Agrotourism Gains Momentum In Cyprus: A Sustainable Path Forward

by News Editor

March 19, 2025

With a significant rise in agrotourism, Cyprus is witnessing a positive shift in its rural economies. The Deputy Minister of Tourism, Kostas Koumis, recently highlighted agrotourism’s crucial role in preserving the island’s rural charm and boosting sustainability efforts.

Impressive Growth Statistics

The latest data reveals a 14% increase in overnight stays at traditional accommodations in 2024 compared to 2023, and a remarkable 36% rise since 2019. Furthermore, tourist arrivals at these locations surged by 17% from last year and by 42% when looking at a five-year span.

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Investment In The Future

Aimed at enhancing rural tourist destinations, Cyprus will invest approximately €9.5 million into 210 projects across 200 communities. This initiative focuses on empowering local authorities to revitalize squares, historical sites, and build new attractions to enrich the tourist experience.

For additional insights into how Cyprus is navigating its economic landscape, check out our Cyprus Growth Forecast.

This forward momentum in agrotourism not only promises enhanced tourist experiences but also delivers numerous benefits to local populations, fostering vibrant community development.

Explore how the EU reaffirms its commitment to a unified Cyprus in light of these cultural advancements.

The Annual General Assembly of the Cyprus Agrotourism Company, held on March 17, underscored these developing trends, charting a bright future for rural tourism.

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Cyprus Construction Price Index Rises Amid Cost Pressures

by THEFUTURE.TEAM

February 19, 2026

The latest data from the Cyprus Statistical Service (Cystat) shows that the Price Index of Construction Materials in Cyprus reached 118.89 points in January 2026, based on a 2021 average of 100. Compared with December 2025, the index increased by 0.12%, indicating gradual price adjustments across the sector.

Year-Over-Year Growth

On an annual basis, the index recorded a 1.09% increase compared with January of the previous year. The rise reflects ongoing changes in contractor costs and highlights evolving market conditions within the construction industry.

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Commodity-Specific Movements

The report provides a detailed breakdown by material category. Minerals recorded the strongest annual increase at 2.91%, followed by electromechanical products at 2.55%. Products made from wood, insulation materials, chemicals and plastics rose by 1.19%, while mineral products increased by 0.97%. In contrast, metallic products declined by 0.49%.

Volatility In Sub-Categories

More pronounced changes were observed within specific sub-categories. Mineral aggregates rose by 8.34%, while stones increased by 4.97% compared with January 2025. Electrical fixtures posted a 4.65% increase. Iron and steel products declined by 1.73%, and ceramics and cement continued to trend lower, falling by 1.47% and 1.38% respectively.

Methodological Insights

The index is calculated as a weighted average based on the expenditure share of sampled materials during the 2021 base year. Prices are collected monthly from a range of suppliers, using the 15th of each month as the reference date and excluding VAT. The Construction Costs Index applies specifically to new residential buildings.

This detailed analysis not only sheds light on current market trends but also offers stakeholders a robust framework for understanding the underlying cost dynamics in Cyprus’s construction materials market.

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