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Increasing demand in the summer property market in Cyprus

24.05.2017

According to the announcement of the Minister of Energy, Trade, Industry and Tourism, Yorgos Lakkotripis, on the Cyprus radio Active on May 22, the number of tourists choosing Cyprus as a destination for their summer holidays is continuously growing.

This is happening due to a number of factors, such as: good price-quality ratio, developed infrastructure, a big variety of touristic products in different price categories for different age groups and a convenient geographical location of the island itself.

Tourists who haven’t booked their summer vacation in advance are risking to not find the suitable accommodation options. Some of them even travel to rest in the so-called "TRNC", the Turkish part of the island, due to not finding affordable options on the territory of the Republic of Cyprus.

The reason for such a risky choice is the increased demand for hotels and summer rentals on the southern part of the island and the lack of available places. The Minister at the same time happily noted the growing interest in Cyprus tourism. According to official data, last year alone the number of tourists visiting the republic reached 3.2 million people and further growth is observed this summer season as well.

Hotels on the island are booked a month or two in advance and the same situation is observed with the reservation of apartments, townhouses and villas. Summer rentals’ popularity is increasing from year to year due to their cost, location, and the quality of housing. Therefore, when choosing Cyprus as a safe, comfortable and popular holiday destination, it is worth foreplaning the hotel and apartments’ selection in advance.

ReLux Estates is your reliable partner when choosing Cyprus as a summer destination, having the most expanded base of rental options, and our experts will pick the most relevant and interesting housing options for holidaying on our beautiful island.

At ReLux Estates will happily take care of all the organizational aspects for your holiday, promptly and professionally will help you organize a transfer, rent a car and offer many other additional services to ensure you holiday is comfortable and carefree!

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