Elena Narbuts, VP of Sales & Marketing at Marfields, moderated the panel discussion “Cyprus in Play: Where Global Capital Is Looking Now” at REALTYon Expo 2026, bringing together senior representatives from development, legal and investment sectors to discuss how Cyprus is repositioning itself within the international real estate landscape.

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The conversation focused on how the profile of the international buyer has changed in recent years — and what is driving capital toward Cyprus in 2026. Panelists discussed the shift beyond the “golden passport era,” noting that today’s buyers are increasingly motivated by long-term lifestyle value, legal stability, tax structure, connectivity, and the overall quality of the product itself.

A significant part of the discussion centered around how rapidly the premium residential market in Cyprus has evolved in recent years. Speakers noted that many of the residential formats, service standards and lifestyle expectations shaping the market today simply did not exist in Cyprus five years ago. What is being developed and sold today reflects a fundamentally different level of product, infrastructure and buyer expectation.

The panel also examined how Cyprus compares to competing destinations, as well as the broader question of whether the island’s current growth in prime residential pricing remains sustainable. Speakers agreed that the movement in prime Limassol is being driven not by short-term speculation, but by the emergence of a more mature and internationally aligned residential market.

Other topics included legal transparency, title deed reforms, tax competitiveness, sustainability expectations among HNW buyers, and whether Cyprus has sufficient international demand depth to absorb the growing pipeline of luxury developments currently under construction.

The panel featured Constantinos Savvides of bbf:, Evangelia Eliadou of Pafilia Property Developers, Zoran Radovanovic of BrainRocket, and Phanos Philippou of Nicos Chr. Anastasiades & Partners LLC.

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