🇨🇾Cyprus
Issue No. 271
Will you buy a house in Cyprus if you have to save two years?
The new BestBrokers calculation shows the harsh reality: an average apartment of 108 square meters costs 305,296 euros. A standard 20% deposit would take away almost all of an employee’s income in a year and a half.
For most buyers, the wait will take much longer. The mathematics of the market cannot be fooled, and prices continue to rise faster than wages.
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