Press Release
The pipeline of real estate projects in Cyprus continues to expand in 2024, with residential developments leading the way. 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.
Backed by extensive data, our 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", said Christophoros Anayiotos, Head of Deal Advisory and Real Estate and Construction sector at KPMG Cyprus.
