Cybarco’s CEO. Development Michalis Hadjipanayiotou , modern buyers are increasingly opting for integrated complexes that offer not only living space but also comprehensive services, developed public spaces, and professional management. This trend, which took hold in 2025, has made apartments the main driver of price growth in various areas of the island.
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Economic context and market stability
The Cypriot economy enters 2026 with positive momentum. GDP growth forecasts of 3.2%–3.3% for the next two years exceed the eurozone average. Strong domestic demand, services exports, and ongoing investment in RRF projects remain key factors of stability.
The residential real estate sector remains a key element of the economy. In 2025, transaction activity was high, with apartments delivering the best returns. Demand from both local and international buyers is expected to remain robust in 2026, supported by high-quality supply and market maturity.
Prospects and flagship projects
For Cybarco, 2026 will be a period of intense activity. Several significant projects in various areas are in active construction:
- Limassol : Naftikos Residences, Aktea Residences 4, Centro Limassol and Seaview Heights.
- Nicosia: Park Residences .
- Lachi : Expansion of the Akamas complex Bay Villas new coastal properties.
Particular attention is focused on the Trilogy project in Limassol, scheduled for completion this year. The second phase of the project, which includes North Residences and “private oasis” are already being handed over to their owners. Currently, only eight apartments remain available for sale.
In addition, the company’s management is considering participating in a new large-scale project that could become the next symbol of high-quality residential real estate in Cyprus and strengthen the country’s position as an international investment center.
Industry Challenges in 2026
Despite the optimism, developers face a number of serious challenges:
- Licensing delays: Bureaucratic procedures, especially for large projects, remain a constraint.
- Labor Shortage: A shortage of skilled personnel in the construction sector makes it difficult to meet growing demand in a timely manner.
Digitalization of licensing processes and targeted human resource development policies will be critical tools for overcoming these barriers and ensuring high quality services.
Recommendations for investors
With many small developers entering the market, experts advise buyers to exercise caution. When choosing residential property, it’s important to conduct thorough due diligence. diligence ), assessing:
- financial stability of the developer;
- history of successfully completed projects;
- availability of guarantees for subsequent management of the building.
These factors determine not only the quality of living in a one-bedroom or multi-bedroom apartment, but also the long-term value of the investment.
2026 also marks the implementation of a tax reform aimed at modernizing the system and enhancing Cyprus’s competitiveness. The new rules aim to ensure a fair distribution of the burden and transparency for foreign investors. Combined with the new foreign direct investment control mechanism, which comes into effect in April 2026, this will create a more predictable and secure environment for investing in residential real estate.
