Our News/Articles

28 May

RICS Cyprus Property Price Index Q4 2016

Introduction & Commentary During the fourth quarter of 2016 the Cyprus economy showed further signs of stability, with a seasonally adjusted quarterly GDP growth of 0.7% and an annual seasonally adjusted GDP growth of 2.9%. Unemployment remained...

Read More
16 Mar

Key findings of Cyprus real estate conference

RICS in Cyprus hosted a conference on REO & NPL Management on 8 March 2017 at the Hilton Cyprus Hotel. The event brought together real estate professionals, banking executives and regulators to explore and discuss the state of the Cyprus real...

Read More
31 Oct

Cyprus Property Price Index Q2 2016

This is the twenty-seventh publication of RICS’ Cyprus Property Price Index, a quarterly price and rental index which is based on methodology produced by the University of Reading, UK. The Index tracks property and rental prices across all districts...

Read More
30 Jul

Countries where you can buy citizenship

A new global industry has been booming in recent years, as countries offer people the chance to acquire citizenship or residency. Economic programmes are allowing foreigners to legitimately purchase citizenship or a residency permit –...

Read More
17 Jul

RICS Cyprus Property Price Index Q1 2016

This is the twenty-sixth publication of RICS’ Cyprus Property Price Index, a quarterly price and rental index which is based on methodology produced by the University of Reading, UK. The Index tracks property and rental prices across all districts...

Read More
03 Apr

Cyprus tourism market report (KPMG report)

The tourism market is one of the largest economic sectors in Cyprus and has experienced substantial growth over the last five years, with tourists averaging around 2,3 million per year. Cyprus’ tourism industry has been honoured with numerous prestigious...

Read More
02 Mar

RICS Cyprus Property Index Q4 2015 'Signs of stability'

This is the twenty-fifth publication of RICS Cyprus’ Property Price Index, a quarterly price and rental index which is based on methodology produced by the University of Reading, UK. The Index tracks property and rental prices across all districts...

Read More
06 Oct

The Cyprus Economy and the Real Estate Market

The interaction between the economy and the real estate market is unquestionable. A number of empirical studies in several countries, including Cyprus, have confirmed the positive effect of economic growth on the real estate market, as well as the positive...

Read More
03 Aug

RICS Cyprus Property Price Index 2nd quarter 2015

This is the twenty-third publication of RICS Cyprus’ Property Price Index, a quarterly price and rental index which is based on methodology produced by the University of Reading, UK. The Index tracks property and rental prices across all districts...

Read More
11 Jun

RICS Cyprus Property Price Index 1st quarter 2015

This is the twenty-second publication of RICS Cyprus’ Property Price Index, a quarterly price and rental index which is based on methodology produced by the University of Reading, UK. The Index tracks property and rental prices across all districts...

Read More
16 May

Seminar 5-6 June at ETEK. Instructor Thomas Dimopoulos.

2 days seminar organised by the Technical Chamber of Cyprus. Thomas Dimopoulos, the Managing Partner of AXIA, is one of the instructors. The topic is Introduction to property valuation methodology. More details here And analytical programme her...

Read More
12 Feb

RICS Cyprus Property Price Index 4th quarter 2014

This is the twenty-first publication of RICS’ Cyprus Property Price Index, a quarterly price and rental index which is based on methodology produced by the University of Reading, UK. The Index tracks property and rental prices across all districts...

Read More
26 Dec

RICS Cyprus Property Price Index 3rd quarter 2014

During the third quarter of 2014 the Cyprus economy showed some signs of stability, with the economy’s performance being better than expected at the end of 2013 and tourism outperforming forecasts. Unemployment remained at a historical high level,...

Read More
26 Sem

Property taxation in Cyprus & the New General Valuation

For the last 30 years, the Cyprus government has been implementing an ad valorem (based on market value) property taxation system using market values with a reference date January 1st, 1980. This taxation basis was supposed to ensure horizontal and vertical...

Read More