For every type of asset, BNP Paribas Real Estate – Valuation has local valuers that can answer your property valuation needs across Cyprus. Multinational companies have been drawn to the island nation thanks to governmental incentives for foreign and local investors. Discover what the Cypriot property market has to offer.
BNP Paribas Real Estate – Valuation is able to address the real estate valuation needs of clients for all property asset types in Cyprus.
The capital city of Nicosia is the financial centre of Cyprus. It is home to the public sector and most of the large businesses operating on the island. Old Nicosia will soon be dubbed the city’s “Creative Business District” as the municipality makes room for innovative businesses along Lidinis Street. There has also been an increase in demand for new offices just outside of the city, as key road arteries make work commutes easier.
Limassol is Cyprus’second largest city and serves as a major port for both industrial and passenger traffic. With advanced facilities and warehouses, Limassol has become a major centre for logistics. The city is also a popular hub for international cruise ship “stop overs,” making it an attractive location for tourism industries in Cyprus.
The seaside cities of Paphos and Famagusta are also prime tourist destinations in Cyprus. Paphos’ beaches make it an ideal location for tourists. As a result, the cities have booming retail and hotel industries.
Our property experts in Cyprus can evaluate local rental value and market value in order to perform an effective property valuation of your assets on the island.
*Source: World Bank
**Source: BNPPRE Office Handbook 2017
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