Nicosia is looking forward to a bumper 2021 as the capital expects its fair share of new development and infrastructure projects that will see it undergo its biggest makeover in recent history.
Despite my involvement in real estate over the last 42 years, I am still learning from mistakes and omissions and various tricks that insurance companies and others come up with. I want
Cyprus’ macroeconomic performance throughout 2021 will remain under pressure, with downward annual variations in several indicators influenced by the ongoing pandemic. However, when the health side improves, so will the economy, both
Nicosia is keeping the real estate market alive with high demand for office space from foreign high-tech companies looking to be based in the capital expected to revive a sluggish property sector.
A report by international auditors and advisory PwC regarding Cyprus’ prevailing real estate market is worth studying. It reports on the reduction of real estate demand, something which I expect will get
Discussion is currently underway about the necessity (or not) of the Certificate of Final Approval (C.F.A.) for someone to occupy a building or a unit. It is a serious subject since the
Residential property prices dropped a marginal 0.2% in the fourth quarter of 2020, its second marginal consecutive quarterly reduction, with the government’s interest rate subsidy scheme offsetting the negative impact of the
By Andreas Anastasiades Limassol continues to be the most important real estate market in Cyprus, and all available information supports this: sales, rentals, and prices. Contrary to popular opinion, the Limassol real
Due to the pandemic, there has been a small rise in house prices and rentals while other real estate values have fallen, according to a new property index. Following the same trend
In the fourth quarter of 2020, house prices, as measured by the House Price Index, rose by 5.4% in the eurozone, 5.7% across the EU and 2.4% in Cyprus, compared with the