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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.

Uber Partners With Zipline To Expand Drone Delivery On Uber Eats

Uber is adding Zipline’s drones to its Uber Eats network as the companies look to scale drone deliveries across the U.S. The partnership also includes an investment from Uber, although the companies did not disclose its size.

The first Zipline deliveries through Uber Eats are expected by the end of 2026 in markets where the drone company already operates. The partners eventually aim to expand the service to dozens of U.S. cities and reach as many as 1 million drone deliveries per day by the end of 2029.

Uber Expands Its Autonomous Delivery Strategy

The deal is part of Uber’s broader strategy of partnering with multiple companies developing autonomous transportation technologies. Rather than building all of these systems itself, the company has invested in and added outside providers to its platform.

Uber has followed a similar approach with autonomous vehicles, committing billions of dollars to partnerships across the sector. The strategy allows the company to expand into emerging technologies without developing every system internally.

Drone delivery is not new territory for Uber. The company previously explored the technology through its former Uber Elevate division and returned to the market last year through a partnership and investment in Israeli startup Flytrex.

Faster Deliveries, Bigger Market

Uber expects Zipline’s drones to complete some Uber Eats orders within five to 10 minutes. CEO Dara Khosrowshahi said the company sees rapid delivery as a potential driver of the next phase of growth for Eats.

For Zipline, the partnership provides access to Uber’s large customer and delivery network. The San Francisco-based company recently raised $800 million in an extended Series H round, bringing its valuation to $7.6 billion.

The companies now plan to combine Zipline’s drone technology with Uber Eats’ platform as they work toward making autonomous aerial delivery available to millions of customers.

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Aretilaw firm

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