Danos International Property Consultants and Valuers has conducted a new study which shows that the Cyprus property market will slow down in 2025.
According to the company's analysts, the sector is expected to grow moderately over the next two years.
At the same time, a number of factors will offset the negative impact of external events such as regional conflicts.
In turn, the high interest rates charged by banks in Cyprus will finally come down as demand stabilises and planned construction projects meet market needs.
It is worth mentioning that 300 representatives of construction companies, real estate agencies and banking institutions participated in the Danos International survey. This made it possible to get a picture of the current market conditions, price trends and expectations for the coming year.
In particular, sentiment in the Cypriot property market among professionals remains cautiously optimistic. The majority of respondents are either positive or neutral about current conditions.
For example, 13% view the current situation as 'very positive' and 33% as 'positive', a further 37% as 'stable' and only 17% as 'negative'.
Looking ahead to 2025, respondents were moderately optimistic about the future of the property market in Cyprus. A third (33%) were optimistic about the prospects for the next 12 months, while 43% expected market conditions to remain stable.
One in four respondents (24%) are pessimistic about the market outlook for 2025, although no respondents were deeply pessimistic.