"Israelis Bought Entire Neighborhoods": Storm in Cyprus over Israeli Presence on the Island - Walla Tourism
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America's super rich no longer only buy villas, but also entire neighborhoods. "Landmaxxing" means the trend that has drastic consequences for the real estate marketWhen Mark Zuckerberg planned his estate in Crescent Park in Palo Alto, he had a problem: neighbors. The meta boss, whose business model consists in marketing the most intimate user data, wants to live with his wife and the three daughters in complete privacy. So the multi-billionaire…
Many Israelis have felt at home in Cyprus in recent years - whether they are tourists, real estate investors or families who have chosen to move to live on the island. But alongside the increase in the Israeli presence, there are also criticisms and concerns in Cyprus about the growing influence of Israelis on the housing market and public space. In a post published on social media, a Cypriot resident said that during a short visit to the island…
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