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Russian Political Party - A dangerous move?
Antonis Loizou, FRICS
This is not a political article, but we lay down our own thoughts on the above subject and its possible side effects that this may have for Cyprus, its economy its effect on its short “success” story and the Cyprus real estate.
24/09/2017
Mr Minister of the Economy
Antonis Loizou, FRICS
We had the opportunity to discuss with the I.M.F. consulting group which is examining the Cyprus economy and its recovery, the matter of real estate market. We have laid down our own thoughts on the subject, which, in summary is as follows:
17/09/2017
Tourism in Danger?
Antonis Loizou, FRICS
It will never cease to amaze us the indifference of associations, professional bodies, Government and others, regarding crucial aspects of the building industry.
10/09/2017
Real Estate Arbitration & Cyprus
Antonis Loizou, FRICS
This Government is trying to introduce new ideas and methods in its effort to catch up the 21st century from the existing legal system introduced 150 years ago. Thanks to the Bar Association and bearing in mind the years of delays that are experienced in the litigation proceedings, a new approach to solve minor disputes and including land law cases (property sales etc etc) arbitration is going to be introduced (waiting mind you for the last 5 years since the announcement).
03/09/2017
Villa to let and legal obligations
Antonis Loizou, FRICS
We have reported in this paper that one of the best investment returns are the villas to let and Airbnb, especially for such popular localities such as the Famagusta region and to a lesser extent Pafos.
31/08/2017
Changing Housing Habits
Antonis Loizou, FRICS
A young couple starts with the acquisition of an apartment 1-2 bedrooms, then depending on their financial ability move on to a larger apartment and then to a house. Other than those who have the financial support of their parents/ family, the circle of housing described is the above for the majority. This circle of housing, whereas it is ordinary in other countries, in Cyprus only the recent 15-20 years has appeared, since local attitudes did not find acceptable the change of homes.
20/08/2017
A Con Job in the Making?
Antonis Loizou, FRICS
It is known that for the securing of permanent residency visa, the applicant must buy a house (or apartment) of not less than €300.000 of value and for the passport not less than €500.000 of value - plus VAT.
13/08/2017
Incredible delays in title issue
Antonis Loizou, FRICS
Notwithstanding our 36 years of operation in real estate in Cyprus and with numerous development projects in our CV, it is only recently that we got involved directly ourselves to follow the issue of titles (so far outsourced).
30/07/2017
Housing Returns Performance
Antonis Loizou, FRICS
The local Royal Institution of Chartered Surveyors Cyprus branch, provides every quarter its own statistics on real estate returns and prices. The most recent one which indicates returns on residential apartments of 120 sq.mts. rates are:
25/07/2017
Foreign Investments in Cyprus
Antonis Loizou, FRICS
There appears to be some sort of increasing interest for Cyprus alternative investments. Real estate demand from wealthy buyers is active ranging from the acquisition of top quality houses, to office buildings (as an investment – for income) etc. Other investors (mainly foreign) are looking over the island for other nature of investments such as hotels, whose preference is on the top and with a rather positive future, since the tourist industry is improving. This demand is expected to become more evident during the year 2017/2018 with hotel investments showing a return of around 10% on the cost/value.
16/07/2017

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