Pafos Press 9 November 2024
The city and province of Paphos presented an enviable growth in 2023 and 2024, according to the president of the EBE Paphos Giorgos Mais. Mr. Mais stated in his statements to KYPE that the two main sectors of the local economy, tourism and land development, moved at very satisfactory levels. According to the official figures of the Statistical Service, Mr. May, tourist arrivals in our country recorded significant increase compared to the previous year.
In particular, he said, in 2023, 3.8 million arrivals were recorded compared to 3.2 million in 2022. That is, an increase of 20.1% was noted, while the total number of arrivals was not far from that of the year - the milestone of 2019 .
In addition, he stated that Paphos in 2023 recorded a total of approximately 1.4 million arrivals, a figure corresponding to approximately 36% of total arrivals. Incomes for the same period amounted to approximately €1.7 billion in tourist revenue.
Mr. Mais noted that Paphos, together with Seville, Spain, were selected as the European Capitals of Smart Tourism for 2023.
The choice was made, as he said, among 29 cities from 13 countries of the European Union, which is an honour not only for Paphos but also for Cyprus.
The president of the EBE Paphos stated that the District of Paphos, with its special characteristics, continues to be a pole of attraction for buyers, investors and quality visitors, mainly from Europe but also from third countries. In 2023 the real estate market closed on a positive note with all provinces reaping benefits.
According to the data of the Department of Cadastre and Geometry, real estate sales this year amounted to 15,567 compared to 13,409 in 2022, recording a 16% increase.
Limassol remained at the top of the real estate market for another year, followed by Paphos, with 3,373 sales or 21.6%.
Satisfactorily, as he said, the sectors of retail trade, industry and agriculture also moved. In the development of the city and district of Paphos, the various infrastructure and renovation projects that were implemented contributed significantly, concluded Mr. Mais.
