Cyprus Property Market Analysis Firm Releases February Report A report outlining the ten largest property transactions completed in February 2024 has been released by Cypriot real estate market analytics firm Ask Wire. The data provides valuable insights into the state of the local property market. Key Findings of the Report The total value of the top 50 property transactions in February...
The Ministry of Interior has recently published a comprehensive list of criteria for naturalization in Cyprus. General Requirements for Naturalization As per Article 111B(1) of the relevant law, applicants must meet the following criteria: Residency: Lawful and continuous residency in government-controlled areas of Cyprus for 12 months before the application date. Brief absences not exceeding...
Owning property in Northern Cyprus can be a great investment, but it's important to understand the different types of title deeds available and their implications. Here's a breakdown of the top 3 most secure title deeds: 1. Turkish Title: Description: Issued for properties owned by Turkish Cypriots or foreigners before 1974. Security: Considered the most secure title, recognized worldwide, and...
The small island of Petra tou Limniti is located off the coast of Tillyria, in the northern sea of Cyprus. The island is only 4,500 square meters in size, but it has a significant place in Cypriot history and archaeology. In 1927, a Swedish archaeological expedition led by Einar Gjerstad discovered a Neolithic settlement on Petra tou Limniti that dates back to around 5800 BCE. This makes it one of the...
Whether you're buying, building, or renting, Northern Cyprus (TRNC) remains one of the more affordable Mediterranean property markets, though prices have climbed sharply over the past two years. This guide covers current buying, building, and renting costs, the legal process foreign buyers need to follow, and where the best value remains across the island's main coastal regions. North Cyprus Property...
Thousands of homeowners in Cyprus still cannot obtain title to their property. The Ministry of Internal Affairs has prepared a strategy to overcome this long-term problem. Owners of property without title are divided into three categories: Those who have fulfilled all their obligations but were unable to obtain the document due to the developer's debts. Those who were unable to obtain title...
Rising demand and prices While Limassol has held and continues to hold the lead in terms of foreign investment in recent years, current investors are also turning their attention to other cities on the island. Increased interest has been recorded in Larnaca. Larnaca has started to develop both in terms of tourist infrastructure and housing. The high demand for houses and land in the region has caused...
Israeli Ministry of Transportation: Exploring the Possibilities Israeli Transportation Minister Miri Regev sent a delegation led by Uzi Yitzhaki, head of the state-owned Israeli port company, to Cyprus. The aim of the visit was to explore the possibilities of purchasing a port on the Greek side of the island. Cost Estimation and Cypriot Interest Israel estimates the port to be worth around $150...
Who must make a cash declaration Cyprus requires, what counts as cash, how the €10,000 threshold works, the form, penalties of up to €100,000 or 3 years, MOKAS data sharing and the separate cash-payment cap, as of 23 October 2026.
Limassol: Limassol Castle: a medieval castle built in the 12th century. Kourion Archaeological Park: ruins of an ancient city-state. Medieval Museum: a collection of artifacts from medieval Cyprus. Limassol Promenade: a palm-lined waterfront with cafes and restaurants. Fasouri Watermania Waterpark: one of the best waterparks in Europe. Larnaca: Church of Saint...
