Cyprus is actively working to improve housing affordability for its citizens, taking various measures such as lowering the minimum allowable area of apartments, tax breaks and incentives for developers. However, the country faces pressure from the European Commission and a general increase in taxes. Let's look at the new changes aimed at developing the Cyprus real estate market and the challenges associated with them.
Let's consider the changes in housing prices in Turkey in February 2025 and their impact on the real estate market in the near future. Despite nominal price growth, the real value of housing has decreased due to high inflation. However, real estate sales, including mortgage sales, continue to grow, indicating strong demand among investors.
The Finnish real estate market is experiencing significant changes. Experts predict a further decline in house prices, despite favorable economic factors. Read more about it in our review.
Apartment prices in Greece rose by 9.2% year-on-year in the second quarter of 2024. This significant growth reflects the country's economic recovery and increased interest from foreign investors. However, the rapid price increase has raised concerns among market experts.