President Nikos Christodoulides expressed satisfaction with the passage of a set of bills on foreclosures on Friday, underscoring a commitment to expedite proceedings addressing risks to the country’s economy from non-performing exposures.
The Finance Ministry has painted a sombre picture for the local real estate sector should the crisis in the Middle East be prolonged, contrary to the outlook issued by the Central Bank,
Hakan Fidan, Turkey’s vice president overseeing Cyprus affairs, has reignited apprehensions of potential money laundering by questionable foreign investors amid the flourishing real estate boom in the occupied north. Talking before the
Cyprus’ real estate market is not showing any signs of slowing down, fueled by foreign buyers, as 2023 is close to becoming the best year since 2008 when a global property crisis
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations displaying promising growth and recovery. However, beneath the surface of these top-line numbers, underlying challenges and disparities
Foreign buyers still power Cyprus’ real estate sector, as coastal cities see an influx of demand generated from the growing trend of high-profile companies relocating to the island, reveals an EY survey.
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
The Cyprus real estate market recorded an upswing during the first quarter of 2023, with prices continuing to rise, particularly for flats, driven by increased demand. According to data published Tuesday by
The value of transactions in the real estate sector reached €1.52 bln in the second quarter of 2023, with the market bearing the impact of higher interest rates, inflation and increased construction
By analysing the total number of sales contracts deposited in the Land Registry Office during the first five months of each year, it becomes evident the Cyprus real estate market is experiencing
