Property in Cyprus 
недвижимость на кипре
CN

Home   >  News

You are not logged in. Log in / Register

Cyprus Property News

Cyprus property news.

We give sharp, insightful comments on issues affecting the Cypriot property market. No nonsense reflection of current events and market trends as well as news on property tax and general legalization changes in Cyprus.

Cyprus lifestyle news.

With everything from the status of road work in Paphos to the opening of new shops and general economic news – you will find Cyprus lifestyle news a good read.

Our twitter page.

When it comes to social media we really do prefer twitter. We try to make our tweets not just a list of what we have for sale, but more a reflection of Cyprus life with a fun and sometimes ironic twist. FOLLOW US NOW!

Keep up to DateRegister Today

Cyprus Property News

Cyprus property analysis by PWC confirms positive market.

Date: 12/12/18

International accounting and auditing firm Price Waterhouse Coopers have produced a thorough report on the Cypriot property market that confirms a broadly positive first 6 months of 2018.



One of the major contributing factors for the strong market is the Cypriot Government’s Citizenship-by-investment scheme that proves to be a strong catalyst for multi-million Euro transactions, allowing participants and their families to apply for Cypriot (E.U.) passports.


Away from the selling of high-rise luxury flats in Limassol the general market of resale properties has also benefited from investment clients, as good properties with title deeds are proving to be highly desirable to a large base of potential buyers. Resale market continues to follow straightforward rules of strong demand for good quality and desirable locations; while properties that are overpriced or with any faults still do not sell. Talk of huge price increases are quite literally an urban myth. However, price drops have all but stopped, especially for properties in and around our Paphos office on Tombs of the Kings avenue. The strongest demand is currently noted for one-bedroom apartments in good quality projects. The downwards price trend for such properties has been noticeably reversed.


At Cyprus Resales we have a very diverse client base with buyers coming from all over the world. In what is a volatile market we are more able to give a property the widest possible exposure. Sellers who rely on one-dimensional agents with a single source of international clients could find themselves without a buyer. So, why take a risk and waste valuable time? Employ Cyprus Resales and get your property sold in shortest time and at the best price.


We at Cyprus Resales support the positive outlook of PWC on the property market and support their opinion that the market bottom has indeed passed. Now is the opportune time to buy a quality resale. If you are interested in more details, the full report by PWC can be read here: PWC analysis

<< Back to News
 
 
Get in touch Close

Innovative mobile solutions for your Smartphone

phones
Innovative mobile solutions for your Smartphone

iPhone / Ipad
Simply tap the + icon at the bottom of your screen then 'Add to Home Screen'

Android
Install the app by clicking here. You will then be able to access the application from your application screen.
Get in touch Close
7, Tombs Of the Kings Ave,
Paphos, Cyprus

+357 26102242

info@cyprusresaleproperties.com