Expert economist and financial analyst Les Mansion recently highlighted Cyprus’ youth unemployment rate of 16 per cent. He noted the challenges of getting on the property ladder; a tax system that …
Cyprus sees decrease in loans and deposits in January 2024
Both total loans and deposits in Cyprus witnessed a net decrease in January 2024, according to a report released on Tuesday by the Central Bank of Cyprus (CBC).According to the report, total loans saw …
Cyprus sees decrease in loans and deposits in January 2024
Both total loans and deposits in Cyprus witnessed a net decrease in January 2024, according to a report released on Tuesday by the Central Bank of Cyprus (CBC).According to the report, total loans saw …
Exploring the Real Estate Landscape: North Cyprus Unveiled
According to recent data, the country’s GDP has experienced consistent growth, creating a favorable environment for property investment. The government of North Cyprus has implemented various …
Cyprus yields exceeding most of EU
Property investment yields hit by 7% in Cyprus in 2023, exceeding Greece (4%), Italy (3%) and France (2%). Yields are only higher in the Republic of Ireland (8.5%). Cyprus’ largest development group, …
Cyprus’ ten most expensive property sales in January 2024
Cypriot real estate market analytics firm Ask Wire on Friday released a report on the ten most expensive property transactions completed in Cyprus during January 2024. The report also provided …
2024: A bad year for Cyprus?
One should not get married or buy anything significant this year!’ Will weddings and property really be cursed in the next 12 months, asks ALIX NORMAN Did you know that 2024 is bissextile? Sounds …
Reflections on acquisition of immovable property in Cyprus by third country nationals
Acquiring immovable property is an important decision as well as stressful. Acquiring immovable property in Cyprus is no exception to that whether the buyer is an EU national or a third country …
Desperate need for tax reform in Cyprus
In reforming the Cyprus tax system basic conditions of adequacy, fairness, and its effective and uncomplicated administration should be metWhile the Cyprus government is repeatedly advertising the …
Limassol topped the Cyprus property market in January
The top ten property sales across the island during January amounted to €14.3 million, with the most expensive transaction involving land and a building in Potamos Germasogeias, Limassol, which …