residential Archives - Financial Mirror

Residential property prices rose 6.6% in Q4 2022

Increased construction costs and demand led house prices to continue their upward trend during the fourth quarter of 2022, with the Residential Property Price Index (RPPI) up by 6.6% year-on-year. It compares to

8th June 2023

Cyprus/Property

Commercial, residential real estate moving in opposite directions

Real estate takes many forms, such as a place of business, for touristic purposes, and as a store of value, to name a few. It also impacts associated industries like building insurance,

14th May 2023

Columnists/Comment/Cyprus/Property

Residential property prices rise 2.1%

Construction costs and increased demand from foreign and Cypriot buyers contributed to the acceleration in house price increases during the third quarter of 2022. According to the Central Bank, the Residential Property

3rd February 2023

Cyprus/Property

Residential market powers ahead, commercial wobbles

Across Cyprus, quarterly sale values increased by 1.4% for apartments and 0.5% for houses and decreased by 0.5% for retail, 2% for warehouses and 0.3% for offices, according to the WiRE Property

10th February 2022

Cyprus/Property

Residential property demand on the rise

Residential property sales are on the rise, with Cyprus real estate stakeholders confident that an upward trend in demand and, consequently, prices recorded in 2021 will continue next year. Although short of

4th December 2021

Cyprus/Property

Residential property sales rising

Residential property sales have shot up by 38% in the first half of 2021 compared to the same period in coronavirus-stricken 2020. According to the Land Registry Office data, registered residential property

7th July 2021

Cyprus/Property

Home prices drop, boost from local demand and state schemes

Residential property prices dropped a marginal 0.2% in the fourth quarter of 2020, its second marginal consecutive quarterly reduction, with the government’s interest rate subsidy scheme offsetting the negative impact of the

29th April 2021

Cyprus/Property

Residential living with noise, pollution, bad smells

A recent decision in France’s High Court could have some relevance to Cyprus. In certain rural areas in France, holiday homeowners who suffer from noise pollution and pungent smells from farm animals

6th February 2021

Comment/Property

COVID19: Cyprus residential property prices decelerating

The Residential Property Price Index (RPPI) for the first quarter showed signs of slowing down due to the stricter criteria imposed on the Cyprus Investment Programme and uncertainty created by the coronavirus

19th August 2020

Business/Property