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Welcome to Fox Smart Estate Agency news page, here you can view all the latest Cyprus property news from the local experts. So if you want to find our more about the Cyprus real estate industry check out our latest news articles below:

Click here to view our Greek news articles

  • Protection of Property Buyers/ Sellers & Real Estate Agents

    Published on 9th March 2017

    To get their license, real estate agents must have a university degree, work for a licensed real estate agent and pass the relevant exams. All these pre-requisites aim to safeguard both the buyer as well as the seller involved in a property transaction. Reality shows that agents’ services are not employed to the degree they should be, leaving people unprotected. Protection when a real estate…

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  • NEW PROPERTY INVESTMENT PRODUCT

    Published on 31st January 2017

    A new, safer and more productive investment approach is now available as a result of newly enforced legislation. The traditional way of investing in real estate would be for someone to spend €100,000 or more to buy flat(s), office space or shops and rent them out. The average rent return (yield) in Cyprus is relatively low, ranging at about 3% for houses, 4% for flats and 5% for commercial properties.…

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  • GREAT INVESTMENT OPPORTUNITIES IN THE UK

    Published on 16th January 2017

    We are happy to inform our clients in Cyprus that we have recently established a cooperation with a leading property consultancy firm in the UK and are now able to provide service to our clients who wish to invest in London or elsewhere in the UK. Our UK property portfolio is diverse, spanning residential, commercial, student, hotel, and care home properties We focus on making property transactions…

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  • WHAT RENTS SHOULD LANDLORDS BE AIMING FOR?

    Published on 3rd January 2017

    What income would someone with a €200,000 bank deposit make in a year? Any income would basically come from interest. The €200,000 deposit would actually earn €4,000 based on a 2% interest rate. One has to deduct €1,200 in a 30% defence levy bringing the net amount down to €2,800. The annual yield after deducting taxes rises then to 1.4% (i.e. €2.800/€200.000). If the same depositor…

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  • REAL ESTATE IN CYPRUS – 2016 THE YEAR IN REVIEW

    Published on 30th December 2016

    2016 was an important and fruitful year for the real estate sector in Cyprus. The volume of sales, as indicated by the Lands & Surveys Dept., rose by 30-35% compared to 2015. Property prices based on the two main indexes, (Central Bank of Cyprus and RICS), indicate a stabilization trend with some sectors showing a slight increase and some a slight decrease. Important steps in the right direction…

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