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 2019.
The property market, particularly on the high end, is continuing to experience steady growth as Cyprus develops into a highly sought-after destination with marinas, golf courses and a casino. We are optimistic about the ongoing momentum at our new development, Trilogy Limassol Seafront, which is also attracting high end buyers. Cyprus needs to continue with the necessary reforms, reduce bureaucracy and facilitate foreign investments so that this growth can continue.