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Sunday 19th September 2021
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As Cyprus changes so do properties

Large companies and high-net-worth individuals who purchase houses and apartments either to resell or rent them to third parties currently make up 20% of...

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...

Why construction cost skyrocketed & what’s next?

The construction cost in Cyprus has increased abnormally. The recent hike in diesel price has worsened the situation, as the price has a domino...

Cyprus first-time home buyers’ market

LionGlobal reports that the pandemic and the abolition of the Cyprus Investment Programme may have caused a crack in the Cypriot real estate market...

Living in a Cyprus kleptocracy

Soon after the report on the 'citizenship by investment' scheme, fellow economist George Koumoullis convincingly made the case that Cyprus is a kleptocracy –...

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...

Cyprus real estate market review

PwC Cyprus 'Cyprus Real Estate Market – Year in Review 2020' provides insights into the behaviour of the Cyprus economy in general and presents...

Rethinking the value and cost of real estate

This article doesn't concern itself with the etymology of the cost, price, value and worth of real estate; it focuses on the mess these...

Buying properties from banks or investment funds

After 2015, many properties passed into bank ownership, mainly through debt-to-asset swaps or foreclosures. Subsequently, some were acquired by credit acquiring companies, and, in the...

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