To obtain a permanent residence visa, one must purchase a housing unit with a minimum value of €300,000. For a passport (when it was operational), the minimum house value was set at
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations displaying promising growth and recovery. However, beneath the surface of these top-line numbers, underlying challenges and disparities
I observe a strong indifference both from the individual authorities of the state and the professional associations in the real estate sector. It is rare for the latter to submit a proposal
Foreign buyers still power Cyprus’ real estate sector, as coastal cities see an influx of demand generated from the growing trend of high-profile companies relocating to the island, reveals an EY survey.
In the second quarter of 2023, house prices in the EU increased by 0.3% compared with the first quarter, while rents increased by 0.7%, but Cyprus house prices decreased by 0.4%, according
The property market in Paphos is thriving as major deals push the total value of transactions over €190 mln during the second quarter of 2023, according to a report by Ask Wire.
On the occasion of the revision of local planning zones regarding the mountain areas and resorts, I have some thoughts that may be useful and adopted by designers and urban planners. The
Limassol property offers the highest yield for renting out an apartment, generating returns between 6.85% and 7.80%, while Larnaca has the highest growth prospect, according to a local real estate agency study.
The government has come under pressure from stakeholders following news that a state-sponsored affordable housing project in Limassol has gone south due to a lack of funds. The Cyprus Scientific and Technical
Increasing construction costs, the limited supply of suitable units in residential or central areas, VAT, and the lack of title deeds have turned the market’s interest in acquiring older homes. In most
