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Cyprus Property Market Shows Strong Resilience Amid Global Uncertainty

by THEFUTURE.TEAM

July 18, 2025

Robust Growth Amid Challenging Conditions

Despite escalating geopolitical tensions and wider market instability, Cyprus’s property market has demonstrated remarkable fortitude during the first half of 2025. Notably, sales documents have surged by 16% year-over-year, while the total value of property transfers has neared €2.3 billion, underscoring a sustained and vigorous demand.

Paphos and Limassol Lead the Charge

Paphos has maintained its upward trajectory, recording €485 million in transfer values and a 20% increase in sales documents to 1,653. This performance spans both permanent residential investments and tourism-driven projects. Concurrently, Limassol has emerged as a critical hub with the highest transfer value at €809.3 million and the largest number of filed sales documents at 2,725, reflecting its strong allure for investors.

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Steady Activity in Major Districts

The Cyprus Real Estate Agents Registration Council, referencing data from the Department of Lands and Surveys (DLS), confirmed that a total of 8,729 sales documents were filed between January and June 2025, a marked improvement from 7,553 in the same period last year. Although the number of transfers saw only a modest increase of 0.5%, their total value effectively rose by nearly 10%.

Further highlighting regional dynamics, Nicosia recorded the largest transfer volume at 2,859, valued at €554.8 million, fueled by consistent demand from local buyers. Larnaca experienced the most rapid growth with a 24% year-on-year increase in sales documents—totaling 1,948—and transfer values reaching €324 million. Meanwhile, Famagusta, known for its appeal as a destination for holiday homes, reported €104.6 million in transfer values alongside an 11% increase in sales documents.

Looking Ahead

Council president Marinos Kineyirou expressed confidence in the market’s trajectory, stating, “Despite geopolitical tensions and wider instability during the second quarter, the property market has held its momentum and continues to perform remarkably well.” He noted that robust purchasing interest, particularly in the housing sector, coupled with a proactive supply response, has helped moderate price pressures. Provided no unexpected disruptions occur, 2025 is anticipated to remain a robust year for Cyprus real estate.

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EU Moderates Emissions While Sustaining Economic Momentum

by THEFUTURE.TEAM

November 15, 2025

The European Union witnessed a modest decline in greenhouse gas emissions in the second quarter of 2025, as reported by Eurostat. Emissions across the EU registered at 772 million tonnes of CO₂-equivalents, marking a 0.4 percent reduction from 775 million tonnes in the same period of 2024. Concurrently, the EU’s gross domestic product rose by 1.3 percent, reinforcing the ongoing decoupling between economic growth and environmental impact.

Sector-By-Sector Performance

Within the broader statistics on emissions by economic activity, the energy sector—specifically electricity, gas, steam, and air conditioning supply—experienced the most significant drop, declining by 2.9 percent. In comparison, the manufacturing sector and transportation and storage both achieved a 0.4 percent reduction. However, household emissions bucked the trend, increasing by 1.0 percent over the same period.

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National Highlights And Notable Exceptions

Among EU member states, 12 reported a reduction in emissions, while 14 saw increases, and Estonia’s figures remained static. Notably, Slovenia, the Netherlands, and Finland recorded the most pronounced declines at 8.6 percent, 5.9 percent, and 4.2 percent respectively. Of the 12 countries reducing emissions, three—Finland, Germany, and Luxembourg—also experienced a contraction in GDP growth.

Dual Achievement: Environmental And Economic Goals

In an encouraging development, nine member states, including Cyprus, managed to lower their emissions while maintaining economic expansion. This dual achievement—reducing environmental impact while fostering economic activity—is a trend that has increasingly influenced EU climate policies. Other nations that successfully balanced these outcomes include Austria, Denmark, France, Italy, the Netherlands, Romania, Slovenia, and Sweden.

Conclusion

As the EU continues to navigate its climate commitments, these quarterly insights underscore a gradual yet significant shift toward balancing emissions reductions with robust economic growth. The evolving landscape highlights the critical need for sustainable strategies that not only mitigate environmental risks but also invigorate economic resilience.