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Cyprus Showcases Wines At Oenorama 2026 In Athens

Cyprus has made a formidable impression on the international wine industry by amplifying its global outreach at Oenorama 2026 in Athens. The event, held from March 13 to 16 at Onassis Ready by the Onassis Foundation, showcased the island’s rich viticultural heritage and its commitment to quality and authenticity.

Building A Brand On Quality And Heritage

The robust display featured 16 distinguished wineries, including Aes Ambelis Winery, The Anama Concept, Vasilikon Winery, and others, presenting both their well-established labels and rare indigenous varieties. Organized by the Cyprus Trade Centre in Athens in collaboration with the Ministry of Energy, this strengthened national presence attracted sustained interest from importers, wine professionals, journalists, and enthusiasts alike.

Enhanced Diplomatic And Commercial Engagement

The pavilion served as a dynamic platform for high-caliber business meetings and wine tastings. Notably, Cyprus’ diplomatic representation was underscored by the presence of Ambassador Stavros Avgoustides and Commercial Counsellor Iosif Kypraios. Their engagement with representatives from 25 countries highlighted the event’s significance as a meeting point for forging new export partnerships and innovative market opportunities.

Showcasing Indigenous Excellence

A focal point of the exhibition was the celebration of Cyprus’ indigenous grape varieties. Guests experienced an exquisite range of wines, from iconic red varieties such as Maratheftiko and Giannoudi to popular whites including Xynisteri and Morokanella. The enduring legacy of PDO Commandaria, among the world’s oldest and most celebrated sweet wines, further anchored the island’s reputation for excellence.

Cyprus’ strategic and targeted promotion at Oenorama 2026 confirms its commitment to quality, authenticity, and the global outreach of its unique wine portfolio.

Cyprus Apartment Sales Lead New Housing Market In 2025

Overview Of A Dynamic Sector

Apartments accounted for the majority of new residential property transactions in Cyprus in 2025, according to Landbank Analytics. Demand was concentrated in lower and mid-range price segments. Data show buyers focused on properties priced up to €300,000. The segment reflects affordability constraints and investment demand.

Robust Demand In The Apartment Segment

Analysis of off-plan and under-construction contracts shows apartments remained the most active property type. Activity was highest in the €150,000 to €300,000 range. Segment recorded 3,396 transactions, representing more than half of total apartment sales. Data indicate strong demand in mid-range pricing.

Diverse Price Brackets And Transaction Volume

Lower-priced apartments between €0 and €150,000 recorded 1,353 transactions, or 21.2% of the market. The mid-to-high segment between €300,000 and €500,000 accounted for 1,205 sales, or 18.9%. Higher price brackets showed lower activity. Sales reached 234 units in the €500,000 to €750,000 range and 60 units between €750,000 and €1 million. Apartments above €1 million accounted for 134 transactions, or 2.1%. Total apartment sales reached 6,382 units with a combined value of €1.77 billion.

Contrast With The Housing Market

House sales showed a different distribution across price segments. Higher price ranges accounted for the largest share of transactions. Sales in the €300,000 to €500,000 segment reached 574 units, or 40% of the total. Properties priced between €150,000 and €300,000 followed with 405 transactions, or 28.2%. Higher segments included 255 homes in the €500,000 to €750,000 range and 80 units between €750,000 and €1 million. Properties above €1 million accounted for 116 sales, while volumes below €150,000 remained limited.

Strategic Insights And Market Adjustments

Landbank Group CEO Andreas Christophorides said apartments remain the primary option for buyers and investors. Demand is concentrated in price segments below €300,000. Houses are increasingly positioned in higher price brackets. Segment reflects demand from higher-income buyers.

Outlook For A Resilient Real Estate Backbone

Real estate continues to play a central role in Cyprus’ economy. The market offers a range of properties across price segments. Christophorides described 2025 as a year of adjustment. Apartment demand remained stable, while house sales reflected higher-income purchasing patterns.

eCredo
The Future Forbes Realty Global Properties
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Aretilaw firm

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