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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.
The Cyprus construction industry is experiencing a serious crisis due to an acute shortage of labor and building materials. Despite high demand and a multitude of projects, the industry is facing delays and unfinished projects. Let's look at the causes of the crisis and possible ways to overcome it.
The Cyprus real estate market is showing impressive growth and is becoming increasingly attractive to local and foreign investors. The recovery of tourism, favorable investment programs and high rental yields are stimulating demand, opening up new opportunities on this Mediterranean island.
Want to buy property in Cyprus?
Check out great deals on residential and commercial property in Cyprus from verified agencies, owners and private realtors.
Compare all prices in Cyprus on the foreign real estate portal Centrarium.
Buy real estate in Cyprus - a great opportunity for those who want to enjoy life on the sunny island and at the same time profitable investment in housing. Cyprus offers a wide range of real estate in different areas of the country, from new buildings to luxury penthouses. When buying real estate, it is important to consider the ownership rights and terms of the deal. Here you can find both objects for your own residence and for business. Request a consultation to find out more about the best offers.