The Cyprus real estate sector remains strong and stable, with experts predicting a promising future, according to discussions at the 19th Property Development & Construction Conference and Exhibition.<\/p>\n
During the roundtable session, “Cyprus Real Estate 2025 \u2013 How are Values Fluctuating and Expectations for the Future?”, industry leaders examined the sector\u2019s resilience, investment patterns, and long-term prospects.<\/p>\n
Kikis Athinodorou, Director of Kikis Athinodorou & Associates LLC, described the market as stable but flagged concerns over a 5% capitalisation issue, where older buildings remain unsold. He emphasized the importance of maintenance investments to uphold property values and urged stakeholders to look beyond student accommodation to ensure market sustainability.<\/p>\n
Markos Christodoulou, Managing Director of IKIA RESIDENCE, acknowledged ongoing large-scale developments but cautioned against over-reliance on permanent residency schemes.<\/p>\n
He pointed out that applications for investment-based residency had declined and suggested that Cyprus should streamline its policies\u2014taking cues from Malta\u2019s efficient approach\u2014to attract more foreign investors and businesses.<\/p>\n
Highlighting the dynamics of local and international property demand, Georgios Chrysochos, Director of Cyfield Group, noted that:<\/p>\n
Local buyers benefit from economic stability and favorable interest rates.<\/p>\n<\/li>\n
Foreign demand remains strong, but housing supply isn\u2019t growing fast enough to meet demand.<\/p>\n<\/li>\n<\/ul>\n
He also pointed out that delays in public projects were often misattributed to contractors, when in reality, bureaucratic inefficiencies and a lack of independence among public engineers contributed to the slow progress.<\/p>\n
Petros Lazarou, CEO of G&P Lazarou Estate Agents Ltd, predicted a bright future for the sector, referring to it as a \u201cgolden era\u201d.<\/p>\n
He highlighted Cyprus\u2019 strategic position as an energy hub, particularly as the EU seeks alternatives to Russian gas. This shift has made Cyprus\u2019 maritime zones increasingly valuable, attracting corporate investors who are now acquiring and redeveloping properties that were previously linked to non-performing loans (NPLs).<\/p>\n
Panikos Livadhiotis, Managing Director of L. Livadhiotis & Sons Property Developers, pointed to Larnaca\u2019s strong market performance, crediting sustainable banking practices for ensuring healthy buyer-developer relationships.<\/p>\n
He observed a shift away from high-rise buildings in favor of smaller, more practical structures and emphasized how artificial intelligence (AI) is transforming real estate communications and operations.<\/p>\n
Pantelis Leptos, Co-President of Leptos Group, discussed how the pandemic accelerated real estate globalization, making Cyprus an appealing destination for digital nomads and remote professionals.<\/p>\n
He projected that Cyprus\u2019 GDP could grow from \u20ac35 billion to \u20ac50 billion, provided the country prioritizes sustainability, digitalization, and talent attraction in its economic strategy.<\/p>\n
The panel, moderated by Yiannis Misirlis, President of the Cyprus Property Developers Association, reinforced confidence in the sector\u2019s future. Experts agreed that Cyprus\u2019 real estate industry is on track for continued growth and transformation, backed by strategic investments and policy improvements.<\/p>\n
Source: Cyprus Property News<\/em><\/p>","protected":false},"excerpt":{"rendered":" The Cyprus real estate sector remains strong and stable, with experts predicting a promising future, according to discussions at the 19th Property Development & Construction Conference and Exhibition. Market Stability and Emerging Challenges During the roundtable session, “Cyprus Real Estate 2025 \u2013 How are Values Fluctuating and Expectations for the Future?”, industry leaders examined the […]<\/p>","protected":false},"author":9,"featured_media":111764,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/111763"}],"collection":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/comments?post=111763"}],"version-history":[{"count":1,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/111763\/revisions"}],"predecessor-version":[{"id":111765,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/111763\/revisions\/111765"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media\/111764"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media?parent=111763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/categories?post=111763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/tags?post=111763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}