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Cyprus Luxury Real Estate Soars: February 2025 Sees Impressive Growth

In a remarkable turn, Cyprus’ luxury property scene witnessed a significant upswing in February 2025, recording an impressive €64.8 million across the top 50 transactions, as revealed by real estate analytics firm Ask Wire.

Leading the charge, Limassol commanded attention, clinching eight out of the top ten high-value deals, amassing €26.55 million. Paphos followed with considerable clout, contributing transactions worth €10.2 million.

Noteworthy deals include a €9.4 million field in Tserkezoi, Limassol, and a €7.6 million mixed-use property in Kato Paphos. Residential properties, such as a €3.7 million apartment building in Limassol’s Potamos Germasogeias, continue to draw keen interest.

Limassol accounted for an impressive €29.2 million or 45% of the nation’s high-end property activities. Meanwhile, Paphos, Nicosia, Larnaca, and Famagusta trailed with lower figures, highlighting geographic imbalances in investment focus.

While residential properties were the mainstay, the robust €9.4 million field deal signals a diversified portfolio opportunity, ushering in a new investment dialogue.

CEO Pavlos Loizou of Ask Wire emphasized, “Limassol continues to attract significant investments, underscoring its appeal to international and institutional entities.”

Wizz Air Resumes Larnaca Abu Dhabi Route, Boosting Affordable Regional Connectivity

Wizz Air, the renowned low-cost carrier, has announced a strategic resumption of operations on its Larnaca to Abu Dhabi route, effective November 15, 2025. This move reinforces the airline’s commitment to providing cost-effective travel solutions while further consolidating its presence in both the Middle Eastern and European markets.

Strategic Route Revival

The revival of this route not only reinstates the connection between key destinations but also symbolizes Wizz Air’s determination to expand its network. Operating four times a week – on Tuesdays, Thursdays, Saturdays, and Sundays – the new offering features fares beginning at €24.99, underscoring the carrier’s dedication to affordability and convenience.

Enhanced Market Presence

By reinstating its famed pink jets over the Abu Dhabi skies, Wizz Air is capitalizing on the high demand for budget-friendly travel in the region. This strategic initiative is expected to drive increased footfall on the carrier’s platforms, including the official website and mobile application, thereby reinforcing its competitive market position.

Driving Regional Connectivity

Wizz Air’s decision to resume the Larnaca to Abu Dhabi service is a testament to its broader vision of facilitating regional connectivity. By streamlining travel options and offering competitive pricing, the airline is set to play a pivotal role in enhancing economic and cultural exchanges between the regions.

The renewed focus on the Middle Eastern market, paired with the strengthening of its European routes, positions Wizz Air at the forefront of the global budget airline industry. This balance of strategic expansion and customer-centric pricing not only solidifies its reputation but also sets a benchmark for the future of affordable air travel.

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