According to research, the value of the Cypriot ICT market reached €781 million in 2022, showing an annual growth of 4.7%, while the IT market (excluding telecommunications) was valued at €302 million,
In response to the increase in interest rates, we’ve observed several budget adjustments among borrowers. Also, property buyers are currently opting for more deliberate and considered purchases. This means the duration required
We are often faced with the question of whether adding quality to a project or property will make it more valuable. This is not an easy question since it depends, amongst other
While property prices and rents rise due to a shortage in supply, some 33,000 homes across the island are unused, the Cyprus Technical Chamber ETEK, advises the government to introduce incentives for
Cyprus is facing a housing crisis, as young couples are locked out of the property market by skyrocketing prices, while supply is quickly diminishing due to thousands moving to the island. President
Despite high inflation, Cyprus’ property market has maintained solid growth during 2022, thanks to demographic changes through high-tech companies and Ukrainian refugees fleeing Russia’s invasion, say real estate analysts. In comments to
The European Parliament recently passed a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the real estate markets of Cyprus and
Cypriots are being squeezed out of the property market as they can’t afford climbing rents, while construction costs and interest rates make homes unaffordable, say real estate agents. Talking to the Financial
An increase in Kosher products on the island, combined with the opening up of the once protective Israeli market, has widened prospects of Cypriot exports to the neighbouring country. The local Jewish
Chelsea didn’t take long to trigger a barrage of criticism and envy after it went on a January shopping spree to scoop up Europe’s best young players. Many believe the club has
