The 2023 tourist season is set to surpass the record-breaking year of 2019 in terms of the number of foreign tourists. The numbers have been confirmed by the arrivals at our airports, ...
Upgrading our hotels, restaurants, leisure centres, the quality of service and so on brings good results, but the cost is very high, especially for Cypriot budgets.
The two flagships of ...
There has been an increased interest in the mountain areas, especially those in the Troodos region, and the market is thriving.
The relatively recent purchase of Petit Palais Hotel, the ...
The environment is not being taken seriously by individuals or by the competent authorities when it comes to building developments.
Of course, there has been considerable progress in the last ...
Sales staff in real estate do not seem to want to educate themselves and become professionals of the level that is desirable. There are something like 400 registered estate agents around, ...
Something is changing in Larnaca, with many projects going on the public and the private sectors.
There is the ongoing fixing up of the old city, extending from the coastline ...
Cyprus has a problematic legal system through which it takes a very long time to secure a court decision, with the end result being that those in the wrong get ...
The national health system, introduced approximately four years ago, is costing the Republic of Cyprus and its people several billion a year. The compensation paid to doctors and other participants ...
I have studied the proposal of the new government for how foreigners, from outside the EU, can become permanent residents and I’m trying to understand its purpose. Is the ...
Cyprus has various problems when it comes to carrying out projects, such as the unforgivable bureaucracy. In recent years there has been another big issue in the execution of public ...
Buyers often complain about the inability to transfer units, either due to illegalities or due to titles not being issued, but on the other hand buyers themselves may not attend ...
There is an evident keen interest in installing photovoltaics on roofs or elsewhere, and based on the government subsidy programme, photovoltaic systems operate by offsetting the electricity produced and consumed.
...
At the end of last year Eurostat published comparative rents, with our own contribution, for apartments and houses in the capitals of various countries in Europe.
The following refers to ...
Looking at many advertisements for the sale of real estate, one wonders if the managers, owners or investors involved with these properties have the ability to dispose of them in ...
The inflation rate in Cyprus is declining, but is still high [at 6.7 per cent in February 2023]. Interest rates are very low, 1.29 per cent for household deposits and 1.27 per cent for ...
Cyprus is a land full of history, beautiful beaches, about 350 days of sunshine, a most satisfying Mediterranean cuisine, captivating natural mountain and beach areas and is an EU member.
It ...
Last week I wrote the first of a two article series on information one should know before purchasing a property. It can be a tricky process and there are many ...
Purchasing an immovable property is a process which requires careful handling by the purchaser, in order to avoid any unpleasant situations. Here is some basic information one should know before ...
Organised retirement communities have long been established in America and then in Europe. We are seeing a trend in construction of such complexes, such as in Spain, which should be ...
As a new president takes up the post, I submit some suggestions that would improve the real estate and construction industry.
The adoption of deputy ministers by the previous government ...
One wonders what will be in store for us regarding real estate’s future as we get a new president. Based on what the candidates have announced so far, we ...
The former Minister of the Environment of Ireland, Alan Kelly, told developers to build accommodation that was affordable for Ireland’s citizens, adding that they should “get real”.
Kelly realised ...
People often seek advice on office spaces and how much of a role the office space plays in terms of attracting business.
There are some basic requirements that are important ...