Cablenet Expands Network To 235,000 Homes In Cyprus

by THEFUTURE.TEAM

March 27, 2026

Cablenet Communication Systems PLC reported €69.7 million in revenue for 2025. The company expanded its network and increased its mobile subscriber base during the year. Data show growth across mobile and broadband segments. Investments focused on network coverage and service offerings.

Revolutionizing The Digital Ecosystem

Cablenet expanded its network and updated its product offering. Services are structured around flexible plans without long-term contracts. The company introduced gigabit-speed home internet with same-day activation and a trial period. Offer targets demand for higher-speed connectivity.

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Driving Mobile And Broadband Growth

The company has also executed a significant expansion in both its mobile and fixed broadband segments. Mobile subscribers grew by 9% to reach approximately 171,000, spurred by the rollout of 5G services and an inclusive 5G Unlimited portfolio featuring unlimited data, entertainment options, and international connectivity. Meanwhile, the fixed network footprint now covers 235,000 homes across Cyprus, conveying Cablenet’s ambition to deliver future-ready, high-speed connectivity for both households and businesses.

Innovative Partnerships And Premium Content

Cablenet introduced HBO content in Cyprus through a telecom partnership. Offering adds premium entertainment to bundled services. The company is expanding content alongside connectivity services. Strategy targets broader digital service adoption.

A Vision For Sustainable Growth

Chairman Nikhil Patil said the company continues to invest in the network and services. CEO Ioannis Mavridis said expansion will continue in 2026. Plans include further development of mobile and fibre infrastructure. The company also aims to expand digital services and content offerings.

The Future Forbes Realty Global Properties

Athens And Nicosia Still Offer Some Of Europe’s Most Affordable Apartments, Despite Rising Prices

by THEFUTURE.TEAM

July 13, 2026

Housing costs in Nicosia remain well below those in most western European capitals, according to new data from Global Property Guide, highlighting the wide gap in residential property prices across Europe.

Nicosia And Athens Remain Among Europe’s More Affordable Capitals

The latest figures from Global Property Guide, which tracks residential property markets across 88 countries, show that both Nicosia and Athens remain among Europe’s more affordable capital cities, despite years of steady price growth.

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In Cyprus, the median asking price for a one-bedroom apartment in Nicosia stands at €145,000. Two-bedroom apartments are priced at €205,000, while three-bedroom homes reach €280,000.

That places Nicosia slightly above Athens in the one-bedroom category, where the Greek capital records a median asking price of €135,000. For two-bedroom and three-bedroom apartments, however, prices are identical in both cities at €205,000 and €280,000, respectively.

Western Europe Commands A Premium

Athens also remains relatively affordable by European standards. Median asking prices for one-bedroom apartments reach €174,000 in Warsaw, €240,000 in Madrid, €310,000 in Milan and €325,000 in Berlin.

The gap is even more pronounced in Western Europe, where one-bedroom apartments cost around €440,000 in both Paris and Lisbon, more than three times the price seen in Athens.

The difference becomes even greater for larger homes. A three-bedroom apartment carries a median asking price of €280,000 in both Athens and Nicosia, compared with €685,000 in Lisbon, €690,000 in Milan, €845,000 in Berlin and €1.08 million in Paris.

For two-bedroom apartments, the contrast is equally striking. While homes are priced at €205,000 in Athens and Nicosia, equivalent properties cost €380,000 in Madrid, €455,000 in Milan, €527,000 in Berlin, €620,000 in Lisbon and €695,000 in Paris.

Europe’s Most Expensive Property Markets

Global Property Guide’s data also highlights the wide variation in residential property prices across Europe.

Zurich is the continent’s most expensive market for a one-bedroom apartment, with a median asking price of €1.151 million. It is followed by Luxembourg (€669,000), Copenhagen (€601,000), Munich (€548,000) and London (€522,000), while Paris and Lisbon are both priced at around €440,000.

The Most Affordable Cities

At the other end of the market, the lowest asking prices are concentrated in south-eastern and eastern Europe. Median asking prices for a one-bedroom apartment stand at €125,000 in Riga, €118,000 in Podgorica, €110,000 in Bucharest, €103,000 in Sarajevo and €79,000 in Chisinau.

According to the report, Skopje is Europe’s most affordable capital for one-bedroom apartments, with a median asking price of just €55,000.

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