All reports tagged with: "cyprus real estate"
Cyprus real estate market review 2018
In its annual Cyprus real estate market review, PwC reports that the transaction value of the residential property sector reached €3.1 billion, which accounted for 73 per cent of the market total.
Call for action over sky-high rents
As rents in Cyprus reach new heights with every passing month, pressure is building on the government to take affirmative action to ensure affordable accommodation for working families.
Cyprus real estate investment: prospects & risks
The figures, trends and the state of the Cyprus real estate market over the last few years are a clear indication that Cyprus is becoming more and more interesting for property investors.
Cyprus real estate sector looking up
Cyprus’ real estate sector is continuing to thrive, building on the upward trend of previous years, with experts confident that sales transactions for 2018 will peak at an eight-year high.
REMU debt to asset swaps increasing
Increasing numbers of properties in Cyprus including homes, hotels and golf courses are being transferred to the Bank of Cyprus Real Estate Management Unit (REMU) by debt to asset swaps.
High-end Cyprus property sales boom
PwC Cyprus reports that 260 high-end properties in Cyprus (in excess of €1.5 million) were sold during 2017, which contributed to the wider recovery of the real estate industry and the rise in prices for the first time in several years.
Russian and Arab investors developing land
Russian and Arab investors are buying and developing land in Cyprus with Limassol being their first option according to Marinos Kynegirou, the Chairman of the Cyprus Real Estate Agents Association.
Golden Visa Program raises €4 billion
The Cyprus Golden Visa Program, which enables non-EU citizens to purchase Cypriot passports and residency permits by investing money in property and other sectors, has raised €4 billion.
Cyprus real estate market report 2016
In its 2016 annual review Resolute Asset Management reports that the Cyprus real estate market is gradually becoming more active partly due to improving local and international economic conditions.
Banking and real estate intertwined
The banking and real estate sectors in Cyprus are intertwined and the restoration of the health of the banking system is a vital necessity for the sustainable recovery of the real estate market.
