Month: May 2022

Real estate buildings under construction in Limassol

Cyprus Real Estate Market: 2021 Year in Review

As we move swiftly into the Summer season of 2022, we must look back on the facts and figures of 2021 and reassess our strategies and expectations. This article reviews the real estate market developments in Cyprus during 2021. All statistics and data are sourced from PwC's 2021 Cyprus Real Estate Year in Review.   …

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Arrivals sign at an airport

Spring tourist arrivals in Cyprus almost at pre-pandemic levels

According to the Statistical Services of Cyprus (CYSTAT), there was a staggering 1362% increase in tourist arrivals in March 2022 compared to 2021. The number of tourists arriving in Cyprus reached 128,840 in March 2022, compared to 8,811 in March 2021 and 55,342 in March 2020. We expect the volume of tourists only to increase …

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