The Royal Institute of Chartered Surveyors just released the latest figures for the Cyprus property market. Read on to find out how the market changed in value in the first quarter of 2023.
There is nothing stopping you buying property in Cyprus as a non-EU buyer. It’s when you want to stay to live or work there, that it can become a little confusing. The Cypriot government has systems in place to allow you to reside in the country and there’s a new ruling you should be aware of.
As the year comes to an end, we have a considerably better idea of how the property market performed in 2022. There have been a number of factors that have thrown a spanner in the works, with the rising cost of living and inflation being a real influence. However, Cypriot real estate has channeled nearly €4billion back into the economy this year.