Property values in Larnaca surge due to Israeli...
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Property prices in Larnaca have recently surged to levels akin to Nicosia, largely due to heightened interest from Israeli investors, according to local real estate sector stakeholders. The Israeli enthusiasm for the region continues despite a slowdown in property sales following the eruption of the conflict with Palestine, pivoting towards rental properties, causing residential rental prices in select areas to skyrocket , rendering them unaffordable for local residents.
According to Vassos Zakos, director of FOX Real Estate in Larnaca,...
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Article automatically added to our system on Thursday, November 9, 2023
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