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Estate Agents Confident that Spanish Property Crisis won’t Affect Cyprus

By Editorial
Housing crisis exacerbated by permits approval

Estate agents and property specialists have said that the predicted collapse of the Spanish housing market will not affect Cyprus.

Paris Zachariades, Executive President of Century 21, a global player in the real estate network, yesterday told the Mail that the market in Cyprus was still on an upward trend due to low interest rates. “Our economy is strong and we are attracting more buyers from foreign markets, not historically linked to us“

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