Rising property prices Cyprus

Cypriots Face Exclusion From The Real Estate Market

Cypriots Face Exclusion From The Real Estate Market

Cypriots Face Exclusion From The Real Estate Market The real estate market in Cyprus has become increasingly challenging for many local residents. Cypriots are finding it harder than ever to purchase homes due to a combination of factors. Inflated rents, rising construction costs, and high interest rates have made homeownership a distant dream for a large portion of the population. Homeownership, once more...

New Homeowner Interest Challenges

New Homeowner Interest Challenges

New Homeowner Interest Challenges: Rising Housing Costs in Cyprus Owning a home in Cyprus has become increasingly difficult due to new homeowner interest challenges, particularly for young couples trying to buy their first house. The main factor is the significant rise in housing loan interest rates, which have exceeded 5%. According to the Central Bank of Cyprus, this is the highest rate in the last...

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