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Dr. Charalambos Pitros

Articles

The ripple effect of Limassol’s real estate

The ripple effect describes how property prices in one area influence those in others, as seen with London's impact on the UK market, whereby...
Articles

Why Cyprus Must Change its VAT policy on homes

Inspired by Greece's success, there's a proposal to fully suspend VAT on houses in Cyprus, mirroring Greece's 0% VAT on new homes from January...
Articles

The real estate market: supply and trends

Buyers are more cautious, taking more time to decide In response to the increase in interest rates, we've observed several budget adjustments among borrowers. Also,...
Articles

Evolving trends in Cyprus real estate market

By analysing the total number of sales contracts deposited in the Land Registry Office during the first five months of each year, it becomes...
Articles

Is now the right time to sell your property?

We frequently get asked this question around this time of year: Is now the right time to sell? An optimal time to sell a property...
Articles

Why construction cost skyrocketed & what’s next?

The construction cost in Cyprus has increased abnormally. The recent hike in diesel price has worsened the situation, as the price has a domino...
Articles

Better days for the Cyprus property market lie ahead

In our article in January, we have proclaimed that on average Cyprus real estate market will remain relatively stable in 2021 while in the...
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Will Cyprus real estate market hold in 2021?

While uncertainties remain for 2021, the Cyprus property market will continue to show its strength. With at least two viable vaccines, low mortgage rates,...

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