Analysis of Cyprus real estate market dynamics from January to July 2023: price growth index, the impact of the global economic situation on the domestic Cyprus market, new real estate trends in the country.
2023 was not the easiest year for the world economy, the real estate price index fell in many countries in Europe, but the real estate market in Cyprus is showing positive dynamics.
In the report, you will find the following information:
- Dynamics of residential real estate prices by regions of the island
- In-demand property types and estimation of demand for residential, commercial and tourist properties
- Types of facilities with the highest ROI
- Cost per square meter by property type and region in 2023
- Actual prices for renting real estate in different cities
- The impact of the 2023 recession on the Cypriot economy and the reasons for its growth
- Number of real estate transactions among foreigners
- Trends in Cyprus for environmentally friendly and energy efficient real estate