Data-driven insights that navigate the real estate market.
Stay informed on the latest real estate trends, news, and insights with our blog. We offer expert analysis, market forecasts, investment strategies, and tips for buying, selling, and renting properties. Whether you’re a seasoned investor or a first-time homebuyer, we provide valuable information to help you navigate the dynamic world of real estate.
Cyprus: More people, smaller families, more homes, less holiday homes
The Cyprus Statistical Service (Cystat) has released a snapshot of the 2021 census which includes the numbers of people and dwellings (houses and apartments) for…
When long-term planning is undertaken by short-term people
A reminder of what the role of government is when it comes to housing and to providing access to education and healthcare. “Governments establish policies…
Ask Wire Index: Q2 2023
Ask Wire, a company that combines real estate expertise with the use of technology, published the updated version of Ask Wire Index, for Q2 2023….
Lead generation through real estate data analytics: The Ask Wire advantage
Real estate is much more than just transactions and prices. It is a physical asset that ages, changes in terms layout and use, and varies…
Navigating the real estate market with Ask Wire: We’ve got the map, the compass, and even the sandwiches
My colleagues often express that prospective clients are somewhat puzzled about Ask Wire’s function, since we communicate about a diverse range of topics, and I…
Why are the commercial and the residential real estate markets moving in opposite directions?
Real estate takes many forms, such as a place of business, for touristic purposes, and as a store of value, to name a few. It…
Real estate stocks have signalled that significant repricing is coming
The real estate market has three big challenges ahead: Political risk due to the war in Ukraine and in particular its impact on the Euro…
Cyprus is bursting, like a fat guy out of his leotard
Cyprus’ changing demographics are causing havoc to the real estate market, accentuating socio-economic imbalances and creating polarised communities. A bit dramatic? Let’s see. The population…
Ask WiRE Index: Q2 2022
Ask WiRE, a company that combines real estate expertise with the use of technology, published the updated version of Ask WiRE Index, for the second…
Press Release: Ask WiRE Expands In The Greek Market
Ask WiRE, the award-wining fintech that is compiling the dynamic profile of all properties across Europe, has announced the opening of its Athens office. The…
Live long and prosper
In the Special Theory of Relativity, Einstein determined that time is relative—in other words, the rate at which time passes depends on your frame of…
CACs: Real estate owners with a countdown clock
Cyprus Central Bank’s recent financial stability report included some interesting data in relation to the loans and properties that passed into the ownership of Credit…
Find the ‘On’ button. Change the world.
My father called me on my Ericson T10 and asked, “do you know how to use this computer thing with the numbers?” (a fair description…
Start-ups at the Odeon of Herodes Atticus
I recently attended Endeavor’s 10-year anniversary celebration of setting up an office in Greece. Endeavor is a global, non-profit organization that supports high-impact entrepreneurs in…
A cat has nine lives. So does the Cyprus property market.
Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who…
Press Release: WiRE the Best Fintech for Real Estate, Europe 2022
The award at the Pan Finance Awards constitutes another international recognition for the Cypriot start-up Cypriot start-up company WiRE has been awarded the prize of…
Finding opportunities by solving the problems of tomorrow today
Moving to a digital world feels unnatural. We can answer any question and have whatever we can think about at our fingertips, often delivered to…
Climate Change: Disasters and Magic Tech Solutions for Insurance Companies
The European Insurance and Occupational Pensions Authority (EIOPA) released a special report on the possible increase in risks that climate change may cause to insurance…
Ask WiRE Index: Q1 2022
Ask WiRE, a company that combines real estate expertise with the use of technology, published the updated version of Ask WiRE Index, for the first…
Tidying up real estate data
Enabling online mortgages and building insurance WiRE is laying the digital foundations for companies in the banking and financial sectors to develop and deliver products…
Vegan pet food and inequality
Inflation is the rate of increase in prices, meaning that you need more money to buy the same product or service. By extent, if your…
Data Analysis and Decision Intelligence
Charismatic leaders are being replaced by specialized data analysis software. A cynic’s view? Perhaps. Nevertheless, the future is now. Technology has developed so much that…
Profile & Market Statistics on Land Transactions: Volume and value continue to increase
Transaction volume increased in all districts in December 2021 Transaction value increased in most of the districts in December 2021, except in Paphos and Famagusta…
Cyprus – A City state
When making business decisions, it is best to think of Cyprus as a city rather than a country. A city has its own micro-economic dynamics…
WiRE receives funding from investors to accelerate growth
WiRE, the Cypriot fintech that provides insightful property data across Europe, today announced the closing of its seed funding round. The innovative company secured an…
Ask WiRE Index: Q4 2021
WiRE FS, a company that combines real estate expertise with the use of technology, published the updated version of WiRE Index, for the third quarter…
International Distinction for Cypriot FinTech, WiRE
Selected from over 700 companies worldwide to participate in PwC UK’s innovative Scale FinTech program Participation in Scale FinTech, an innovative program by PwC UK,…
I don’t need religion for answers. I have Google on my phone
In 2021, the number of mobile devices operating worldwide stood at almost 15 billion, up from just over 14 billion in the previous year. In…
Things to be thankful. Things to carry forward. Things to leave behind.
2021 was a better year than 2020. 2022 will be a better year than 2021. Without context, this is forecasting: stating the obvious when looking…
Over €6.3 billion in property sales in the major municipalities of Limassol
The three major municipalities of the Limassol District – the Municipality of Limassol, of Yermasoyia and of Agios Athanasios, gained a significant share of the…
The Simple Rule of 28/36
At times of rising prices, prudent financial management should be top of mind. Rising prices have been a major topic of discussion over the past…
Ask WiRE Index: Q3 2021
WiRE FS, a company that combines real estate expertise with the use of technology, published the updated version of WiRE Index, for the third quarter…
Cyprus Property Market Overview: Q2 2021
The report is available here.
Seven things to consider when buying a home
Buying a house is one of the most important decisions that an individual will have to make in their lifetime. The most fundamental question to…
Fail whilst trying to change the world
We don’t celebrate failure properly. Someone who has failed is someone who has tried, quite unlike those who sit on the sidelines and criticise. Failure…
How to sell your property quickly and for the right price
Without proper preparation, you can find yourself facing unwelcome surprises While most people think that selling a property is easier than buying one, things are…
As societies change so do properties
Demographic and social changes impact the housing market In the US, large companies and high-net-worth individuals who purchase houses and apartments either to resell them…
When a friend dies a part of us dies with him
I was raised spending a lot of time with my four grandparents and two great-grandmothers. I enjoyed listening to them talk about their youth, of…
Money and Fame
Scorpions’ “Wind of Change” is probably one of the most iconic rock songs of the early 90s. The song was composed following the band’s visit…
Ask WiRE Index: Q2 2021
WiRE FS, a company that combines real estate expertise with the use of technology, published the updated version of WiRE Index, for the second quarter…
Why hands-on real estate asset management matters
As WiRE FS, we show particular interest in real estate asset management with a specific focus on being hands-on. From our experience, the value of…
When a blind man cries
“When a blind man cries”, an amazing song by Deep Purple, is a metaphor of someone who is shut off from the rest of the…
Cyprus Property Market Overview (Q1-2021)
The report is available here. Stability in real estate demand and prices in Nicosia and Limassol, with downward pressure in the other cities due to their…
After Gordian comes Themis. Who’s next?
Banks selling non-performing loans does not mean that private debt will decrease. Encouraging foreigners to relocate to Cyprus is the fastest and most effective way…
Technology is changing the rules of the real estate market
The real estate market is inflexible and lacks transparency, but with the use of technology and analytics it can be simplified, data can become more…
Press Release: HD 360 invests in proptech company WiRE FS
• The goal is to develop technological tools leveraging Artificial Intelligence that will bring greater transparency and simplify processes in the real estate sector. HD…
How technology is changing the Real Estate sector
PropTech companies can simplify procedures, bring greater transparency and cut costs The term PropTech refers to any kind of technology that can improve the way…
Press Release: Alex Michael joins WiRE as Interim CTO
Alex will contribute to WiRE’s transformation into the leading PropTech company in Cyprus and the region WiRE FS team is significantly strengthened with Alex Michael…
Press Release: WiRE FS joins Techisland Association
Pavlos Loizou: The acceleration of the technology and innovation ecosystem is crucial for Cyprus’ future growth WiRE FS, a PropTech company which brings transparency to…
Limassol leads the way in the Real Estate market
Significant potential for growth west of the city Limassol continues to be the most important real estate market in Cyprus, and this is supported by…
How can an asset manager increase your net income by 32% (and why you will never hire them to do it)
Assume that you are the sole owner of a company that has a turnover of €600,000 per annum, 10 staff, a rent roll of €32,000…
Press Release: Ask WiRE Index
WiRE Index: New Index for property prices and rents for the Cyprus real estate market • Prices drop across most property categories • Small increase…
Ask WiRE Index Methodology
The Ask WiRE Price and Rental index is based on hypothetical properties. This addresses the lack of homogeneity of Cyprus real estate product, thin trading,…
Ask WiRE Index: Q1 2021
The aggregate data of the WiRE Price and Rental index can be freely used; we suggest you review the methodology on which the index is…
When Theory Meets Practice: Cost vs Price vs Value vs Worth
This article does not concern itself with the etymology of cost, price, value and worth; it focuses on the mess that these terms are causing…
Borrowing to buy an apartment is affordable, but comes with risks in the long run
The real cost for a couple buying an apartment remains low – a trend that started in 2012 and continues – since the occasional rise…
Cyprus: More people, smaller families, more homes, less holiday homes
The Cyprus Statistical Service (Cystat) has released a snapshot of the 2021 census which includes the numbers of people and dwellings (houses and apartments) for…
When long-term planning is undertaken by short-term people
A reminder of what the role of government is when it comes to housing and to providing access to education and healthcare. “Governments establish policies…
Ask Wire Index: Q2 2023
Ask Wire, a company that combines real estate expertise with the use of technology, published the updated version of Ask Wire Index, for Q2 2023….
Lead generation through real estate data analytics: The Ask Wire advantage
Real estate is much more than just transactions and prices. It is a physical asset that ages, changes in terms layout and use, and varies…
Navigating the real estate market with Ask Wire: We’ve got the map, the compass, and even the sandwiches
My colleagues often express that prospective clients are somewhat puzzled about Ask Wire’s function, since we communicate about a diverse range of topics, and I…
Why are the commercial and the residential real estate markets moving in opposite directions?
Real estate takes many forms, such as a place of business, for touristic purposes, and as a store of value, to name a few. It…
Cyprus Property Market Overview: Q1 2023
Cyprus Property Market Overview: Q1 2023
Ask Wire Index: Q1 2023
Ask Wire, a company that combines real estate expertise with the use of technology, published the updated version of Ask Wire Index, for Q1 2023….
CACs: Real estate owners with a countdown clock
Cyprus Central Bank’s recent financial stability report included some interesting data in relation to the loans and properties that passed into the ownership of Credit…
Start-ups at the Odeon of Herodes Atticus
I recently attended Endeavor’s 10-year anniversary celebration of setting up an office in Greece. Endeavor is a global, non-profit organization that supports high-impact entrepreneurs in…
Climate Change: Disasters and Magic Tech Solutions for Insurance Companies
The European Insurance and Occupational Pensions Authority (EIOPA) released a special report on the possible increase in risks that climate change may cause to insurance…
Data Analysis and Decision Intelligence
Charismatic leaders are being replaced by specialized data analysis software. A cynic’s view? Perhaps. Nevertheless, the future is now. Technology has developed so much that…
Profile & Market Statistics on Land Transactions: Volume and value continue to increase
Transaction volume increased in all districts in December 2021 Transaction value increased in most of the districts in December 2021, except in Paphos and Famagusta…
Over €6.3 billion in property sales in the major municipalities of Limassol
The three major municipalities of the Limassol District – the Municipality of Limassol, of Yermasoyia and of Agios Athanasios, gained a significant share of the…
The Simple Rule of 28/36
At times of rising prices, prudent financial management should be top of mind. Rising prices have been a major topic of discussion over the past…
Cyprus Property Market Overview: Q2 2021
The report is available here.
Ask Wire presents RED: The ultimate tool for real-time real estate data
Ask Wire, the award-winning real estate data analytics company, announced the launch of its mobile software Real Estate Dynamics (RED). RED is a subscription-based tool…
Press Release: Ask WiRE Expands In The Greek Market
Ask WiRE, the award-wining fintech that is compiling the dynamic profile of all properties across Europe, has announced the opening of its Athens office. The…
Press Release: WiRE the Best Fintech for Real Estate, Europe 2022
The award at the Pan Finance Awards constitutes another international recognition for the Cypriot start-up Cypriot start-up company WiRE has been awarded the prize of…
WiRE receives funding from investors to accelerate growth
WiRE, the Cypriot fintech that provides insightful property data across Europe, today announced the closing of its seed funding round. The innovative company secured an…
International Distinction for Cypriot FinTech, WiRE
Selected from over 700 companies worldwide to participate in PwC UK’s innovative Scale FinTech program Participation in Scale FinTech, an innovative program by PwC UK,…
Press Release: HD 360 invests in proptech company WiRE FS
• The goal is to develop technological tools leveraging Artificial Intelligence that will bring greater transparency and simplify processes in the real estate sector. HD…
Press Release: Alex Michael joins WiRE as Interim CTO
Alex will contribute to WiRE’s transformation into the leading PropTech company in Cyprus and the region WiRE FS team is significantly strengthened with Alex Michael…
Press Release: WiRE FS joins Techisland Association
Pavlos Loizou: The acceleration of the technology and innovation ecosystem is crucial for Cyprus’ future growth WiRE FS, a PropTech company which brings transparency to…