By Pavlos Loizou, CEO Ask Wire
Walk through the centre of Nicosia, Limassol, or Larnaca and the pattern becomes impossible to ignore. Vacant plots sitting idle for decades. Buildings – put up in the sixties and seventies on the back of independence-era optimism – now standing peeling, neglected, quietly deteriorating. And yet, right next to them, rents are rising. In Nicosia, average asking rents for apartments have increased by over
