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Jimmy Carter, Former 39th US President, Dies At 100

Jimmy Carter, the 39th President of the United States, passed away at the age of 100, confirmed The Carter Center.

The former peanut farmer and Georgia governor had the longest life span of any US president, celebrating his centennial birthday in October. The Carter Center, which he founded to promote democracy and human rights globally, announced that he died on Sunday afternoon at his home in Plains, Georgia.

Carter served as president from 1977 to 1981, a tenure marked by economic challenges and diplomatic crises. After leaving office with low approval ratings, his reputation grew through extensive humanitarian work, culminating in a Nobel Peace Prize.

“My father was a hero, not only to me but to everyone who believes in peace, human rights, and unselfish love,” said his son, Chip Carter, in a statement. “The world is our family because of the way he brought people together.”

Carter is survived by his four children, 11 grandchildren, and 14 great-grandchildren. His wife, Rosalynn, who was married to him for 77 years, passed away in November 2023.

Carter, who became the oldest living former US president after George H.W. Bush died in 2018, ceased medical treatment for an undisclosed illness last year and entered hospice care at home.

President Joe Biden and First Lady Jill Biden praised Carter as an extraordinary leader and humanitarian, highlighting his principles, faith, and humility. “He showed that we are a great nation because we are a good people – decent, honorable, courageous, compassionate, humble, and strong,” they said.

Donald Trump, the 45th President of the US, also reflected on Carter’s presidency, acknowledging his dedication to improving American lives and expressing gratitude for his service.

Carter’s presidency was marked by challenges like the Iran hostage crisis, but also by a diplomatic triumph with the Camp David Accords between Egypt and Israel in 1978. Despite his achievements, Carter faced a resounding defeat in the 1980 election to Ronald Reagan, with just six states and Washington D.C. supporting his re-election bid.

Over time, Carter’s post-presidency humanitarian efforts and simple lifestyle reshaped his legacy. Rejecting the lucrative opportunities offered to former presidents, he focused on global issues of inequality and disease, co-founding The Elders with Nelson Mandela to promote peace and human rights.

In 2002, Carter became the third US president to receive the Nobel Peace Prize, stressing the widening gap between the rich and poor as a pressing global concern.

Carter’s commitment to service was echoed by former presidents, including Bill and Hillary Clinton, Barack Obama, and George W. Bush, who praised his humanitarian and diplomatic efforts.

President Biden announced that a state funeral will be held in Washington, D.C., to honor Carter’s life and legacy.

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

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.

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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