Cyprus’ drive to attract high-tech companies, combined with increased interest from firms to relocate, moving from geopolitically unstable regions, is expected to boost demand for real estate. According to the Central Bank
MPs are undecided on whether to pass a European Union directive reducing the size of homes entitled to lower 5% VAT or face hefty financial penalties, while the construction industry wants authorities
The publication of the proposed new law on common charges is most welcome, not so much for the proposal’s content but more for the interest, the Law Commissioner shows. It is a
Cyprus’ real estate market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018
Larnaca’s makeover is not limited to the €1.2 bln redevelopment of its marina and port already taking shape, as two residential towers and a hotel called the Staston Project has been given
A European Union directive to reduce the size of homes entitled to lower 5% VAT has real estate agents and developers in uproar as they claim it will endanger the recovery of
I am often asked, will adding quality to a project or property make it more valuable? This is not an easy question since it depends on what defines ‘quality’ and whether the
Real estate agents in Limassol and Paphos are reporting the highest demand from foreign buyers and Cypriots for homes since 2020 when the government ended the disgraced citizenship for investment scheme. The
Homes built 30-40 years ago need improvements to meet today’s standard of living, especially those ‘designer’ houses built to the owner’s specifications. This is particularly important if you want to sell it
Cyprus’ real estate sector is reinvented by a growing wealth disparity, creating a wider gap among potential buyers for homes and apartments. The trend is set to continue as the economy hits
