in-cyprus23 Jun 2026

Cyprus apartment prices rise 10.8% as property market maintains upward trend

Cyprus apartment prices rise 10.8% as property market maintains upward trend

Apartment prices in Cyprus increased 10.8% year-on-year in the first quarter of 2026, while the overall House Price Index climbed 7.5%, driven primarily by strong demand from foreign buyers and rising construction costs, the Central Bank of Cyprus (CBC) said on Tuesday.

House prices rose 3% over the same period, with the CBC noting a slight slowdown in that segment. Quarter-on-quarter, the overall index rose 2.3%, marginally below the 2.4% recorded in the fourth quarter of 2025....

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Cyprus apartment prices rise 10.8% as property market maintains upward trend · XploreCyprus