For the past 15 years, I have expressed views on the need to tax vacant building plots and development land which is not in any use. Approximately 40% of the development land
Limassol is still seeing high-rise projects preparing to take off the ground, despite Cyprus’ golden passport scheme’s demise that put some luxury towers on ice. The island’s environmental body has given the
Residential property sales are on the rise, with Cyprus real estate stakeholders confident that an upward trend in demand and, consequently, prices recorded in 2021 will continue next year. Although short of
Property prices in Cyprus have bounced back by 87% compared to the first quarter of 2008, according to a recent report by the rating agency DBRS. Real estate values have been climbing
Whenever real estate relates in one way or another to culture, it has a positive effect that creates increased interest to buy or let by local and foreign investors. Properties that offer
Cyprus’ golden passport scheme’s demise has put some high-rise projects on ice, while other towers have been shortened, delivering a body blow to the construction industry. According to the news website Stockwatch,
Nicosia continues to drive the real estate market’s recovery, with total property sales in the capital for the first ten months exceeding those recorded in pre-coronavirus 2019. Compared to coronavirus-stricken 2020, sales
According to WiRE FS findings, prices and transaction volume of properties at city centres in Nicosia and Limassol remain stable, as locals, taking advantage of government subsidies, continue to acquire residential real
For those interested in buying real estate through electronic auctions, we keep noting various scams which surface, with the result being the unsuspecting public or buyers being the victims. Initially, the auction
Two months ago, we published our difference of opinion regarding the Limassol Municipality to undertake an extensive housing development project in collaboration with the Housing Development Organization. This is a dream that
