🏗️ Cyprus Developers Outline Strategy for a Competitive Real Estate Future
Yiannis Misirlis, Chairman of the Cyprus Property Developers Association, and Andreas Demetriades, President of the Association of Large Investment Projects, shared key insights on the current state and future direction of Cyprus’ real estate market in the November issue of GOLD magazine.
📈 Market Performance: Growth Signals Strong Investor Confidence
The Cyprus real estate market continues its upward trajectory:
- 13% increase in property sales during the first nine months of 2025
- 15% year-on-year rise in September alone
This sustained momentum reflects growing investor trust as Cyprus strengthens its position as a regional business and investment hub.
🌿 Smart, Sustainable & Premium Developments in Demand
Buyer preferences are shifting toward modern, environmentally responsible and technologically advanced projects:
- Energy-efficient workplaces
- Eco-friendly materials & smart systems
- Lifestyle-driven, gated communities offering privacy, security and shared amenities
These trends highlight a market increasingly shaped by sustainability and long-term value.
⚙️ Policy Reforms Needed to Stay Competitive
To secure continued growth, industry leaders stress the importance of policies supporting efficiency, innovation and sustainability:
- ⏱️ Faster licensing and permitting
- 💸 Incentives for energy-efficient construction
- 🚉 Infrastructure upgrades (transport, digital networks, community services)
Developers are adopting ESG standards, integrating renewable energy, smart-home technology and responsible construction practices. Yet, stronger public–private collaboration is needed to build a truly resilient and modern built environment.
💻 A New Development Model for a Modern Economy
A forward-thinking model focused on digital transformation, sustainability and streamlined public administration is essential.
Key priorities include:
- 🖥️ Expanded e-governance
- ♻️ Accelerated green transition
- 🧾 Tax system reform
- 🏢 Decentralisation of public services
- ⚖️ Justice system improvements
- 🛠️ Reduced permitting delays
- 👷 Workforce and skills development
🏛️ Strengthening Cyprus’ Business Environment
A proposed Deputy Ministry of Development & Competitiveness—housing a Unified Investor Service and One-Stop Service for strategic projects—would significantly enhance Cyprus’ attractiveness to investors, entrepreneurs and international companies.
🌍 Strong Fundamentals and New Growth Opportunities
Cyprus continues to benefit from:
- 🌐 Strategic geographic location
- 🧠 Skilled workforce
- 💼 Competitive tax ecosystem
- 🏦 Robust financial sector
- ⚖️ Stable legal framework
Emerging industries such as healthcare, education, technology, innovation and energy are creating fresh opportunities. Expected Schengen accession is set to boost the island’s accessibility and investor confidence even further.
🌱 Toward a Sustainable, Low-Emission Future
Developers are increasingly integrating:
- Photovoltaic systems
- Green spaces
- Water-management solutions
- Environmental impact assessments
A nationwide sustainability strategy is now essential to support Cyprus’ transition to a low-emission, resource-efficient and globally competitive economy.
Further reading
You can read the full article in the November issue of GOLD magazine.