IS CYPRUS THE NEXT REAL ESTATE GROWTH MIRACLE?
In April 2017, Norwegian investment manager Stig B. Myrseth at Dovre Forvaltning published an article in “Finansavisen” about Cyprus as a probable future real estate goldmine.
Among other things he says “I recommend keeping a close eye on Cyprus, which could be the next growth miracle thanks to its favourable tax regime combined with a stable democracy and well-functioning legal system.
The financial calamities and the recession have led to a real estate market bloodbath in recent years. However, I will not be surprised if those who buy at bankruptcy prices now are highly rewarded in the years to come.”
Go to “Investing in Cyprus real estate” on this website for more.