November 2021

REITS3

REIGS & REITS

Like various other investment schemes, buying a property can be a profitable movement. There are different ways to invest in a property; be the owner and run it on your own, invest via real estate online platforms, or invest via REIGS or REITS. REIGS (Real estate Investment Groups) are ideal for owning a rental real estate without running it. REIGS are small mutual funds. A company buys or...

positive groth economy

Positive growth rate for Cyprus economy in 3 quarter 2021

The Ministry of Finance confirms the capacity of Cyprus's economy given the high growth rates, which reinforces the expectations for a positive continuation over the 4th quarter of 2021. According to the estimation of the Statistic Service, the growth rate in the 3rd quarter of 2021 is positive and it is estimated at 5.3% compared to the same quarter of 2020, following the essential high growth...

construction

Increase in the prices of construction materials

According to the Statistical Service, an annual increase, of almost 15%, was recorded in the prices of construction materials in September 2021. More specific, the Price Index of Construction Materials reached 115.78 points (based on 2015 = 100), recording an increase of 0.51% compared to the previous month. Compared to the corresponding period of the previous year, the index recorded an...

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