In the first quarter of 2024, the Cyprus real estate market experienced significant changes and demonstrated new trends.

At the beginning of 2024, the global economy is showing signs of recovery despite high geopolitical risks. Key macroeconomic indicators for Cyprus include GDP growth and a decrease in inflation. Investments in road construction, urban development, and the launch of programs supporting renewable energy are contributing to infrastructure development.

The Cyprus real estate market is characterized by an increase in average housing prices, with demand exceeding supply. In regions such as Limassol and Paphos, property prices continue to rise. There is also a growing interest in commercial real estate, particularly in major cities.

Increased migration flows are contributing to higher rental rates. The dynamics of property price changes remain stable. Forecasts for 2024 suggest continued growth in demand for sustainable housing and commercial real estate.

Thus, the Cyprus real estate market shows a positive trend, supported by economic growth, investments in green energy, and infrastructure improvements. These factors create favorable conditions for investments.

Our report provides comprehensive data necessary for making informed investment decisions. Review it to gain detailed insights and better understand all the opportunities the Cyprus real estate market offers. For additional information on current properties and opportunities on the island, feel free to contact us.