With the constant demand for residential units, the rental situation has been a concern for some time, to the extent that it affects the Cypriot market, especially middle to lower-income groups. The
Since 1980 we have been writing about issues concerning the construction industry, and in our approximately 1,500 English articles, we tackled the problems expressing our suggestions for their correction. In recent months,
Greek Cypriot students studying in Nicosia are resorting to renting apartments in the Turkish-occupied north, as they can’t afford accommodation in the capital, claimed an MP. At the House Education Committee, centrist
Across Cyprus in Q2, quarterly property sale values rose 2.9% for apartments, 0.5% for houses and 0.1% for offices, and decreased by 0.3% for retail, and 0.2% for warehouses, according to the
There is a good initiative by the Cyprus Land Development Corporation (CLDC) to offer residential properties for rent at affordable levels. The announcement by this public organisation and others (i.e., Limassol Municipality)
Eurostat recently published interesting statistics concerning the rents of housing units in capitals of European countries where Cyprus rents are reasonable. 2021 CURRENT MARKET RENTS Average rent per month given in the
There is a lot of public discussion on renting office buildings from the private sector for the government. On the one hand, some say rents of offices from the market are not
There is a Catch-22 when seeking high-paid jobs, especially in Limassol, where exorbitant rents are a turn-off. This results in people having second thoughts when considering a career move to the fast-paced
Cyprus and Greece are the only two EU countries where the cost of renting a flat or a house has decreased over the past decade, according to the latest data released by
Authorities are calling on landlords to temporarily lower rents as the House of Representatives on Friday adopted legislation giving tax incentives to property owners to reduce their rent. A government bill passed
