The surge is driven by foreign investment, favorable tax policies, and a growing economy.
The residential real estate market in Cyprus sees rising property prices and high demand.
The REALTYon Expo is running, bringing together stakeholders from across the industry.
The REALTYon Expo is currently running in Limassol.
Cyprus is
experiencing a significant real estate boom, attracting both domestic and
international investors. With its favorable tax policies, strategic location,
and growing economy, Cyprus has become a prime destination for real estate
investments.
2023
and On
Despite global
economic uncertainties, Cyprus's real estate sector demonstrated remarkable
resilience in 2023. According to a report
by PwC Cyprus, the market remained robust despite global turmoil, with
steady property transactions and sustained investor interest. This resilience
set a positive tone for 2024, with expectations of continued growth and
stability in the sector. According to PwC, last year the total value of transactions reached €5.5
billion, which would sit at approximately the same value as 2022.
According to Deloitte's
annual
Real Estate Review, transactions actually grew in 2023. The company
reported a total of 13,200 transactions in the residential sector, amounting to
€3.4 billion in sales, which accounted for 61% of the total sales value. The
average transaction value increased slightly to €259,000 from €257,000 in 2022,
driven primarily by new build properties, which comprised 69% of residential
sales.
The REALTYon Expo is running in Limassol.
The total real
estate market in Cyprus saw 25,400 transactions worth €5.6 billion, the report
stated. Transactions involving vacant land (plots and fields) were the second
most popular, with €1.9 billion across 11,200 transactions, making up 34% of
the total value. Although the number of land transactions increased, their
value remained stable compared to 2022. Commercial space transactions were
fewer but higher in value, totaling €121 million, representing 2% of the total
market value.
Geographic
Distribution
According to
Deloitte, Limassol continued to lead the market, contributing 41% of the total
sales value. All cities except Larnaca recorded marginally lower sales values
compared to 2022. Larnaca showed a remarkable increase in sales value,
surpassing 2022 by 28%, driven by an increased number of transactions and
higher average transaction values. This marks the third consecutive year of
growth for Larnaca, with both value and volume of transactions nearly doubling
since 2020.
REALTYon Expo
Leveraging the ongoing boom, the REALTYon Expo is currently taking
place at the City of Dreams Mediterranean Integrated Resort.
The expo is renowned for connecting property developers, real
estate agents, investors, and home buyers with the latest property developments
in Cyprus. This year’s event, held from July 3 to 4, features a comprehensive
conference with industry leaders discussing innovative solutions, a vast
exhibition space showcasing over 70 exhibitors and over 300 projects, and
extensive networking opportunities. The Expo is forecast to be 30% larger than
last year.
Prominent speakers include Marios Tannousis, CEO of Invest
Cyprus; Stavros Caramondanis, CEO of Ayia Napa Marina; George
Chrysochos, Executive Director of Cyfield Group; Demos Panayiotou, CEO
at Limassol Greens, Anastasia Yianni, CEO of Cyprus Sotheby’s
International Realty; Monica Ioannidou Polemitis, Founder & CEO of
Hybrid ConsulTech, and many more.
One of the panels at the REALTYon Expo.
The Speaker Forum offers talks titled ‘From Bricks to Bytes:
PropTech is Making Real Estate Accessible’, ‘Breaking Down Barriers: The Rise
of Tokenization in Real Estate’, ‘Real Estate Surviving the Geopolitical &
the Economic Turmoil’, ‘How to Move to Cyprus and Invest in Real Estate’,
‘Building a Greener Future: The Role of ESG in Real Estate’, among others.
With over 3,000 attendees anticipated, including a significant
number of international investors, REALTYon is the premier event for exploring
Cyprus’s flourishing real estate sector.
Factors Driving the Real Estate Boom
Favorable Tax
Policies and Economic Growth: Cyprus's tax regime is a significant factor
attracting investors to its real estate market. The country offers several
incentives, including low corporate tax rates, no inheritance tax, and
favorable VAT rates for first-time property buyers. Additionally, Cyprus's
economic growth has been robust, providing a stable environment for real estate
investments. The country's strategic location at the crossroads of Europe,
Asia, and Africa further enhances its appeal as a real estate investment hub.
Strategic
Location and an Appealing Lifestyle: Cyprus's strategic location not only
facilitates business but also makes it a desirable place to live. The island offers
a high quality of life, beautiful scenery, and a Mediterranean climate, all of
which are significant draws for foreign buyers. In addition to this, Cyprus’s
healthcare system is resilient, and the island’s infrastructure is generally excellent.
The REALTYon Expo featured developers from across Cyprus.
The
Impact of Foreign Investment
Foreign
investment has been a cornerstone of the real estate boom in Cyprus.
International buyers are particularly attracted to the island's investor
immigration permit, which offers residency and citizenship incentives for
significant real estate investments or for establishing businesses. Similar
programs have been instrumental in driving the inflow of capital into the real
estate sector in recent years, with many foreign investors purchasing
high-value properties.
However, it must
be noted that PwC reports falling high-end residential sales from its 2023
data. PwC reported
that sales of properties valued at €1.5 million and up saw a decrease of 26%
compared to 2022.
The presence of
international schools and business facilities makes Cyprus an attractive
destination for expatriates and their families.
Sustained
Interest from European and Asian Investors
Investors from
Europe and Asia continue to show strong interest in Cypriot real estate. The Cyprus
Mail notes that the country's EU membership and stable political environment
make it a safe and attractive investment destination. Moreover, the island's
proximity to major global markets enhances its appeal to international
investors seeking to diversify their portfolios.
Luxury apartments and strong business facilities are attracting investors and businesspeople.
Government
Initiatives and Sustainable Development
The Cypriot
government has also introduced several initiatives to support sustainable
development in the real estate sector. These include incentives for green
building practices and infrastructure projects aimed at enhancing the island's
urban and rural environments. These initiatives are expected to contribute to
the long-term growth and sustainability of the real estate market in Cyprus.
Cyprus's real
estate market is booming, driven by favorable tax policies, a strategic
location, and a high quality of life. The residential sector, in particular, is
experiencing strong growth, with rising property prices and high demand for
luxury developments. Foreign investment plays a crucial role in this boom, with
international buyers attracted by the country's incentives and stable
environment. Despite economic challenges, the sector proved resilient in 2023,
and the future outlook for the rest of 2024 remains positive. With continued
government support and sustainable development initiatives, Cyprus's real
estate market seems poised for ongoing growth and success.
Cyprus is
experiencing a significant real estate boom, attracting both domestic and
international investors. With its favorable tax policies, strategic location,
and growing economy, Cyprus has become a prime destination for real estate
investments.
2023
and On
Despite global
economic uncertainties, Cyprus's real estate sector demonstrated remarkable
resilience in 2023. According to a report
by PwC Cyprus, the market remained robust despite global turmoil, with
steady property transactions and sustained investor interest. This resilience
set a positive tone for 2024, with expectations of continued growth and
stability in the sector. According to PwC, last year the total value of transactions reached €5.5
billion, which would sit at approximately the same value as 2022.
According to Deloitte's
annual
Real Estate Review, transactions actually grew in 2023. The company
reported a total of 13,200 transactions in the residential sector, amounting to
€3.4 billion in sales, which accounted for 61% of the total sales value. The
average transaction value increased slightly to €259,000 from €257,000 in 2022,
driven primarily by new build properties, which comprised 69% of residential
sales.
The REALTYon Expo is running in Limassol.
The total real
estate market in Cyprus saw 25,400 transactions worth €5.6 billion, the report
stated. Transactions involving vacant land (plots and fields) were the second
most popular, with €1.9 billion across 11,200 transactions, making up 34% of
the total value. Although the number of land transactions increased, their
value remained stable compared to 2022. Commercial space transactions were
fewer but higher in value, totaling €121 million, representing 2% of the total
market value.
Geographic
Distribution
According to
Deloitte, Limassol continued to lead the market, contributing 41% of the total
sales value. All cities except Larnaca recorded marginally lower sales values
compared to 2022. Larnaca showed a remarkable increase in sales value,
surpassing 2022 by 28%, driven by an increased number of transactions and
higher average transaction values. This marks the third consecutive year of
growth for Larnaca, with both value and volume of transactions nearly doubling
since 2020.
REALTYon Expo
Leveraging the ongoing boom, the REALTYon Expo is currently taking
place at the City of Dreams Mediterranean Integrated Resort.
The expo is renowned for connecting property developers, real
estate agents, investors, and home buyers with the latest property developments
in Cyprus. This year’s event, held from July 3 to 4, features a comprehensive
conference with industry leaders discussing innovative solutions, a vast
exhibition space showcasing over 70 exhibitors and over 300 projects, and
extensive networking opportunities. The Expo is forecast to be 30% larger than
last year.
Prominent speakers include Marios Tannousis, CEO of Invest
Cyprus; Stavros Caramondanis, CEO of Ayia Napa Marina; George
Chrysochos, Executive Director of Cyfield Group; Demos Panayiotou, CEO
at Limassol Greens, Anastasia Yianni, CEO of Cyprus Sotheby’s
International Realty; Monica Ioannidou Polemitis, Founder & CEO of
Hybrid ConsulTech, and many more.
One of the panels at the REALTYon Expo.
The Speaker Forum offers talks titled ‘From Bricks to Bytes:
PropTech is Making Real Estate Accessible’, ‘Breaking Down Barriers: The Rise
of Tokenization in Real Estate’, ‘Real Estate Surviving the Geopolitical &
the Economic Turmoil’, ‘How to Move to Cyprus and Invest in Real Estate’,
‘Building a Greener Future: The Role of ESG in Real Estate’, among others.
With over 3,000 attendees anticipated, including a significant
number of international investors, REALTYon is the premier event for exploring
Cyprus’s flourishing real estate sector.
Factors Driving the Real Estate Boom
Favorable Tax
Policies and Economic Growth: Cyprus's tax regime is a significant factor
attracting investors to its real estate market. The country offers several
incentives, including low corporate tax rates, no inheritance tax, and
favorable VAT rates for first-time property buyers. Additionally, Cyprus's
economic growth has been robust, providing a stable environment for real estate
investments. The country's strategic location at the crossroads of Europe,
Asia, and Africa further enhances its appeal as a real estate investment hub.
Strategic
Location and an Appealing Lifestyle: Cyprus's strategic location not only
facilitates business but also makes it a desirable place to live. The island offers
a high quality of life, beautiful scenery, and a Mediterranean climate, all of
which are significant draws for foreign buyers. In addition to this, Cyprus’s
healthcare system is resilient, and the island’s infrastructure is generally excellent.
The REALTYon Expo featured developers from across Cyprus.
The
Impact of Foreign Investment
Foreign
investment has been a cornerstone of the real estate boom in Cyprus.
International buyers are particularly attracted to the island's investor
immigration permit, which offers residency and citizenship incentives for
significant real estate investments or for establishing businesses. Similar
programs have been instrumental in driving the inflow of capital into the real
estate sector in recent years, with many foreign investors purchasing
high-value properties.
However, it must
be noted that PwC reports falling high-end residential sales from its 2023
data. PwC reported
that sales of properties valued at €1.5 million and up saw a decrease of 26%
compared to 2022.
The presence of
international schools and business facilities makes Cyprus an attractive
destination for expatriates and their families.
Sustained
Interest from European and Asian Investors
Investors from
Europe and Asia continue to show strong interest in Cypriot real estate. The Cyprus
Mail notes that the country's EU membership and stable political environment
make it a safe and attractive investment destination. Moreover, the island's
proximity to major global markets enhances its appeal to international
investors seeking to diversify their portfolios.
Luxury apartments and strong business facilities are attracting investors and businesspeople.
Government
Initiatives and Sustainable Development
The Cypriot
government has also introduced several initiatives to support sustainable
development in the real estate sector. These include incentives for green
building practices and infrastructure projects aimed at enhancing the island's
urban and rural environments. These initiatives are expected to contribute to
the long-term growth and sustainability of the real estate market in Cyprus.
Cyprus's real
estate market is booming, driven by favorable tax policies, a strategic
location, and a high quality of life. The residential sector, in particular, is
experiencing strong growth, with rising property prices and high demand for
luxury developments. Foreign investment plays a crucial role in this boom, with
international buyers attracted by the country's incentives and stable
environment. Despite economic challenges, the sector proved resilient in 2023,
and the future outlook for the rest of 2024 remains positive. With continued
government support and sustainable development initiatives, Cyprus's real
estate market seems poised for ongoing growth and success.
Louis Parks has lived and worked in and around the Middle East for much of his professional career. He writes about the meeting of the tech and finance worlds.
Maduro’s Arrest Sparks Speculation: Is Venezuela Sitting on a Massive Bitcoin Reserve?
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
