Recent press reports referred to a British buyer who acquired a house from a developer, the developer claimed the buyer did not follow the payment terms and proceeded to unilaterally cancel the
This is not wishful thinking, but with the prevailing changes in Government, we hope that real estate matters will be better treated with increased care and attention. If we were in charge,
Any social or cultural event that takes place in Cyprus attracts with it benefits for the town/location where it is organised. This is especially important for the seaside towns which attract a
As property sales slow in Cyprus’ residential sector, buy-for-rent is breathing new life into the real estate market as it is now proving very attractive for investors. Danos’ CYPRUS PROPERTY MARKET 2019
It is a fact that there is a shortage of suitable housing units to let as a result of which rental levels have increased over the last couple of years by 20%-30%
The Department of Lands & Surveys is the recipient of a lot of information regarding sales and other matters relating to real estate. Since the publication of the basic statistics a few
By Antonis Loizou There are numerous high-quality homes around Cyprus for around €1.5-€5 mln (plus), whose main interest comes from the foreign market since by local standards this is a considerable amount
Momentum in the Cyprus real estate market will continue to grow fostered by renewed local and foreign investment recorded, President Nicos Anastasiades said. Addressing a ceremony for the 2019 State Architecture Awards,
Cyprus’ Residential Property Price Index recorded an increase of 0.5% in the second quarter of 2019, compared to the previous quarter and an increase of 2.8% annually. According to data released by
By Panos Danos The conclusion of 2019 is that the real estate market is changing faster than ever and requires constant innovation, updating and transformation. The positive trend will continue in the
