Cyprus Positioned As A Top-Tier Investment Spot, Says CEO Of Invest Cyprus

by THEFUTURE.TEAM

January 14, 2025

According to Marios Tannousis, CEO of Invest Cyprus, Cyprus continues to solidify its position as a premier destination for global investment. Invest Cyprus plays a pivotal role in guiding businesses through every stage of their investment journey.

In a recent press release, Invest Cyprus detailed Tannousis’ participation in a high-level dialogue with ministers from Greece, Egypt, and Cyprus last week at the Trilateral Summit in Cairo. The discussions centered on fostering bilateral and trilateral cooperation, unlocking funding opportunities, and strengthening economic ties between the three nations.

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Speaking on the topic, “Business Opportunities and Activities in Egypt, Cyprus, and Greece,” Tannousis spotlighted Cyprus as a standout investment destination within the EU. He highlighted its economic stability, bolstered by EU membership, and reiterated Invest Cyprus’ commitment to facilitating seamless support for investors aiming to tap into the island’s potential.

Joining Tannousis in presenting the investment landscapes of their respective countries were Hossam Heiba, CEO of Egypt’s General Authority for Investment and Free Zones (GAFI), and Marinos Giannopoulos, CEO of Enterprise Greece. Together, they outlined opportunities and actionable insights for businesses eyeing expansion in the region.

Tannousis underlined the significance of regional partnerships, stating, “By forging strategic alliances between Cyprus, Greece, and Egypt, we are building a collaborative platform that fosters sustainable growth and mutual prosperity, providing businesses with a foundation to succeed and expand in this dynamic region.”

The Trilateral Summit underscored the critical role of regional collaboration in addressing shared challenges and driving economic development. As reaffirmed in the press release, Invest Cyprus remains a cornerstone in the effort to attract international investment, ensuring Cyprus stays at the forefront of economic opportunity in the Eastern Mediterranean.

The Future Forbes Realty Global Properties

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

by THEFUTURE.TEAM

February 16, 2026

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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