💼 Cyprus is strengthening its position on Europe’s technology map. The number of specialists in information and communication technologies in Cyprus increased from 9,900 in 2016 to 24,700 in 2025. Over nine years, the figure grew by approximately 2.5 times, while the share of ICT specialists in total employment reached 4.9%.

🏢 The relocation of technology companies is creating demand across several real estate segments at once. Companies need offices, employees need housing, and families need apartments and houses close to schools, healthcare infrastructure, and business districts.

🏗️ Limassol remains the main centre of business relocation. The city concentrates international companies, the financial sector, technology teams, office space, and premium residential property. As a result, Limassol feels the strongest demand from businesses and highly paid professionals.

🌊 Larnaca attracts buyers with a lower entry budget and developing infrastructure. Paphos remains popular among European buyers and relocants who prefer a calmer pace of life. Nicosia continues to serve as the island’s administrative, educational, and business centre.

📈 Recent transaction data also confirms market activity. In May 2026, Cyprus registered 1,723 property sale contracts, which is 5% more than a year earlier. Sales to buyers from European Union countries increased by 31%, while demand from non-EU buyers decreased by only 1%. Several types of properties are becoming especially relevant for business relocation:

— apartments and houses for long-term residence of employees and business owners;
— office premises and serviced offices;
— family housing close to international schools and healthcare infrastructure;
— investment properties for long-term rental to relocants.

📦 Registering a company in Cyprus does not solve all relocation tasks. Businesses need to accommodate employees, rent or buy office space, provide families with access to schools and healthcare services, and create conditions for long-term residence. This is increasing interest in modern residential complexes.

📊 The growth of the technology sector is changing the investment logic of Cyprus. Seaside resort properties remain attractive, but real estate for long-term rental, family living, and specialist accommodation is also gaining importance.

🏠 Properties located near business districts, international schools, healthcare infrastructure, and office clusters have the strongest potential. For investors, this is a more sustainable scenario than relying only on seasonal rental demand.

🔎 Planning to buy property in Cyprus for living, investment, or business relocation? Explore current listings on Realting and choose a property that fits a long-term strategy.