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Limassol Emerges As a Leading Force In Cyprus’ Q3 Real Estate Surge

by THEFUTURE.TEAM

Cyprus’ real estate landscape showcased its resilient nature in the third quarter of 2025, as evidenced by the latest RICS Cyprus Property Price Index, produced in collaboration with KPMG Cyprus. The report details a robust growth in the residential sector, contrasted with a more cautious performance in commercial assets.

Residential Strength Versus Commercial Caution

According to KPMG Cyprus, modest price gains across multiple property segments underline the market’s stability amid regional and global economic uncertainties. Limassol led the charge, registering substantial gains in both warehouse facilities and apartment developments. Meanwhile, markets in Nicosia, Paphos, and Famagusta experienced moderate growth, primarily in residential properties, while Larnaca remained largely static except for a minor increase in office values.

Insights From Industry Leaders

Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group at KPMG Cyprus, emphasized that apartments and houses have been the standout performers in terms of year-on-year price appreciation. However, retail properties have struggled to keep pace, reflecting a broader shift toward residential investment. Simon Rubinsohn, Chief Economist at RICS, reinforced this narrative by noting that solid economic fundamentals—marked by steady economic growth, record-high employment, and subdued inflation—continue to underpin the market dynamics. Furthermore, the booming tourism sector, with its record summer arrivals, remains a critical growth driver.

Sector Performance And Future Trends

The Q3 2025 data reveals that warehouses and apartments not only led the quarterly gains but also have historically remained resilient compared to other asset classes. The declining trend in retail property values underscores the importance of strategic asset selection in today’s market. Additionally, holiday properties, particularly apartments, benefited significantly from the robust tourism sector, making them some of the strongest performers in the region.

Conclusion

In conclusion, the Q3 report paints a clear picture: while Cyprus’ residential sector, especially apartments, continues to drive market growth, commercial real estate is witnessing more tempered expansion. These insights offer valuable guidance for investors and real estate professionals navigating a complex economic landscape. For a comprehensive analysis, readers are encouraged to review the full report on the RICS website.

Cyprus Expected Working Life Reaches 39.5 Years, Above EU Average

by THEFUTURE.TEAM

People in Cyprus are expected to spend 39.5 years in the workforce, around two years longer than the European Union average of 37.5 years, according to the latest Eurostat data for 2025.

The figure places Cyprus among the EU countries with the longest expected working lives.

Cyprus Ranks Above EU Average

Only a handful of member states recorded higher figures than Cyprus. The Netherlands topped the ranking at 44 years, followed by Sweden at 43.4 years, Denmark at 42.6 years, and Estonia at 41.5 years.

At the other end of the ranking were Romania with 32.7 years, Italy with 33.0 years, Bulgaria with 34.6 years and Greece with 35.3 years.

Gender Gap Remains Wider Than EU Average

Men in Cyprus are expected to remain in work for 42.1 years, compared with 36.7 years for women. The gap of 5.4 years exceeds the EU average gender gap of 4.1 years.

Across the bloc, Lithuania, Latvia and Estonia were the only countries where women were expected to spend longer in employment than men. Finland recorded the smallest positive gender gap at 0.7 years.

Italy posted the widest gap at 8.9 years, followed by Romania at 6.9 years, Greece at 6.7 years and Malta at 6.3 years.

Working Lives Continue To Lengthen

Between 2016 and 2025, expected working life in Cyprus increased by 3.5 years, placing the country among the strongest performers in the EU over the period. Men’s expected working life rose by 3.3 years, while women’s increased by 3.6 years.

Across the EU, every member state recorded an increase. Malta posted the largest gain at 4.9 years, followed by Hungary and Ireland at 4.2 years each, and the Netherlands at 4.1 years.

Malta’s increase was driven largely by women, whose expected working life rose by 7.8 years, the biggest increase recorded across the bloc.

By comparison, Romania, Spain, Italy, Germany and Austria recorded gains of two years or less over the same period.

Women’s Working Lives Increase Faster Across Europe

Women’s expected working life increased faster than men’s in most EU countries. Denmark, Romania, Sweden and Greece were the main exceptions.

In Cyprus, gains for men and women were broadly similar, alongside Bulgaria, Belgium and Slovenia.

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