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How to avoid buying into a bubble

It is very important how to work out what a property is actually worth, from a fundamental perspective. The Global Property Guide has written this article to help ensure you’re not over-paying!

Housing loans highest in euro area

According to the European Central Bank, Cypriot banks charge the highest interest rates for housing loans in the euro area. The gap between the average housing loan in Cyprus and that of other countries in the euro area is 239 base points.

Developers hope for 2010 recovery

Property developers are optimistic that the real estate sector will recover from the economic crisis in 2010, provided the necessary measures are taken by the government.

Property market recovery in 2012?

More than 60 percent of those who voted in a recent mini-poll conducted by the Cyprus Property Magazine believe that the property market will not recover until 2012 or later

Limassol marina runs aground

Plans for the new Limassol marina have run aground according to the town’s mayor Andreas Christou. It seems that the project, which is expected to cost around €170 million, is having difficulty raising the necessary funding.

Cyprus marina developments stalled by bureaucracy

Although more than 20 years have passed since initial studies into the five big marina projects in Cyprus were undertaken, work on their construction has yet to begin.

Review of global property trends in 2008

The collapse of the world’s housing markets in 2008 can be seen from three points of view, and unfortunately, all of them reinforce the bad news.

Plans for Cyprus tennis academy

An effort will be made to create an international tennis academy in Cyprus in line with the standards of other similar schools abroad.

Dolphin hits out at cancellation rumours

Dolphin has denied reports saying that some of its developments in Greece & Cyprus could be put on hold until the economic downturn ends.

EU questions Cyprus over property issues

The European Commission has given its assurance that it will take the necessary measures if Cyprus has infringed EU law.

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