The real estate market in Cyprus is experiencing a significant period of growth, with optimistic forecasts for 2025. According to recent data, the real estate market is expected to continue its upward trend, with projections indicating an additional 30% increase in property prices over the coming years. This upward trend follows a notable 50% rise in property prices in Cyprus since 2019.
This impressive rise in property prices stems from several key factors, with increased demand from foreign investors being one of the main drivers. Particularly, investors from London are recognizing the benefits of the Cypriot market – favorable economic conditions, tax incentives, and investments in tourism and infrastructure. Approximately 30% of foreign real estate investments in Cyprus come from the UK, indicating a clear interest from London-based investors in taking advantage of the local market's benefits.