{"id":114306,"date":"2025-05-31T19:37:59","date_gmt":"2025-05-31T16:37:59","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=114306"},"modified":"2025-05-31T19:37:59","modified_gmt":"2025-05-31T16:37:59","slug":"millennials-gen-z-set-to-dominate-the-cyprus-property-market-in-2025","status":"publish","type":"post","link":"https:\/\/www.lamaisonestates.com\/he\/millennials-gen-z-set-to-dominate-the-cyprus-property-market-in-2025\/","title":{"rendered":"Millennials &amp; Gen Z Set to Dominate the Cyprus Property Market in 2025"},"content":{"rendered":"<p data-start=\"252\" data-end=\"599\">According to the <em data-start=\"269\" data-end=\"300\">S1 2024 Market Insight Report<\/em> by Danos International Property Consultants &amp; Valuers, the real estate game in Cyprus is shifting gears \u2014 big time. The report forecasts that Millennials (Gen Y) and Gen Z will make up 70% of real estate customers by 2025, reshaping the way properties are bought, rented, and even marketed.<\/p>\n<p data-start=\"601\" data-end=\"644\"><strong data-start=\"604\" data-end=\"644\">Shifting Lifestyles &amp; Global Impacts<\/strong><\/p>\n<p data-start=\"646\" data-end=\"871\">Danos points out that ongoing global conflicts \u2014 like the wars in Ukraine and between Israel and Hamas \u2014 have had a ripple effect on everyday life, prompting people to reevaluate priorities, including how and where they live.<\/p>\n<p data-start=\"873\" data-end=\"888\">\u00a0Add to that:<\/p>\n<ul data-start=\"889\" data-end=\"1017\">\n<li data-start=\"889\" data-end=\"914\">\n<p data-start=\"891\" data-end=\"914\">Rising interest rates<\/p>\n<\/li>\n<li data-start=\"915\" data-end=\"939\">\n<p data-start=\"917\" data-end=\"939\">Soaring living costs<\/p>\n<\/li>\n<li data-start=\"940\" data-end=\"1017\">\n<p data-start=\"942\" data-end=\"1017\">EU mandates pushing for carbon neutrality (making buildings more expensive)<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1019\" data-end=\"1174\">All of this is making homeownership less attainable for many, and rentals are becoming the more practical choice, especially among younger generations.<\/p>\n<p data-start=\"1176\" data-end=\"1206\"><strong data-start=\"1179\" data-end=\"1206\">Cyprus as a Destination<\/strong><\/p>\n<p data-start=\"1208\" data-end=\"1445\">Despite economic pressures, Cyprus remains a hotspot for those looking for a lifestyle reboot. Its sunny climate, slower pace, and strategic location make it appealing to buyers from all over \u2014 especially those wanting a fresh start.<\/p>\n<p data-start=\"1447\" data-end=\"1493\"><strong data-start=\"1450\" data-end=\"1493\">Tech-Savvy Buyers Are Changing the Game<\/strong><\/p>\n<p data-start=\"1495\" data-end=\"1606\">Today&#8217;s real estate experience is increasingly digital. Danos notes a sharp uptick in tech-driven demands like:<\/p>\n<ul data-start=\"1607\" data-end=\"1766\">\n<li data-start=\"1607\" data-end=\"1639\">\n<p data-start=\"1609\" data-end=\"1639\">2D &amp; 3D virtual walkthroughs<\/p>\n<\/li>\n<li data-start=\"1640\" data-end=\"1668\">\n<p data-start=\"1642\" data-end=\"1668\">Personalized video tours<\/p>\n<\/li>\n<li data-start=\"1669\" data-end=\"1700\">\n<p data-start=\"1671\" data-end=\"1700\">Online meetings with agents<\/p>\n<\/li>\n<li data-start=\"1701\" data-end=\"1725\">\n<p data-start=\"1703\" data-end=\"1725\">Google Maps scouting<\/p>\n<\/li>\n<li data-start=\"1726\" data-end=\"1766\">\n<p data-start=\"1728\" data-end=\"1766\">Instant access to info and amenities<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1768\" data-end=\"1951\">This digital-first mindset is especially prevalent among Millennials and Gen Z, who want convenience, transparency, and sleek presentation \u2014 all before setting foot on a property.<\/p>\n<p data-start=\"1953\" data-end=\"1999\"><strong data-start=\"1956\" data-end=\"1999\">Eco-Friendly &amp; Community-Focused Living<\/strong><\/p>\n<p data-start=\"2001\" data-end=\"2302\">Modern buyers aren\u2019t just looking for a house \u2014 they want a home that fits their values. Sustainability, walkability, pet-friendliness, and family-ready communities are non-negotiables for many. There&#8217;s a clear demand for properties that align with a green lifestyle and socially conscious living.<\/p>\n<p data-start=\"2304\" data-end=\"2346\"><strong data-start=\"2307\" data-end=\"2346\">High-End Buyers Are Raising the Bar<\/strong><\/p>\n<p data-start=\"2348\" data-end=\"2490\">For the luxury market, expectations are even higher. Discerning clients are gravitating toward established, trustworthy brands that offer:<\/p>\n<ul data-start=\"2491\" data-end=\"2611\">\n<li data-start=\"2491\" data-end=\"2516\">\n<p data-start=\"2493\" data-end=\"2516\">Authentic experiences<\/p>\n<\/li>\n<li data-start=\"2517\" data-end=\"2541\">\n<p data-start=\"2519\" data-end=\"2541\">Personalized support<\/p>\n<\/li>\n<li data-start=\"2542\" data-end=\"2583\">\n<p data-start=\"2544\" data-end=\"2583\">Professional, detail-oriented service<\/p>\n<\/li>\n<li data-start=\"2584\" data-end=\"2611\">\n<p data-start=\"2586\" data-end=\"2611\">Top-notch digital tools<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2613\" data-end=\"2729\">This means real estate agencies need to step up \u2014 it\u2019s no longer just about listings, it\u2019s about the experience.<\/p>\n<p data-start=\"2952\" data-end=\"2985\"><em data-start=\"2955\" data-end=\"2985\">Source: Cyprus Property News<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>According to the S1 2024 Market Insight Report by Danos International Property Consultants &amp; Valuers, the real estate game in Cyprus is shifting gears \u2014 big time. The report forecasts that Millennials (Gen Y) and Gen Z will make up 70% of real estate customers by 2025, reshaping the way properties are bought, rented, and [&hellip;]<\/p>","protected":false},"author":9,"featured_media":114307,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/114306"}],"collection":[{"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/comments?post=114306"}],"version-history":[{"count":2,"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/114306\/revisions"}],"predecessor-version":[{"id":114309,"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/114306\/revisions\/114309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/media\/114307"}],"wp:attachment":[{"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/media?parent=114306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/categories?post=114306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/he\/wp-json\/wp\/v2\/tags?post=114306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}