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Forecast for Selling and Renting Prices of Houses and Apartments in Cyprus in 2024

Forecast for Selling and Renting Prices of Houses and Apartments in Cyprus in 2024

In 2024, property selling prices will remain at 2023 levels in three regions of the Republic of Cyprus, while they will rise in two others. Regarding rentals,…

Starting from November, VAT will be charged differently when purchasing first real estate in Cyprus

Starting from November 1, 2023, new rules for Value Added Tax (VAT) will be in effect in the Republic of Cyprus when purchasing first properties. As explained…

Businessmen and investors from Russia and Ukraine choose the island of Aphrodite for doing business and life

According to the Central Bank of the Republic of Cyprus, “thanks to the efforts of the Cypriot government, which in October 2021 initiated a program to…

New project at Katholiki

In September, we are planning to start the construction of a new premium class residential complex. The new residential complex Level Residence will be located …

Our project at Neapolis has been completed

At the beginning of May we have completed the construction of our  premium class residential complex in Neapolis. The residential complex is located in one of …

Foreign property buyers are returning to Cyprus

In Cyprus, there is a growing interest in buying property from foreigners. In 2020 and beginning of 2021, there was a decrease in demand for real estate after…

From January to March 2022  real estate was sold in Cyprus for 1.27 billion euros

In the first quarter of 2022, 5.258 real estate purchase/sale transactions were completed in the Republic of Cyprus for a total amount of 1.272 billion euros….

Must have energy efficiency certificate

The Cyprus Green Party has submitted a bill to Parliament regarding energy efficiency certificate in real estate. When selling or renting houses, apartments,…

The first twisted tower of Cyprus will be completed in May 2023

The Twisted Tower, the first in Cyprus and one of 34 in the world, will be completed at Ayia Napa Marina in May 2023. Its height is 110 meters. The residential …

Cyprus’ Sovereign Rating

As of beginning of 2021, key international credit rating agencies continued to rate Cyprus’ sovereign rating at investment grade. In October 2020, S&P…

Cyprus Economic Outlook

The accelerating pace of vaccination and the improved epidemiological situation in Cyprus, as well as in the rest of the EU, have prompted a significant…

Cyprus Real Estate Market Overview

As per the Department of Lands and Surveys, in terms of regional distribution of the total contracts of sales during 2019, the majority of the sales were in…

New investment opportunities

On March 24, 2021, Cyprus revised the rules under which investors obtain permanent residency in the country. The new conditions allow you to invest not only in …

Graffiti Residence is almost complete

One of our latest projects, Graffiti Residence, is almost complete. It is currently at the finishing stage. The residential complex is located in the popular…

Stem Property Group introduction

Although our company was created a relatively long time ago – in 2015, and all this time it has been doing business in the Cypriot market, and somehow it …