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Eurolife Receives Top Cyprus Life Insurance Award Again In 2026

Accolades For Innovation And Digital Excellence

Eurolife was named Best Life Insurance Company Cyprus 2026 at the Global Banking and Finance Awards 2026, marking the sixth consecutive year the company has received the distinction. The insurer also received the award for Best Life Insurance App Cyprus 2026 for its Myeurolife App, recognising the company’s continued investment in digital insurance services.

Commitment To Digital Transformation And Customer Service

According to Eurolife, the Myeurolife App was designed to provide policyholders with faster and more direct access to insurance policies, coverage information and personal account details. Athena Shipilli Tsingi said the company’s focus remains on making insurance services simpler, more accessible and more efficient through technology. “With a modern app that provides users with immediate, easy, and secure access to their policies, coverages, and personal details, Eurolife demonstrates that technology can and should make insurance more accessible, faster, and more human,” she said.

Strategic Consistency And Forward-Thinking Innovation

The latest recognitions add to a growing portfolio of awards celebrating Eurolife’s reliability, innovation, and exceptional customer service. The company attributes its sustained success to consistent quality, a resolute customer-first mindset, and ongoing development of novel digital solutions, such as the award-winning Myeurolife App.

Shaping The Future Of Life Insurance In Cyprus

Eurolife’s latest achievements position it firmly at the forefront of modern life insurance in Cyprus. The company continues to evolve, invest in new technologies, and redefine the future of life insurance with an unwavering focus on enhancing security, confidence, and optimism for every customer.

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

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.

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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