MARKET TRENDS

RICS Reports Further Falls In Cyprus Property Prices

The Royal Institution of Chartered Surveyors, Cyprus (RICS Cyprus) has released its quarterly Property Price Index (PPI), which tracks and assesses sale and rental prices of various property types ac [...]

BY Hari Swaminathan
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Jul 01 2014

Dramatic fall in Cyprus property prices

By: Nigel Howarth Over the past year residential house prices in Cyprus have fallen by 7.8 per cent while apartment prices have fallen 10.7 per cent, according the RICS Cyprus Property Price Index for [...]

MARKET TRENDS
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BY OPulse Admin
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Jun 27 2014

Russian Breakthrough: Larnaca’s Kimon Project Sold

The Kimon Phinikoudes Larnaca project, belonging to the Lefkaritis family and valued at an estimated €10 million, has been sold to Russian investors. Meetings held between the parties on June 9-13 [...]

MARKET TRENDS
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BY OPulse Admin
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Jun 16 2014

PROPERTY SALES PLUNGE ‘SLOWING DOWN’

Property sales for February show that the plunge in the market is ‘slowing down’ despite being worse than last year. According to data released by the Land Registry, property sales in February mar [...]

MARKET TRENDS
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BY OPulse Admin
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Jun 11 2014

Cybarco Completes 4th Phase of Sea Gallery Villas

Cybarco has made headway with its luxury Sea Gallery Villas project in Limassol, having completed the fourth phase of development. Four more villas have been completed, each one individually designed [...]

MARKET TRENDS
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BY OPulse Admin
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Jun 06 2014

Real Estate Prices Predicted to Fall Further

Leaf Research – an advisory firm providing real estate market research, strategic advisory services, and valuations – has released its 2014-2015 Forecast, through which it gives an overview of the [...]

MARKET TRENDS
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BY OPulse Admin
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May 17 2014

Knight Frank’s

Knight Frank’s newly-released ‘Global Opportunities: Assessing Value in Housing Markets Worldwide 2014’ report credits Cyprus’ mainstream market as being one of the largest ‘price fallers� [...]

MARKET TRENDS
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BY OPulse Admin
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May 12 2014

Title Deeds issuance completed by year end

The Land Registry should complete its revaluation of all properties by June 2014 and the Finance Minister expects it to complete the issuance of Title Deeds as agreed with the troika by the end of th [...]

MARKET TRENDS
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BY OPulse Admin
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May 01 2014

Best Times to Buy, Sell or List a Home

A common question from a buyer or seller is: what is the best time to buy or sell a home? In the clothing world, it makes sense to get the best “deal” on winter clothes at the end of winter and th [...]

MARKET TRENDS
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BY OPulse Admin
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Apr 17 2014

Non-performing loans in the land of freebees and populism

NON-performing loans (NPLs ) reached €26 billion and continue their upward trend while property prices continue their downward march. Valuable time has been lost unnecessarily. More than 12 months h [...]