Cyprus Property News for home buyers and real estate investors

Sunday 19th September 2021
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Editorial

Banking sector challenges lie ahead

The banking sector faces multiple challenges ranging from the large percentage of non-performing loans (NPLs) to climate change; despite progress made, speakers told the...

Fitch warns of threats to Cyprus banks’ balance sheets

Fitch rating agency reaffirmed Cypriot banks' negative outlook noting the general environment poses threats to their balance sheets. In a report on the Cyprus banks,...

Real estate outlook gloomy, Nicosia bucks trend

Real estate specialists are not optimistic over the sector's outlook, as property sales are struggling compared to pre-COVID-19 levels. Property sales in Cyprus dropped by...

New loans for homes reach record high

Net new loans for house purchasing rose to €114 million in June, reaching a new all-time monthly record since December 2014, when the Central...

Cyprus property market to continue to recover

Cyprus has long been a popular holiday destination. Many of us have relied on this fact for our financial stability, making money off tourism...

Price of houses stable, property rentals drop

Cyprus real estate prices & rentals recorded quarter-on-quarter drops across most property categories, but the value of houses remained stable, according to consultancy firm...

Golden passports inquiry’s report published

Cyprus' Law Office has released the final report of the Inquiry Committee probe into the issuing of passports under the citizenship for investment scheme...

Cypriots believe their country most corrupt in EU

More Cypriots believe that corruption has increased in their country over the past year than their fellow European citizens. According to Transparency International's Global Corruption...

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