A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement, to say the least, so let me explain. There are three dimensions when
House prices and rents are pushed up by a lack of supply, with real estate analysts proposing that authorities take drastic action to bring new properties onto the market, even by taxing
Before the new President of the Republic formulates his plans, I submit some views and suggestions to improve the real estate and construction industry. Adopting the Deputy Ministries by the previous government
According to PwC’s in-depth analysis, the total value of Cyprus real estate transactions reached a record-high of €5.2 bln in 2022, recording an annual increase of 27%. In volume terms, properties transacted
One wonders what will be in store for us regarding the future of Cyprus real estate. There are two frontrunners in the second round (out of the original 14 candidates) hoping to
Annually, average Cyprus real estate prices increased by 9.9% for apartments, 1.0% for houses, and 0.3% for offices, according to the Q4 2022 Ask WiRE property index. Sales prices also increased by
The former minister of the Environment of Ireland (Alan Kelly) announced that developers should build affordable accommodation for Ireland’s citizens – “Get Real”, he added and “build accommodation which is affordable to
Construction costs and increased demand from foreign and Cypriot buyers contributed to the acceleration in house price increases during the third quarter of 2022. According to the Central Bank, the Residential Property
Subject to minimum acceptable standards, I am often asked whether the quality of an office matters in terms of attracting business. Before we answer this question, there are some important basic requirements
Despite the property market generating €6 billion in sales in 2022, real estate agents expect a challenging 2023. Releasing its quarterly “Real Estate Market Bulletin”, the Cyprus Real Estate Registration Council said
