Cyprus Property News for home buyers & real estate investors in Cyprus

3rd December 2021
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Small drop in non-performing loans

Although non-performing loans had fallen by €180 million at the end of January compared to the previous month, as a percentage of total loans the figure remained the same at 47.2 per cent.

Stress test scenarios do not bode well

Residential property prices will fall by 4.0 percent in 2014, while real estate prices in general are predicted to go down by 11.9 percent under the EBA's pan-European stress test scenarios.

Housing loan rates down, business loan rates up

Although housing loan interest rates continued to fall in December, business loan rates increased reversing an earlier downward trend according to the latest statistics from the Cyprus Central Bank.

Price falls loom in wake of bailout

In the wake of the island's financial bailout, property prices in Cyprus are anticipated to fall according to the chairman of the Property Valuers Association which has temporarily suspended work.

PIMCO’s property price assumptions rejected

Assumptions made by PIMCO that property prices will decline by a further 30 to 40 per cent this year have been rejected by the Cyprus Association of Valuers and Property Consultants.

Cyprus house prices predicted to fall further this year

House prices in Cyprus registered one of the largest falls in European countries according to the latest edition RICS European Housing Review and prices are predicted to fall further in 2012.

Property sales will continue to fall

When asked the question will the volume property sales increase or decrease this year, more than eighty percent of readers said they will fall.

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