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Cyprus Real Estate, News and Property Market ReviewsUpdates and reviews for Cyprus real estate investors and property agents. |
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Cyprus.. a beautiful island with year round sun, stunning beaches, mountain peaks and a wealth of culture. The Cyprus properties and real estate blog is a resource center for property investors and real estate professionals. You will find a wealth of information on topics including property selling, buying, rentals, real estate agents, investment properties, off-plan, Cyprus housing, mortgages / home loans, land, relocating, market trends, latest real estate news and reviews. Find property buy and sale information for all of Cyprus including Pafos (Paphos), Larnaca, Limassol, Paralimni, Ayia Napa and Protaras. |
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Despite going through a chaotic few years which has seen prices fall by as much as 40 per cent in some regions, the appeal of Cypriot properties is unlikely to fade for many Brits. However, Property prices and rents across the major urban areas of Cyprus continued to fall during the second quarter of 2011. [...]
The existing stock of new properties in the markets of Paphos, Larnaca and the Famagusta/Paralimni area will remain unsold in the near future as the market is oversupplied, it has been claimed. Pavlos Loizou, the lead consultant of Leaf research said that the new properties were built for “buy-to-flip” investors and is unsuitable for permanent [...]
The Central Bank of Cyprus’ latest Residential Property Price Indices stated that there is fall in residential property prices for six consecutive quarters. The fall could have been even worse if the banks had pressed developers to service their loans by reducing new property prices still further to encourage sales. However, the banks are not [...]