Famagusta Province Emerges as Cyprus’ First Tourist Destination Leveraging AI-Powered Digital Assistant

by THEFUTURE.TEAM

November 13, 2025

Famagusta Province has taken a pioneering step in the Cypriot tourism sector by unveiling an artificial intelligence digital assistant, marking it as the country’s foremost destination for tech-enhanced travel experiences.

Revolutionizing The Tourist Experience

The Famagusta Tourism Development and Promotion Agency, in collaboration with the Deputy Ministry of Tourism, has implemented an AI-powered digital assistant designed to redefine how travelers explore and interact with local attractions. This innovative tool, developed by RevitUp, is accessible through both the official tourism website at visitfamagusta.com.cy and directly via ai.visitfamagusta.com.cy.

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Intelligent Travel Guidance In Real Time

The digital assistant harnesses advanced AI to deliver real-time, location-specific insights. It not only aggregates data from across the internet but also provides reliable, firsthand information about the destination. Travelers can receive tailored recommendations for activities, attractions, beaches, events, and suggested itineraries based on their preferences.

Key Features For A Personalized Journey

Real-time, trustworthy information directly from the destination.
Curated suggestions for activities, sightseeing, cultural events, and local routes.
Practical travel advice, including museum hours, transportation details, and navigational aids via Google Maps.
Multi-lingual support across 194 languages, functioning as a personal guide around the clock.

Setting A Benchmark In Digital Innovation

This initiative represents a significant digital transformation for tourism in Cyprus. The integration of the AI digital assistant reinforces Famagusta Province’s commitment to enhancing visitor experiences through technological innovation. In addition to offering the digital assistant, the region already features a mobile application and a 360-degree virtual tour of key landmarks, underscoring its leadership in adopting modern solutions for travel and tourism.

With this forward-thinking launch, Famagusta not only elevates the standard of tourist services but also establishes a benchmark for digital innovation across the Cypriot tourism landscape.

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.

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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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