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Cyprus Airports Set To Welcome 13 Million Passengers In A Record-Breaking Year

Cyprus is on the verge of hitting a new milestone in air travel as Hermes Airports anticipates an influx of up to 13 million passengers in 2025. This reflects a notable 5.6% annual increase from last year’s figures, further cementing the island’s reputation as a thriving hub of connectivity.

With 55 airlines ready to operate flights to and from 158 destinations across 39 countries, the surge in passenger traffic is no coincidence. Hermes Airports, the body managing Larnaca and Paphos international airports, attributes this growth to strategic efforts aimed at enhancing air connectivity to and from Cyprus.

New Routes And Airlines

The summer schedule introduces exciting new direct routes including Riyadh, Venice, Marseille, Düsseldorf, Lyon, and Sibiu. Significantly, the Riyadh-Larnaca connection debuts Saudia’s inclusion in Cyprus’s scheduled route network. Fresh names like AnimaWings, SkyUP, and Air Haifa are entering the market, adding vibrant options to regional air travel.

A Resilient Tourism Sector

Despite losing significant markets such as Russian and Ukrainian travel and facing global economic uncertainties, Cyprus’s tourism remains strong.

As we approach the summer, Hermes Airports is geared up to manage 145 flights daily, underscoring Cyprus’s role as a pivotal player in the Mediterranean air travel sphere. Stay tuned as Cyprus continues its journey of growth, leveraging strategic connections and resilient infrastructure.

Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

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