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Cyprus Property Market Booms: Who’s Buying And Why?

by THEFUTURE.TEAM

January 28, 2025

The Cyprus property market has seen an impressive surge in foreign interest over recent years, with thousands of properties being snapped up by international buyers, both from EU member states and beyond. According to the latest figures from the Department of Lands and Surveys, a staggering 37,000 properties were sold to foreign nationals between 2021 and the end of 2024, underscoring the growing appeal of the island’s real estate market.

During the same period, Cypriot nationals continued to dominate the local market, purchasing over 200,000 properties. Yet, it’s the foreign buyers who are making a notable impact, with UK nationals consistently leading the pack, followed by Russians, Israelis, Greeks, and Lebanese.

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The figures, which were presented to the House of Representatives by Interior Minister Constantinos Ioannou, offer a detailed breakdown of property acquisitions, including buyer nationality and district. Let’s take a closer look at the trends across various regions of Cyprus.

Nicosia: Greeks, Britons, And Australians Take The Lead

In the capital, Nicosia, Greek nationals have emerged as the top foreign buyers, securing 1,626 properties between 2021 and 2024. This includes 272 properties purchased via sales agreements and 1,354 through completed sales. UK nationals are a close second with 1,584 properties, while Australians round out the top three with 545 properties.

However, despite the strong foreign presence, Cypriots remain the dominant force in Nicosia’s property market, holding an impressive 98,205 properties compared to just 5,236 owned by foreigners.

Limassol: Russians, Britons, And Israelis Fuel Growth

Limassol has become a hotbed for foreign property purchases, with Russian nationals leading the charge. Over the four-year period, they secured 2,561 properties, with 1,269 purchased via sales agreements and 1,292 from completed sales. UK nationals followed with 1,840 properties, while Israelis also showed strong interest, buying 1,154 properties.

Cypriots continue to make up the bulk of property owners in Limassol, with over 62,000 local purchases, but foreign buyers have clearly made their mark in this coastal city.

Paphos: A Favourite Among Britons, Russians, And Israelis

The town of Paphos has also seen an influx of foreign buyers, with the UK topping the list once again. British nationals acquired 4,483 properties in Paphos between 2021 and 2024, followed by Russian nationals with 1,563 properties and Israelis with 1,291 properties. The total number of foreign property purchases in Paphos exceeds 10,000, while Cypriots secured 28,484 properties during the same period.

Larnaca: Lebanese, Britons, And Israelis Drive Sales

Larnaca’s property market has attracted significant foreign interest as well, with UK nationals at the forefront, purchasing 2,743 properties. Lebanese buyers rank second with 1,744 properties, while Israelis follow closely with 1,406 acquisitions. Over the four years, Larnaca saw 8,535 foreign property purchases, with Cypriots acquiring a larger share—33,819 properties.

Famagusta: Britons, Greeks, And Lebanese Show Interest

In Famagusta, British nationals again lead the pack with 1,182 property purchases. Greeks and Lebanese nationals follow with 165 and 131 properties, respectively. However, Cypriots continue to dominate the Famagusta market, with 16,966 properties purchased by locals compared to just over 2,000 foreign acquisitions.

The data paints a clear picture: foreign nationals are showing growing interest in Cyprus’ real estate market, particularly those from the UK, Russia, Israel, Greece, and Lebanon. This surge in foreign investment is reshaping the landscape of Cyprus property, offering both challenges and opportunities for local buyers and developers alike.

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Europe’s Deadly Summer Heat Exposed The Cost Of A Warming Continent

by THEFUTURE.TEAM

October 23, 2026

Europe experienced its deadliest summer for heat-related deaths on record in 2026, with an estimated 24,400 excess deaths linked to extreme temperatures across 30 countries. Researchers estimate that human-induced climate change was responsible for around 32,000 of the deaths attributed to heat in the study’s broader analysis, accounting for 65% of the total.

The findings highlight the growing public-health consequences of global warming, largely driven by fossil fuel use, as extreme heat becomes more frequent and severe.

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A Summer Of Dangerous Heat

Between June and August, heatwaves pushed temperatures in Western Europe to an average of 2.9°C above the 1991–2020 norm, with some days reaching 12°C above average. Nearly a third of estimated heat-related deaths occurred during a particularly intense heatwave between 17 June and 1 July.

“These numbers are a stark reminder that our hotter, more extreme summers are having an increasingly severe impact on public health,” said Dr Clair Barnes, a researcher at Imperial College London and co-author of the study.

The estimated toll exceeded previous peaks of around 29,000 deaths in summer 2022 and 28,000 in 2003 across the region studied.

How Researchers Estimated The Toll

Researchers modelled the relationship between temperature and mortality across 854 urban areas in the EU, UK, Norway and Switzerland, covering around 40% of the population in the 30 countries studied.

The analysis incorporated temperature records, age, socioeconomic conditions, environmental factors and access to healthcare. By comparing actual temperatures with those expected without human-induced warming, the team estimated the additional deaths attributable to climate change.

Final official mortality figures for summer 2026 are not yet available in many countries, and heat-related deaths are often underreported because their effects can be difficult to identify directly.

Older People Face The Greatest Risk

People aged 85 and over accounted for roughly half of the estimated deaths. However, the impact extended across age groups, with around 800 excess deaths among adults aged 20–44 and approximately 6,000 among people under 65.

Southern Europe experienced the highest mortality burden, reflecting hotter temperatures and other vulnerabilities, including air pollution, limited green space and unequal access to healthcare and heat-alert systems.

Italy, France And Spain Record Highest Toll

Italy recorded an estimated 13,303 heat-related excess deaths, followed by France with 7,268 and Spain with 6,824. Germany recorded around 6,340, while the UK saw an estimated 4,354 deaths.

In the UK, the heat also placed significant pressure on healthcare services. Andrew Hartle, Professor of Practice of Anaesthesia at Imperial College Healthcare, said demand during the summer resembled that of a severe winter virus season.

Cities Urged To Strengthen Heat Protection

Researchers say cities can reduce the risks through climate shelters, external shading and building retrofits, alongside measures to help residents avoid exposure during the hottest hours. Checking on vulnerable people, staying hydrated and following heat alerts are also important.

The researchers stress that adaptation must go hand in hand with reducing fossil fuel use to limit further warming. The findings underline that extreme heat is already a major public-health threat across Europe, with thousands of lives at risk each summer.