Insights | 10 October 2020 | Cybarco Development Ltd

Michalis Hadjipanayiotou , CEO, Cybarco Development Ltd

We have every reason to remain optimistic and expect demand to continue to be strong in 2021, especially for ready to move in properties and projects approaching their delivery.

CyprusProfile.com asked Cybarco Development Ltd CEO Michalis Hadjipanayiotou which key areas of opportunity or growth he sees in the construction and real estate sector, and what his expectations are for Cyprus in 2021.

Our authorities’ excellent handling of the recent pandemic managed to raise our profile and created a lot of interest in purchasing property in Cyprus. Buyers on the high end of the market are continually looking for opportunities to invest, particularly in destination developments with high returns, offering an exit strategy. We have every reason to remain optimistic and expect demand to continue to be strong in 2021, especially for ready to move in properties and projects approaching their delivery.

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