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2025 Sets a Positive Trend for Cyprus Real Estate

The real estate market in Cyprus has surged forward in 2025, marking a significant 15% increase in property sales compared to the previous year. This remarkable growth in the first quarter is highlighted by the 4,137 sale documents filed, as per reports from the Registration Council of Real Estate Agents.

While there was a slight decrease of 2.9% in transaction volume, the sales value saw a robust increase of 15%, surpassing €1.1 billion annually. This promising start to the year reflects sustained demand and better alignment of supply to market needs.

Insights from Regional Markets

Limassol continues to dominate the market, boasting the highest value transfer at €428.7 million and leading in documentation volume with 1,295 sale filings. Additionally, the city recorded 1,203 transaction volumes, underscoring strong investment activities.

In Nicosia, stability reigns with 1,304 transactions valued at €283.5 million. The city attracted 932 new sale documents, reflecting keen interest in fresh developments.

The momentum from previous years carries on in Paphos, with 811 transfers totaling €199 million. This shows lively activity in property purchase, fueled chiefly by international buyers.

Larnaca saw €154 million in transactions from 843 property transfers. The sale documents numbered 910, indicating rising demand bolstered by ongoing investments, as featured in Desalination Breakthrough: Addressing Water Shortages in Cyprus.

Though the Famagusta region ranked lowest with €48 million and 251 transfers, the growth trend persists. The 171 sale documents filed signal an appeal through lower prices and tourism-driven development.

Zest Raises $1.8 Million To Build AI-Powered Restaurant Discovery Platform

Innovative Approach To Restaurant Discovery

Restaurant discovery startup Zest is using transaction data and artificial intelligence to generate dining recommendations based on users’ actual spending habits rather than reviews or saved wishlists. Founded in November 2024, the company aims to help users discover restaurants through verified dining activity and personalized recommendations.

Strategic Funding And Early Adoption

Founded in November 2024, Zest has rapidly captured market attention with $1.8 million in pre‐seed funding from notable investors, including Alexis Ohanian via 776 and Steve Jang at Kindred Ventures. The platform, which has been in beta since inception, expanded its user base steadily from a circle of friends and family to a broader audience, garnering over 100,000 visits in a matter of weeks post-launch.

Data-Driven Personalization In Action

Unlike other apps that simply compile dining wishlists, Zest’s distinctive advantage lies in its reliance on verifiable transaction data. By linking a user’s credit card to the platform, Zest imports verified dining transactions to create a personalized map of favorite eateries. This transparent method extends beyond curated posts, instead offering recommendations based on the frequency and monetary investment users commit to their chosen spots.

Leveraging Trusted Financial Partnerships

Zest integrates data through Plaid, a leading financial services provider trusted by major banks and fintech innovators. This partnership ensures that only dining-related transactions are extracted, improving the accuracy of its personalized mapping while preserving user privacy and data integrity.

Curating The Authentic Dining Experience

Co-founder Mario Gomez-Hall emphasizes the platform’s focus on genuine dining experiences over ostentatious social sharing. “It’s about uncovering your regular spots, the dependable ‘hole in the wall’ you love, not just the high-end, Michelin-rated restaurants,” he explains. With the combined technical expertise of co-founder Alex Moller, whose background includes Apple and other tech giants, Zest is poised to set a new standard in authentic dining exploration.

Expanding The Culinary Landscape

Alongside transaction-based recommendations, Zest analyses more than 80 million reviews from multiple sources, including Michelin and Reddit. The startup is also introducing new features that allow users to save personal notes about restaurants and share recommendations. A new “Fresh Picks” feature will highlight recently discovered restaurants in a format similar to Spotify’s Discovery Weekly.

Beyond Restaurants: A Vision For Urban Exploration

The company plans to expand beyond restaurant recommendations and explore additional categories of local experiences, including shopping and nightlife. According to Gomez-Hall, the long-term goal is to build a broader discovery platform focused on helping users navigate cities through personalized recommendations.


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