Jul 11, 2017
The last 3.5 years the Cyprus Real Estate Market has experienced aggressive buyers, hunting below market value properties. It used to be a BUYERS MARKET!!
The last 9-12 months it looks like we are back to Sellers Market again!
Good quality listings are on the market for just a few days. Good quality plots and flats disappear within days.
Old developers are getting back in the industry and new ones are also finding their way and this is not a good sign for the market. The high demand for appropriate land has resulted in plots scarcity and increased in prices.
M. Residence #ModernAgents will continue to keep an eye on the industry and analyze numbers in order to provide valuable figures to consumers.
M. Residence Brand: New Horizons in Real Estate 22 26 15 16
Until Next Time,
M. Residence Team