Why Cyprus is the hottest real estate market in Europe

Thanks to its gorgeous scenery, crystal-clear waters, and idyllic climate, Cyprus has always been a popular destination for global real estate investors. But, with remarkable transactional levels and promising projections for capital appreciation, there’s also never been a more perfect time to invest in this luxurious Mediterranean location!

In 2022, the island’s real estate market exceeded all expectations, proving that anyone looking for the best place for property in Europe will find a host of reasons to invest in Cyprus. Transaction activity reached a record-high of €5.2 billion in value – a 27% annual increase. And the number of properties transacted during the year was in excess of 22,500 – a total that’s not only up 12% from 2021, but also surpassed pre-pandemic peak levels by nearly a third.

Highest rental yields in Europe

This sustained market resilience offers investors both high and stable returns. Rental yields from residential property investment on the island typically range between 4 and 5%, one of the highest rates in Europe. For just €300,000, investors can secure one or two new residential properties, generate income, and simultaneously gain permanent EU/Cyprus residency in the Cyprus Residency Programme.

Combine this with the potential for excellent capital appreciation and tax advantages, and Cyprus becomes an incredibly attractive destination for investment – especially for those who partner with the largest privately-owned residential developer on the island, Pafilia.

Dedicated to developing world-class residential and rental investment properties in Cyprus and Greece, this leading real-estate company sets the benchmark for the region’s booming real estate sector. And for anyone interested in learning how to invest in Cyprus, Pafilia’s more than 40 years of experience in real estate is invaluable.

Pafilia’s comprehensive portfolio is unmatched in terms of its concept, design, quality and service. Taking into account the pragmatic and personal considerations of those looking to find investment properties, the company provides developments with flexible high-return investment, proven appreciation, rental returns, and resale potential.

Invest in your future

From modern houses to Mediterranean villas, bespoke apartments, integrated leisure resorts, state-of-the-art towers, seafront properties, secluded estates and private communities, Pafilia has something for all budgets and buyers. And each of their exclusive properties boasts the excellent facilities, services, locations, finishes and detail that have made the company a leader in the real estate sector.

Both ONE (a cutting-edge 37-storey landmark on Limassol's prime seafront boulevard that comprises apartments, duplex homes, and a stunning penthouse) and Minthis (a collection of exceptional, award-winning properties at a unique lifestyle resort that boasts extraordinary facilities, including a destination wellness spa and an 18-hole championship golf course) are a testament to this innovation and expertise.

For those asking why to invest in Cyprus, properties such as these – and the numerous others in the Pafilia portfolio – offer an extraordinary opportunity for return on investment through rental income. And the entire experience is utterly hassle-free: with its host of subsidiary companies, services and enterprises that cover all aspects of property ownership and resident lifestyle needs (including Property Management, Rentals, Resales and Lifestyle Concierge) Pafilia provides a seamless real estate experience.

Anyone looking to buy property in Cyprus can rest easy knowing their holiday home or permanent residence is in good hands. There have never been more reasons to invest. And with Pafilia you’re assured of the best property investment in Cyprus.