In Cyprus, the jewellery market is currently moving from post-Valentine's clearances into Spring Bazaars and "Women’s Day" (March 8th) preparations. As of late February 2026, there is a distinct split between the traditional artisanal workshops of Nicosia and Limassol and international high-street brands.
Top Brand & Boutique Offers
Panos Melekkis Jewellery (Limassol)
This high-end boutique is known for custom designs and unique collections.
* Women's Day Early Access: Use the promo code WOMENSDAY at checkout to receive 15% off on any piece you choose from their collections.
* Collections Highlight: They are currently promoting their "Monarchy" and "Empire" collections, with a focus on bespoke 18K gold and diamond designs.
* Flexible Payments: They offer a "Pay in Installments" option for higher-priced engagement and wedding bands.
Swarovski Cyprus
Available in major malls such as The Mall of Cyprus (Nicosia) and MyMall (Limassol).
* SCS Member Exclusive: For February 2026, Swarovski Crystal Society (SCS) members receive a complimentary 2026 Baby Pheasant crystal when spending over €300.
* Outlet Section: Their online and in-store outlet sections are currently clearing winter styles with discounts up to 40%.
MANGO Cyprus
For high-fashion costume jewellery and minimalist accessories:
* "New Now" Collection: Mango has recently launched its 2026 Spring jewellery line, featuring beaded rigid collars and combined stone earrings.
* Price Point: While not a "sale," their new gold and silver-plated accessories are competitively priced, starting from €15.99 to €29.99.
Spring Bazaars & Pop-up Events
February 2026 is a big month for independent and vintage jewellery finds in Cyprus.
* Sustainable Bazaar (Nicosia): Taking place on Saturday, February 28th at New Division. You can find pre-loved and handmade jewellery from various local vendors.
* Second Life Wardrobe Gala (Nicosia): Running from February 28th to March 1st at Yfantourgeio. This event features second-hand jewellery, handmade finds, and retro accessories.
* Thrift Therapy Grand Opening (Larnaca): On March 1st, a new vintage-focused trunk show at 119 Ermou Street will feature international vintage jewellery curated from global markets.
Market Trends & Gold Prices (February 2026)
Gold prices in Cyprus, as part of the Eurozone, are currently at historic highs.
* Current Gold Price: Gold is trading at approximately €4,350 per Troy Ounce (approx. €140 per gram for 24K).
* Investment Outlook: Analysts expect gold to continue its bull run throughout 2026, potentially testing the $5,000/oz mark, making current purchases a strong long-term "store of value" in the eyes of many local Cypriot investors.
Shopping Tips for Cyprus
* Lefkara Silver Filigree: For a truly traditional Cypriot piece, look for Lefkara silver. Authentic pieces must be stamped with the '925' hallmark.
* Hallmarking: Cyprus has strict regulations. Fine gold should be marked 18K (750) or 14K (585). Always look for the hallmark, especially when buying in the traditional "Gold Smith" streets of Nicosia's Old Town.
* Tax-Free (Non-EU Residents): If you are visiting from outside the EU (e.g., UK, USA, Israel), you are eligible for a VAT refund on purchases over a certain threshold. Ensure you ask for a "Tax-Free" form at the point of purchase to reclaim up to 19% VAT.
Top Brand & Boutique Offers
Panos Melekkis Jewellery (Limassol)
This high-end boutique is known for custom designs and unique collections.
* Women's Day Early Access: Use the promo code WOMENSDAY at checkout to receive 15% off on any piece you choose from their collections.
* Collections Highlight: They are currently promoting their "Monarchy" and "Empire" collections, with a focus on bespoke 18K gold and diamond designs.
* Flexible Payments: They offer a "Pay in Installments" option for higher-priced engagement and wedding bands.
Swarovski Cyprus
Available in major malls such as The Mall of Cyprus (Nicosia) and MyMall (Limassol).
* SCS Member Exclusive: For February 2026, Swarovski Crystal Society (SCS) members receive a complimentary 2026 Baby Pheasant crystal when spending over €300.
* Outlet Section: Their online and in-store outlet sections are currently clearing winter styles with discounts up to 40%.
MANGO Cyprus
For high-fashion costume jewellery and minimalist accessories:
* "New Now" Collection: Mango has recently launched its 2026 Spring jewellery line, featuring beaded rigid collars and combined stone earrings.
* Price Point: While not a "sale," their new gold and silver-plated accessories are competitively priced, starting from €15.99 to €29.99.
Spring Bazaars & Pop-up Events
February 2026 is a big month for independent and vintage jewellery finds in Cyprus.
* Sustainable Bazaar (Nicosia): Taking place on Saturday, February 28th at New Division. You can find pre-loved and handmade jewellery from various local vendors.
* Second Life Wardrobe Gala (Nicosia): Running from February 28th to March 1st at Yfantourgeio. This event features second-hand jewellery, handmade finds, and retro accessories.
* Thrift Therapy Grand Opening (Larnaca): On March 1st, a new vintage-focused trunk show at 119 Ermou Street will feature international vintage jewellery curated from global markets.
Market Trends & Gold Prices (February 2026)
Gold prices in Cyprus, as part of the Eurozone, are currently at historic highs.
* Current Gold Price: Gold is trading at approximately €4,350 per Troy Ounce (approx. €140 per gram for 24K).
* Investment Outlook: Analysts expect gold to continue its bull run throughout 2026, potentially testing the $5,000/oz mark, making current purchases a strong long-term "store of value" in the eyes of many local Cypriot investors.
Shopping Tips for Cyprus
* Lefkara Silver Filigree: For a truly traditional Cypriot piece, look for Lefkara silver. Authentic pieces must be stamped with the '925' hallmark.
* Hallmarking: Cyprus has strict regulations. Fine gold should be marked 18K (750) or 14K (585). Always look for the hallmark, especially when buying in the traditional "Gold Smith" streets of Nicosia's Old Town.
* Tax-Free (Non-EU Residents): If you are visiting from outside the EU (e.g., UK, USA, Israel), you are eligible for a VAT refund on purchases over a certain threshold. Ensure you ask for a "Tax-Free" form at the point of purchase to reclaim up to 19% VAT.
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