Sotheby's International Realty expands into Cyprus with a new team and office
October 29, 2019: The Sotheby's International Realty network currently has more than 23,000 affiliated independent sales associates located in nearly 1,000 offices in 71 countries and territories worldwide. Broadening the horizons even further, Sotheby's International Realty Affiliates LLC announced its expanding presence in Europe with the opening of Cyprus Sotheby's International Realty. Cyprus Sotheby's International Realty is owned and led by Andrey Manukovskiy, chairman, and Anastasia Yianni, chief executive officer, who have practiced real estate in Cyprus for 19 years.
"The luxury real estate market in Cyprus continues to grow due to the appeal of the Mediterranean lifestyle, the sunny climate and our hospitable culture," said Ms. Yianni. "From a global perspective, we are noticing interest from Europe, China, India, and Russia.”
Cyprus Sotheby's International Realty is located in Pafos and will serve the luxury residential markets of Limassol, Pafos, Nicosia, Larnaca and Agia Napa." Cyprus continues to attract high-net-worth individuals from a variety of markets around the world due to its strategic location and high quality, high yield investment opportunities," said Philip White, president and chief executive officer, Sotheby's International Realty.
In 2018, the brand achieved a record global sales volume of $112 billion. Cyprus Sotheby's International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm's brokers and clients will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs.