Real estate market: Forecasts for 2021
The real estate trend in Cyprus over the last several years, has seen a significant increase in its supply-side for high-priced premium residences. This has mostly been a result of the Cyprus Passport Scheme, a scheme which till recently, gave investors the right to a Cypriot Passport with an investment of at least €2 million. One of the easiest solutions to access this scheme was to invest in high-priced premium residences which saw an influx of foreign investment as well as high-priced premium residences themselves. […]
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