Cyprus residential construction costs hit record high in 2025

Construction prices for new residential buildings in Cyprus climbed to their highest level on record in 2025, according to new Eurostat data, reflecting a broader increase in building costs across the European Union over the past decade.

The numbers were published in the 2026 edition of Eurostat’s Key Figures on European Business, which brings together data on business activity, investment, productivity, technology, globalisation and tourism across the bloc....