Expensive properties are sold for millions of euros but are recorded as having zero value with the Land Registry, meaning the state is missing out on sizeable tax revenues, according to opposition
Annual fuel sales recorded an overall 7% decrease in February, with oil companies reporting sales of 107,779 tonnes of fuel, according to the Statistical Services. There was a decrease in oil supplies
Annual property sales in Cyprus were boosted, with Russian buyers still at the top of the list, despite sanctions on Moscow following the war in Ukraine. Talking at the 5th Property Show,
Ask WiRE, a company that combines Real Estate expertise with the use of technology, has developed a new innovative tool which analyses data in the real estate market. The model considers numerous
Thousands of borrowers have been stung by interest rate hikes as they see their monthly mortgage instalment increase by hundreds of euros, causing concern about the housing market. With indications the European
Annual real estate sales rose in the first two months of the year, boosted by the relocation of high-tech firms and their employees. According to the latest Land Registry data, sales documents
For 20.1% of Cyprus enterprises (19.7% in the EU), e-commerce sales reached at least 1% of their total turnover, which was 3 percentage points higher (+0.7 pp EU) than the previous year. According to
According to PwC’s in-depth analysis, the total value of Cyprus real estate transactions reached a record-high of €5.2 bln in 2022, recording an annual increase of 27%. In volume terms, properties transacted
Property sales worth €17 bln have been recorded by the Land Registry since 2018, with 2022 being the best year, according to the latest data. The value of the property sold between
Despite the property market generating €6 billion in sales in 2022, real estate agents expect a challenging 2023. Releasing its quarterly “Real Estate Market Bulletin”, the Cyprus Real Estate Registration Council said
