Property sales boosted by Russians

Annual property sales in Cyprus were boosted, with Russian buyers still at the top of the list, despite sanctions on Moscow following the war in Ukraine. Talking at the 5th Property Show,


Property sales rise 17%

Annual real estate sales rose in the first two months of the year, boosted by the relocation of high-tech firms and their employees. According to the latest Land Registry data, sales documents


Local businesses online sales growing

For 20.1% of Cyprus enterprises (19.7% in the EU), e-commerce sales reached at least 1% of their total turnover, which was 3 percentage points higher (+0.7 pp EU) than the previous year. According to


Record €5.2 bln in property sales

According to PwC’s in-depth analysis, the total value of Cyprus real estate transactions reached a record-high of €5.2 bln in 2022, recording an annual increase of 27%. In volume terms, properties transacted


Annual car sales lowest since 2015

In 2022 car sales reached their lowest ebb for seven years as sales continued to drop for a fourth consecutive year because of growing uncertainty during the pandemic and the aftermath of

Festive supermarket sales rise, SMEs struggle

Retail sales during Christmas reached pre-pandemic levels, but small businesses’ turnover was below expectations and want government support. “It went very well, beyond our expectations, it was at satisfactory levels, similar to 2019, and we

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