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Property market shows encouraging signs

Property sales in Cyprus increased in May with the number of contracts deposited at Land Registries reaching their highest level since June 2010, raising expectations that a recovery may be underway.

Luxury real estate market resists crisis

The Cyprus Residential Development Prime market report 2012 by international property consultancy firm Frank Knight says that demand for the very top-end of the real estate market has remained strong.

Property market review and expectations for 2012

A fall in Cyprus' GDP and rising unemployment means that the good days have gone. We are probably approaching the worst point, but things are unlikely to get back to where they were.

Limassol property market doesn’t depend on Russians

The number of real estate transactions for December 2011 was announced this week. Once again, they fell compared with the same month last year (-7%) and 2011 'ended' with an 18% reduction in transaction volume compared with 2010.

What will it take to stop the rot in the property market?

This year has been a disaster for the Cyprus property market with the number of sales falling below those of 2009, the year the market crashed, and prices that are in a downward spiral with no sign of a recovery.

The Greek haircut and the Cyprus real estate market

With the share price of one of the banks in Cyprus having fallen to a 12 year low, the repercussions of the 50 percent haircut on Greek bonds and now the possibility of Greece defaulting are devastating - and the Cypriot real estate sector is part of the problem.

The Cypriot real estate market will recover when…

Many reasons have been given for the decline in sales of property in Cyprus in recent times. In our latest 'Have your Say' poll we are asking our readers what needs to be done to set the beleaguered real estate market on the road to recover.

Disastrous decline in real estate market continues

The continuing crisis in the Cyprus real estate industry can only be described as disastrous as the latest figures released by the Land Registry reveal that property sales fell for the thirteenth consecutive month in July.

Market stagnant despite price cuts

The global recession, the Title Deed fiasco, greed, stricter bank lending criteria and high interest rates blamed for stagnant property market as plummeting house prices fail to ignite sales.

Cyprus housing market stumbles

Compared to other European member states, the housing market in Cyprus performed poorly in 2010, with price falls over the year averaging more than nine percent.

Is this the worst overseas property market in Europe?

If there was a prize for the worst overseas property market in Europe, Cyprus would be the hands down winner according to Global Edge.

Title Deed legislation will destroy property market

Rather than resolving the Cyprus Title Deeds-cum-fraud mess, the proposed legislation will destroy what vestiges of confidence remain in the Island's overseas property market and will possibly result in its collapse.

2011 property market predictions

What does the coming year hold in store for the Cyprus property market? Pundits predict that things will be much the same as last year, but 2011 has not got off to an auspicious start.

Overseas property market recovering despite problems

The Cyprus overseas property market is showing signs of recovery in spite of its problems, with sales to non-Cypriot buyers up fifteen percent in 2010 compared with 2009.

A new dawn for the Cyprus property market?

Next year could see the dawning of a new era in the Island’s property market following the introduction of the proposed changes to the property laws; Andreas D. Symeon explains.

Moody’s: Cyprus property market remains a risk area

The Island’s once booming property market “remains a risk area with weak demand and unclear growth prospects” according to Moody’s, the international ratings agency.

Cyprus overseas property market review

It is hard to believe that the Cyprus overseas property market has collapsed so suddenly and so dramatically. In a few short years, sales of property to overseas investors have plummeted significantly compared to the numbers formerly sold.

Cyprus overseas property market recovery faltering

The recovery in Cyprus’ beleaguered overseas property market may be faltering according to the latest figures released by the Department of Lands and Surveys.

Property market showing signs of recovery

There are signs that the Cyprus property market may be on the road to recovery boosting hopes that an end to the crisis in the sector is approaching.

Portugal and Cyprus win as Brits return to market

Portugal, Turkey and Cyprus are among the main beneficiaries of the returning British interest in overseas property, according to the latest figures from portal Rightmove.

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