Limassol, Cyprus. Trade Minister Michael Damianos said on Thursday that Cyprus is open for business as a stable, predictable and secure investment destination. His remarks came as PwC Cyprus reported record-high real estate transaction activity in 2025, reaching a total value of €6.5 billion.
Damianos addresses international investment conference
Speaking at the opening of the international investment conference of the Great Britain Cyprus Business Association (GBCY) in Limassol, Damianos said the audience’s presence represented “a clear vote of confidence in Cyprus as a reliable, resilient and competitive international business centre.” He highlighted the importance of continued engagement with global investors.
He also expressed the government’s appreciation for their contribution to expanding Cyprus’ economic reach and creating new investment opportunities on the island.
Foreign investment described as essential for Cyprus
Referring to the role of capital inflows, Damianos said foreign direct investment remains a cornerstone of economic growth, particularly for smaller economies.
“For a small, open economy like Cyprus, they are not simply important, they are essential,” he said.
He added that investment inflows directly enhance economic resilience, while also strengthening productivity and competitiveness among domestic businesses.
PwC Cyprus reports record activity in 2025 real estate market
The Cyprus real estate market eclipsed previous ceilings in 2025, with record-high transaction activity pushing the sector to a total value of €6.5 billion, according to PwC Cyprus.
In its annual report on the Cypriot real estate market, PwC Cyprus outlined the main developments and trends that shaped the sector in 2025, noting that the findings relate to market activity before the outbreak of the war in the Middle East.
PwC Cyprus said the total value of properties transacted rose by 8 per cent from €6 billion in 2024, while the total number of transactions increased by 4 per cent to 25,600. The average monthly transaction value climbed to €543 million.
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