News Cyprus Real estate: Divided Cyprus' new president scopes out peace talks reset
The new president of Cyprus has met informally with the leader of the breakaway Turkish Cypriots to test the waters on reviving stalemated talks to end the island’s ethnic division NICOSIA ...
News Cyprus Real estate: RICS Cyprus Property Price Index With KPMG In Cyprus Announces Results Of 2022 Q4
On behalf of KPMG in Cyprus, Christophoros Anayiotos, Head of Real Estate Industry Group, stated, “During the last quarter of 2022 the increasing trend in property values continued in most asset ...
News Cyprus Real estate: Strong Demand For High-End Properties, Limassol In The Lead
According to PwC’s Cyprus Real Estate Market publication for 2022, the demand for high-end real estate demonstrated strong signs of recovery, recording an annual increase in transactions of 36%, from ...
News Cyprus Real estate: Real estate investing in Larnaca
Property investment in Larnaca is booming and it is not surprising that investors are highly interested in the city given the variety of properties available for investment and large-scale development projects that are promising to modernize the city. Its Mediterranean climate and stress-free lifestyle, low crime rate, and most importantly,…
News Cyprus Real estate: Real estate sales generated €6 bln in 2022
Despite real estate sales in Cyprus reaching €5.85 billion in 2022, estate agents expect a challenging year ahead due to a number of factors.
News Cyprus Real estate: Looking Ahead To 2023: House Prices In Cyprus
International investors have an effect on the dynamics of property prices in both the residential and commercial real estate sectors. With the above in mind, let’s look ahead at each of these drivers ...
News Cyprus Real estate: Real estate predictions for 2023
What is in store for us regarding real estate in Cyprus? In 2022 we saw a positive trend with new sales rising by 35 per cent in deposited real estate sales contracts. At the same time it is worth noting the increase in foreign buyers by approximately 100 per cent…
News Cyprus Real estate: Cyprus property sales exceeded €5.5 billion in 2022
The Council for Registration of Real Estate Agents on Monday released a statement saying that the total value of all real estate sold in Cyprus in 2022 reached approximately €6 billion. "Amidst many challenges, the Cypriot real estate sector displayed resilience and momentum, which is reflected in the clearest way…
News Cyprus Real estate: Larnaca property sales hit €3bn in last 5 years
Property sales in the Larnaca district nearly reached €3 billion in value over the past five years, a report from independent real estate asset management and advisory firm WiRE has shown. The ...