real estate Archives - Page 6 of 13

Real estate ownership balance shifting

Cyprus Central Bank’s recent financial stability report included some interesting data about the loans and properties that passed into the ownership of Credit Acquiring Companies (CΑCs), shedding a little more light on

13th August 2022

Comment/Property

Limassol leads real estate transactions

Limassol’s development as a business hub and a destination for international technology companies has kept its real estate sector alive after the demise of the golden passport scheme in late 2020. The

11th August 2022

Cyprus/Property

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

Russian, Ukraine investors push up real estate demand

Cyprus’ drive to attract high-tech companies, combined with increased interest from firms to relocate, moving from geopolitically unstable regions, is expected to boost demand for real estate. According to the Central Bank

4th July 2022

Cyprus/Property

Services, real estate bite bullet from Russian sanctions

The economy is still counting its wounds from the war in Ukraine and EU sanctions imposed on Russia, leaving auditors, accountants and real estate agents assessing the extent of the damage. Tougher

11th June 2022

Business

Russian sanctions impact real estate market

A journalist from Reuters called our office asking why Cyprus has no strong reaction to the EU sanctions proposed on Russians or Russian companies, banning the purchase of real estate in member

11th June 2022

Comment/Property

Mini boom in real estate buys

Cyprus’ real estate market is experiencing a mini-boom as Cypriots rush to buy property before an increase in building costs takes its toll on the market, and insecurity from the Ukraine war

8th June 2022

Cyprus/Property

British Bases deal triggers real estate prospects

Cypriots owning land in non-military areas inside the British Bases can sell or develop their property, following a milestone agreement between Cyprus and the UK. The British Bases are lifting restrictions on

15th May 2022

Cyprus/Property

Uncertainty real estate sector can stay buoyant

Real estate stakeholders are concerned over the immediate prospects of the construction sector and warn against being duped by an upward trend in property sales, as the war in Ukraine will harm

5th May 2022

Cyprus/Property

Pitfalls of sharing real estate

For the local population, it has been normal and acceptable over decades, if not centuries, to own a stake or part of a freehold property mainly through inheritance; thus, the parents’ share

1st May 2022

Comment/Property