Tag: Cyprus real estate

Posted on

NEWS: Positive Trends in Greece and Cyprus Property Markets Continue to Attract Investors

NEWS: Positive Trends in Greece and Cyprus Property Markets Continue to Attract Investors

Despite economic challenges across Europe, including rising inflation and interest rates, the property markets in Greece and Cyprus are showing resilience, making them attractive destinations for both local and international investors.

Find Your Ideal Second Home in Cyprus, Greece, or the Greek Islands

If you’re looking to find your ideal second home in Cyprus, Greece, or the Greek Islands, you’ve come to the right place. Our dedicated team is ready to guide you through every step of the property search and acquisition journey. Contact us today on +44 7740 735144 or stephen@myelysium.co.uk to discover how we can help you secure the perfect second home in these stunning Mediterranean destinations. Our team is here to make your dream a reality, offering expert guidance and personalised support throughout the entire process.

Why Invest in Greece and Cyprus Real Estate in 2024?

The housing markets in both countries are driven by a combination of strong foreign investment and steady local demand. Particularly in Cyprus, the real estate market continues to thrive, with the first quarter of 2024 reflecting robust growth. According to recent data, the Central Bank of Cyprus reported a 7.8% annual increase in house prices during this period, slightly lower than the 8.3% growth seen in the previous quarter. Notably, apartment prices surged by 13.9%, underscoring the high demand in this segment.

The Growth of Luxury Properties in Cyprus

Luxury properties remain a significant contributor to Cyprus’s real estate market, with total sales reaching €2 billion. This momentum has carried into 2024, indicating sustained interest, especially from foreign buyers. In 2023 alone, 6,900 properties in Cyprus were purchased by international buyers, marking a 16% increase from the previous year.

Rising Demand for Class A Office Space in Cyprus

In the commercial sector, demand for Class A office space in Cyprus has reached its highest level in five years, recovering strongly from the pandemic downturn. Despite an increase in supply, office rental prices remain high, particularly in key areas like Limassol, Larnaca, and Nicosia, driven by consistent demand and evolving market standards.

Understanding the Booming Real Estate Market in Greece

In Greece, the real estate market is similarly robust. The Bank of Greece reported that the average house price in Athens’ southern suburbs hit €3,750 per square metre in Q1 2024, making it the highest nationwide. Piraeus led with a remarkable 28.9% annual increase in house prices. On a national scale, apartment prices grew by 10.4%, with significant gains across various regions, including Athens, Thessaloniki, and other urban areas.

Explore Investment Opportunities in Greece and Cyprus Real Estate

For those considering investments in Greece or Cyprus, the positive outlook in these markets offers promising opportunities. As the European Central Bank potentially lowers interest rates, the anticipated increase in local buyer activity, combined with an expanding supply of residential properties, is expected to balance the market, making it an ideal time for prospective buyers to explore options in these thriving Mediterranean regions.

How MyElysium Can Help You Find Your Dream Second Home in the Mediterranean

At MyElysium, we pride ourselves on delivering an exceptional level of service. Our experienced team is dedicated to helping you find the perfect second home in Cyprus, Greece, or the Greek Islands. We believe in building long-lasting relationships with our clients, ensuring that you are completely satisfied with your new property. From the initial consultation to the final purchase, we’re with you every step of the way.

Contact Us to Start Your Journey to Owning a Second Home

If you’re ready to find your dream second home in Cyprus, Greece, or the Greek Islands, look no further. Our expert team is here to assist you with every aspect of the property search and acquisition process.

Contact us today to learn more about how we can help you find the perfect second home in these beautiful and culturally rich regions. Let us make your dream of owning a second home in paradise a reality!

Posted on

Are you looking for a second home in Cyprus, Greece or the Greek Islands?

Are you dreaming of owning a second home in Cyprus, Greece or the Greek Islands? Whether you’re looking for a peaceful retreat by the sea or a vibrant city apartment, these stunning locations offer a wealth of opportunities. We understand that searching for the perfect property can be overwhelming, but we’re here to make the process as smooth and stress-free as possible.

Why choose Cyprus, Greece, or the Greek Islands for your second home?

Cyprus, Greece and the Greek Islands are some of the most sought-after destinations for buying a second home. With their rich history, breathtaking landscapes, and vibrant cultures, these regions offer a unique blend of beauty and lifestyle. Whether you’re captivated by the stunning beaches of Cyprus, the ancient ruins of Greece, or the charming villages of the Greek Islands, owning a property in any of these locations means living in paradise.

Our comprehensive services to find your ideal second home

At MyElysium, we specialise in helping clients find their perfect second home in Cyprus, Greece or the Greek Islands. We offer a wide range of services designed to meet your specific needs and ensure a seamless property search.

Location selection and Property search

Choosing the right location is crucial when buying a second home. Our team of experts will guide you in selecting the perfect spot that matches your lifestyle and preferences. Whether you desire a seaside villa in Cyprus, a traditional stone house in the Greek Islands, or a modern apartment in Athens, we’ll help you find the best properties available.

Legal and Financial assistance

Navigating the legal and financial aspects of buying a property in another country can be challenging. We provide comprehensive support with all the legal documentation, tax implications, and financial transactions involved in purchasing a second home in Cyprus, Greece or the Greek Islands. Our goal is to ensure that every detail is handled with precision, giving you peace of mind throughout the process.

Personalised service tailored to your needs

We understand that every client has unique needs and preferences when it comes to finding a second home. That’s why we take the time to get to know you personally, so we can offer customised advice and recommendations. Whether you’re looking for a quiet retreat, an investment opportunity, or a family vacation home, we tailor our services to meet your specific requirements.

Why choose MyElysium for your second home search?

At MyElysium, we pride ourselves on delivering an exceptional level of service. Our experienced team is dedicated to helping you find the perfect second home in Cyprus, Greece or the Greek Islands. We believe in building long-lasting relationships with our clients, ensuring that you are completely satisfied with your new property. From the initial consultation to the final purchase, we’re with you every step of the way.

Start your journey to owning a second home today

If you’re ready to find your dream second home in Cyprus, Greece, or the Greek Islands, look no further than MyElysium. Our expert team is here to assist you with every aspect of the property search and acquisition process.

Contact us today to learn more about how we can help you find the perfect second home in these beautiful and culturally rich regions. Let us make your dream of owning a second home in paradise a reality!

Posted on

In Focus : Limassol

Why Choose Limassol for Your Property Investment?

Limassol, with its stunning natural beauty and vibrant lifestyle, is a prime location for property investment. The city offers an enticing blend of modern amenities and rich history, making it an attractive choice for both local and international buyers. If you’re considering buying a property in Limassol, this city provides a unique opportunity to enjoy luxury living amidst breathtaking surroundings.

Explore Limassol’s Golden Beaches and Seafront Properties

One of the most attractive features of Limassol is its long stretch of golden beaches, making it a popular destination for tourists and locals alike. Properties along the Limassol beaches offer not only spectacular views but also easy access to a wide range of activities, including swimming, sunbathing, and water sports. Owning a seafront property in Limassol means enjoying a picturesque coastal lifestyle and a serene escape from the hustle and bustle of city life.

Invest in Limassol’s Historic and Cultural Landmarks

Apart from the beaches, Limassol is also home to a wealth of historical and cultural landmarks. The Limassol Castle is a medieval fortification that has stood for over 400 years and is now a popular tourist attraction in Limassol. Investing in property near the Limassol old town area provides access to narrow streets, charming cafes, and traditional buildings. These historic sites in Limassol not only enhance the appeal of the city but also add value to the properties located nearby.

Enjoy the Vibrant Nightlife and Entertainment in Limassol

Limassol boasts a thriving nightlife scene, with numerous bars, clubs, and restaurants to choose from. Living in Limassol means being a part of a city known for its dynamic social scene and diverse culinary offerings. Whether you’re looking to enjoy a quiet meal or a night out, the nightlife in Limassol caters to all tastes. Properties in the city centre or near popular entertainment districts offer easy access to the vibrant lifestyle that Limassol is famous for.

Discover the Shopping Experience in Limassol

For those who enjoy shopping, Limassol offers a range of modern shopping malls, boutiques, and traditional markets. Properties near Limassol’s shopping venues provide residents with convenient access to a wide array of shopping options, from designer brands to local crafts. Whether you’re looking for unique gifts or the latest fashion trends, living in Limassol offers a fantastic shopping experience.

Find Your Dream Property in Limassol

Whether you’re looking for a luxurious villa, a modern apartment, or a charming townhouse, Limassol has a diverse range of properties to suit your needs. The city’s real estate market is thriving, offering excellent opportunities for both personal use and investment. If you’re considering a long-term stay or simply want to explore the options available, check out our available properties in Limassol to find your perfect home.

Ready to Invest in Limassol? Contact Us for More Information!

If you’re interested in buying property in Limassol, contact us for more information. Our experienced team is here to guide you through the process and help you find the ideal property that meets your needs and preferences.