Real estate specialists are not optimistic over the sector’s outlook as property sales are struggling compared to pre-COVID-19 levels. Property sales in Cyprus dropped by 17% across the island in the first
Homes that are 20-40 years old might need improvements to meet today’s living standards, especially those built to the owner’s specifications and likes. This is particularly important if you plan to sell
From our experience, the value of any property – and ultimately the return on investment – is proportional to the amount of attention it will receive and the management practices that you
By Alex Michael The term PropTech refers to any kind of technology that can improve the way people search, find, buy, sell, and manage properties. The use of technology in the Real
Cyprus’ macroeconomic performance throughout 2021 will remain under pressure, with downward annual variations in several indicators influenced by the ongoing pandemic. However, when the health side improves, so will the economy, both
Nicosia is keeping the real estate market alive with high demand for office space from foreign high-tech companies looking to be based in the capital expected to revive a sluggish property sector.
A report by international auditors and advisory PwC regarding Cyprus’ prevailing real estate market is worth studying. It reports on the reduction of real estate demand, something which I expect will get
By Andreas Anastasiades Limassol continues to be the most important real estate market in Cyprus, and all available information supports this: sales, rentals, and prices. Contrary to popular opinion, the Limassol real
The total value of Cyprus real estate transactions in 2020 reached €3 bln, recording a drop of 32% compared to 2019, with Paphos feeling the worst of it while Nicosia was more
This article doesn’t concern itself with the etymology of cost, price, value and worth; it focuses on the mess these terms are causing to the banking system. In everyday language, cost, price,
