KPMG Cyprus Real Estate Market Report Insights: residential developments are leading the way

The pipeline of real estate projects in Cyprus continues to expand in 2024, with residential developments leading the way, according to the 13th edition of the 'KPMG Cyprus Real Estate Market Report Insights.'

The report also notes that market liquidity appears to be improving, with Limassol dominating the overall market and the high-end residential segment for 2023 and the first half of 2024. Meanwhile, Larnaca has achieved the highest transaction growth in 2023.

"Read about these and more in our proudly presented 13th edition of the KPMG Cyprus Real Estate Market Report Insights, which offers a comprehensive analysis of the Cyprus real estate market. The report delves into key market dynamics and emerging trends, highlighting the performance of the sector in 2023 and the first half of 2024 in depth and further," and announcement by KPMG Cyprus notes.

Backed by extensive data, the Insights identifies shifts and strategic opportunities, providing investors and stakeholders with a nuanced view of the evolving real estate landscape.

"As the market adapts to new economic conditions, our pioneering Insights report serves as a crucial tool for stakeholders to navigate in an evolving real estate market," commented Christophoros Anayiotos, Head of Deal Advisory and Real Estate and Construction sector at KPMG Cyprus.

Read More

Incentives announced for investors in the Technology Park in Pentakomo
Number of building permits issued down 20.4% in February y-o-y
George Chrysochos: Interest from institutional capital is transforming the character of the real estate market
Construction materials up 1.34% y-o-y in May
MSC's new high-tech headquarters in Limassol nearing completion (pics)
CPDA submits draft law for the establishment of the profession of Property Developer
Residential properties for sale by AstroBank
Pantelis and George Leptos on Cyprus' real estate market and the vital role of government incentives
Antonis Marinou: "There’s never been a better time to invest in Cyprus — and especially Larnaca"
Wolga: Large €45m mixed development in the works in Limassol (pics)