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Larnaca Leads Cyprus Real Estate Surge in Q1 2025 as Property Values Soar

by THEFUTURE.TEAM

Larnaca has firmly established itself as a dominant force in the Cyprus real estate market, registering the highest property value increases in the first quarter of 2025. According to the latest RICS Cyprus Property Price Index, compiled in collaboration with KPMG Cyprus, the city has outperformed other districts with significant advances across several property categories.

Market Overview and Key Trends

Christophoros Anayiotos, Managing Director and Head of Real Estate and Land Development at KPMG Cyprus, noted that Larnaca recorded the strongest gains in office spaces, followed closely by residential properties, including apartments and houses. These gains outpaced more modest increases observed in other regions such as Nicosia, Limassol, Paphos, and Famagusta, which displayed varied growth profiles.

Notably, while warehouses experienced minimal quarterly gains, commercial properties—particularly retail outlets—continued their downward trend, mirroring patterns from previous quarters. In sharp contrast, apartments in Larnaca registered the most notable quarterly and annual growth across all sectors.

Rental Market Dynamics and Yield Stability

The rental market in Cyprus also showed upward momentum, with office spaces leading the surge in rental prices, followed by apartments and houses. Even holiday properties experienced modest rental increases, though retail rental prices declined, reinforcing the subdued performance of commercial sales observed in the overall market.

Yields across the property types remained broadly stable, with office properties showing the only significant variation. This stability suggests a resilient market response amid evolving economic conditions.

Economic Resilience Amid Global Uncertainty

Chief Economist Simon Rubinsohn of RICS has underscored the relative stability of the Cypriot property market in the face of global economic challenges. He observed, “The Cypriot economy has so far remained resilient despite rising geopolitical tensions,” while cautioning that increased global macroeconomic uncertainty could set the stage for a more challenging policy environment.

Conclusion

Despite the complexities of the global economic landscape, the evidence from Q1 2025 confirms that Larnaca continues to be the market leader in Cyprus real estate. With robust growth in both sales and rentals, driven by high demand in offices, apartments, and houses, Larnaca is set to remain the focal point for investors and stakeholders looking for stable, long-term returns in an uncertain global market.

Cyprus Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

by THEFUTURE.TEAM

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.

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