The recent developments in Cyprus, which has now 5 universities, pushed the cost of rents sharply up, especially when flats are close to the campuses. Property sources told StockWatch that the price...
According to latest CYSTAT data, cement sales in September 2007 rose 2.2% to 148.4 thousand tons compared to 145.2 thousand tons in the corresponding month of 2006. In January – September 2007,...
The Cypriots invested €147 million in Bulgaria in the first half of 2007. According to a Bulgarian press agency, the Cypriots were the fifth largest investors in the country in the first six months...
The demand for Cypriot properties by the British has reached its limits, since the prices of domestic homes have reached those of Spain and are double than those of the emerging markets, such as...
According to latest CYSTAT data, the construction cost has been shot 81% in the past seven years. In the second quarter of 2007, the producer price index in constructions reached 179.2 points...
The upward trend in property prices in Cyprus in the past few years is a sign of bubble, economist Marios Clerides stated on Wednesday. In his interview to StockWatch, former SEC Chairman said that...
The increased construction cost in the past few years has pushed the Cypriot buyers to choose flats instead of detached houses. According to CYSTAT data released on Monday, the area for the detached...
According to CYSTAT data released on Friday, the Building Material Index in August 2007 surged 6.1% to 140.51 points against 132.41 points in the corresponding months of 2006. The highest...
Finance Minister, Michalis Sarris analyzed on Thursday the main reasons that have contributed to the increase in the price of properties. Speaking after his meeting with EVROKO President, Demetris...
The government together with other EU member states requested by the European Union to impose the 15% VAT on the purchase of property in 2010. In his statements before the Parliament, Finance...