Real estate market growth expected to slow down next year
The Cypriot real estate market is expected to face a turning point in 2025, with growth slowing after years of post-pandemic expansion, according to according to property firm Danos International. The company explained that regional instabilit
The Cypriot real estate market is expected to face a turning point in 2025, with growth slowing after years of post-pandemic expansion, according to according to property firm Danos International.
The company explained that regional instability and economic pressures are raising fresh challenges, prompting stakeholders to adjust strategies for the year ahead.
Moderate growth is forecast over the next two years, the company said, as stabilising demand and new project completions offset the lingering effects of external factors such as regional conflicts.
Interest rates, a major headwind in recent months, are expected to decline following pledges from Cypriot banks.
A survey by Danos, involving 300 participants from construction firms, real estate agencies, and banking institutions, emphasises a cautiously optimistic mood among stakeholders.
The findings show that 46 per cent of respondents’ rate current market conditions as ‘positive’ or ‘very positive’, while 37 per cent describe the market as ‘stable’.
Only 17 per cent view conditions negatively, and no respondents described them as “very negative.”
Expectations for 2025 reflect a similar tone. One-third of participants (33 per cent) are optimistic about the market outlook, while 43 per cent anticipate stability.
However, 24 per cent expressed a degree of pessimism, though none characterised their outlook as ‘very pessimistic’.
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