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Luxury Properties Cyprus is a premium property marketing platform focused on the presentation and promotion of carefully selected properties across Cyprus.

04/11/2026

Home solar systems: Cyprus VAT falls to 9%

From 16 October 2026, qualifying photovoltaic—or solar-panel—systems supplied to household electricity customers for self-consumption in their homes are subject to 9% value added tax (VAT), reduced from the standard 19% rate.

The rule is specific to eligible residential systems. Installations that do not meet the household and self-consumption conditions may remain subject to 19% VAT, so the applicable treatment should be confirmed with the supplier or a qualified adviser.

For homeowners and buyers comparing future running costs, the change makes energy improvements more relevant to the overall property budget.

Read LPC’s updated Taxes and Costs guide—link in bio.

04/11/2026

Cyprus’s first gas project moves into ex*****on

On 26 October, Cyprus officially launched the ex*****on phase of the Cronos offshore natural-gas project after international energy companies Eni and TotalEnergies made their final investment decision in July.

“Execution phase” means the project has moved from planning into engineering, construction, installation and drilling. The field is estimated to hold more than three trillion cubic feet of gas, with production expected in the first half of 2028.

Large infrastructure projects may support wider business activity and demand for specialist services. They do not automatically create property returns, so each location and asset still requires its own assessment.

Read LPC’s broader investment guide—link in bio.

02/11/2026

Why Cyprus? More Than Just Sunshine

Cyprus offers much more than beautiful beaches and a Mediterranean climate. For international buyers, it combines an attractive lifestyle with several practical advantages of property ownership.

Some of the key benefits include:

✅ EU Membership – Cyprus is a member of the European Union and uses the euro.

✅ Property Ownership – Freehold ownership is available to foreign buyers, subject to applicable purchasing requirements.

✅ Tax Advantages – No inheritance tax and a competitive property-tax framework.

✅ Lifestyle & Climate – Over 300 days of sunshine annually, with beaches, mountains and outdoor living.

✅ Healthcare & Education – Public and private healthcare, international schools and universities.

✅ International Connectivity – Two international airports and convenient connections to Europe and beyond.

✅ Property Choice – From beachfront apartments and luxury villas to traditional village homes and modern developments.

Whether considering permanent relocation, retirement, a holiday home or property investment, Cyprus offers a compelling combination of lifestyle and opportunity.

Discover more about the benefits of buying property in Cyprus on our website:

https://luxurypropertiescyprus.com/

LuxuryPropertiesCyprus

02/11/2026

Cyprus Proposes Stronger Coastal Building Restrictions

New legislation has been proposed to strengthen the protection of Cyprus’s coastline.

The proposal would establish a minimum 100-metre coastal protection zone, measured inland from the highest winter waterline, where new construction would generally be prohibited.

The aim is to protect coastal areas from excessive development and preserve the natural environment.

For buyers considering beachfront property or coastal development land, planning restrictions, existing permits and development rights are important considerations.

The proposed legislation has not yet been approved, and its final provisions could change.

For more information and guidance on buying property in Cyprus, visit https://luxurypropertiescyprus.com/

30/10/2026

Cyprus Home Energy Grants — €27.5 Million Funding Exhausted

Cyprus’s 2026 home energy-efficiency grant scheme attracted exceptional demand, with applications exceeding the available funding shortly after opening.

The original €20 million allocation was increased to €27.5 million, but the additional funding was also oversubscribed.

The scheme offered eligible homeowners grants of up to €32,000 for improvements including thermal insulation, photovoltaic systems, replacement windows and energy-efficient heating and cooling.

Applications officially closed on 21 October 2026.

The strong response highlights the growing importance of energy efficiency and lower running costs for Cyprus homeowners.

For more information and guidance on buying property in Cyprus, visit https://luxurypropertiescyprus.com/

29/10/2026

Cyprus Off-Plan Property Sales Reach €606 Million

Cyprus recorded €606.4 million in off-plan residential property sales during the third quarter of 2026, covering 1,956 transactions.

Limassol led the market, accounting for 40.5% of the total transaction value, while Paphos increased its share of sales activity.

Interestingly, almost 65% of transactions involved properties priced below €300,000, demonstrating that demand extends across different price categories.

For buyers and investors, these figures highlight the importance of understanding local markets rather than relying solely on national averages.

Location, property type, specifications and developer reputation remain important considerations when purchasing new property in Cyprus.

28/10/2026

🏗️ Apartments Are Reshaping Cyprus’ Property Market

Licensed apartment floor area increased by more than 1,100% between the first halves of 2016 and 2026, according to analysis reported by Cyprus Property News.

🏢 Apartments offer a more accessible route to homeownership for many households.
🏡 New detached houses are becoming larger, with average size rising from around 171m² to 222m².
💶 Higher land and construction costs are pushing detached homes towards wealthier buyers.
🌍 International businesses are also supporting demand for spacious, premium apartments.

The result? A housing market increasingly shaped by apartments, alongside a more exclusive detached-home sector.

📲 Follow our page for Cyprus property news and market updates.

Source: Cyprus Property News, 12 October 2026.

28/10/2026

📍 Larnaca Property Prices: Which Areas Cost the Most?

Larnaca sale prices have increased by 20–30% over the past two years, according to local estate agents quoted in Cyprus Property News.

🌊 Mackenzie remains the most expensive area for apartments, with prices reaching €6,000/m².
🏙️ New properties within Larnaca municipality average around €4,000/m².
📈 Prices are also rising in Kiti, Pervolia, Alethriko and Tersefanou.

Planned investment along the former refinery coastline could reshape the market further, while affordability remains a growing concern for local buyers.

📲 Follow our page for Cyprus property news and updates.

Source: Cyprus Property News, 12 October 2026.

20/10/2026

Cyprus Property Market: Is Supply Keeping Pace with Demand?

Permits for 8,978 residential units were issued between January and May 2026 — up 63.7% year-on-year.

Ask Wire CEO Pavlos Loizou warns that developments targeting overseas buyers could face pressure in 2027–2028 if demand slows.

Meanwhile, more construction does not automatically mean more affordable homes for local households. The location, price and type of housing being built all matter.

📊 A changing market makes understanding local supply and demand increasingly important.

Follow our page for Cyprus property news and market updates.

Source: Cyprus Property News, 13 October 2026.

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Limassol
5406

Website

http://www.luxurypropertiescyprus.com/

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