Cyprus’ largest development group, Leptos Estates, has been crunching the numbers and discovered that currently the independent Mediterranean island offers the best property investment potential in the European Union. Set to rise further in the next 12 months, the average yield in Cyprus reached 7 per cent in 2023, which was significantly higher than Greece (4 per cent), Italy (3 per cent) and France (2 per cent) and bettered only by Ireland (8.5 per cent).
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