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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

After May will come the recovery of the property market

 Nicosia: After May will start to record gradual recovery of the housing market and increased interest from both domestic market and foreign investors and buyers, estimates the Pancyprian Association of Business Land Developers. The Association believes that the situation in the property market after the strongly negative image presented by the first months after the Eurogroup, «show signs of stabilization." the first two months of 2014 was clearly better than several months of 2013, both in total property sales, and sales to foreigners accordance with the Association, who notes that during 2013, in very difficult conditions, the property market has managed to bring in the Cypriot economy new funds from outside the range of the half billion. As mentioned, the presentation of data property sales in the first two months of 2014 and especially the comparison is attempted with the corresponding period of 2013, can lead to "hasty and erroneous conclusions and estimates of the trend and the market outlook." This unprecedented situation created in Cyprus economy after the shock of last March, makes problematic any attempt to compare supplicating with completely different period preceding the Eurogroup, stated in the notice. attempting Those estimates and analyzes the prospects of property market, should take serious account of the complete lack of liquidity and the weakness of the banking sector to finance the purchase by providing mortgage and other restrictions still apply to the movement of capital, the announcement concludes. Source: CNA / Philenews - See more at: http://www.philenews.com/el-gr/oikonomia-kypros/146/190010/meta-to-maio-tha-erthei-i-anakampsi-tis-agoras-akiniton#sthash.r1chAe1K.dpuf