Q1 property sales up 50% on 2019

Annual real estate transactions continued to rise in the first three months of the year, as sales documents submitted are 51.1% higher than those recorded in the same period pre-COVID 2019. According


Economy slowing, but better than 2019

Cyprus’ economy slowed in 2022; however, the island’s Gross Domestic Product continued to grow past €24 bln, surpassing pre-coronavirus 2019 levels. According to the data released by the Statistical Service, the economy


EU tourists jump 22% since 2019

Cyprus tourist arrivals have reached 80% of pre-pandemic 2019, with visitors from the EU boosted by 22%. Tourism Minister Savvas Perdios told MPs the EU tourism market is “the most stable framework


Car sales plunge 80% since 2019

Car dealers are frustrated with their turnover as they are forced to sit back helpless and watch the market crumble. According to the Cyprus Statistical Services data, passenger saloon cars registered in