Key real estate news abroad review (May 7 – May 13)
Many countries are tightening rules in the residential rental market in an effort to increase control. In Cyprus, cash payments have been banned, while Spain has introduced caps on certain rates. In Bali, regulations have also reached villas — a segment that previously operated with minimal restrictions.
Cyprus bans cash payments for residential rent
Starting July 1, 2026, new rules will take effect in Cyprus. Cash payments for residential rent will be prohibited to improve income transparency and reduce the shadow economy. All transactions must be conducted via bank transfers and digital payments.
Bali tightens rules in the villa rental market
Bali is increasing oversight of the short-term villa rental sector. Mandatory licensing, zoning checks, and business registration are being introduced. Online platforms will be required to remove unverified or illegal listings.
Spain to pay up to €25,000 to bring vacant homes into the rental market
Spain is attempting to return empty properties to the long-term rental market. Compensation ranges from €17,000 to €25,000. Additional funding is allocated for renovations and rural business development. Rental prices are capped at €600 per month.
Albania becomes a magnet for EU property buyers
Albania is strengthening its position in the international real estate market. Active coastal development and a relatively low entry threshold are attracting EU buyers. The average property price remains around €1,171 per sq. m, with yields reaching 6–9% in some areas and up to 12–15% in resort zones.
Prime London moves into a discount phase
London’s luxury real estate market is seeing rising discounts in central areas. Some deals show reductions of up to 17%, with an average discount of around 10% or more. Prices remain roughly 20–30% below the 2014 peak.
France introduces a neighborhood risk map for property buyers
France has launched a digital tool for the real estate market that displays neighborhood-level data on crime, migration, and social indicators. The system integrates with property listings and highlights safety levels, migration trends, and priority urban districts.
In the International Investment catalog — properties managed by international hotel operators.
