RED, as always, keeps a close eye on the most relevant real estate events across different regions. Sharing a fresh selection.
Cyprus
- Real estate sales volume grew 13% in the first 9 months of 2025 vs 2024, reaching €3.5B, €1.3B of which came from Limassol deals.
- Cyprus Tax Department will block property sale transactions if buyer or seller has outstanding tax debts. In 2026, taxpayers must file overdue returns and settle debts without blocks; from January 1, 2027, the law fully applies.
- In 2026, a “planning police” will start operating to inspect quality and safety of new buildings, legal compliance and transparency at all construction stages, and enforce use of advanced technologies and top international standards.
Georgia
- Under new amendments to the Labour Migration Law, from March 1, 2026, real estate investment residency threshold rises: market value of one or several properties must be at least $150,000 (up from $100,000).
- Q3 2025 Batumi property sales rose 34.6% y/y on the primary market and 16.8% on the secondary. 77% of 2025 new-build apartment sales in Batumi went to foreigners (20% Russians, Belarusians, Ukrainians; 16% Israelis; 12% Europeans; 9% Turks).
UAE
- October real estate sales volume reached $12.7B: 69% off-plan, 31% secondary market. Off-plan sales leaders by volume: Binghatti, followed by Meeras, DAMAC Properties, and EMAAR.
- Dubai secondary market sales in October 2025 totaled $5.4B, 4% higher than September, with especially strong growth in villas and townhouses.
Thailand
- 1.64M housing units stand vacant nationwide; experts propose a vacant property tax to push owners toward selling or renting. Problem is sharpest in Bangkok where 730,000 units sit empty, 58% of them condominiums.
Indonesia
- Primary market sales in Q3 2025 almost stabilized, showing just a 1.29% y/y decline vs a 3.80% drop in previous period.
- Notable annual price growth recorded in: Pontianak (+3.74%), Yogyakarta (+1.92%), Semarang (+1.13%), Denpasar (+1.08%).
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