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UK, Poland And Israel Propel Record November Tourist Arrivals In Cyprus

Robust Growth In Arrivals

Cyprus has once again demonstrated the resilience of its tourism sector, with November 2025 recording a significant surge in visitor numbers. According to the state statistical service, Cystat, tourist arrivals climbed to 234,580 from 179,941 year over year—a robust 30.4 percent increase. For the period from January to November 2025, total arrivals reached 4,377,114, marking a 12 percent rise compared to the same period in 2024.

Key Markets Driving Growth

The United Kingdom continues to be the principal contributor to Cyprus’ tourism industry, constituting 22.7 percent of arrivals with 53,267 visitors. Poland and Israel followed closely as the second and third largest markets, contributing 13.2 percent (30,983 visitors) and 11.4 percent (26,816 visitors) respectively. Germany contributed 10.4 percent with 24,361 tourists, while Greece accounted for 6 percent with 13,965 arrivals.

Market-specific gains were particularly notable from Austria, where arrivals more than doubled to 6,948, and Romania, which nearly doubled to 5,875 visitors. Poland, Germany, and Israel experienced impressive annual increases of 52.4 percent, 48.3 percent, and 42.3 percent respectively, in stark contrast to a 12.8 percent decline in arrivals from Greece.

Outbound Travel Trends And Economic Impact

Holiday travel remains the dominant motive for visiting Cyprus, with leisure trips accounting for 72.0 percent of arrivals in November 2025—up from 64.5 percent in the previous year. Visits to friends and relatives comprised 13.1 percent, and business travel accounted for 14.4 percent. This shift highlights a growing appeal of Cyprus as a year-round destination that caters to both leisure and professional engagements.

Cypriot outbound travel also saw a substantial increase. A total of 137,210 residents returned from trips abroad in November 2025, up from 120,248 in November 2024, a 14.1 percent rise. Greece was the primary destination for returning residents, representing 30.9 percent (42,442 individuals), followed by the United Kingdom at 9.7 percent (13,286 travelers) and Italy at 4.5 percent (6,114 returns). Holiday travel remained prevalent among Cypriot travelers abroad, constituting 65.9 percent of departures, while business-related travel made up 31.5 percent.

These detailed insights, derived from comprehensive passenger surveys at Larnaca and Paphos airports and administrative data from all legal entry and exit points in government-controlled areas, reaffirm the strategic importance of the tourism sector in driving economic activity in Cyprus. The impressive upward trend not only supports local employment and consumption but also solidifies Cyprus’ position as a dynamic hub in the global tourism market.

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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