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- No tender, no permits, no problem!by Nigel Howarth at 9:25 am
In a damning indictment of public sector mismanagement, Cyprus’ Auditor General has exposed a €1.5 million renovation project without public tenders, without proper permits, and astonishingly, without a signed contract — and it’s the taxpayer picking up the tab. The project, which was supposedly part of a broader modernisation of local government, saw construction kick off The post No tender, no permits, no problem! appeared first on Cyprus Property News.
- RICS/KPMG property price & rental index Q1 2025by Nigel Howarth at 7:14 am
The 60th quarterly publication of the RICS Cyprus Property Index with KPMG in Cyprus records the property price and rental index, tracking property and rental prices across all Cyprus districts and main property types. On behalf of KPMG in Cyprus, Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group, stated: “The first The post RICS/KPMG property price & rental index Q1 2025 appeared first on Cyprus Property News.
- Pissouri landslide: Hidden catastrophe destroying a Cypriot villageby Nigel Howarth at 12:37 pm
The late Gordon Honeycombe once extolled the virtues of Pissouri village in his 1980s book The Edge of Heaven. Little could he have imagined that, just thirty years on, this tranquil haven would become a living nightmare for many of its residents when a landslide struck. The first signs of trouble emerged in 2012, when The post Pissouri landslide: Hidden catastrophe destroying a Cypriot village appeared first on Cyprus Property News.
- Urgent call for legislation on jointly owned buildings in Cyprusby Nigel Howarth at 3:06 pm
The Cyprus Association of Condominium Managers (SYDIKOIK) has issued an urgent plea to the Parliamentary Committee on Interior Affairs to bring forward and pass legislation governing the management of jointly owned buildings. Despite being informed that a follow-up meeting would take place in Parliament in January to advance the matter, no such meeting has occurred The post Urgent call for legislation on jointly owned buildings in Cyprus appeared first on Cyprus Property News.
- Cyprus property sales analysis – May 2025by Nigel Howarth at 12:29 pm
Following our monthly update on property sales yesterday, we now dive deeper into the Cyprus property market’s performance in May 2025, as revealed by the latest figures from the Department of Lands and Surveys. The market recorded a total of 1,664 property sale contracts deposited across the island’s Land Registry offices – a notable 30% The post Cyprus property sales analysis – May 2025 appeared first on Cyprus Property News.