All reports tagged with: "cyprus property market"
Key findings form a real estate conference to discuss the state of the Cyprus property market recently hosted by RICS (Cyprus) at which the management of REOs and NPLs were also discussed.
The recovery in the Cyprus property market is being driven by foreign purchasers and is expected to gradually push up prices according to the Chairman of the Cyprus Real Estate Agents Association.
Up to 50,000 housing units in Cyprus have remained unsold for a considerable time based on the difference between the number of building permits authorised and contracts of sale deposited at Land Registry offices.
Ernst & Young Cyprus Ltd (EY) has published the first edition of its Real Estate Dynamics Report, which contains an analysis of recent developments in the Cyprus construction and real estate sectors.
Pundits in the real estate sector expect that property prices will continue to fall in 2015 but believe that interest from overseas buyers will continue due to incentives introduced by the government.
The Cyprus Economic Intelligence (CEI), which provides a centralised databank that collects, analyses and displays information on the island’s property market, has been launched.
With the year coming to an end, we look back at the most significant events that have taken place over the past twelve months that have helped shape the Cyprus property market.
The sale of the Venus Rock Golf Resort to a Hong Kong based conglomerate of international investors has been announced in a press release issued by Dolphin Capital Investors Limited.
The Island’s once booming property market “remains a risk area with weak demand and unclear growth prospects” according to Moody’s, the international ratings agency.