Mercury Group
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Buying and renting real estate in Tbilisi: prices continue to skyrocket
In December 2022, the cost of housing in Tbilisi increased by 28% compared to the same period in 2021, according to Georgian bank TBC Capital.
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Real estate sales in Limassol and Paphos are growing, in other regions - slowing down
At the end of 2022, real estate in Limassol took the lead in popularity! So, only in November there were 465 transactions. Real estate in Paphos became the second most popular - 317 transactions in November.
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Cyprus real estate market for 2022
In 2022, there were 22,129 real estate purchase transactions in Cyprus for a total of 5.85 billion euros. The most popular property was in Limassol (6945 transactions in 2022). Next in popularity are Nicosia (6237 sold objects), Larnaca (4160 transactions), Paphos (3593).
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Important: changing the conditions for obtaining a residence permit in Cyprus
From January 1, 2023, the conditions for obtaining a residence permit in Cyprus have changed. Previously, in order to obtain a residence permit in Cyprus, it was necessary to confirm your income, provide medical insurance and a long-term lease of real estate.
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Real yield from renting an apartment in Dubai: how to calculate
Getting from 10% of the net profit from renting real estate in Dubai is real, but there are nuances...
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