A summary of the significant factors and major drivers of the real estate market in Cyprus.
The Cypriot economy has experienced positive growth rates in 2016 and the expectations are that this trend will continue in 2017. Fiscal indicators are improving, the yields of the Cyprus Bonds have reduced, while the interest for investments is rebounding.
Services including tourism, financial services, and real estate are considered as the backbone of the Cypriot economy, accounting for nearly 80 percent of GDP.
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