property Archives - Page 9 of 21

Central Bank allays fears of property bubble

Currently, the real estate sector is not a destabilising factor for the banking system, nor are there concerns over a property bubble or residue from the defunct Citizenship for Investment scheme, argues

21st July 2022

Cyprus/Property

New home, or older flats – that is the question

As the purchase cost/sale prices of new units (apartments) increase, so does the difference between older and new units. If we compare the selling prices of new residential units, which are now

16th July 2022

Comment/Property

Cyprus property market – the haves and have nots

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily by foreign investors who are trying to appreciate how the rise

15th July 2022

Comment/Property

Ageing buildings need urgent inspection

Cyprus’ older buildings must undergo immediate inspection, while authorities should introduce mechanisms to prevent incidents like the collapse of two balconies in Paphos from happening again. The Scientific and Technical Chamber of

12th July 2022

Cyprus/Property

Untangling the common expenses quandary

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

2nd July 2022

Comment/Property

Cyprus property values growing

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

30th June 2022

Cyprus/Property

New property development for Larnaca

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

29th June 2022

Cyprus/Property

Quality scorecard for buying property

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

25th June 2022

Comment/Property

Paphos, Limassol property market booming

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

19th June 2022

Cyprus/Property

Wealth gap reshaping property sector

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

12th June 2022

Cyprus/Property