Cyprus has topped the global ranking of the best countries to buy a holiday home, according to a new international index published by the Australian analytical platform Compare the Market. The study evaluated 50 popular destinations worldwide, with Cyprus taking first place—ahead of traditionally sought-after countries such as Malta, Italy, Greece, and Spain.
This result confirms the sustained interest in Cypriot real estate among foreign buyers and investors. The island continues to strengthen its position as one of the most advantageous and comfortable destinations for purchasing both resort properties and second homes.
Why Buyers Choose Cyprus for Property Investment
The authors of the study note that Cyprus’s success is driven by a winning combination of climate, natural beauty, and rich cultural heritage. The mild Mediterranean weather, long beaches, and scenic coastlines make the island an ideal place for year-round leisure.
Cyprus’s historical significance, linked to ancient civilizations and myths, is also highlighted. The island is traditionally associated with Aphrodite, the goddess of love, giving it a unique romantic and symbolic appeal. This is complemented by a well-developed food culture, high-quality local produce, and renowned Cypriot wines, which are highly valued by both tourists and permanent residents.
Climate, Cuisine, and an Active Lifestyle
In the Compare the Market ranking, Cyprus received particularly high scores for the diversity of its dining scene. The island boasts 534 restaurants per 100,000 people, making it one of the most gastronomically rich destinations in Europe—an important factor for those considering a holiday home or extended stays.
Climate was another decisive advantage. Cyprus has an average monthly rainfall of just 31.89 mm, ensuring plenty of sunshine and comfortable living conditions throughout the year. In addition, the island ranked among the top ten countries for the number of available leisure activities, with 334 options per 100,000 people. This makes Cyprus equally appealing for relaxed beach living and an active lifestyle.
Property in Cyprus: A Balance Between Price and Quality of Life
From an investment perspective, Cyprus also performed strongly. According to the Organisation for Economic Co-operation and Development (OECD), the island’s real House Price Index stands at 99.6, indicating a relatively affordable market compared to other popular European destinations. For buyers, this means the opportunity to acquire property with a favorable price-to-quality ratio, without the premiums seen in overheated markets.
In recent years, Cyprus has increasingly attracted foreigners not only as a tourist destination but also as a country for relocation, remote work, and retirement. This is supported by a stable legal system, EU membership, well-developed infrastructure, and a favorable tax regime for individuals.
What to Consider When Buying Property in Cyprus
Experts emphasize that when purchasing a holiday home or a permanent residence in Cyprus, it is essential to conduct thorough legal due diligence. This includes verifying land status, permits, title deeds, and compliance with current legislation. A careful and professional approach helps minimize risks and ensures a safe and profitable transaction.
Cyprus Strengthens Its Global Position
Being recognized as the best country in the world to buy a holiday home highlights Cyprus’s long-term potential. The successful blend of climate, lifestyle, affordability, and investment appeal makes the island one of the most desirable destinations for international property buyers. Given the growing interest in the Mediterranean and steady demand for high-quality seaside homes, analysts believe Cyprus will maintain its leading position in the years to come.