{"id":120623,"date":"2025-11-22T18:36:12","date_gmt":"2025-11-22T16:36:12","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=120623"},"modified":"2025-11-22T18:36:12","modified_gmt":"2025-11-22T16:36:12","slug":"developers-call-for-new-model-digital-reform-and-esg-focus-key-to-property-markets-future","status":"publish","type":"post","link":"https:\/\/www.lamaisonestates.com\/ru\/developers-call-for-new-model-digital-reform-and-esg-focus-key-to-property-markets-future\/","title":{"rendered":"Developers Call for “New Model”: Digital Reform and ESG Focus Key to Property Market’s Future"},"content":{"rendered":"

Despite a <\/span>robust performance<\/span>\u2014with property sales increasing <\/span>13%<\/span> in the first nine months of 2025\u2014Cyprus’s real estate leaders are warning that the market must undergo a fundamental transformation to maintain its competitive edge.<\/span> In the November issue of <\/span>GOLD<\/span><\/i> magazine, <\/span>Yiannis Misirlis<\/span>, Chairman of the Cyprus Property Developers Association, and <\/span>Andreas Demetriades<\/span>, President of the Association of Large Investment Projects, outlined a comprehensive strategy focused on <\/span>sustainability, digital reform, and administrative efficiency<\/span>.<\/span><\/p>\n

Shifting Demand: The Rise of Quality and ESG<\/b><\/h3>\n

Investor confidence remains high, fueled by Cyprus’s growing status as a regional business and investment hub.<\/span> However, demand is no longer just volume-driven; it is <\/span>shifting decisively toward high-quality, smart, and sustainable projects<\/span>.<\/span><\/p>\n

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    Modern Workspaces:<\/span><\/b> High demand exists for technologically advanced offices featuring <\/span>energy-efficient systems<\/span> and <\/span>eco-friendly materials<\/span>, driven by both environmental awareness and long-term operating cost benefits.<\/span><\/p>\n<\/li>\n

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    Lifestyle Projects:<\/span><\/b> Gated communities<\/span> that emphasize <\/span>security, privacy, and shared amenities<\/span> are growing in popularity, catering to a lifestyle-focused clientele.<\/span><\/p>\n<\/li>\n

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    ESG Integration:<\/span><\/b> Developers are increasingly adopting <\/span>Environmental, Social, and Governance (ESG) standards<\/span>, integrating features like <\/span>photovoltaic systems, green spaces, and water management solutions<\/span>.<\/span><\/p>\n<\/li>\n<\/ul>\n

    The Roadmap for Competitiveness: Reform Priorities<\/b><\/h3>\n

    To support this shift toward high-quality development, the industry leaders argue that the public sector must urgently implement reforms to create a <\/span>modern and resilient built environment<\/span>.<\/span><\/p>\n

    1. Administrative & Licensing Reform<\/b><\/h4>\n
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      Faster Procedures:<\/b> Streamlining and accelerating the notoriously slow <\/span>licensing and permitting procedures<\/span> is deemed essential to reduce development delays and boost overall competitiveness.<\/span><\/p>\n<\/li>\n

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      Proposed Ministry:<\/b> The establishment of a <\/span>Deputy Ministry of Development & Competitiveness<\/span> is proposed.<\/span> This new body would centralize strategic functions, including a <\/span>Unified Investor Service<\/span> and a <\/span>One-Stop Service<\/span> for major investments, significantly simplifying bureaucracy.<\/span><\/p>\n<\/li>\n<\/ul>\n

      2. Digital & Fiscal Transformation<\/b><\/h4>\n

      A <\/span>new development model<\/span> is needed, centered on <\/span>digital transformation<\/span> and more efficient public administration.<\/span> Priorities include:<\/p>\n

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        E-Governance Expansion:<\/span><\/b> Broadening digital public services to simplify interactions.<\/span><\/p>\n<\/li>\n

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        Tax Reform:<\/span><\/b> Reviewing the tax system, including incentives for <\/span>energy-efficient construction<\/span> and green practices.<\/span><\/p>\n<\/li>\n

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        Infrastructure:<\/b> Investing in <\/span>strong infrastructure<\/span>, including transport, digital networks, and community services.<\/span><\/p>\n<\/li>\n<\/ul>\n

        Leveraging Existing Strengths<\/b><\/h3>\n

        Cyprus already holds several key advantages that make it an attractive destination .<\/p>\n

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          Strategic Fundamentals:<\/span><\/b> A <\/span>competitive tax regime,<\/span> a <\/span>stable legal framework,<\/span> and a <\/span>skilled workforce<\/span> provide a solid foundation.<\/span><\/p>\n<\/li>\n

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          New Sectors:<\/span><\/b> Emerging high-value sectors such as <\/span>healthcare, education, technology, and energy<\/span> offer promising new avenues for real estate investment.<\/span><\/p>\n<\/li>\n

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          Schengen Accession:<\/span><\/b> The anticipated accession to the Schengen Area is expected to <\/span>boost openness and investor confidence<\/span>, further enhancing the island’s accessibility.<\/span><\/p>\n<\/li>\n<\/ul>\n

          The consensus from the industry is that while private sector innovation is crucial, a strong, sustainability-focused national strategy\u2014backed by efficient public administration\u2014is the only way to ensure the island’s long-term economic prosperity and real estate appeal.<\/p>\n

          Source: Cyprus Property News\u00a0<\/span><\/em><\/p>","protected":false},"excerpt":{"rendered":"

          Despite a robust performance\u2014with property sales increasing 13% in the first nine months of 2025\u2014Cyprus’s real estate leaders are warning that the market must undergo a fundamental transformation to maintain its competitive edge. In the November issue of GOLD magazine, Yiannis Misirlis, Chairman of the Cyprus Property Developers Association, and Andreas Demetriades, President of the […]<\/p>","protected":false},"author":9,"featured_media":120624,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/120623"}],"collection":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/comments?post=120623"}],"version-history":[{"count":1,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/120623\/revisions"}],"predecessor-version":[{"id":120625,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/120623\/revisions\/120625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media\/120624"}],"wp:attachment":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media?parent=120623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/categories?post=120623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/tags?post=120623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}