Blog
It’s a great time to buy Cyprus real estate
August 2, 2021
By Antoniou Markos, economist
Acquiring real estate has always been one of the most stable investments the average person could make in their life. This is confirmed by George S. Clason, author of The Richest Man in Babylon, the basic book for anyone looking for ways to improve their finances.
No doubt your average relative, acquaintance or friend has often heard you explain that “With the rent, you get a home.”
If we accept this approach as correct for any time period, the period we are now going through -especially for Cyprus- is even more than suitable for the purchase of real estate. The reasons for this are a combination of macroeconomic, medical and political data, which form an unprecedentedly favourable situation for the housing market.