In Cyprus, the jewellery market in February 2026 is bustling with late-winter sales and "New Now" spring launches. While gold and silver prices are hovering near all-time highs globally, Cyprus remains a competitive hub for luxury watches and high-purity gold (especially 18k and 22k) across Nicosia, Limassol, and Paphos.
1. Major Retailer & Boutique Offers
Goumenos Jewellery & Watches (National)
Celebrating 37 years of business, Goumenos is currently offering one of the most accessible promotions in the country:
* Online Discount: Use code ONLINE5 at checkout for 5% off all online orders.
* Summer/Winter Sale: Select branded watches (including Maserati and Garmin Smart) and jewellery items are currently marked down by up to 50%.
Anna Maria Mazaraki (Limassol, Nicosia & Larnaca)
Known for trendy, high-quality silver and gold-plated designs:
* Selected Collection Sale: Offering 15% off selected collections, including silver necklaces with enamel "Evil Eye" motifs and 18k yellow gold-plated riviera necklaces.
* New Martis Arrivals: To celebrate the upcoming Greek "Martis" tradition (March 1), they have launched new red-and-white macrame bracelets starting at €25.00.
Aphrodite Jewellery (Paphos & Online)
This boutique specializes in ethically sourced natural diamonds and gold:
* No Lab-Grown Diamonds: They are currently emphasizing a strict "natural only" policy.
* Trending Products: Current best-sellers for February 2026 include Gold Crosses (starting at €458.00) and Diamond Emerald Earrings priced at approximately €990.00.
2. Current Precious Metal Rates in Cyprus (EUR)
Precious metal rates in Cyprus are tracking the high global volatility of early 2026. As of February 21, 2026, market rates per gram are:
* 24K Gold: Approximately €132.11.
* 22K Gold: Approximately €121.00. (High-end retail standard).
* 18K Gold: Approximately €99.00. (Standard for luxury boutiques).
* 14K Gold: Approximately €77.00. (Most common for wedding bands).
* 925 Silver: Approximately €2.09.
3. Regional Specialties & Cultural Keepsakes
* Lefkara Lace Silver: In the village of Lefkara and specialty boutiques in Limassol (like Kings Jewellers), you can find silver filigree that mimics the world-famous "Lefkaritika" lace. Handcrafted pendants typically range from €45 to €120.
* The "Evil Eye" (Mati): A cultural staple. Many jewellers in the Nicosia Old Town are currently featuring "protection" bracelets in 14k gold for approximately €150 – €280.
* Metaxas Jewelry (Limassol): Currently running an "exchange" program where you can trade in old gold jewellery for new designs without losing the current market Euro value.
4. Duty-Free & Airport Shopping
* Larnaca (LCA) & Paphos (PFO) Duty Free: While primarily known for luxury beauty (like the newly expanded Charlotte Tilbury counters), the jewellery sections are offering "travel-exclusive" sets from Pandora and Swarovski.
* VAT Refunds: Non-EU tourists can reclaim a significant portion of the 19% VAT on purchases over €50. Ensure you ask for the "Global Blue" or "Planet" tax-free form before leaving the shop.
Essential Shopping Tips
* Hallmarking: Genuine Cypriot gold is always stamped with the purity (e.g., 750 for 18k or 585 for 14k). Look for the government-approved hallmark to ensure quality.
* Bargaining: In high-end malls (like Mall of Cyprus), prices are fixed. However, in family-owned boutiques in the Limassol Maximos Plaza or Paphos old town, a polite request for a "cash price" can often secure a 5% to 10% discount.
* Customization: Shops like Aphrodite Jewellery and Metaxas offer on-site workshops for same-day resizing or engraving, which is useful for travellers.
1. Major Retailer & Boutique Offers
Goumenos Jewellery & Watches (National)
Celebrating 37 years of business, Goumenos is currently offering one of the most accessible promotions in the country:
* Online Discount: Use code ONLINE5 at checkout for 5% off all online orders.
* Summer/Winter Sale: Select branded watches (including Maserati and Garmin Smart) and jewellery items are currently marked down by up to 50%.
Anna Maria Mazaraki (Limassol, Nicosia & Larnaca)
Known for trendy, high-quality silver and gold-plated designs:
* Selected Collection Sale: Offering 15% off selected collections, including silver necklaces with enamel "Evil Eye" motifs and 18k yellow gold-plated riviera necklaces.
* New Martis Arrivals: To celebrate the upcoming Greek "Martis" tradition (March 1), they have launched new red-and-white macrame bracelets starting at €25.00.
Aphrodite Jewellery (Paphos & Online)
This boutique specializes in ethically sourced natural diamonds and gold:
* No Lab-Grown Diamonds: They are currently emphasizing a strict "natural only" policy.
* Trending Products: Current best-sellers for February 2026 include Gold Crosses (starting at €458.00) and Diamond Emerald Earrings priced at approximately €990.00.
2. Current Precious Metal Rates in Cyprus (EUR)
Precious metal rates in Cyprus are tracking the high global volatility of early 2026. As of February 21, 2026, market rates per gram are:
* 24K Gold: Approximately €132.11.
* 22K Gold: Approximately €121.00. (High-end retail standard).
* 18K Gold: Approximately €99.00. (Standard for luxury boutiques).
* 14K Gold: Approximately €77.00. (Most common for wedding bands).
* 925 Silver: Approximately €2.09.
3. Regional Specialties & Cultural Keepsakes
* Lefkara Lace Silver: In the village of Lefkara and specialty boutiques in Limassol (like Kings Jewellers), you can find silver filigree that mimics the world-famous "Lefkaritika" lace. Handcrafted pendants typically range from €45 to €120.
* The "Evil Eye" (Mati): A cultural staple. Many jewellers in the Nicosia Old Town are currently featuring "protection" bracelets in 14k gold for approximately €150 – €280.
* Metaxas Jewelry (Limassol): Currently running an "exchange" program where you can trade in old gold jewellery for new designs without losing the current market Euro value.
4. Duty-Free & Airport Shopping
* Larnaca (LCA) & Paphos (PFO) Duty Free: While primarily known for luxury beauty (like the newly expanded Charlotte Tilbury counters), the jewellery sections are offering "travel-exclusive" sets from Pandora and Swarovski.
* VAT Refunds: Non-EU tourists can reclaim a significant portion of the 19% VAT on purchases over €50. Ensure you ask for the "Global Blue" or "Planet" tax-free form before leaving the shop.
Essential Shopping Tips
* Hallmarking: Genuine Cypriot gold is always stamped with the purity (e.g., 750 for 18k or 585 for 14k). Look for the government-approved hallmark to ensure quality.
* Bargaining: In high-end malls (like Mall of Cyprus), prices are fixed. However, in family-owned boutiques in the Limassol Maximos Plaza or Paphos old town, a polite request for a "cash price" can often secure a 5% to 10% discount.
* Customization: Shops like Aphrodite Jewellery and Metaxas offer on-site workshops for same-day resizing or engraving, which is useful for travellers.
Comments
Post a Comment