Time for small contractors

Increasing building costs, limited availabity of suitable housing units in central town areas, the burden of VAT, the lack of titles for new units, among others has turned housing demand towards older units. These require repairs and upgrading. In the past older units were of little interest to anyone and were considered not to have […]

Global construction market appears firmly on recovery footing

RICS Global Construction Monitor, Q1 2021 Global Construction Activity Index rose to +14, substantially higher than the low of -24 in Q2 2020 Accessing finance remains difficult and the main impediment to activity, due to uncertainty surrounding the path of recovery Supply chain bottlenecks emerging, with border closures impacting on rising costs of materials and […]

Rents up by 14.9%, house prices by 28.6% since 2010

Between 2010 and the second quarter of 2011, house prices and rents in the EU followed similar paths. Since the second quarter of 2011, they have followed very different paths: while rents increased steadily throughout the period up to the fourth quarter of 2020, house prices have fluctuated significantly. After a sharp decline between the […]

Επόμενο Προηγούμενο Ζήτηση στις οικιστικές μονάδες από €100 χιλ. ως €300 χιλ.

Ένας από τους πιο ανθεκτικούς τομείς των ακινήτων φαίνεται να είναι οι οικιστικές μονάδες αξίας €100.000 – €300.000, καθώς μετά την άρση του πρώτου lockdown το Μάιο του 2020, σημειώθηκε αύξηση στην ζήτηση. Αυτό οφείλεται κυρίως στην έντονη ζήτηση για κατοικίες, καθώς επίσης και στην αύξηση της ζήτησης  για ενοικιαζόμενες κατοικίες και συναλλαγές αγοράς προς […]

Επόμενο Προηγούμενο Το πρώτο designer show apartment στο Trilogy (βίντεο)

Το πρώτο designer show apartment στο Trilogy, το κορυφαίο high-rise έργο της Cybarco, έχει ολοκληρωθεί. Έχοντας πλέον ξεπεράσει τους 24 ορόφους, αποτελεί ήδη αναπόσπαστο κομμάτι του παραλιακού μετώπου της Λεμεσού. Τον εντυπωσιακό εσωτερικό σχεδιασμό και τη διακόσμηση του διαμερίσματος επιμελήθηκε η εταιρεία Sidetoside, την υπογραφή της οποίας φέρουν το νησί Σκορπιός και το ξενοδοχείο Amara […]

Cyprus property sales surged in March

After a disappointing start to the year property sales in Cyprus surged in March, 12 months after the country went into lockdown according to official figures released today by the Department of Lands and Surveys. During March, the total number of contracts deposited at Land Registry offices for the sale of residential property, commercial property, […]

Construction sector feeling the squeeze

Following the demise of Cyprus “golden passports” scheme compounded by coronavirus the construction industry is suffering but has options. The sector is relying on housing developments and offices for companies attracted to Cyprus post-Brexit. Although the sector is in for a turbulent year, experts say it can be saved by housing demand, especially in the […]