Paphos continued to dominate foreign property sales in March, recording 204 contracts of sale, outpacing all other districts in Cyprus, according to a survey by a leading property developer. The data, compiled
Breaking free from Covid impact If you’re in the market for a vacation home in Cyprus, you might be in for some sticker shocks, as sale prices and rental rates for these
The Cypriot real estate market demonstrated remarkable resilience and flexibility during 2023, according to the PwC Cyprus annual report for the real estate market. The total value of transactions reached EUR 5.5
It is often that we are informed through the media or otherwise, of Cyprus developers and sellers not being in a position to have the title deeds issued and thus transfers of
By Charalambos Pitros The ripple effect describes how property prices in one area influence those in others, as seen with London’s impact on the UK market, whereby changes in house prices in
As far as Cyprus is concerned, gated projects (including the installation of cameras internally and externally of the project) is a recent development which has come about by the increasing crime (thefts)
Various factors are involved in the decision to buy or rent an apartment in Cyprus, apart from financial, family reasons and the ability of at least maintaining the existing family income. Buy:
Cyprus’ top 50 real estate transactions last year yielded a combined €285.8 mln, according to data compiled by Ask Wire that also listed the ten most expensive property deals in 2023. The
Owning a home is fast becoming a nightmare for investors in Cyprus, especially young couples yearning for their first home, as the interest rate on housing loans has surged past the 5%
Developers focussed on meeting heightened housing demand The construction sector in Cyprus is being driven by a rising demand for apartments from both local and international buyers, according to developers who
