Cyprus Real Estate Trends 2020

Cyprus is ready for advanced real estate software
 
Cyprus real estate market is changing faster than ever and it is predicted that this positive trend will continue as this property market is constantly developing and becoming more attractive to global investors. That is exactly why UltraIT are preparing a visit to Cyprus.

In 2020 Cyprus will develop 450,000 square meters of modern retail space, which will facilitate the entry of many new brands to the market.
The residential market is not lagging either as a significant number of large residential complexs are currently under construction in Nicosia, Kition inLarnaca and Limassol del Mare. This will add to the appeal of the Cyprus market and will lead to a new supply of luxury residential spaces

It is important to note that the availability of financing is a big component in the growth of the investment market in Cyprus. The banks are generally willing to finance yielding assets with sustainable income at attractive rates. Judging by the research and analyses from the past few years, Cyprus is a desirable investment. 

Due to these positive trends, Cyprus must feel the need to be supported by a strong software supplier. The experts of UltraIT are planning to visit the booming real estate market in March 2020 and will offer advanced software and website templates for estate agents. This will include our newly developed newsletter software and the growing MLS system. Cyprus is ready for UltraIT and UltraIT is ready for Cyprus!

To request your free demo, please email or WhatsApp us for your mid March appointment