The imposition of high tariffs by the United States has caused severe disruption in international markets, disrupting the balance in global trade.
Within this unstable economic environment, however, a new opportunity is emerging for Cypriot real estate.
Speaking to InBusinessNews , the Chairman of Cyprus Property Developers Association and Founder and Director of Imperio, Yiannis Misirlis, emphasised that Cyprus offers a fairly favourable tax system and a stable political environment, which attracts foreign investment.
At the same time, Cypriot real estate has historically functioned as a “safe haven” in periods of economic uncertainty and inflation, as it is an investment with stable future value.
It is no coincidence that the Cypriot real estate market is experiencing increased demand, due to the continuous attraction of investors seeking stable returns and long-term security.
At the same time, the short-term rental market is also showing high demand, further enhancing the investment attractiveness of Cyprus.
“While many analysts estimate that the trade war and the resulting uncertainty in the markets will continue, while further inflation is forecast, real estate will once again play a compensating role,” Misirlis said.
Within this context, it is reasonable to expect an increase in investments in the coming period, as investors turn to safer investment destinations that offer stable returns,” he continued.
Finally, he emphasised how conditions in the international scene make real estate “a safe haven”, as they maintain or even increase their value more than other assets, making them attractive and a first choice for investment.
Source: cbn.com.cy
