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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

  • 29 August 2019 Cyprus real estate market review 2018

    In its annual Cyprus real estate market review, PwC reports that the... read more

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

  • 29 August 2019 Cyprus real estate market review 2018

    In its annual Cyprus real estate market review, PwC reports that the... read more

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... 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