Buying off-plan property in Cyprus: a trap or a smart investment?

Cyprus is synonymous with real estate. In recent years, the real estate market in Cyprus has seen a surge in the popularity of off-plan properties. This may be because of high demand and low supply of ready to be delivered properties. Whatever the reason may be, it is undisputed that these off-plan properties offer unique opportunities and challenges for buyers.

Let us dive in and take a closer look at the benefits and downsides of off-plan properties and how downsides can be dealt with.