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Cyprus Real Estate Market Report - 6th Edition

Cyprus Real Estate Market Report - 6th Edition

A summary of the significant factors and major drivers of the real estate market in Cyprus.

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The Cypriot economy has experienced positive growth rates in 2016 and the expectations are that this trend will continue in 2017. Fiscal indicators are improving, the yields of the Cyprus Bonds have reduced, while the interest for investments is rebounding.

Services including tourism, financial services, and real estate are considered as the backbone of the Cypriot economy, accounting for nearly 80 percent of GDP.

KPMG and the KPMG logo are registered trademarks of KPMG International Cooperative ("KPMG International") a Swiss entity. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. The views and opinions expressed herein are those of the author and do not necessarily represent the views and opinions of KPMG International Cooperative ("KPMG International") or KPMG member firms.

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