Property - Page 36

COVID19: Action needed for Cyprus real estate to rebound

By Charalambos Pitros The Cyprus real estate market is held hostage by the novel coronavirus, and its performance is going to get worse before it gets better. The effects on real estate

29th July 2020

Comment/Guests/Property

Cyprus has sun, low taxes to attract foreign buyers

The Daily Mail UK published a most interesting report entitled “Escape”, regarding Britons holidaying in Europe, giving a general picture and price in various favourite European holiday destinations. It reported that the

26th July 2020

Comment/Property

COVID19: Local buyers in real estate picking up

By Marinos Kineyirou Cyprus government measures to subsidise mortgages, in a bid to support the COVID-19 struck economy, seem to be paying off, as young couples are exhibiting an ever-growing interest in

25th July 2020

Comment/Guests/Property

UAE real estate hit by double whammy of coronavirus, slumping oil price

The credit quality of real estate companies in the United Arab Emirates will erode on the back of the double hit from coronavirus and the oil price slump, Moody’s Investors Service said

20th July 2020

Middle East/Property/World

COVID19: Buying older properties is a safer bet

Coronavirus has hit Cyprus and other countries quite seriously with the Cypriot economy showing an annual growth rate of around 5% over recent years, we are facing a recession of around -8%,

19th July 2020

Comment/Property

Rent reduction for businesses that deserve it

One of the measures the government is taking to reduce the impact of coronavirus on the economy is rent reductions. There is no law as such to impose rent reductions, but the

11th July 2020

Comment/Property

Cyprus house prices rose 1.1% in Q1

Cyprus house prices in the first three months of 2020 increased by 1.1% annually and a higher 2.5% on a quarterly basis, official figures showed on Wednesday. According to preliminary estimates, the

8th July 2020

Cyprus/Property

Dark arts of Cyprus property sales

The situation regarding estate agents is not healthy and it is a cause of constant argument between property sellers, buyers and the agents seeking a commission. Most of the wrongs were corrected

4th July 2020

Columnists/Cyprus/Property

COVID19: How different markets will adjust post virus

Following the devastating consequences of the pandemic in the first half of 2020, we are now heading towards the second part of the year with a minor feeling of optimism as Cyprus

3rd July 2020

Comment/Property

German lesson for Cyprus in property transactions

By Sandra Nebritova Cyprus is one of those countries that actively advertises its real estate market and offers additional perks that can come with the purchase – such as residence permit or

27th June 2020

Comment/Property