The taxpayer pays for provident fund gambling
Notwithstanding my 42 years operating in the real estate market of this country, I’m still learning from the wrongdoings and sick mentality that ...
As the value of modern apartments has been increasing on the whole, there has been increased interest in the older units.
If older apartments and buildings are maintained at an ...
We have studied the announcement by the small shopkeepers association (Povek) warning the state not to reduce the subsidies being paid to shopkeepers. The union declared that approximately 20-25 per ...
In an interview on the radio, the Limassol mayor announced an initiative of the municipality to get involved in the construction of over 600 housing units in order to help alleviate ...
We recently wrote an article about the need for quality retirement homes with all necessary facilities based on the American model. We talked about how family ties are not what ...
In the past we have talked about real estate and celebrities and having a celebrity’s name attached to a certain project can affect property prices.
The same applies to ...
As the values of residential properties are recovering and older properties have become quite competitive by comparison to new units, it could be time to consider upgrading residential units. People ...
There are so many developments in the works on the island that in a few years there will be numerous options to keep those living here happy and busy.
Here ...
During holiday seasons, and especially the summer period, a lot of people go on holiday for a long period of time, with whole neighbourhoods practically being empty. For this reason ...
This democracy of ours is still discussing what to do with the Akamas park (which mainly comprises governmental land, as well as some privately owned plots) without any solution in ...
Each country has its own regulations regarding real estate agencies. In Cyprus the Real Estate Agents Law, but when people come from abroad, they have their own country’s system ...
Like many other things, our living situations are changing and this affects accommodation.
Young people or couples, if able to buy, start off with the acquisition of a one or ...
It appears that there has been an increase in the rate at which title deeds are being issued. Be it with some years delay (approximately 4-7 years after completion) titles ...
The Deputy Ministry of Tourism talks about upgrading the quality of our tourism product, the local hotels and recreational places, both in terms of the buildings and facilities and the ...
Buying property in Cyprus is not difficult due to the abundance of supply, however, selling your own property may be more difficult since you will have to compete against the ...
People may not realise how much money there is involved in the renting out of sunbeds and umbrellas on beaches but, depending on the quality and size of the beach, ...
Increasing building costs, limited availabity of suitable housing units in central town areas, the burden of VAT, the lack of titles for new units, among others has turned housing demand ...
As the building industry grows, especially for residential properties, both houses and apartment buildings, the ability to quietly cohabitate becomes more and more important.
Regrettably, there are no building regulations ...
Notwithstanding that we’ve been involved in the real estate business for the last 42 years, we are still learning from our mistakes and ommissions, as well as from the various ...
The Covid pandemic has had various negative economic, social and health effects, but it has led to locals getting to know Cyprus’ rural areas, especially the mountain areas and those ...
A recent report by international auditors PWC regarding the prevailing real estate market in Cyprus was of great interest. It looked at the reduction in real estate demand, which we ...
There has been discussion recently about the certificate of final approval (CFA) for someone to occupy a building or unit and whether such a thing is necessary.
It is quite ...
Following the abolition of the Cyprus citizenship by investment programme over the scandal of selling passports, attention has turned to the scheme for permanent residency visas. This had already existed ...
It was recently decided that the historic school of Phaneromeni is to be converted into an architecture school of the University of Cyprus. Some objected to this, but many including ...