Breaking news

Cyprus And Greece’s Real Estate Markets: Sustained Growth Amid Global Uncertainty

Cyprus and Greece have maintained strong momentum in their real estate markets, defying broader global economic uncertainties. Both countries have seen consistent demand from domestic buyers and foreign investors, driven by favourable economic conditions, strategic development projects, and the appeal of their real estate sectors. In Cyprus, the demand is particularly robust in residential and commercial properties, fuelled by foreign investment, government incentives, and the country’s stable economic environment.

Greece’s real estate market also continues to thrive, buoyed by a strong tourism sector, urban redevelopment projects, and investor interest in both residential and commercial properties. The introduction of various investment schemes, such as the Golden Visa program, has further enhanced Greece’s attractiveness to international buyers.

For investors, these trends present significant opportunities. The sustained growth in property values and rental yields in both countries signals a healthy investment environment. Additionally, the stability of these markets amidst global uncertainties highlights the resilience and potential of real estate in Cyprus and Greece as reliable investment avenues.

Looking ahead, continued economic stability, supportive government policies, and ongoing development projects are expected to keep the real estate markets in Cyprus and Greece on a growth trajectory. However, stakeholders will need to stay attuned to global economic shifts that could impact these markets in the longer term.

Overall, the real estate sectors in Cyprus and Greece remain vibrant, offering promising prospects for both local and international investors.

Athens Stock Exchange approves listing of Bank of Cyprus shares

The Athens Stock Exchange, following a meeting of the Listings and Market Operation Committee, verified that all listing prerequisites for the listing of the Bank of Cyprus shares have been met and approved.

More specifically, according to the decision, “the Athens Stock Exchange, following today’s meeting of the Listings and Market Operation Committee, verified that all listing prerequisites are met and approved the listing of 443,457,297 ordinary shares of “BANK OF CYPRUS HOLDINGS PUBLIC LIMITED COMPANY” (ISIN: IE00BD5B1Y92) on the Main Market of the Athens Stock Exchange, according to art. 2 par. 4 L.3371/2005”.

It is mentioned that trading will start on Monday, 23 September 2024.

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter