The Cyprus real estate market showcased remarkable resilience amid prevailing challenges, marking impressive achievements from January to September 2023, according to a statement by the Real Estate Agents Registration Council of Cyprus.

The world is currently witnessing a tumultuous period marked by three significant wars that have far-reaching geopolitical, geoeconomic and energy implications. The Russo-Ukrainian war, the Nagorno-Karabakh conflict, and the Israeli-Palestinian (Hamas) war have shaken the global geopolitical landscape.

During a House finance committee meeting, Deputy Tourism Minister Costas Koumis revealed projections of record-breaking revenue close to €3 billion from tourism in 2023, while presenting the deputy ministry’s budget for 2024.