One wonders what is in store regarding real estate in Cyprus in the year ahead. The past year saw a positive trend, with new sales showing a 35% increase in real estate
The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing. One year later, the disruptions
Increased mortgage rates have dashed dreams of owning a home, leaving many in a catch-22 situation as rents are rising, exceeding what families pay in monthly instalments for a housing loan. Interest
Brussels hinted at approval for the mortgage-to-rent scheme for distressed borrowers, urging Cypriot authorities to create a company dedicated to managing it. The European Commission’s Directorate-General of Competition has instructed the Ministry
Although Cyprus is considered a safe country and perhaps the safest in the EU, the real estate market has begun to pay increased attention to security, which increases the value of a
Cyprus’ property market is feeling the brunt of hiking building costs and interest rates as Cypriots see their dream of owning a home dashed, with real estate stakeholders pinning their hopes on
The Finance Ministry seek to push the thorny issue of finding a compromise on reduced VAT for first homes to the next government after the European Commission’s latest warning against Cyprus over
Cyprus’ real estate sector will stabilise after hitting a record number of sales since 2008, as a growth trend following the pandemic is halted by rising building costs and interest rates. According
I want to share with you the various complaints that we receive, which concern the extent of the described properties on the titles of plots of land and fields. Until recently, I
The European Insurance and Occupational Pensions Authority (EIOPA) has released a discussion paper on proactively managing sustainability risks, focusing on the real estate sector. The paper highlights the crucial role that real
