We are pleased to present our latest edition of the real estate sector performance publication. In recent years, the Cypriot economy and the Real Estate sector in particular, have proven their robustness and resilience. Given recent developments, including the aftermaths of COVID-19 pandemic and of the Russian-Ukrainian war, the outlook is hard to predict, however the real estate sector performance has exceeded our expectations.

Our report provides valuable information about the Cypriot economy and the local real estate market for 2022 and beyond. Offering a snapshot of key economic conditions and invaluable insights into the real estate sector, including demand and supply, price evolution, notable sectoral developments, alongside certain observations portraying 2022 and early 2023 conditions.

We hope that you will find our report enlightening and useful in supporting your future business decisions related to the real estate sector. Kindly feel free to contact us for further inquiries. KPMG's wide-ranging real estate service offering covers advisory, audit and tax related matters, customised to provide real added value to your specific needs and environment.

We hope you find our publication insightful and valuable.

12th edition of KPMG Cyprus Real Estate Market Report – The Insights

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.