FinancialNews App

Nine Bridge Media Ltd

GET - on the Play Store

Home Blog Page 4

Ideal Locations for making Your First Investment

Locations for Investment

Are you considering making your first investment?

Pandemic or not, everyone should continuously find ways to grow their cash flow.  One of the best ways to make your money work is through investments.

If it is your first time investing, it is essential to select the ideal locations that provide high investment returns. Expert firms with significant expertise in real estate investments can identify these types of investments and evaluate each location.  

Places that combine location, business operations, opportunities, and quality of life are considered ideal for a first-time investment. 

Ideal Real Estate Investment Destinations

  1. Limassol, Cyprus
    Limassol is an ideal destination for business and pleasure.  Limassol has the biggest port in Cyprus, which makes it one of the leading destinations for tourists. With the recent development of Marina and the old port, Limassol makes itself the forefront of Cyprus’ economic growth.

    With its completed construction, such as the Oval, the One, the Parklane Luxury Collection, and Spa, and the most prominent casino resort in Europe, Limassol is considered an ideal investment destination.

    In Limassol, the actual state for rent is in high demand due to its increasing population, business activities, and infrastructure development. In the past years, there has been a growing number of investors in Limassol.

  2. London, UK
    London is an excellent place to invest despite its recent economic downturn. It remains to be one of the financial centers vis-a-vis New York. In fact, it is the perfect time to buy real estate properties in London because it is now more affordable than in previous years.

    According to Compare the Market, several areas around London’s center offer real estate properties at reasonable prices. These areas have all the potentials to generate a great return on investments in the future. Among the areas expected to experience an economic boom are Canary Wharf, Earls Court, Old Oak Park, and Croydon. It is noteworthy to mention that London’s real estate rental market was not affected by the pandemic effects, and it stills provides a high return on investment to property owners.

  3. New York, US
    Known as the “Big Apple” and the “city that never sleeps,” New York remains to be a land of opportunities, not just for job seekers but most importantly for investors. The Wealth Report named New York, particularly Manhattan, as the number one county in terms of wealth, investment, and lifestyle.

    Facebook, Amazon, and Google have also chosen New York City for their expansion. Thus, it is now called the East Coast Silicone Valley. With all of these happening in New York, your real estate property investment holds a great future. 

    In fact, 75% of New York residents are renters.  For that reason, investors usually invest their money in condominium apartments and studio size spaces since they are in high tenant demand. Even though, according to the Castle Avenue Team, real estate buying prices went down from 7% to 10% as a backlash of COVID-19, the rental market still shows an upward demand.

  4. Las Vegas, U.S.
    The economy in Las Vegas is steadily recovering and has reached new heights this year. As a matter of fact, Las Vegas has recorded the lowest unemployment rate, 3.5%, with lots of new job opportunities coming in. The Las Vegas economy’s primary income source is tourism and gaming, making it the world’s Top Tourist destination.

    In recent years, Las Vegas commercial real estate market had experienced an economic slump. Due to this, investors can find distressed properties at a fraction of their original price. These properties are being assigned for disposition, such as office buildings and other retail spaces.

    Apart from this, most Las Vegas residential estates are for foreclosure. Investment financial, real estate analysts are looking at Las Vegas today and thinking of the future.

  5. Boise Idaho, U.S.
    Investors are looking toward Boise, Idaho, recently because of its promising future. The U.S. Census Bureau identified Idaho with a net migration average of 19,000 people per year.

    Boise has a balance between urban and rural with a high livability rate. It has a stable economy with only a 2.9% unemployment rate. The Business Insider identified Boise as the third favorable location to find an available job.

    The best areas to invest in Boise are East Boise, North End, Downtown, Central Bench, West Boise, Meridian, Nampa, and Caldwell. According to weknowboise.com, the Boise Metro Area is setting a new record because of high buyer demand compared with low supply.

  6. Dubai, UAE
    Dubai is considered as the city with a high return on investment opportunities. The country’s most prestigious real estate developers have a steady flow of projects that offer investors attractive prices and payment plans.

    Because of Dubai’s continued growth and development, there is a continuous flow of job opportunities. Dubai attracts tourists from different parts of the world. Among the best areas identified as the best places to invest are Barsha Heights, Dubai Sports City, Dubai Marina, Jumeirah Village Circle, and Business Bay & Downtown Dubai.

    Another lucrative investment in Dubai is its financial market, such as bonds, mutual funds, stocks, exchange-traded funds, and gold.

  7. Mexico’s Riviera Maya
    Riviera Maya is the second most visited place in Mexico. Riviera Maya is a coastal region with plenty of beaches, archeological sites, and ecological reserves. Retirees choose Riviera Maya for its tranquil lifestyle.

    The influx of tourists in this place makes it more attractive and ideal for investment. Unlike the United States, Mexico’s real estate properties are more affordable but with a high capital gain.

    Riviera Maya is an ideal destination for investing in because of its prime location, increasing infrastructure, and growing tourism.

  8. Lisbon, Portugal
    Lisbon is another tourist hotspot that has been attracting investors from around the world. Lisbon has been awarded the World Travel Award for the best destination in 2017 and 2018. Its thriving economy is one of the reasons why Lisbon is an ideal location for investment.

    Portugal’s government offers foreign investors many incentives such as the Golden Visa benefit, Non-Habitual Residency Program, Start-Up Visa Program, and other tax incentives. The growth of Airbnb in Lisbon makes it more profitable to invest in real estate.


Final Thoughts
If it is your first-time investment, it is wise to study the ideal locations we have provided and discuss your options with your financial advisors and real estate experts.

When investing in, the most important thing is the market’s comprehensive knowledge, a well-drafted investment plan, and a professional real estate investment expert.  

As Warren Buffet advises, “Never invest in a business, you cannot understand.”

How to handle your Stress when Buying a House

Cope with stress

One of the most challenging tasks you will encounter as an adult is buying a new house. The amount of stress you must deal with when buying a house is sometimes overwhelming. There are a plethora of things that could go south while purchasing a house, like:

  • Delays for third parties
  • Difficulties in finding the perfect house
  • The property that was bought was not what was expected
  • Problems that may occur until the completion day
  • Issues with the removals company
  • Issues with getting a mortgage
  • Communication problems with the surveyor or real estate agents

The process of buying a new house can be incredibly stressful, and the ones mentioned above are just some of the issues you might face; there are tons more to deal with.

Coping with the stress of buying a new house is quite tricky, but you can do some little things to minimize the amount of stress you are getting, i.e.

  1. Plan Ahead

Planning way before you start any action in buying a house is one of the best methods you can use to confront your possible stress. Planning takes time, but it worth it once you start looking for a house.

First of all, know exactly the amount you want to spend on your new house. If you know how much you will pay, you won’t have any money troubles when the time comes because you’ll be more prepared.

Next, plan the type of house you want. For example, decide whether you want a bungalow or 2-story house, or if you want to have more than one bedroom. Also, you have to plan where you want to live to do some research before proceeding with buying a house.

Moreover, don’t forget always to have a backup plan so that if in case you won’t get what you initially want, you can still go with plan B. This plan will help you to avoid the stress of not getting what you always wanted.

  1. Find a Good Real Estate Agent

Honestly, finding an excellent real estate agent you can trust is hard work, but it pays well. This is because some agents are just in it for the money and don’t really care about their customers.

To find good real estate agents, you may try asking your family, friends or perhaps, some experts in this industry for any advice that might help. Also, investigate your real estate agents so that you will know their background whether they are trustworthy or not.

If you have the capacity and enough money to do so, try looking for a realtor instead of a real estate agent. Realtors are the real professionals in real estate and are more trustworthy the real estate agents.

Finding the perfect real estate agent is just one of the many things you can do to lessen the stress you can acquire from buying a house.

  1. Talk to Someone

Talking to a friend or family member is actually a great help for overcoming your stress. You may encounter problems while buying a house, and these problems can cause a lot of pressure, but sharing these problems with someone you trust can lift a little bit of load off your shoulders.

  1. Practice Gratitude

This technique doesn’t just apply to the stress from buying a house but will also apply to any stressful situations that you may encounter in life.

First of all, be thankful for the little things you have, like having the chance to buy a new house. Some people don’t even have the luxury of staying somewhere with a roof.

Being grateful for the blessings that come into your life, even if some are minuscule, is a way to exercise your mental health to feel just a little stress when things don’t go right.

  1. Let It Out

It is indeed stressful when you want to buy a house. Sometimes few things might not be as planned. So, if you can’t think positively, you can always let it all out. Just let all your anger and frustrations out, and then start thinking about how you can recover.

Putting your emotions inside a bottle instead of letting it all out is just going to add more strain to your mental health.

Not letting your emotions out can save you from the trouble of heartbreak, but it will just be more stressful for you in the long run.

  1. Think About the Future

What better way to cope with stress than thinking about the future you will have with your brand-new home?

Just think about the good things that will happen once you move to that new house of yours. Remember that you are free to enjoy it as much as possible once you buy the house.

  1. Save Enough Money

The most stressful factor of buying a house is the cost. If your dream house worth a fortune, it would be best to save enough money before purchasing that house. It is essential to confirm that you have no pending credits because this will add more stress.

A new house is never really cheap. It may take you some time to manage to save up a fortune for the house but buying a home when you are under-budget only brings tremendous stress.

Also, never be in a rush when buying a house; you may end up buying a place that you don’t want to live in.


Final Thoughts
It is not easy to cope with the stress you accumulate when buying a brand-new house. The pressure will always be there, you cannot avoid it, but you can lessen the stress if you plan ahead your actions.

Sometimes, it may seem overwhelming, but you just have to push through to the end and just deal with any of the problems that may arise.

12 Moving Tips That Will Make Your Moving Process Easy


You have found a better house, and it is time to move! Right Now, it is time to figure out how to move everything without spending too much money or causing damage to your fragile lamp or dressing mirror.

Maybe you have not had so good experiences with moving in the past, and the thought of moving is giving you anxiety.

Moving does not have to be a stressful process. With the right amount of planning and organization, moving can be fun and inspirational since it is the beginning of a new start.

Easy and Practical Moving Tips

  1. Declutter Before Packing
    You probably have household items that you do not use. Chances are, even after moving, you will not use these items. Thus, when you are already packing, they will take up more space than what is necessary.

    Therefore, before you start packing, identify items that are unnecessary or unused. You can sell them or donate them. Getting rid of them will ensure you have less stuff to pack and more space for important things.
  1. Categorize Your Stuff
    Organize your things by category and not by room. For instance, put the kitchen items together and clothes together. With that said, instead of spending the entire afternoon packing clothes from your closet, get all your clothes in one room. After this, start sorting them.

    Repeat this process for different items. Go to the kitchen and get kitchenware together and start packing them into the cartons. Do the same for shoes, books, essential papers, and others. When it gets to packing, label the stuff by category.
  1. Research Moving Companies
    Even if you may have private means, you probably need to hire a moving company. They are professionals; thus, they will make moving an easy process. Aside from this, they are efficient and will get the work done faster than doing it yourself or even with help.

    A moving company will make the difference between a smooth moving experience and a frustrating one. Therefore, you need to research to ensure you get the best company. Since Google will be flooding you with moving companies, be sure to go through the company reviews.
  1. Choose the Right Day to Move
    When will you be free? Remember, moving companies are usually busy on weekends. Therefore, you need to pick a moving day and inform them in advance to book a slot. If you can be available on a weekday, you might even get a discount.

    Also, it is best to hire movers at least 30 days in advance. Doing so will allow you to prepare accordingly. If you have a flexible working schedule, you can check which date is most convenient and settle for the month’s best time to schedule your appointment.
  1. Identify which is the Best Method to Move
    Mostly, the method which you use to move depends on how far you are moving. Are you moving to a neighboring state or across the country? Regardless of where you are moving to, you need an efficient travel route to save on time.

    Therefore, map out the best route to use when traveling to your new home. You wouldn’t want to get stuck in traffic or keep typing the address on your GPS. When mapping out a route, check potentially scheduled highway constructions to avoid inconvenience.
  1. Come up with a To-Do-List
    Moving can be smooth and fun, or it can be hectic. It all depends on how you plan. There is probably so much to do when moving. So chances are, you will forget half of what you were supposed to do.

    Therefore, to ensure these essential tasks don’t slip your mind, no matter how obvious they may seem, create a to-do-list. Write down what you need to do. You can use an app on your phone or manually write them in your notebook. Remember, no detail is insignificant, so write it down.
  1. Set Reminders of your Moving Tasks or Write them on your Calendar
    Besides writing a to-do-list, you can take your level of the organization up a notch. Have your moving tasks in a reminder app, or mark them on your Calendar.

    For instance, Monday: Call the moving company, Tuesday: Sort through the clothes, Wednesday: Get boxes, Fridays: Donate extra items.

    Breaking up your tasks by day will make them seem more manageable. Aside from keeping you more organized, you will also look forward to them.
  1. Get Moving Boxes
    If you already have boxes, make sure they are enough to pack in everything. On the other hand, if you do not have boxes, you need to start getting them.

    You can check out a wholesale shop near you. Alternatively, you can also check at any liquor store in your area. See if they recycle boxes and if you can grab some for your moving boxes. Ensure the boxes you pick are not worn out and can hold your items securely.
  1. Original Boxes of your Items
    After unpacking a new item, for instance, electronics, we tend to throw away the boxes. However, if you kept them, that is a plus. You probably think your TV can withstand the drive to your new home.

    While it can, electronics are fragile, so the best way to move them is by placing them in the initial box you purchased them in.

    Check to see if you may have the original boxes in your store, or maybe the garage. If not, you can buy other cartoons and cushion these devices. You can use bubble wraps, quilted blankets, or sturdy tapes for delicate items such as TVs.
  1. Call in Favors Beforehand
    Would you like help packing from your friends or family? Strive to inform them early enough.

    Be courteous to inform them some weeks before your actual moving. You can call them and schedule the meet or send them an email to ensure you are on the same page.
  1. Start Packing
    Packing ahead is easy and less stressful compared to packing everything in a day. Moreover, you will be packing at your own time, so it’s less likely that you will forget or miss out on anything.
  1. Don’t forget to change your Address
    Most people forget to do this until weeks after they are settled in their new home and realize they are not getting any mail.

    Always change your address a week before moving. It will ensure that your bills, mail, packages, and credit card statements will be sent to the correct address on time.

Final Thoughts
With the tips mentioned above, moving will be simple than ever. Remember to schedule a date with your preferred moving company a month prior. Also, if possible, move on a weekday to get a discount.

When packing, sort your items by category and mark the boxes. Remember to cushion fragile items such as glasses, mirrors, and TVs.

Write down any moving tasks to avoid them from slipping your mind. Ensure you change your address a week before moving. Good luck!

What to Look Out For When Getting a Mortgage


Buying your own house to build your family is one of the many crucial steps to take to ensure stability. However, it would most likely be the costliest purchase you will make in your lifetime.

Most of the time, a buyer may not have that much money on hand, which means he/she will need to take out a mortgage to purchase it. With that said, there are a lot of possible pitfalls that you could fall into if you aren’t too careful.

As such, this article will guide you on some of the things you need to consider and mistakes to watch out for when taking a mortgage. These will help you avoid any complications on the way.

Checking your Credit Before Starting
A common mistake many mortgage takers make is being negligent in checking their credit before starting the process. This practice can catch you in surprise when you receive your credit report, and this is something that you do not want to happen.

Not checking your credit will eventually make you lose money along the way, or worse, the house you intend to buy. To avoid this, check your credit before you start shopping for your dream home. If necessary, clear out some of the errors on your report, which may take a while to fix.

You have the right to a once-a-year free credit report from Experian, Equifax, and TransUnion, and they can fix the errors if there are any. The three bureaus will correct the error within 30 to 45 days.

Simultaneous New Credit Application
Applying for a new credit card while taking a mortgage will make your credit score drop because of the application check, which will last about 12 months. This may negatively affect the credit you already have, which also applies to closing old accounts.

The best thing to do is not open or close any credit line and watch what you’re doing. Stray away from other credit applications and keep paying on time, and you’ll be fine.

Opting on a Mortgage Lender without Checking Other Possibilities
Building trust between you and your mortgage lender will give you an advantage in the pre-approval period, which means less time wasted on the application when you have the contract signing.

Although the interest rates and terms are similar between lenders, the difference will be evident in the naming of final fees depending on the lender. Thus, it is wise for you to ask about title insurance fees, document preparation fees, and attorney fees.

To ensure that you’re dealing with the right lender, connect with relatives and close friends, and ask about their experience with their mortgage lenders.

This way, they will be able to recommend you to a few promising ones you can converse with before you make your choice.

Pre-Approval Process
Pre-approval would be extremely helpful in giving you a clear idea of the specifics you will work with. The pre-approval will include the interest rate, monthly payments, insurance cost, etc. Also, pre-approval makes the process faster, given that you have gained the lender’s trust.

You can quickly be pre-approved by asking for it and preparing the necessary paperwork, which may include the following:

  • W-2s
  • Tax returns
  • Bank statements
  • Pay stubs
  • Necessary loan documents

Accepting an Excessive Loan
You have to make sure that you’re able to cover all the expenses needed for your new home, so taking on a loan you can barely afford would not be a wise choice. Eventually, if you keep missing payments, you’ll end up losing it.

To avoid this mistake, you should make sure you consider the property taxes, maintenance cost, and homeowner’s insurance fees that will run around 1% of the house value per year.

A great choice would be to ask for the sellers’ utility bill copies for 12 months. Upon pre-approval, lop off 20% off the lender’s maximum numbers to avoid being stretched too far.

Signing Documents You Did not Read Thoroughly
Taking a mortgage for a house is not as easy as many people think it is. Many buyers either do not ask enough questions or do not read the terms and conditions.

Knowing what’s on the contract and documents before signing will save you from possible fraud and excess payments. Regardless of your relationship with the lender, there’s nothing to lose with having sufficient knowledge.

The information you need to know are as follows:

  • Type of loan
  • The payment from start to end
  • The interest rate
  • Closing Fee

Most if not all creditors will ask you to pay for the insurance and taxes as soon as possible, so you should be aware of this as well. Note that the tax payments will affect the final amount to be paid during the closing period.

Timing the Market
Paying for your dream house at a lower rate is tempting. Thus, many people try to delay the process while waiting for prices to drop down or try to reduce the price as mush as possible.  

However, this practice is not as good as it sounds because the difference may be too little and cause the buyer the opportunity to acquire a great real estate unit.  

Better yet, if you’re ready and found the perfect house for you and your family, then go ahead and grab it and do not bother with timing the market.

Now that you have gone through the mistakes you might make along the way; you are all set to make your move in taking the mortgage for your dream home while taking the necessary precautions.

Hopefully, these will make you feel safer and assure you of a smoother mortgage process. Once you’re sufficiently prepared, you may start finding your mortgage lender and ideal house as soon as you can.

How to Make your Space Feel Larger.


If you do not have enough space, making it livable by decoration can be very challenging. Fortunately, many visual tricks can marvelously expand the appearance and feel of your space.

Below you may find some tips on how you can make your space feel larger.

  • Lighting

When it comes to lighting, an installation of scones can add brightness without occupying a lot of surface space. We recommend not to choose a low-hanging pendant because it will make your area feel smaller and more cramped. Instead, choose a feature that draws the eye up. You could also try flush mounts because they bring in light from above and ensure that sightlines are kept clear. Lastly, bring in floor lamps that will help combat dark corners and add height.

  • Rugs

Placing some rugs is an excellent idea since they will add a hint of warmth without visually shrinking your space. Use mats to divide one room into smaller areas. This practice will fabricate the aspect of having more than one space in a large area. Ensure that you choose the sizes of the right rugs if you wish your room to feel larger. Ensure to choose the right rugs size, as it affects the space directly. Secondly, choose light-colored carpets because lighter tones reflect light creating an overall sense of spaciousness, whereas darker rugs absorb light making your space appear smaller.

  • Furniture

To make your space look larger, tidy, and organized, ensure you go for fewer larger pieces over a bunch of small items. Less is usually more so; instead of a set of chairs and a couch, choose narrow furniture to maximize a tiny living room and decrease the look of clutter. Also, ensure kitchen cabinets go as high as the ceiling to draw the viewer’s eye up and create a false appearance of taller space. Also, you can choose statement furniture that fills the room. We recommend including types of furniture with exposed legs because they are perfect for a small space and create more open space than those that have a skirt, are boxy, or are placed directly on the ground. Include materials that allow light to pass through like Lucite and glass because they take up less space.

  • Mirrors and Art

It is important to use mirrors in all places because they diffuse the light around, making space feel larger. Strategically place mirrors to achieve the illusion of more space. We suggest placing mirrors across from the windows to reflect the light and make the room feel larger. Alternatively, you can place a large window behind an end table for a glamorous visual art genre that makes it look like a whole other space. Opt for oversized and extensive art since it makes a room appear larger in scale. If you have high ceilings, hang art high by ensuring you take your treasures, framed artwork, and photographs up.

  • Paint and Wallpaper

To make your space feel larger, you need to draw the eyes to the ceiling by adding patterns and fabulous dash colors. Anything that can draw the eye upwards can make any room feel larger.

  • Curtains

It would be best if you disguise the ceiling’s appearance to make it seem taller and make the windows looking larger by fixing your curtain rails near the ceiling and lengthening it wider than the window. Ensure that you let the light in by trying gauzy curtains that maximize sunlight and making space feel larger. You could also leave the windows uncovered to add more depth to the room. Use a transparent shower curtain in a small bathroom to make space appear larger. If you are worried about privacy, use blinds instead of curtains.  Remember that darkness makes space feel smaller.

  • Pattern

An elongated and striped runner makes a narrow room appear bigger. Go for vertically striped wallpapers because they make space appear larger. Go for small-scale patterns to create balance and make the room feel proportional to the print size.

  • Color

It is advisable to stay neutral when it comes to color because rooms in neutral tones allow more visual space, whereas rooms with darker colors tend to appear more restricted and smaller. After all, darker colors absorb light instead of reflecting it. Use light colors on the walls of the floor. Choose furniture that resembles the walls in color as this will mix perfectly well, thereby making visual space appear larger.

  • Pull Your Furniture away from the walls

If you pull the furniture away from the wall, even just a few inches, it creates an illusion that adds more space to the room. Pushing your furniture up against the walls will only make the room appear smaller and restricted.

  • Color your shelves

You need to color-code your shelves to achieve a sense of structure. Go for anything that makes a group of smaller items look well-arranged, making space appear larger.

  • Break the rules

Just because it is a living room, it does not mean you need a sofa, a coffee table, and a TV. Unexpected layout and pieces of furniture can make your space more open and generally fun. Maybe you want a bean bag for a chair or a swing inside, or perhaps you want both.

  • Design a Glide-Through Flooring

One flooring kind all over your home will lead to a significant difference in the appearance of your space. You can lay floorboards in several rooms like the bedrooms, kitchen, and living room as this is a great solution that can make space feel larger.

  • Remove The Doors off

Taking internal doors off can be a solution if banging through room dividers to create bigger openings is not an option. You could also replace the typical door with a sliding one to create valuable floor space. These changes might function well in rooms with cupboards or bedrooms and bathrooms with closets. Every millimeter counts in confined spaces.

  • Mind Restraint

Lastly, you should ensure that you decorate your place with restraint if you do not have a large space and the freedom to add multiple decorative items.

Bigger spaces are not always better. Even smaller spaces can look stunning if you maximize the area with the right tricks to make it look more spacious and cohesive. Consider the tips above and make the most of your property.

Thriving Real Estate is the Top Investment choice in Cyprus


Governments and economies in general, are heavily depended on local and foreign investments in various industries blooming in their jurisdiction of interest.

The intriguing thing about investments though, is the uniqueness of each case which requires careful research, planning and execution.

There are several objectives to be taken under consideration in order for the investment to be materialized and generate profit short term or long term.

It is noteworthy to mention that the international market offers limitless combinations of investment opportunities depending on the traditional economy of the chosen jurisdiction.

Cyprus couldn’t be missing out on investment opportunities in various industries as it is widely known to be a business hub with several markets thriving while others looking very promising.

Overcoming the 2013 financial crisis, the downgrade to “junk” creditworthiness, the Bailout program and the implementation of the AML directives, has led Cyprus to rise back up, reestablish itself as a thriving business hub and regain its reputation as a stable and dynamic business center offering numerous investment opportunities.

Real Estate is a traditional type of investment in Cyprus which is greatly encouraged and boosted by the successful implementation of the Cyprus Investment program. This particular investment program is a highly valuable incentive because it attracts High Net Worth Individuals and promotes foreign direct investments.

Currently, Real Estate sector offers several opportunities with great prospects on both residential and commercial units all over Cyprus which promise a quite safe initial capital investment, capital appreciation and exceptional Return On Investment.

Taking everything into consideration, Cyprus is a small Mediterranean island with enormous investment opportunities. Investors as well as individuals have a great variety of deals to look into, in an established business center with exquisite development prospects.

Real Estate: The blooming industry is a priority for investors


The economy of a country is usually based on various sectors, depending on each jurisdiction’s characteristics and trends.  Governments build their investment plans around those particular sectors in order to attract investors and further improve the overall financial stability of their country.

On the opposite side, investors looking to expand their business and invest in a thriving jurisdiction, must take into consideration a number of factors before making their decision where, when and how to invest. For that reason, there are specific questions to be answered beforehand, such as what their main goals are when looking for investment opportunities, what industries are blooming at that particular jurisdiction etc.

The investment decision is not an easy task and sometimes involves risk and all things considered, the sole purpose of every investment is capital increase, either on short-term or long-term basis.

Being a European Union member state and a widely recognized business hub, Cyprus offers various investment opportunities in a number of industries.

However, Real Estate industry in blooming in Cyprus and has been for the past few years, offering numerous opportunities for investment along with the traditional investment opportunities in tourism, shipping etc.

The Cyprus Investment Program is a significant booster which, when successfully implemented, encourages foreign direct investments (FDI) and attracts High Net Worth Individuals to settle and conduct their business activities in Cyprus. Today, there are numerous attractive opportunities in real estate all over Cyprus, both on commercial and residential units, that promise a relatively secure initial capital investment, an excellent Return on Investment (ROI) and capital appreciation.

Tourism is the second strongest industry with various investment opportunities due to the excellent weather conditions in the island and of course, past investments to further develop the tourism sector in Cyprus.  This particular industry is quite competitive and is constantly upgraded offering investment opportunities classified as premium, especially when large scale projects are involved.

According to the World Data Atlas, “In 2017, the contribution of travel and tourism to GDP for Cyprus was 22.3 %.”

Additionally, Deputy Minister of Tourism, Mr. Savvas Perdios, has stated that “the tourism industry has the long-term potential to contribute to Cyprus’s economy by 25%.”

Being a small island with two major ports, Cyprus offers high quality shipping services renowned for its appealing legal framework and trustworthy operational infrastructure. The solid foundations set have established Cyprus as the 3rd largest ship management jurisdiction in Europe with a substantial share in the worldwide merchant fleet market.

Taking everything into consideration, Real Estate is top investment in Cyprus with countless opportunities for development and financial boost and should be top priority for every investor.

Cyprus Economic Pulse



Cyprus is the third largest island of the Eastern Mediterranean area and is strategically located between three continents, Europe, Asia and Africa.

It is a European member state since 2004 and Eurozone member since 1st of January 2008.

Greek is the official language; however, English is one of the most popular foreign languages spoken in the country followed by Russian.

Cyprus – The Safest Country in the World

Cyprus is classified as the fifth (5th) most secure country in the world of a total of 107 countries, in a recent international research contacted by Value Penguin. The criteria of the research took into consideration the life expectancy, number per 100k people, population, carbon dioxide emissions (CO2), traffic deaths, thefts, assaults and country policing.

Also, the same research ranked Cyprus as the first (1st) safest country in the World at the category of less than 5 million population.

Safest Countries
Source: ValuePenguin and FBI

Cyprus Taxation and Legal System

Cyprus operates in an open and market driven economy and is considered one of the most favorable jurisdictions in Europe, due to its straightforward taxation system and the investment incentives offered in various sectors. In fact, the growth of the Cyprus Economy is strongly supported by the governmental authorities, therefore the economy is constantly evolving with a healthy pace.

The Legal system is based on the English common law system with strict regulations that safeguard investments, intellectual properties and business operations.  

Cyprus Economy at a Glance

Cyprus economy as per PwC report for the first half of 2019, published in November 2019, revealed that Cyprus GDP will continue to grow in the forthcoming years.

According to PwC, “Cyprus exhibited strong GDP growth for the third year in a row (3,9% in 2018), maintaining its position as one of the fastest growing economies in the EU. Based on the latest IMF forecasts (April 2019), the growth is expected to reach 3,5% by the end of 2019 and it is expected to ease further in the medium term”.

As demonstrated by IMF, the growth of the Cyprus Economy GDP is higher than the European Union real GDP growth and this is due to the international economic policies and investment incentives that Republic of Cyprus offers, for attracting foreign investments.

Source: PwC | Cyprus Real Estate Market First Half in Review | H1 201 | click to see the full report |

On the other hand, based on European Commission economic forecast for Cyprus, the unemployment percentage rate will continue its rabid decline, the public budget balance (% of GDP) will maintain its surplus and the gross public debt (% of GDP) will continue to steadily reduce.

Source: European Commission Economic forecast for Cyprus

Cyprus is among the 10 smallest countries of Europe and ranks on the 10th place on European countries GDP growth forecast according to the Summer 2019 Economic Forecast – Statistical annex of European commission.

In addition to all of the above, Cyprus solvency has been upgraded by the acknowledged rating agencies DBRS, Fitch, Moody’s and S&P. 


BBB (low)


Nov 15 2019




Oct 11 2019




Sep 20 2019




Sep 14 2018

Source: Trading economics

The main sector pillars of the Cyprus economy are tourism, real estate, financial, professional and administrative services, public administration and defense. 

According to CyStat and KPMG Analysis of the Cyprus Gross Value Added (GVA) by sector 2018, tourism, wholesale and retail trade sectors contribute 25%, financial professional and administrative services sectors 20%, real estate and construction sectors contribute 16%, public administration and defense contribute 19%, adding up to 80% of the Cyprus GVA.


Cyprus Real Estate Market at a Glance

Moreover, Cyprus Real estate market is constantly increasing.  As stated by PwC: “During the first half of 2019, transaction volume totaled €2,5bn, demonstrating an increase of 25% compared to the first half of 2018. The significant growth observed, appears to have been fueled by a surging flow of foreign capital in the residential property sector.”

Source: PwC

Source: The analysis was based on data from the Department of Lands and Surveys (DLS) relating to contracts of sales and sale transfers, extracted on 4/9/2019. Note: The above figures do not include :(i) Debt for Asset Swap transactions (DFAS), (ii) transaction of real estate through the sale of company shares or funds units (Share Deals) and (iii) any other transactions not filed or adequately recorded at the DLS. 

According to the DLS and PwC Analysis, the Real Estate sector in Limassol contributes 44% on the overall sector value in the first half of 2019 and 33% on the number of properties sold.  Whereas, the city of Paphos comes second with 25% in terms of total sector value and 22% on the number of properties sold, followed by Nicosia with 15% in terms of total sector value and 21% on the number of properties sold.

In addition, the residential property sector consists of 77% of the total value of transactions in the real estate sector, divided by 43% in residential apartments and 34% in housing.

According to 2019 KPMG study, “sales of high-end properties at the first half semester of 2018 increased by 8%, whereas 63% of the transactions were located in the city of Limassol”.  

In Cyprus and especially in Limassol, there are many attractive opportunities in real estate commercial and residential units that promise an exceptional Return on Investment (ROI) and capital growth.  

Except from enjoying the benefit of the Cyprus favorable taxation system, through their residential investment, entrepreneurs may be eligible to apply under the provisions and requirements of the Cyprus Investment Program, on the basis of subsection (2) of section 111A of the Civil Registry Laws of 2002-2019.

Nowadays, there are many promising new developments taking place on the island such as:

  • The integrated luxury resort and casino called “City of Dreams Mediterranean” with a completion date in 2021. A world class development, one of its kind in whole Europe, in Limassol.
  • “Limassol Marina”- A multi-million project with residentials and commercial units that are built by the sea. A large development project that offers apartments and villas, yachting, dinning and shopping, spa and fitness.   
  • “Ayia Napa Marina” – A seafront living in the Mediterranean with apartments, villas, yachting, commercial center, dinning and entertainment, fitness and spa.
  • “Del Mar”- A world-class seafront development, in ultra-desirable coastal area of Limassol in Cyprus, with unobstructed sea view offering ultra-luxury residences that will enjoy in-house services, concierge, exceptional facilities and an exclusive high-end shopping and dining plaza.
  • “One” – A striking, commanding and the tallest seafront residential high-rise superstructure in Europe, offering residential units with an uplifting level of light, incredible sea views, open, generous space and the refinement of detailing.
  • “Trilogy” – The largest mixed-use sky rise development in the Mediterranean region – a trio of shimmering beach front towers offering residential and commercial units, surrounded by a bustling inner plaza, right in the heart of Limassol’s affluent waterfront. 
  • “The Icon” – offering 54 sophisticated high-end residences on the Mediterranean coastline.  A project that is designed to house exclusive residences and a spectacular infinity pool and restaurant on the 10th floor with uninterrupted views of the Mediterranean Sea.
  • And many other smaller scale high-end apartment projects that promise an excellent ROI and capital appreciation.

Cyprus is, definitely, an attractive and friendly foreign investment island country that investors should strongly consider, since it combines business with an exquisite way of living.

Cyprus – Natural Beauty, Investment Hub, Quality of Life


Words cannot even remotely describe the Mediterranean paradise island of Cyprus.

Its geographical position (Europe, Africa and Asia) are connected through Cyprus), countless natural beauties and the overall prosperity resulted from the ongoing business development, have established Cyprus as a significant business center and enhanced the quality of life for the island’s residents.

The golden beaches with the world-famous crystal-clear waters, the rich cultural and historical legacy as well as the countless picturesque landscapes with the wonderful waterfalls, have ranked Aphrodite’s island as an attractive holiday destination suitable for everyone.

The criminality levels are quite low, and this is the reason why people who consider relocation prefer Cyprus to gain a higher quality of life in a summery and safe destination.

The total population of Cyprus is 904,622 (2020) in an area of 9,250 km2 and with a coastline of 648 km. The island’s capital is Nicosia, Limassol is the second largest city followed by Larnaca, Paphos.

Cyprus is an EU member since May 2004 and the currency used is Euro (€) since January 2008.

Cyprus has two multi-purpose ports, one in Limassol and one in Larnaca, which handle both passenger and freight cargo while offering logistics services.

Additionally, there are two international airports, one in Larnaca and one in Paphos, which welcome and serve around 10 million visitors every year and are connecting the island to famous destinations all around the world.

The Cypriot hospitality and the island’s vivid nightlife make Cyprus world famous. World famous clubs (Guaba Beach Bar No. 17 in the world), exquisite restaurants, amazing bars and beautiful landscapes are only few of the reasons why foreigners prefer Cyprus for relocation, investments and business purposes. 

Considering all the above, it is no surprise that investors gain a lot when investing in Cyprus as the island is an attractive, business hub with multiple incentives and tax favorable regimes for establishing a business in Cyprus.

Established Double Taxation Treaties with more than 67+ countries, 12.5% corporate tax, one of the lowest corporate tax rates in Europe, Effective tax on royalty income of 2.5%. (subject to conditions), Exceptional taxation regime for shipping corporations, VAT exemption for international transport services when the effective use and enjoyment of the services taking place outside the EU etc, are only some of the numerous incentives offered to investors in Cyprus.

Choosing the appropriate family friendly  destination for relocation, business expansion and investment, is not an easy and lighthearted decision.

When considering all the above, Cyprus is the Queen of the Mediterranean.

A beautiful, natural gem which perfectly combines the ideal family destination with the business growth jurisdiction.

Abu Dhabi – Prospering Environment



The Emirate of Abu Dhabi is the United Arab Emirates (UAE) capital. The name Abu Dhabi translates in Arabic as the “Land of the Gazelle”. The name is inspired by the fact that the emirate was founded due to the tribe being led to an island with fresh water by a young antelope.

Abu Dhabi is an archipelago due to the 200 islands stretching along the coastline. 

There are three different regions. The first one is the capital and its surrounds, the second one is the Easter Region – Al Ain and the third one is the Western Region – Al Dhafra.

It is a modern and vibrant capital which combines elements of tradition and modernity. It is characterized by its “geographically diverse scenery, rich culture and history”.  “It maintains a more distinctly Arabian ambiance than glitzy Dubai”.


Abu Dhabi is a world-class destination with a diverse range of leisure, entertainment, and cultural attractions.

The Abu Dhabi Department of Culture and Tourism recorded 11.35 million international visitors in 2019 which is 10.5% increase from 2018. Also, according to the Department of Culture and Tourism of Abu Dhabi, the bigger number of tourists came from United Arab Emirates (1,165,071) India (403,457), China (210,089) and United Kingdom (188,720) (Figure).

International Visitor Arrivals

The Emirate’s government investments, total of 5.8 billion AED, to the Emirate’s leisure, entertainment, and cultural assets, resulted in becoming more attractive to current and potential visitors, as well as to residents from all backgrounds.

Furthermore, many high-profile international events, international exhibitions, conference and live events are being organized in this multi-awarded tourist destination as: Special Olympics World Games, Abu Dhabi showdown Week along with Formula 1 Etihad Airways, Grand Prix, ADNEC etc.

In addition to that, Abu Dhabi’s win of prestigious international awards, the events taking place in the city and the investments placed in advertising and promotion, resulted in expanding even more the awareness of Abu Dhabi and made it a renowned destination for business and leisure.   In fact, the awareness increased by 5% from 2018 scoring a 77% in 2019. 

Moreover, according to Abu Dhabi’s Department of Culture and Tourism, Abu Dhabi had 73% hotel occupancy which is 1.6% higher than 2018.  What is more, the total revenues from the hotel sector reached the 5.8 billion AED with 67% being from 5-star hotels, 17% from 4-star hotels and the rest 9% and 7% from apartments and 1-3-star hotels respectively (figure).

Hotel Sector Revenues per Hotel Class

It is also important to mention that the visitors’ main purpose of visit was: Leisure (58%) Business (16%), VFR (11%), Transit (11%) and Other (4%).

Abu Dhabi’s experience records showed 84% overall satisfaction, and 89% willingness to visit again.

On top of that, in 2019 Abu Dhabi accommodated more than 250 business events which attracted hundreds of thousands of professionals from a wide variety of industries.  At  the same year, Abu Dhabi won the ‘Middle East’s Leading Business Potential’ at the World Travel Awards which is a solid indication that Abu Dhabi has the capabilities to welcome an array of world known corporate and non-corporate type of events, conferences and exhibitions.

Furthermore, the Emirate’s Culture and Tourism Department developed several customized campaigns promoting Abu Dhabi to key trade and industry partners, in order to enhance even more the   destination awareness growth and acquire higher inbound tourism.  Some of the key trade and industry partners are Russia, India, China, Australia etc.


The Emirate of Abu Dhabi’s ‘Economic Vision 2030’ aims at achieving economic growth using New Zealand and other countries ‘transformation economies’, as a benchmark to assess and evaluate the city’s economic performance.

The “Economic Vision 2030” focuses on recognizing key areas that the city needs to utilize, in order to achieve economic development. 

In addition, according to the “Economic Vision 2030”, “Abu Dhabi has core commitment to build sustainable and diversified, high value-added economy by 2030.”

Similarly, the city’s 2030’s vision is not only focusing on developing a sustainable economy, but it is also concentrating on social and regional improvement for the Emirate’s population wellbeing.

Seven Pillars of Abu Dhabi Economic Vision 2030

Further to this, the Abu Dhabi’s plans for the sustainable economic, social, and regional growth is forecasted to have a positive impact on the Emirate’s GDP. By 2030 the GDP is expected to reach 6.7% with an economy being significantly less dependent on Oil and more dependent on the private sector.

Moreover, the unemployment rate in the United Arab Emirates was 2.64% in 2019 which is higher than 2018 by 0.7%.  According to the Trading Economics, unemployment rate is predicted to increase to 3% by the end of 2020, then fall back to 2.80% in 2021 and drop even further in 2022 to 2.70%.

Unemployment Rate Forecast
Source: Trading Economics

Real Estate

According to the Department of Municipalities and Transport (DMT) in its 2019 report, the Emirate of Abu Dhabi “recorded $15.8 billion (58 billion AED) worth of real estate transactions”. 

The transactions were consisted of lands’, buildings’ and real estate units’ sales and mortgages.

Real Estate Transactions
Source: Abu Dhabi DMT

Also, the report of DMT indicates that the increase in transactions is directly connected to the growing demand of investors seeking for an environment which has investment potential and provides safety and stability.

Furthermore, the specific report indicates that $18 billion worth of real estate transactions were in Al Reem Island making it the highest on the list.

Yas Island comes second on the list with $925.6 (3.4 billion AED) worth of real estate transactions followed by Al Reef, Al Shanka city with $626.2 million (2.3 billion AED) and $299.5 million (1.1 billion AED) respectively.

In addition, lower in the list comes Khalifa City with real estate transactions worth of $187 million (687 million AED) and Al Faqa with $82.5 million (303 million AED).

Furthermore, according to AmeInfo, the real estate market of Abu Dhabi has seen a decrease in sales prices and rents during the second quarter of 2020; the average sales prices for villas dropped by 1.4% and 1.3% for rent prices. Whereas in the second quarter of 2020, the rental prices dropped by 2.2% for apartments and 2% for villas.

However, the market is confident that the sales volumes will increase in the remaining months of the 2020 due to the incentives provided by developers (i.e.: extended post-handover payment plans, initial service charge waivers and discounted prices) and the proactive public policy response.

In March 2020, the Abu Dhabi government unveiled several measures to support businesses in the Emirate, including the exemption of Tawtheeq real estate registration fees for commercial and industrial entities for the rest of the year. 

Apart from that, according to AmeInfo (2020), Abu Dhabi’s residential sector was supported by the “rise in loan to value ratio for first-time buyers introduced by the Central Bank of the UAE (CBUAE), coupled with the cancellation of the Abu Dhabi Municipality fee, equivalent to 2% of a property’s purchase price, in March 2020.”

The loan-to-value ratios decreased by 5%, meaning that the asking price for deposit to purchase a new home declined from 25% to 20% for first time expatriate buyers and from 15% to 10% for Emiratis.  The experience of Covid-19 pandemic, the increase of unemployment rates and the lower demand for real estate, there have been significant learning outcomes for the real estate sector of Abu Dhabi. 

Based on the figures provided by Bayut for the Q1 of 2020, Al Reem Island remains at the top of the list for being the most attractive area in Abu Dhabi to purchase apartments.  In fact, this area experienced one of the lowest drops in average price per square feet. Also, Al Reem island is not only the most popular area for purchasing apartments, but it is also the most popular area for renting apartments.

Apartment Purchase Popular Areas and Change from Q4 2019 Web

Likewise, according to Bayut’s figures, Al Ghadeer might not be the area with the highest average price per square or the most popular area to purchase apartments, but it is the area with 8.6% in Return on Investment (ROI); the highest ROI of all Abu Dhabi’s areas. Also, it was the only area with a positive increase of 0.8% in the average price per square feet for the Q1 2020.

What is more, according to Bayut’s figures for the Q1 of 2020, the Return on Investment for Abu Dhabi’s areas were ranging between 6.5% the lowest and 8.6% the highest. 

Moreover, based on Bayut’s real estate market analysis, the Al Reef is the favorite option for potential buyers seeking to purchase budget friendly villas situated at a convenient location near the Abu Dhabi’s airport and with great connectivity.

Actually, it is one of the areas that saw an increase in the price per square feet since the Q4 of 2019.

Villa Sales Popular Areas and Change from Q4 2019

Last but not least, in Q1 2020, Mohammed Bin Zayed city proved to be the most desirable area for renting villas in Abu Dhabi followed by Khalifa City A and Al Reef. Mohammed Bin Zayed city is an affordable suburban area with spacious family villas and an array of amenities. It is noteworthy to say that most areas for renting villas and/or apartments, have seen a decrease in the Q1 of 2020 since the Q4 of 2019.

According to Chris Hobden, the Head of Strategic Consultancy Chestertons MENA, the growing numbers of the unemployment rates, the ongoing reductions in the workers’ salaries and the growing numbers of expatriates leaving the emirate are some of the most significant reasons affecting negatively the rental sector and by extent the prosperity of Abu Dhabi’s real estate market.

However, Chris Hobden concluded: “With Abu Dhabi’s economy forecast to rebound next year, we expect to see greater stability across residential prices and rents over 2021,”.

Although there have been fluctuations in the Emirate’s economy and in the real estate market over the last year, it is strongly believed that Abu Dhabi’s economy and real estate market will revive and prosper in the next couple of years.

This assumes that the government will achieve the completion of all areas covered in the 7 pillars mentioned in the Economic Vision 2030.