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Henley Passport Index 2025: Singapore Reclaims Top Spot, India Slips, Cyprus Drops In Rankings

In the 2025 Henley Passport Index, Singapore has reclaimed its position as the world’s most powerful passport, offering visa-free access to 195 destinations. Japan follows closely behind in second place, with visa-free access to 193 countries. However, the US has experienced a decline, dropping to ninth with access to 186 destinations, while India faces a significant setback, falling to 85th place in the global rankings.

European countries, particularly those within the EU, continue to hold strong positions. France, Germany, Italy, and Spain—who shared the top spot in 2024—have dropped to third place, now joined by Finland and South Korea, all offering visa-free access to 192 destinations. In the fourth spot, seven EU countries—Austria, Denmark, Ireland, Luxembourg, the Netherlands, Norway, and Sweden—offer visa-free travel to 191 destinations. The top five include Belgium, Portugal, Switzerland, the UK, and New Zealand, which all allow visa-free access to 190 destinations.

The UK, once at the forefront of the index, continues its decline, a reflection of its diminished passport strength in recent years.

Cyprus’ Decline in Rankings

Cyprus has seen a decline in the 2025 rankings, slipping two positions to 14th place, down from 12th in 2024. The Cypriot passport now grants visa-free access to 179 destinations but still requires visas for 47 locations. While the passport has experienced fluctuations over the years, this drop marks a shift in its steady climb since the 2013 recovery from the financial crisis, where it jumped from 20th to 15th place.

Despite this setback, Cyprus maintains its position in the upper tier of global rankings, reflecting the nation’s ongoing diplomatic efforts and the importance of its passport within the EU.

Global Trends and Future Outlook

The Henley Passport Index reveals that while global travel freedom remains highly fluid, some countries, particularly those in Asia and Europe, continue to dominate. Meanwhile, regions like Afghanistan and Syria face considerable challenges in their passport power, with both countries’ passports granting access to only 26 destinations.

As global political and diplomatic relations evolve, it will be interesting to see how Cyprus and other nations adapt and work toward improving their passport rankings in the years to come.

Cyprus Residential Market Surpasses €2.5 Billion In 2025 With Apartments Leading the Way

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.

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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