Alarm bells as property construction stretched
© CyprusPropertyNews 2024
Market insiders warn the economy could be overheating, as the island looks like an extensive construction site, driven by the multitude of projects powered by Israeli investment despite the Hamas war. They emphasise that Cyprus stands as a secure environment for Israelis, anticipating a further surge in their activities once the conflict is ended.
However, they draw attention to the potential overheating of the real estate market, stemming from the numerous private projects and an unprecedented influx of public works affecting supply as demand...
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Article automatically added to our system on Monday, November 20, 2023
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