British Bases deal creates new real estate pocket

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British Bases deal creates new real estate pocket
 © FinancialMirror 2020

A new pocket of real estate is created, as Cypriots owning land in non-military areas inside the British Bases can sell or develop their property, following a milestone agreement between Cyprus and the UK.

Experts believe the deal could also push property prices downwards while offering investment opportunities.

Although not considered large enough to bring about major changes in the real estate sector, property experts see these properties sending prices and rent values downwards.

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This article was automatically added to our system 13-6-2020

British Bases deal creates new real estate pocket


The contents of this article including any associated images are © FinancialMirror 2020
Views & opinions expressed in this article are those of the author and/or FinancialMirror .

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Article Tags: british, bases, creates, estate, pocket,