In February, foreigners acquired in total 337 properties, i.e. 13% less than in the same month of last year.
Danos International Property Consultants & Valuers conducted a survey on trends in the Cyprus property market at the end of last year.
Ernst & Young Russia published a press release on a survey conducted jointly with Tranio, an online advertising portal for real estate.
Cyprus real estate continues to be in demand among foreign buyers
Construction boom continues in Cyprus.
The total number of property sales in 2019 is 14,667, the highest number on record since 2008.
Building permits constitute a leading indicator of future activity in the construction sector. The latest figures, announceв by the Statistical Service of Cyprus on June 16, 2019, show an increase in the number of permits issued.
In its annual Cyprus real estate market review, PwC reports that the transaction value of the residential property sector reached €3.1 billion, which accounted for 73% of the market total.
On March 14, 2019, Vizus Consulting Group participated in a seminar which was held at Legal High School in Kiev, Ukraine.
New criteria for the Cyprus Investment Programme have been approved by the Cabinet of Ministers and will be effective as of 15th May, 2019. By the Finance Minister, the Programme will become “more targeted and trustworthy”.