
Experts see the development of tourism in the republic as one of the main reasons. In addition, the country is actively introducing modern technologies to promote objects intended for short-term lease. Airbnb remains the main driver of the rental market.
High rates of growth in prices for housing and commercial properties, as well as an increase in rental rates are the main features of the rapidly developing resort of Limassol. In recent years, empty territories have been actively built up here, including those located by the sea. International companies are showing an increased interest in commercial projects, which contributes to the emergence of office centers and other commercial and business facilities.