Cyprus House Prices Rise 6% In Q4 2025 As Index Holds At 152.9

Market Overview

House prices in Cyprus increased 6% year over year in the fourth quarter of 2025, according to preliminary data from the Cyprus Statistical Service. The House Price Index reached 152.91 points, remaining broadly unchanged compared with the previous quarter.

Quarterly Performance In Focus

The index rose from 144.20 points in Q1 to 150.25, before declining to 147.48 in Q2. Prices then increased to 152.93 in Q3 and remained stable at 152.91 in Q4. Data show fluctuations across the year, with overall growth maintained through the second half of 2025.

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New Versus Existing Dwellings

Prices for new dwellings increased from 173.92 to 174.51 in Q4. Existing housing recorded a decline, with the index falling from 135.60 to 134.56. The data indicate diverging trends between new and existing properties at year-end.

Statistical Insights And Market Implications

The House Price Index combines data from new and existing residential properties based on records from the Department of Lands and Surveys. Annual growth accelerated in Q4 compared with earlier periods in 2025. The data show continued demand in the residential market, particularly in the segment of newly built housing.

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Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

by THEFUTURE.TEAM

July 28, 2026

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

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Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

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