Market news

Cyprus construction output edges higher in first quarter of 2026

Cyprus’ construction sector continues to show resilience, recording modest growth in activity during the first quarter of 2026, while construction prices rose at a faster pace. According to CySTAT, the Index of Production in Construction reached 120.74 units, marking a 0.7% increase compared to the same period in 2025, while the Output Prices Index rose

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Property Owners Flock to Register with the Cyprus Tourism Organization Amid Growing Tourism Demand

With Cyprus experiencing a surge in tourism, property owners are increasingly registering their units with the Cyprus Tourism Organization (CTO) to capitalize on the booming short-term rental market. This trend is driven by the island’s steady rise in visitor numbers, its thriving hospitality sector, and the government’s commitment to maintaining high standards for tourist accommodations.

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The Rise of Construction Activity in Cyprus: Abraj Developments Leading the Way

The construction sector in Cyprus has experienced a significant surge in recent years, fueled by robust economic growth, increased foreign investment, and strategic government initiatives. The island nation, known for its Mediterranean charm, favorable business environment, and burgeoning real estate market, has become a hub of construction activity. Amid this boom, Abraj Developments has emerged

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