The United Nations has pulled out all the stops to get a deal over the line, eyeing the best chance of a settlement in more than a decade.
"It is a real possibility that 2017 will be the year when the Cypriots, themselves, freely decide to turn the page of history," UN envoy Espen Barth Eide said in a New Year's message.
But some analysts believe that Geneva is a disaster waiting to happen because of the deep divisions between the two sides on core issues such as property, territorial adjustments and security.
"I will be surprised if there is a comprehensive agreement given the difficulties," Andreas Theophanous, head of the Cyprus Centre for European and International Affairs, told AFP.
Leaving for the talks on Sunday, the Turkish Cypriot leader told reporters that they marked a "crossroads" and it was vital to "achieve positive results and not just meet up".
"We are not at a point where Geneva will mark the final conclusion. We need to be cautious," Akinci said. "We are not pessimistic but we shouldn't assume everything is done and dusted. We are expecting a tough week."
Copyright Agence France-Presse, 2017