The number of new construction projects in Cyprus continues to grow in 2024, with residential projects leading the way. KPMG Cyprus report Real Estate Market Report Insights “, presented in its 13th edition, offers a detailed analysis of the real estate market for 2023 and the first half of 2024.
Key Market Trends
- Increased liquidity : The market shows stability, which attracts investors.
- Limassol’s dominant role : The city maintains its leading position in the luxury residential real estate segment.
- Increased activity in Larnaca : In 2023, Larnaca stood out for its significant increase in the number of transactions.
The KPMG report highlights key real estate market indicators and emerging trends, providing a detailed picture of its changes. Using extensive data, Insights highlights strategic opportunities that can be useful for investors and stakeholders.
“As the market adapts to new economic conditions, our innovative Insights report is proving to be a valuable tool for navigating the dynamic real estate sector,” said Christoforos. Anagnotos , Head of Deal Advisory and the real estate and construction sectors at KPMG Cyprus.
