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Wednesday 16th June 2021
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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...

Managing toxic loans outside the banking system

Terms like "non-performing loans", "foreclosures", "loan sales" entered our lives in the last decade as a result of the global financial crisis, as well...

Cyprus Real Estate Market Report

Deloitte has just released its Cyprus Real Estate Market Report, which provides an overview and sentiment of the real estate market in Cyprus. The report...

Property sales figures can lie

When the Department of Lands and Surveys released data on sales contracts for January, it struck me the numbers and percentages were presented without...

Do not tamper with the foreclosure law

Cyprus Central Bank governor Constantinos Herodotou on Friday warned MPs against tampering with the foreclosure law which could lead to further delays in banks...

Mistakes parents make transferring property

The wealth of most Cypriots (those who still have some) is mainly made up of immovable properties and cash. So, when it’s time for them...

Construction sector feeling the squeeze

Following the demise of Cyprus "golden passports" scheme compounded by coronavirus the construction industry is suffering but has options. The sector is relying on housing...

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