Real estate prices are expected to rise.
- 29 марта 2018 в 15:07:58
According to studies conducted by Hellenic Bank, more than 70 percent of respondents expect further increase in real estate prices. Also, respondents believe that it is not time to sell the property and it is necessary to wait some more time.
In turn, 60% of investors believe that it is now the right moment to make apartments in Cyprus, and 53% of the respondents think that it’s now a good time to buy a land plot, a house or a villa in Cyprus.
At the same time, the same investors say that now is not the right time to sell the property, as prices will rise. Of these, 55% believe that it is currently not profitable to sell apartments, and 57%, which is unprofitable to sell land, houses or villas in Cyprus.
Of the respondents, 73% believe that it is worth to expect further price increases, and 12% adhere to the opposite opinion.