Cyprus developers focus on small-scale real estate for families

In the recent years, we have witnessed an unprecedented growth in the large-scale real estate development, especially in the city of Limassol. Luxury high-rise residential buildings, modern enterprise offices and luxury villas are changing the skyline of the city. Cyprus developers have been targeting large companies and high-end buyers from abroad, who seek to take advantage of the business-oriented system of the island, its geostrategic location, the favourable tax regime, as well as the excellent living conditions.

As a result, there has been a profound increase in the market prices, which many will argue that it is in favour of the people with a big budget. That is not entirely true! The reason is that developers know the very well that affordable housing is a necessity and the demand is huge, so they have put a large number of new houses and apartment blocks in production, specifically aimed at people with smaller budgets. The good news is that, despite their low cost, most of these projects are built with high quality standards, tasteful design, energy efficient and bound to be a valuable investment.

In times where the cost of rent is constantly increasing, buying a house or an apartment can be the most cost-effective solution as well as a smart investment decision. Why would you rent a house when with a good loan plan of low monthly instalments you can eventually make the property yours?

In case you are interested in buying a house for you and your loved ones, you can browse through our properties page, which we constantly update with new projects from Cyprus developers, specifically aimed for people who are looking for a high quality and cost effective solution to their housing needs.