© CyprusMail 2021
A new index created by WiRE FS shows that the prices of Cyprus property, across all categories, fell in the first quarter of 2021. Rents also recorded a drop in most categories.
Apartment prices fell by 0.5 per cent in Q1 2021, compared with Q1 2020, house prices by 1.5 per cent, commercial properties (retail) by 5.3 per cent, warehouses by 4.5 per cent, offices spaces by 1.0 per cent, holiday apartments by 1.2 per cent and holiday houses by 3.2 per cent.
Following the same trend as the corresponding months of 2020, the first months of 2021 were greatly affected by the coronavirus pandemic and the. ....