The construction and real estate industry is a key driver and indicator of economic activity. In recent years, Cyprus has experienced a remarkable rise in property prices followed by intensive construction activity, especially in the residential property sector. The rising construction and real estate sector boosted by demand from the international community has contributed to the country’s economic growth significantly. Today’s dynamic and ever-changing world, rapid and unexpected changes in international market conditions, regulations, taxes and other considerations render the business environment more complex. These additional risks and concerns need to be tackled through specialised knowledge, in order to reach wise and timely decisions.
How can PwC help you
In PricewaterhouseCoopers you have a partner that can assist in achieving your business and financial goals. Using an integrated approach to problem-solving, our real estate professionals can respond to your specific needs and help you through each phase of the real estate cycle and across a broad spectrum of activities, including tax structuring and compliance, business development strategies, financing options, feasibility studies and evaluating acquisitions.