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Business

Cyprus economy slows down in fourth quarter amid regional tension

Cyprus’ Composite Leading Economic Index (CLEI), a key economic indicator compiled by the University of Cyprus’ Economic Research Centre (CypERC), remained positive in the fourth quarter of 2023, albeit while experiencing a slowdown during this period. The centre noted that the ongoing deceleration of the index underscores the challenges posed by a geopolitical environment rife with tension, combined with a broader sense of economic instability, on

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Business

Mortgage of a share of a plot

The mortgage burdens the share of the plot and the building and not the apartment During the construction of apartment buildings, in their attempt to sell apartments, developers often facilitate buyers in securing a loan from a bank by offering a mortgage on a share of the plot or land that corresponds to the apartment. They believe they are helping the buyer and that the other

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Business

Swapping a house for an apartment

The question of whether to swap a house for an apartment comes up quite regularly for homeowners who have reached a certain age. Circumstances change. Children grow up and leave home, older people are not as active as they used to be and finances are not as healthy as were when their house was built or purchased. When investing in a house for a family with

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Business

Cyprus leads EU in cross-border investment services

Cyprus has emerged as the top-ranking European Union member state in providing cross-border investment services, according to George Theocharides, chairman of the Cyprus Securities and Exchange Commission (CySEC). The announcement came following a session of the House Finance Monday on Monday, where Theocharides presented the commission’s budget for 2024. The CySEC chairman also outlined the commission’s plans to introduce a regulatory framework for crypto-assets from 2025.

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Business

Συναρπαστικές Εξελίξεις στην Κυπριακή Κτηματαγορά: Μια Επισκόπηση των Τελευταίων Τάσεων

Η Κύπρος εδώ και καιρό αποτελεί ένα σημαντικό κέντρο ενδιαφέροντος για την κτηματαγορά, και πρόσφατες εξελίξεις αποτελούν την απόδειξη της συνεχούς ανάπτυξης και της έλξης της αγοράς ακινήτων σε αυτό το όμορφο νησί της Μεσογείου. 1.* *Άνοδος των Smart Homes: Η τελευταία τάση στην κτηματαγορά της Κύπρου επικεντρώνεται γύρω από τα smart homes. Οι κατασκευαστές ενσωματώνουν προηγμένη τεχνολογία σε νέες κατασκευές, προσφέροντας χαρακτηριστικά όπως οικιακή αυτοματοποίηση,

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