Is It Safe to Invest in Cyprus in 2024?

Yes, investing in Cyprus is considered safe, especially in the real estate market, which has seen consistent growth.The Cypriot economy has recovered significantly from past crises, and investment opportunities are abundant across multiple sectors. Real estate in Cyprus remains one of the safest and most promising investment options, with house prices steadily rising and rents having nearly doubled since 2021. This has led to increased returns for investors, both from property resale and rental income.

Real Estate

Real estate in Cyprus has traditionally been viewed as a safe investment. The market rebounded strongly post-pandemic, with house prices increasing by an average of 15% across the island. This growth, coupled with favorable government residency programs, makes Cyprus real estate a solid investment. Popular areas like Limassol, Paphos, and Larnaca offer lucrative opportunities in both residential and commercial properties. In addition, investors benefit from the island's strong demand for rental properties, especially in tourist-heavy regions. Investing in real estate, whether through apartments, villas, or commercial properties, promises strong returns. The difference between the cost of development and the final market value can reach up to 50%, particularly in the luxury and commercial sectors.