Less than ten years after the bursting of the Cypriot property market bubble, the sector has entered a tentative recovery phase, with the exception of Limassol, where it is already booming with prices and rents driven upwards at a fast rate which experts expect to continue in the foreseeable future.
Read full articleHome prices rose for the sixth consecutive quarter in April to June 2017 after reaching their lowest point in the fourth quarter of 2015 accompanied by a recovery of commercial real estate prices pushing rents upwards, the Cyprus branch of the Royal Institute of Chartered Surveyors (RICS) said.
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