Paphos continued to dominate foreign property sales in March 2025, recording 204 contracts of sale—outpacing all other districts. Limassol followed with 172 contracts, Larnaca with 152, Nicosia with …
Cyprus housing price index drops by 1 per cent in Q4-24
The Housing Price Index in Cyprus recorded a quarterly decline of 1 per cent in the fourth quarter of 2024, compared to the third quarter of the same year, according to a preliminary estimate released …
Cyprus a reliable financial and business centre, says Hellenic Bank CEO
The recently held Capital Link Cyprus Business Forum focused on the progress, opportunities, and developments related to the Cypriot economy. The event, held at the Metropolitan Club in New York City, …
Top 50 sale transactions hit €64.8 million in February
The Cyprus’ high-end property market recovered significantly in February 2025, with the 50 largest transactions totalling €64.8 million.
Cyprus could attract data centre investments, says energy expert
Cyprus has the potential to become a key location for data centres, according to Andreas Poullikkas, an expert in energy systems and former chairman of the Cyprus Energy Regulatory Authority (CERA).
Cyprus could attract data centre investments, says energy expert
Cyprus has the potential to become a key location for data centres, according to Andreas Poullikkas, an expert in energy systems and former chairman of the Cyprus Energy Regulatory Authority (CERA).
Cyprus’ industrial turnover up 5.8 per cent in January
The Industrial Turnover Index in Cyprus reached 128.1 units in January 2025, with 2021 serving as the base year set at 100 points. This marked a 5.8 per cent increase compared with January 2024, …
Cyprus ‘an attractive gateway for energy investment’
Cyprus is an “attractive gateway for energy investment”, Energy Minister George Papanastasiou said on Sunday.Speaking at the Capital Link Cyprus business forum in New York, he said the island is in “a …
Finance Minister rules out raising Cyprus’ tax-free income above €20,500
Finance Minister Makis Keravnos has ruled out the prospect of raising the tax-free income threshold beyond €20,500, signalling a firm stance as the government moves ahead with its new tax reform. As …
Cyprus developers welcome faster permits, reduced bureaucracy
The Cyprus Property Developers Association has welcomed the implementation of a fast-track building permit process for medium-risk developments, praising the Interior Ministry’s efforts to speed up …