Cyprus Property News

20/06/2026

People kept waiting as Cyprus planning amnesty grinds to a halt

When the Cyprus government unveiled its Urban Planning Amnesty Scheme in September 2024, it was presented as a practical solution to a long-standing property problem. Thousands of homeowners who had made minor unauthorised alterations to their properties would finally be able to regularise those changes, secure planning compliance and, crucially, obtain title deeds. The initiative generated considerable public interest. Property owners responded exactly as the government had hoped, submitting thousands of applications and paying the required penalties....

Around 3,000 homeowners in Cyprus are facing long delays as planning amnesty applications remain stuck despite fees being paid.

20/06/2026

New building inspector rules proposed in Cyprus

The Cyprus government has launched a public consultation on draft legislation that would introduce an independent Building Inspector regime for the first time, marking one of the most significant reforms to construction oversight in recent years. The proposals, published by the Ministry of the Interior, are designed to strengthen compliance with planning permissions, building permits and approved construction plans through mandatory inspections at key stages of development....

Learn about the proposed building inspector framework in Cyprus, aiming to ensure compliance with planning and construction regulations.

19/06/2026

Legal delays holdup evacuation of unsafe Limassol apartment block

Nearly a month after authorities applied for a court order to evacuate the Seagate apartment complex in the Germasogeia tourist area of Limassol, no decision has yet been issued, highlighting what local officials describe as a slow and ineffective legal framework for dealing with dangerous buildings. According to Yiannis Tsouloftas, President of the Limassol District Local Government Organisation (DLGO), the ongoing case demonstrates that while legal mechanisms exist, they incapable of delivering swift solutions when public safety is at risk....

Discover the challenges faced by Limassol officials in addressing dangerous buildings and the slow legal framework involved.

18/06/2026

Construction material costs continue to rise in Cyprus

The cost of construction materials in Cyprus continued to move higher in May 2026, according to the latest figures released by the Statistical Service earlier today, adding further pressure to the country's building sector. The Construction Materials Price Index reached 122.07 points in May, based on 2021=100, representing an increase of 1.16% compared with April and a year-on-year rise of 2.62%....

Cyprus construction material prices rose in May 2026, but at a slower pace than previous years, adding further pressure to building costs.

17/06/2026

Cyprus jointly owned building reform can no longer wait

The election of Cyprus' new House of Representatives marks the beginning of a fresh parliamentary term and presents an opportunity to advance long-awaited reforms that directly affect the daily lives of citizens. Among the most pressing issues is the management of jointly owned residential buildings, which, following developments in recent months, can no longer remain on the legislative back burner....

Cyprus' new Parliament under increasing pressure and renewed call to reform the management of jointly owned residential buildings.

14/06/2026

Cyprus appeal court upholds property title transfer rights

The Cyprus Appeal Court has unanimously dismissed an appeal lodged by a property development company against a decision by the Director of the Paphos District Lands and Surveys Department, ruling that disputed claims for communal expenses cannot prevent the transfer of a property Title Deed to a buyer who has fulfilled their contractual obligations. The decision is expected to provide greater certainty for property buyers and investors across Cyprus, particularly those seeking Title Deed transfers following the completion of property purchases....

Cyprus Appeal Court confirms disputed communal charges cannot block the transfer of a Title Deed and legal ownership to it's purchaser.

14/06/2026

Cyprus building activity soars in first two months of 2026

Building activity across Cyprus recorded strong growth during the first two months of 2026, according to the latest figures from the Statistical Service, highlighting continued momentum in the residential property sector. The total floor area of licensed developments increased by 54.9% year-on-year, while project values, building permits and the number of planned residential units also posted substantial gains. Between January and February 2026, the total floor area of licensed projects reached 661,400 square metres, compared with 427,100 square metres during the same period in 2025....

Cyprus building activity rose sharply in early 2026, driven by strong growth in residential developments and housing permits.

04/06/2026

Cyprus property market analysis: May 2026 sales data

As reported yesterday, property sales in Cyprus continued their upward trend in May 2026, extending the steady growth seen across the real estate market over the past year. According to the latest figures from the Department of Lands and Surveys, a total of 1,723 property sales contracts were deposited during May, representing a 5% increase compared with the same month last year....

Latest Cyprus property market data reveals growth in domestic and EU buyer activity during May 2026 confirmed by Department of Lands & Surveys

04/06/2026

The Rocks: €mega development planned in Pentakomo, Limassol

A major tourism and real estate development known as The Rocks has been proposed by DRL5COMOS PROPERTIES LTD in the community of Pentakomo, in the Limassol district. The company has submitted an Environmental Impact Assessment (EIA) to the Environmental Authority, with the proposed development currently undergoing a public consultation process. According to the project's master plan, The Rocks will comprise a mixed-use tourism development, with operations expected to commence in 2029....

04/06/2026

Unsafe buildings alert amid Limassol development growth

Limassol continues to experience a period of intense construction activity, with local authorities processing a record number of planning and building permit applications while also tackling the growing issue of unsafe buildings across the district. According to Socrates Metaxas, Director General of the Limassol District Local Government Organisation (DGLO), around 1,000 new applications for planning and building permits are being submitted every month, highlighting the strength of development activity throughout the district....

Limassol gets 1,000 planning applications/month as authorities target 40 dangerous buildings among 1,000 unsafe buildings identified to date.