Investors again see Cyprus as an attractive market
Cyprus continues to hold a strong position in the eyes of international capital: according to the EY Attractiveness Survey reported by Cyprus Mail on September 10, 83% of investors see the island as an attractive destination for foreign direct investment, while 62% plan to expand their operations in Cyprus over the next year. For the property market, this is an important backdrop: among the sectors investors trust most, real estate and construction came first.
What happened
The EY survey was presented at the Cyprus Future Realised forum. It shows not only general interest in the island, but also a willingness by businesses to act: another 29% of investors expect to keep their current level of presence in Cyprus, while half of the companies with no local office said they intend to establish one. In addition, 60% of respondents believe Cyprus will become an even more attractive investment destination over the next three years.
Investors highlighted the island’s tax system, quality of life, political and social stability, EU membership, professional services and legal system as key strengths. This is precisely the mix of factors that supports demand not only for offices and business infrastructure, but also for housing for employees, business owners and relocating families.
Why this matters for real estate
When foreign companies expand, the market receives more than a one-off purchase. It gains deeper demand: rentals for teams, home purchases for families, and interest in quality districts close to business infrastructure. Cyprus Mail specifically noted that investors continue to place their faith in Cyprus’ already established sectors, with real estate and construction named first.
Yes, the article also lists constraints: energy costs, bureaucracy, access to finance and labour shortages. But the main signal remains positive: despite these issues, most investors are not leaving the market; they are planning expansion. For a property buyer, this means demand is supported not only by the tourist season, but also by Cyprus’ economic role as a European base for business.
Where opportunities are forming
The most interesting locations remain those where housing, services, transport and business activity meet: Limassol, Larnaca, Paphos and selected parts of Nicosia. For an investor, the key is not the broad slogan that “Cyprus is growing”, but the specific question of who will rent or buy in that exact location: an employee of an international company, a relocating family, a holiday tenant or a local buyer.
Investor takeaway
The latest EY survey confirms that Cyprus remains in the focus of international capital, while real estate and construction are among the sectors investors trust most. This is not a reason to buy any property blindly, but it is a strong argument to study areas where business growth can turn into sustainable housing demand.
Source: Cyprus Mail
Founder of ProNadlan. New-build property selection and deal support in Cyprus: Limassol, Paphos, Larnaca.