Archive for the 'Property price' Category

Cypriot property closing the gap

The Times has stated that overseas property investors could stand to benefit from growth in the Cypriot housing market as the property prices in Cyprus are rapidly catching up with established markets.
Cyprus house prices started at around £77,000 and the house prices went up by an “impressive” amount last year. The prices are approaching those […]

Popularity: 32% [?]

Island of Aphrodite lures Russian investors

St. Petersburg times have reported that Business City Guyot, a company in St. Petersburg that operates the four-star boutique hotel Guyot in collaboration with Leptos Group, the largest construction company in Cyprus and the General Consulate of Cyprus, will sell residential real estate in Cyprus.

Valery Zizenberg, president of Guyot has said that recently they have […]

Popularity: 41% [?]

North Cyprus set for property boom with reunification talks

Turkish Cypriot President Mehmet Ali Talat said at a meeting of the Center for Eurasian Strategic Studies (ASAM), that talks of reunification of the Mediterranean island of Cyprus will continue in June. He confirmed that preliminary talks between the representatives of both sides are in progress.
This significant reunification talks between the leaders of the Greek […]

Popularity: 62% [?]

Cyprus apartments cheapest in Europe

Properties investors are attracted to Cyprus as Apartments in Cyprus are among the cheapest in Europe and prices are on the rise while those who have already invested in properties reaping the rewards of inflation in house prices.
The Global Property Guide assessment of apartment prices in just about 50 cities in Europe, and revealed that […]

Popularity: 33% [?]

Low interest rates benefits overseas investors

Cyprus adopted euro On January 1st 2008 and joined the rest of Euroland almost 4 years after its accession to the European Union. Telegraph has reported that Cyprus interest rate of just 4% has triggered the number property investors looking to capitalize on the low interest rate.
Cyprus has lifted most capital restrictions and lowered interest […]

Popularity: 33% [?]

Predicted 35% property price rise in Cyprus

Real estate experts have predicted that property prices may increase to 35 percent over the next 12 months in Cyprus due EU accession and adoption of euro. But as prices are still lower in real terms when comparing to other European countries, Cyprus property provides low-risk investment for different types of investors and is still […]

Popularity: 46% [?]