Cyprus Charts A Promising Future In Tourism With Extended Winter Season

by THEFUTURE.TEAM

November 7, 2025

Cyprus is positioning itself for a remarkable tourism rebound as Deputy Tourism Minister Kostas Koumis expressed strong optimism for the upcoming season at the prestigious London World Travel Market. The event, held at the Excel Centre and recognized as one of the premier showcases in the global tourism industry, set the stage for discussions aimed at expanding Cyprus’s appeal into the winter months.

Confidence On The Global Stage

At an event that attracts over 5,000 exhibitors from 180 countries and approximately 45,000 tourism professionals worldwide, Cyprus has once again demonstrated its dynamic presence. The Ministry of Tourism has used this platform to communicate a clear strategic focus: to extend the tourism period well into winter, ensuring sustained visitor growth and economic vitality.

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Strategic Dialogues And Promising Outcomes

Throughout a series of high-caliber meetings with tour operators and leading airlines, Minister Koumis reported exceptionally positive feedback. These sessions underscored both the success of the previous summer—with record numbers in hotel stays and revenue—and the ambitious plans for further expansion. Koumis stressed that every discussion confirmed the country’s readiness to build on its achievements and consistently drive visitor growth.

Market Leadership And Economic Impact

Cyprus currently stands as the European Mediterranean nation with the highest year-on-year increase in hotel overnight stays, and its revenue growth rate outpaces that of its competitors. This market leadership not only reinforces the country’s attractive tourism product, but also signals robust economic prospects as efforts pivot toward maximizing winter season opportunities.

Looking Ahead

Deputy Minister Koumis emphasized the crucial objective of boosting winter visitor numbers. “The feedback we received is extremely encouraging, and we are committed to pursuing every possible avenue to enhance our tourism offerings,” he stated. With the momentum from a highly successful summer, Cyprus is strategically deploying resources to ensure that the next season eclipses previous benchmarks.

The Future Forbes Realty Global Properties

Cyprus Residential Market Surpasses €2.5 Billion In 2025 With Apartments Leading the Way

by THEFUTURE.TEAM

February 16, 2026

Market Overview

In 2025, Cyprus’ newly built residential property market achieved a remarkable milestone, exceeding €2.5 billion. Data from Landbank Analytics indicates robust activity countrywide, with newly filed contracts reaching 7,819, including off-plan developments. This solid performance underscores the market’s resilience and dynamism across all districts.

Transaction Breakdown

The apartment sector clearly dominated the market, constituting 81.6% of transactions with 6,382 deals valued at €1.77 billion. In contrast, house sales represented a smaller segment, encompassing 1,437 transactions and generating €737.9 million. The record-high transaction was noted in Limassol, where an apartment sold for approximately €15.2 million, while the priciest house fetched roughly €6.2 million.

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Regional Analysis

Nicosia: The capital recorded steady domestic demand with 2,171 new residential transactions. Apartments accounted for 1,836 deals generating €349.6 million, compared to 335 house transactions worth €105.5 million, anchoring Nicosia as a core market with average values of €190,000 for apartments and €315,000 for houses.

Limassol: As the island’s principal investment center, Limassol led overall activity with 2,207 transactions. Apartments dominated with 1,936 sales generating €824.1 million, while 271 house transactions added €157.9 million. The district enjoyed premium pricing, with apartments averaging over €425,000 and houses around €583,000.

Larnaca: This district maintained robust activity with a total of 2,020 transactions. The apartment segment realized 1,770 transactions worth €353 million, and houses contributed 250 deals valued at €96.3 million. Average prices hovered near €200,000 for apartments and €385,000 for houses, positioning Larnaca within the mid-market bracket.

Paphos: With a more balanced mix, Paphos completed 1,078 transactions. Ranking second in overall value at €503.2 million, the district saw house sales generate €287.8 million and apartments €215.4 million. Consequently, Paphos achieved the highest average house price at approximately €710,000 and an apartment average of €320,000, emphasizing its premium housing profile.

Famagusta: Distinguished by lower transaction volumes, Famagusta was the sole district where house sales outnumbered apartment deals. Out of 343 transactions, 176 involved houses (yielding €90.4 million) and 167 were apartments (at €32.4 million). The segment’s average prices were about €194,000 for apartments and over €513,000 for houses, signaling its focus on holiday residences and coastal developments.

Sector Insights and Forward View

Commenting on the report, Landbank Group CEO Andreas Christophorides remarked that the analysis demonstrates an ecosystem where apartments are the cornerstone of the real estate market. He emphasized, “The apartment sector is not merely a trend; it is the engine powering the country’s real estate market.” Christophorides also highlighted the diverse regional dynamics: Limassol leads in apartment pricing, Paphos commands premium house prices, Nicosia remains pivotal to domestic demand, Larnaca sustains competitive activity, and Famagusta caters to holiday home buyers.

In a market characterized by these varied profiles, informed monitoring of regional and sector-specific dynamics is crucial for investors aiming to make targeted and strategic decisions.

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