What the future holds for real estate in Cyprus
Yannis Misirlis - director of the construction company Imperio Group

The head of the construction concern Imperio Group, Yannis Misirlis, answered the question of Russian investors:
- What the future holds for real estate in Cyprus?
- First, let me say that I am very pleased with how the government of Cyprus and, most importantly, the people of Cyprus have dealt with the lockdown situation, ”Misirlis said. - As a result, we were able to become a country with practically no coronavirus. In a very short period of time, airports opened in Cyprus a few weeks ago and this paves the way for economic recovery.

Real estate ... This beautiful island has been and remains an attractive destination for many economically savvy foreign investors who understand the long-term benefits of investing in real estate on an island where land is a unique commodity.

I often use the term "long term" because real estate is a long distance running. - summed up Yannis Misirlis.

In confirmation of the words of the head of Imperio Group, now in Cyprus there is a surge in applications for the purchase of real estate by foreign investors, including citizens of Russia, Ukraine, Belarus and Kazakhstan. Despite the temporary lack of air connections with these countries, investors continue to buy apartments and villas in Cyprus. Only now, distance purchase of real estate in Cyprus is gaining more and more popularity.