Economic Viability
In the last decade, Cyprus has been taking a central stage on the global real estate investment map, especially among Israelis seeking overseas real estate investments. This is due to the unique combination of a nearby destination just 40 minutes away by air, a pleasant climate, a growing and promising economy, thriving tourism, and a friendly, welcoming atmosphere. With all of these supported by policies encouraging investment and an attractive tax system, demand is only rising. Property prices on the island are still low compared to Israel and Europe, but they are steadily increasing. The sooner you get on the path to success, the more you can benefit from low pre-sale prices and high potential for your property’s value appreciation.
A Blend of Local Authenticity with a European Flair
Alongside its openness to the world and membership in the European market, Cyprus has skillfully maintained its authentic character—rich local culture, Mediterranean cuisine, and beautiful natural gems along its shores. All of these contribute to the island’s allure and its unique charm.
Active Tourist Movement Year-Round
Cyprus is blessed with an accessible location, a pleasant climate, stunning beaches, and an authentic atmosphere. All of these make it a popular tourist destination, enjoying high demand throughout the year. This is, of course, also reflected in the rental income you can receive from your apartment.
Growing Economy
Cyprus is experiencing a wave of development across all sectors—infrastructure, high-tech, industry, and commerce. The country is making massive investments to expand its entry points by air and sea, aiming to establish itself as an international hub for tourism, communications, and business. This trend has already been reflected in a consistent increase in prices overall and in real estate values in particular, but it is still far from reaching its peak, which makes the profit potential especially high.
Friendly and Stable Policy that Encourages Foreign Investment
Real estate prices in Cyprus, as well as the overall cost of living, are still low compared to similar demand areas in Israel or Europe. However, they are on a constant upward trend, meaning that investing a relatively low amount now is expected to yield several times its value in just a few years.
