Apartment

Business

Bad tenant register suggested as way to normalise rental prices

Council for Registration of Real Estate Agents president Marinos Kineyirou this week released a statement addressing the issue of soaring rental costs in Cyprus. “The troubling situation with rents is growing as inflationary pressures mount and household disposable income is squeezed,” Kineyirou said. “At a time when everything is getting more expensive, we see that the whole issue is becoming a subject of discussion not only

October 7, 2022 No Comments

Business

Solutions to the rent problem

A good effort by the Cyprus Land Development Organisation (ΚΟΑG) to offer properties for rent (residential) at affordable levels. The announcement by this organisation and Limassol municipality to help lower income groups face in paying rent is noteworthy, although the supply to be provided is not enough to address the problem. In addition to the above effort, we had previously suggested our own thoughts on the

September 29, 2022 No Comments

Business

The quality of a house depends on certain criteria

We are very often faced with the question of whether improving the quality of a project will pay off. This is not an easy question and the answer depends, amongst other things, on what the quality is and whether the cost of higher quality is affordable for the wide market. The main criteria in terms of quality, is the location. The better the location, the availability

July 22, 2022 No Comments

Business

Increasing the chances of selling an older house

Homes that are 30-40 years old are likely to need improvements to meet today’s standard of living, especially houses which were built according to the owner’s specifications at the time. This is particularly important if you are thinking of selling at any point. Regrettably, nowadays, houses are like a car, in that each year a new model comes on the market with all sorts of added

July 13, 2022 No Comments

Business

‘Construction sector can support Cypriot economy in difficult times’

Cyprus Land and Building Developers Association general manager Mersina Isidorou on Tuesday said that the Cypriot construction sector can help the economy withstand the challenges that it is being faced with. “Our industry is essentially Cyprus’ heavy industry,” Isidorou said, adding that it should once again assume the role of the core pillar of support and help the economy overcome the difficulties and challenges that have

June 17, 2022 No Comments

Business

Cyprus economy: challenges and prospects

Cyprus’ GDP decrease in 2020 was bound to 5 percent, notwithstanding disturbances in global exchange, supply chains, and air transport. Simultaneously, unemployment was reduced to moderately low, given the conditions, level of 7.5 percent. By 2021, Cyprus outperformed beginning assumptions, arriving at a palatable development pace of 5.5 percent. The better than expected performance in 2021 is mainly attributed to four factors: (a) the containment of

March 24, 2022 No Comments

Investments

What Millennials Expect From Their New Home

Millennial home buyers have entered the housing market in a big way. This group is now considered to be the largest group of home buyers. If you are thinking of selling your own home, these are the things you have to know before you do so. Perfection First 68% of millennials say they will use their first home as a stepping stone towards their dream home,

March 1, 2016 No Comments

Apartment

Bad tenant register suggested as way to normalise rental prices

Solutions to the rent problem

The quality of a house depends on certain criteria

Increasing the chances of selling an older house

‘Construction sector can support Cypriot economy in difficult times’

Cyprus economy: challenges and prospects

What Millennials Expect From Their New Home

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