He said that “currently, there are 3,257 apartments and 1,227 houses in the market available for rent.” “The average asking rental price for apartments across Cyprus is estimated at €1,803 ...

(Median Monthly Rent × 12) ÷ Median Purchase Price × 100 For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as: ...

This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative ...

The Law Office of the Republic has rejected a proposal by the deputy tourism ministry to cap the number of short-term rental properties a person or company can register in Cyprus. However ...

The future of Cyprus’ tourism industry depends on sustainable ... the threat of short-term rentals, seasonal imbalance, and inadequate infrastructure. Vavlitis stressed that tourism continues ...

Nearly 60 per cent of homes in the mortgage-to-rent scheme lack the necessary certificate ... Souzana Psara is part of the Cyprus Mail’s business section, covering local business news, startups ...