Foreign buyers are accelerating their presence in the Cyprus property sector, outpacing general market growth and expanding their total market share during the first seven months of 2026. Data compiled by Delfi Properties shows international purchasers registered 4,980 contracts of sale between January and July 2026, a 20.3% year on year surge. By comparison, overall transaction contracts across all buyer...
The Cyprus real estate market maintained a resilient, steady upward trajectory throughout the second quarter of 2026, defying broader economic uncertainties and regional geopolitical volatility. Data released by RICS and KPMG in Cyprus highlights positive capital value movements across most asset classes and districts, alongside robust performance in the rental sector. While demand remains healthy...
Cyprus holds a vast, untapped solution to its ongoing housing crisis hidden in plain sight. Data from the Cyprus Scientific and Technical Chamber (ETEK) reveals that roughly 30,000 structures stand unoccupied across the island, properties that could be refurbished to significantly boost the supply of affordable rental housing. The issue was brought forward by Charalambos Theopemptou, former chairman of...
The Cyprus real estate sector experienced steady, mild upward momentum during the first quarter of 2026. According to the latest figures released by RICS and KPMG in Cyprus, asset values across most market categories moved within a narrow positive range. Residential apartments maintained their position as the leading asset class for both capital appreciation and rental yield growth, whereas retail assets...
The Human Resources and Innovation Department of the Association of Cyprus Banks (ACB) plays a pivotal role in strengthening sector stability, advancing workforce qualifications, and bolstering digital resilience. Outlined by Department Director Dr. Yannos Rossidis in the Association's Annual Review, strategic initiatives spanned labor relations management, comprehensive professional training, and...
Electronic property auctions in Cyprus held a steady 20% success rate throughout 2025, matching performance levels from 2024, according to operational data released by ACB E-Auctions Ltd. Concurrently, 37% of all scheduled auctions were canceled prior to bidding, driven primarily by out-of-court settlements and restructured repayment agreements reached between creditors and borrowers before the properties...
Midway through 2026, building material costs in Cyprus continued their gradual upward trajectory, propelled by noticeable price jumps in electrical supplies, plastic items, and aluminum. Data released by the Statistical Service of Cyprus (Cystat) indicates that the Construction Materials Price Index reached 123.00 points (base year 2021=100) in July 2026, representing a 3.33% annual increase compared to...
In a coordinated drive to enhance urban safety and restore architectural integrity, the Nicosia District Local Government Organisation (EOA Nicosia) and the Municipality of Nicosia have streamlined operations to address hazardous structures across the capital. Backed by an earmarked €2 million grant from the Peripheral Areas Revitalization Fund, authorities and technical bodies are aligning...
The Central Bank of Cyprus (CBC) conducted its first quantitative study to gauge public knowledge, usage intentions, and concerns regarding the European Central Bank’s planned 2029 digital euro rollout. Based on a nationwide telephone poll of 506 residents aged 18 and older, the findings reveal a widespread knowledge gap alongside strong commercial readiness. Demographics, Awareness, and Usage...
Assets managed by investment organisations in Cyprus grew by 2.5% during the second quarter of 2026, solidifying the sector's total holdings well above the €8 billion benchmark. According to statistical data published by the Central Bank of Cyprus, total industry assets rose from €8,171.9 million at the end of March 2026 to €8,377.3 million by the end of June 2026. The number of licensed investment...
