Tourism Development in Cyprus: Steady Growth and New Opportunities

The tourism sector in Cyprus is one of the most important pillars of the country’s economy. In 2024, the island was visited by about 4.04 million tourists, and the first half of 2025 shows even faster growth.

Over the past two decades, Cyprus’s tourism has faced various challenges, from economic crises to the pandemic. Nevertheless, the latest figures show a solid recovery. In July 2025, the number of foreign travelers was 11.5% higher than a year earlier, and the Dutch market alone grew by 44%. These shifts indicate that Cyprus is actively expanding its target markets. Traditional countries such as the United Kingdom, Israel, and Germany remain important, while new priority markets are emerging in Central and Eastern Europe.

Moreover, tourism here is closely linked to the real estate sector. Local agencies note that a significant share of visitors to Cyprus not only come for holidays but also look for investment opportunities—purchasing apartments or holiday homes. This is particularly relevant for Lithuanians, who most often choose Paphos as a balance of long-term value and quality of life.

This interplay between tourism and the real estate market is sustainable—it helps ensure that the country’s economy does not depend solely on seasonality. It gives Cyprus a competitive advantage in the region and supports the outlook that tourism growth will continue in the coming years.

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