Cyprus has emerged as the top destination worldwide for purchasing holiday homes, according to the latest Global Holiday Home Index published by Australian comparison site Compare the Market. Outperforming 49 other popular locations—including Malta, Italy, Greece, and Spain—Cyprus’s rise to the summit underscores its long-standing allure for international property buyers.
The Mediterranean island’s appeal stems from a combination of stunning coastal landscapes, a sun-drenched climate, and a rich cultural heritage. Compare the Market highlighted Cyprus’s connection to ancient mythology as the birthplace of Aphrodite, alongside its excellent local wines and fresh produce, making it a unique lifestyle destination.
One of Cyprus’s significant strengths lies in its vibrant culinary scene, boasting an impressive density of 534 restaurants per 100,000 residents. The island’s mild weather—with an average temperature of 20.2°C and low rainfall around 31.89mm per month—makes it an attractive spot all year round. Adventure seekers also benefit from a wide array of recreational activities, with Cyprus ranking in the top 10 globally for things to do (334 activities per 100,000 people).
From an investment perspective, Cyprus presents a compelling value proposition. The country’s real house price index stands at a moderate 99.6, based on OECD data, signifying greater affordability compared to other hotspots. This balance of cost-effectiveness and lifestyle advantages continues to make Cyprus a preferred choice for buyers seeking holiday homes.
If you’re exploring options, take a look at affordable houses and villas for sale in Cyprus as well as our range of budget-friendly apartments. These listings offer excellent entry points into the Cypriot property market.
Important: Whether purchasing a holiday home or a permanent residence in Cyprus, comprehensive due diligence is essential. For guidance on navigating Cyprus’s property buying process, you can follow our detailed due diligence guide.
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