A mortgage (in the context of buying a home in Europe) is a home loan that helps people purchase property by spreading payments over many years. Like it or not, for millions of Europeans, it’s the only way to own a home. What do the numbers say? Eurostat reports
Cyprus remains a leading destination for those looking to buy a house in Cyprus, with over 15,700 property transactions recorded in 2024. The island’s attractive tax system, Mediterranean lifestyle, and favorable mortgage options in Cyprus continue to draw investors and individuals seeking permanent or second homes. Houses are
Cyprus’s second-largest city, Limassol, is a prime spot for real estate opportunities. Its central location — just 85 km from Nicosia, 45 km from the Troodos Mountains, and 65 km from Larnaca Airport — makes it super accessible. With excellent infrastructure, including highways, international schools, and healthcare, it’s a highly
Choosing between renting vs buying a home is one of the major money decisions in your life. It affects your lifestyle, money stability, and future ambitions. Imagine renting a home in New York City for $3,500 per month — over five years, that’s $210,000 spent on rent with
You want to buy a house in Cyprus and need a loan. Mortgages are a popular choice for both residents and foreign investors. Around 70% of property purchases in Cyprus are made by locals, while 30% are by international buyers drawn to the island’s sunny weather, stunning coastline, and
The real estate market has been up and down in recent years, leaving many potential buyers wondering, “Should I buy a house now or wait?” In 2024, many faced tough decisions as home prices surged and mortgage interest rates hit levels not seen in over a decade. Some buyers locked
Read Time:4 Minute, 31 Second Sun, sea and Cyprus are all that a potential investor wants when they consider buying a property on the island. While most look to utilize hard-earned savings to purchase real estate, foreign nationals are increasingly looking to tap into the local banks and take