RED, as always, stays on top of the hottest real estate news from around the world.
Here's our latest roundup.
Cyprus
- Real estate sales jumped 13% in the first 9 months of 2025 vs 2024, hitting €3.5 billion (€1.3 billion from Limassol deals alone).
- Cyprus Tax Department will block property deals if seller or buyer has tax debts.
In 2026, you can still file overdue declarations and pay up without issues; full enforcement starts Jan 1, 2027. - Starting 2026, "urban planning police" will check building quality, safety, compliance, and push for top international standards.
Georgia
- New "Labor Migration Law" amendments raise residency-by-property threshold from March 1, 2026: now $150K+ market value (up from $100K).
- Batumi sales up 34.6% YoY on primary market, 16.8% on secondary in Q3 2025.
77% of new apartments bought by foreigners (20% Russians/Belarusians/Ukrainians; 16% Israelis; 12% Europeans; 9% Turks).
UAE
- October property deals hit $12.7B: 69% off-plan, 31% secondary.
Binghatti leads off-plan sales, followed by Meeras, DAMAC Properties, and EMAAR. - Dubai secondary market reached $5.4B in October 2025 (up 4% from September), especially strong in villas and townhouses.
Thailand
- 1.64M empty homes across Thailand — experts want a vacant property tax to push owners to sell or rent.
Bangkok's hit hardest with 730K vacant units, 58% condos.
Indonesia
- Primary market sales improved in Q3 2025, down just 1.29% YoY (vs 3.80% previously).
- Biggest price jumps: Pontianak (+3.74%), Yogyakarta (+1.92%), Semarang (+1.13%), Denpasar (+1.08%).
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