Innovation should be given a platform
We live in an era of innovation and many governmental institutions, organisations and private companies try to promote innovative products and services. These include selling...
real estate
Ustel: Greek Cypriot lobby launching attacks on north’s real estate market
Turkish Cypriot ‘prime minister’ Unal Ustel said on Wednesday the Greek Cypriot lobby have been “launching attacks” on the north’s real estate market. “I have...
Planting trees in your garden
Our island is in need of a lot more green. The Ministry of Agriculture is encouraging tree planting, as are charity organisations and others. A...
The indifference of authorities
There is a strong indifference exhibited by both authorities of the state and professional associations in the real estate sector. It is rare for the...
Tax evasion in real estate
Lack of controls by authorities enables illegalities The system of taxation of real estate seems to leave enough room for exploitation and tax avoidance,...
Cyprus rental costs on the rise across all property types
Cyprus’ rental prices across all property types experienced a rise during the second quarter of the year, according to a report released on Thursday by...
Education for real estate agents
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...
Paphos property market contracts — new houses more compelling than used ones?
The Paphos real estate market experienced a slight decline of 17 per cent in the value of property transactions during the second quarter of 2023,...
Cyprus property market feels impact of high interest rates and construction costs
The value of properties sold in Cyprus during the second quarter of 2023 reached €1.52 billion, with the market showing signs of being impacted by...
Kedipes repays €1 billion to state — concerns about foreclosures persist
State-owned Cyprus asset management company Kedipes has repaid €1 billion to the state for the aid it received, since its inception nearly five years ago,...
