Cyprus builders warn labour shortfall is slowing new housing
Developers say finding construction workers has become expensive and difficult, with permits adding to the problem.
#Renting
Cyprus landlords weigh long-term rents against holiday lets
Rising residential rents and tighter tax rules are pushing some owners to reconsider short-term holiday letting, with new figures showing conventional tenancies gaining ground.
Rental car camera fines top €7.4m, but most remain unpaid
Cyprus traffic cameras have logged over €7.4m in fines tied to rental vehicles, yet just 3,428 have been paid, the transport minister said.
Larnaca DIPA residents get more time to leave after starting repairs
The Larnaca DLGO has held off on evacuating the DIPA apartment block after residents said they had hired a private engineer and begun repairs. About 400 people live in the complex.
Central Bank warns housing costs and skills gaps could slow Cyprus labour market
Unemployment hit a record low of 3.6 per cent in the second quarter of 2026, but the Central Bank of Cyprus says demographic shifts, housing costs and skills shortages may soon limit growth.
Cyprus rental cars may get first MOT at three years instead of two
The Road Transport Department has opened public consultation on draft rules that would postpone the first roadworthiness test for rental passenger cars and light goods vehicles.
Larnaca orders DIPA residents out over structural danger
The Larnaca District Local Government Organisation has told around 400 people to leave the DIPA complex in the town centre after deeming it highly dangerous, while the building's manager disputes the move.
Larnaca evacuates 64 flats, 12 shops from unsafe DIPA block
The Larnaca DLGO has declared the DIPA building on Grigori Afxentiou Avenue extremely dangerous, giving residents and businesses three days to leave.
Limassol rent tops 91% of average Cypriot salary, study finds
A two-bedroom flat in Limassol can take almost an entire average monthly wage, while Thessaloniki tenants pay a far smaller share of their pay, according to new property market data.
Larnaca complex residents say rental ring still tapping water after deadly raid
A committee at the Filanta complex in Larnaca says a network renting out roughly 30 flats illegally reconnected stolen utilities this week, and that threats followed when residents intervened.
Cyprus bill sets solar deadlines, raises building fines to €250,000
Cabinet-approved draft law would force energy upgrades on commercial buildings, phase in solar installations and lift the maximum administrative fine fivefold to €250,000.
Cyprus house prices outpace EU as rents stay high
House prices in Cyprus climbed 7.9 per cent year-on-year in the second quarter of 2026, well above the EU average, while rental costs on the island remain elevated.