Category: Real Estate / News / Insights

Suddenly a special day arrives, the moment of moving. Undoubtedly, a day that involves a lot of decisions and steps so that everything comes to fruition. In some cases, the process can be resolved in a matter of hours. In others, it may take a couple of days. But, of course, everything will always depend on the number of things that we must move and the size of the property.

The joy of buying your first home is inexplicable. It's about making a dream come true—either alone or with family. But a goal at last. A plan that is the beginning of something new, and like all innovation, requires a series of steps to follow.

Deciding to buy a property is one of the most important decisions we make in our life, especially if it is the first time we will do it. It does not matter if it is a villa, an apartment, a studio, or a house. Logically, this decision is not exempt from the stress of a decision of this magnitude.

Energy is fundamental to our lives. And especially for the proper functioning of our homes. Today, Cyprus real estate industry considers the importance of reducing energy consumption based on a wide range of measures. Among them, we find the use of renewable energy when constructing a building, a house, or a villa.

Renewable energies are essential for the preservation of our planet. In this context, the European Union is destined to achieve carbon neutrality by 2050. Cyprus, as a state party to the EU, has the same commitment as all member countries. At present, less than 15% of the energy in Cyprus comes from renewable sources, with solar energy being the spearhead in this energy conversion.

Cyprus is an island of contrasts. Old and historic buildings coexist with a wide range of recently built investment opportunities. Cyprus marketplace grows day by day with many high-quality and luxurious properties that shine in different island corners. But there is a reality: all buildings are exposed to earthquakes.

Cyprus marketplace is becoming more and more modern. In this context, virtual tours are an excellent way to get to know space in the real estate market through interaction with an environment and with this action to achieve better investment opportunities.

A classic mistake made in the real estate market is to believe that ensuring the house we buy already has 100% protection. Undoubtedly, this is a severe mistake. That is why it is essential to be advised by a real estate agent, who will know how to tell us how insurance works and the scope of its coverage.

The property does not sell itself. Although it seems like a joke (a bad one), this is so. Therefore, to sell our house or apartment, it is necessary to have the assistance of a licensed real estate agent. For now, the Cyprus real estate industry offers a wide variety of licensed estate agents alternatives at the time of listing our property for sale.

In the real estate industry, there are a lot of investment opportunities. But it's not always about buying. For many, a long-term rental decision for luxurious properties is an excellent investment. The Cyprus marketplace offers a wide range of great rental options. And when searching and consulting with an estate agent, the question arises: is a furnished or unfurnished rental better?

The Cyprus marketplace is an excellent place to make significant investments. Much better than what one can do in the stock market with invest in stocks. Of course: good advice is a fundamental factor to have the best information on investment opportunities. Having a real estate agent will prevent us from making mistakes that can later be paid dearly.

I am buying the first house: the dream of many. The most critical decision usually made by a person or a family looking for investment opportunities on the Cyprus marketplace.