The Central Bank of Cyprus (CBC) released its comprehensive 2024 Foreign Direct Investment (FDI) report on Thursday, painting a picture of a resilient and maturing financial landscape. While the headline figures show a "negative" balance, the underlying data reveals a significant improvement in transaction stability and a notable boost in investor profitability. According to data compiled by the CBC and...
Cyprus’s building sector demonstrated a significant upward trajectory during the first nine months of 2025, driven by a robust appetite for new housing and high-value developments. According to figures released by the Cyprus Statistical Service (Cystat) on Thursday, the total number of authorized building permits reached 5,635, representing a 2.7% increase over the same period in 2024. While the volume...
Cyprus' government workforce saw a marginal expansion in 2025, driven by a significant reliance on temporary staff that offset a decline in permanent positions. According to a report by the Statistical Service (Cystat), the average total government employment for the year rose by 0.6% compared to 2024. This overall increase was primarily sustained by a 6.1% surge in fixed-term employees, which balanced...
The landscape of European commercial construction is currently undergoing a radical evolution. No longer relegated to a specialized niche, sustainability has emerged as the cornerstone of contemporary real estate. From expansive logistics centers to high tech office environments, the demand is shifting toward structures that prioritize ecological integrity, drastically reduce operational costs, and align...
The Cypriot property market has concluded 2025 on an extraordinary high, recording its most successful year in nearly two decades. Following a massive 24% surge in sales this past December compared to the same month in 2024, the island has achieved its third-best year for real estate transactions since records began in 2000, surpassed only by the pre-crisis peaks of 2006 and 2007. According to data...
The Cypriot housing market experienced a period of relative stability during the third quarter of 2025, according to the latest data from the Statistical Service. While long-term trends remain positive, the market showed signs of a minor cooling phase when compared to the preceding months. Market Overview and Key Indices Based on preliminary assessments, the House Price Index (HPI) for the third...
As of January 1, 2026, Cyprus has officially launched a sweeping overhaul of its property tax framework. This legislative package represents a strategic shift toward lower transaction barriers, updated capital gains rules, and a more robust compliance system. According to an analysis by Property News Cyprus, the reforms are designed to revitalize market liquidity while bringing the island's...
Cyprus has concluded 2025 with a persistent downward trend in consumer prices, marking the eighth consecutive month of deflation. According to the latest data from the Statistical Service of Cyprus, the Consumer Price Index (CPI) for December 2025 dropped by 0.5% compared to the same month in 2024. While the year-on-year figures remain in negative territory, the month-to-month data showed a slight uptick....
In an election widely characterized as a turning point for the local real estate industry, Marinos Kineyirou has successfully defended his presidency of the Cyprus Real Estate Agents Registration Council. The high-stakes vote, which saw an impressive 83% turnout among licensed agents, granted Kineyirou a clear mandate to continue his leadership for the next three years. The process, described by observers...
The Cypriot economy is entering the new year with a renewed sense of confidence. According to the latest findings from the Economics Research Centre (ERC) of the University of Cyprus, December 2025 saw a significant boost in the national economic climate, fueled by resilient services and a newfound wave of consumer optimism. The Economic Sentiment Indicator (ESI-CypERC) climbed by 1.6 points this...
