Cyprus Property News magazine for overseas buyers & real estate investors

Sunday, May 31, 2020

Pavlos Loizou MRICS VRS

The world has turned upside down

The country makes its living from tourism and financial services but, with banking being six to eight times the country's GDP, there are systemic risks given the size of domestically owned banks and their exposure to Greece.

With value gone out the window, liquidity is the key

Although the Central Bank's Property Price Index shows a fall in residential property prices of 8.3 percent over the past two years, anecdotal evidence suggests that the decrease is at least double this figure.

Limassol property market doesn’t depend on Russians

The number of real estate transactions for December 2011 was announced this week. Once again, they fell compared with the same month last year (-7%) and 2011 'ended' with an 18% reduction in transaction volume compared with 2010.

The Greek haircut and the Cyprus real estate market

With the share price of one of the banks in Cyprus having fallen to a 12 year low, the repercussions of the 50 percent haircut on Greek bonds and now the possibility of Greece defaulting are devastating - and the Cypriot real estate sector is part of the problem.

Prices & valuations what is your house worth?

Why is my neighbour's house better than mine, but my house is more expensive than his? This article examines the concepts and differences between the price of a house, its value and its worth.

TOP AUTHORS

1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
89 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
2 POSTS0 COMMENTS
5 POSTS0 COMMENTS
1 POSTS0 COMMENTS
13 POSTS0 COMMENTS
34 POSTS0 COMMENTS
6 POSTS0 COMMENTS
9 POSTS0 COMMENTS
14 POSTS0 COMMENTS
2 POSTS0 COMMENTS
75 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
25 POSTS0 COMMENTS
4 POSTS0 COMMENTS
1 POSTS0 COMMENTS
3 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
6 POSTS0 COMMENTS
25 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
442 POSTS0 COMMENTS
64 POSTS0 COMMENTS
1 POSTS0 COMMENTS
13 POSTS0 COMMENTS
1 POSTS0 COMMENTS
3 POSTS0 COMMENTS
1 POSTS0 COMMENTS
7 POSTS0 COMMENTS
6 POSTS0 COMMENTS
73 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
7 POSTS0 COMMENTS
8 POSTS0 COMMENTS
32 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
13 POSTS0 COMMENTS
1 POSTS0 COMMENTS
3 POSTS0 COMMENTS
1 POSTS0 COMMENTS
5 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
18 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
0 POSTS0 COMMENTS
3 POSTS0 COMMENTS
16 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
13 POSTS0 COMMENTS
38 POSTS0 COMMENTS
4 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
4 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
71 POSTS0 COMMENTS
22 POSTS0 COMMENTS
2 POSTS0 COMMENTS
34 POSTS0 COMMENTS
4 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS
1 POSTS0 COMMENTS
2 POSTS0 COMMENTS
1 POSTS0 COMMENTS

Most Read

Property sales collapse hits all markets

The historic collapse of 80 per cent in property sales in April hit the local and overseas market segments according to statistics from the Department of Lands & Surveys.

Historic collapse of property sales

Property sales in Cyprus have collapsed as a result of the coronavirus pandemic to a level only seen once before when the events of March 2013 made Cyprus a household name around the world.

Building permits maintaining strong growth

The number of building permits authorised in Cyprus during February 2020 provided for the construction of 680 new homes; an increase of 18 per cent compared to February 2019 according to official figures.

Cyprus passport programme under fire again

The Cyprus citizenship by investment programme, which enables well-heeled foreigners to obtain an EU passport for investments of at least €2 million, has come under fire again from the European Union.