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Real Estate News
Prepare Your Home and Garden for Cyprus' Extreme Winter Cold
Winter is approaching in Cyprus, and while the temperatures are milder compared to many other regions, the cooler weather and rainy days still affect our homes and gardens. November is an excellent time to begin winter preparations, ensuring your home remains comfortable and energy-efficient while getting your garden...
Comparison of Cyprus Residency and Citizenship
Many people seek to live in Cyprus for various reasons, including relocation, business and investment opportunities, or retirement. While Cyprus offers both permanent residency permits and citizenship, there are notable similarities and differences between the two. Here’s a concise overview to help you decide...
ReLux Estates has been awarded as one of the TOP 100 Real Estate Brokers of the World!
Breaking News: ReLux Estates is officially among the TOP 100 Real Estate Brokers of the World!
We're thrilled to announce that our dedication to excellence in luxury real estate has earned us this prestigious global recognition! mansion
This award isn't just a trophy for our shelf...
Where leaders of MED9 Summit stay in Cyprus?
According to Philenews, amid the intense political and diplomatic activities of the MED9 Summit, the heads of state and government gathered at Minthis had the chance to relish the luxury resort's amenities and the area's picturesque scenery.
They all expressed their appreciation for the conference location,...
Millennials to Drive 70% of Real Estate Market Customers
According to Danos International Property Consultants & Valuers' S1 2024 Market Insight Report, Millennials (Generation Y) and Generation Z will make up 70% of real estate market customers by 2025.
The report also highlights other significant trends impacting the Cyprus property market:
There is a...
Urban Amnesty in Cyprus: Property Owners to Receive Titles
The town planning amnesty plan prepared by the Town Planning Department, based on the instructions of Interior Minister Constantinos Ioannou, will pave the way for thousands of stranded buyers to legalize their properties by securing final approval and then title deeds.
The legalization of thousands of properties...
CYPRUS REAL ESTATE 2024: THE BEST SEVEN MONTHS IN SALES SINCE 2008
From January to July 2024, 9210 properties were sold in Cyprus. As noted by StockWatch, despite the repeated increase in interest rates on loans and uncertainty in international markets, this is the best period in sales since a record 2008, when 10,152 transactions for the purchase/sale of Cypriot real estate were...
BY 2025, 70% OF PROPERTY BUYERS IN CYPRUS WILL BE MILLENNIALS AND ZOOMERS
Who will buy Cypriot real estate in the coming years? What will their requests and preferences be? How to match them? These questions are asked by Cypriot developers and developers. According to the forecast of Danos and Associates, a company specializing in valuation and consulting in the real estate sector of...
Exciting Announcement: Join Us at RealtyOn 2024 !
Exciting news for all real estate enthusiasts! We invite you to join us at the upcoming RealtyOn 2024 Expo in Cyprus. Mark your calendars for July 3-4, from 10 am to 6 pm, and head over to Booth No.30 to explore a world of exclusive real estate services in Cyprus and Dubai.
At our booth, you can discover our...
Cyprus proposed to Low Property Investment Threshold for Permanent Residency to €250,000
In Cyprus, there is a proposed bill in the Parliament to grant permanent residence permits to foreign citizens who buy real estate valued at a minimum of 250,000 euros plus VAT, which is a reduction from the current requirement of 300,000 euros. The aim of this bill is to attract more foreign investors to Cyprus,...
Government Extends Property Valuation Cycle to 5 Years
The Council of Ministers has presented a legislative proposal to the legislative body suggesting an extension of the interval between comprehensive property assessments by the Department of Lands & Surveys, changing it from every three years to every five years.
Initially, comprehensive property assessments...
ReLux Estates Agency is the the 'Best Luxury Real Estate Consultancy in Cyprus' 2024
Thrilled to share the news that ReLux Estates Agency has been officially recognized the the 'Best Luxury Real Estate Consultancy in Cyprus' at the 2024 Luxury Lifestyle Awards! This recognition is a testament to our team's dedication to providing unparalleled service and expertise in the industry....