Cyprus Housing Prices Rise As Building Permits Increase

by THEFUTURE.TEAM

March 19, 2026

Cyprus’ real estate market is experiencing a robust surge as new home supply expands and building permits soar. Strong domestic and international demand, coupled with favorable credit conditions, has driven an accelerated increase in house prices, according to the Central Bank of Cyprus.

Market Overview And Quarterly Trends

In the fourth quarter of 2025, the Central Bank noted a significant rise in the general House Price Index (HPI), which increased 2.3% quarter-on-quarter compared to 1.2% in the previous quarter. This uptick is attributed to solid buyer interest and a gradual expansion in housing supply, even as construction costs remain historically high.

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Regional Variations And Price Dynamics

Price growth differed across districts. Nicosia recorded a 1% increase following a previous decline, while Limassol and Larnaca posted increases of 9.9% and 8.3%, respectively. Apartment prices increased in most regions, rising by 3% in Nicosia, 9.3% in Limassol, 12.2% in Larnaca, and 13.6% in Paphos. Famagusta recorded a slight decline in apartment prices.

Bolstered Mortgage Lending And Investment Activity

Mortgage lending figures further underscore market vitality, with net new housing loans rising by 23.1% in 2025. The reduction in the weighted average interest rate to 3.12% in December, influenced by the European Central Bank’s gradual easing since mid-2024, has further energized credit expansion. Domestic transactions have grown appreciably, while foreign investments surged by 23.9%, reflecting the market’s international appeal.

Supply-Side Developments And Industry Outlook

The number of building permits for residential units increased by 36.1% between January and November 2025, indicating a medium-term expansion in housing supply. Despite ongoing pressures such as labor shortages and elevated construction costs amid a challenging global supply chain, market indicators remain resilient, with continued positive trends in construction activity and material pricing.

Conclusion

The Cyprus housing market is set on a trajectory of sustained growth, driven by firm buyer demand and strategic credit policies. As domestic and foreign investments continue to pour in and supply-side measures take effect, the island nation’s property sector appears well-positioned for further expansion in the coming months.

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Cyprus’ Poverty And Social Exclusion Risk Stands At 17.1%

by THEFUTURE.TEAM

October 20, 2026

Cyprus recorded a poverty or social exclusion risk rate of 17.1% in 2025, below the European Union average of 20.9%, according to new Eurostat figures. Across the bloc, however, more than 92 million people continued to face the risk, highlighting persistent social and economic inequalities.

More Than 92 Million People At Risk Across The EU

A total of 92.7 million people across the EU were at risk of poverty or social exclusion in 2025, equivalent to just over one in five residents.

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Cyprus is treated as a single statistical region because of its size, unlike many member states divided into multiple regions for comparison. Its national figure therefore provides an overall picture but does not capture differences between districts or communities.

Regional Gaps Remain Stark Across Europe

The risk varied considerably across the EU, with the highest rates concentrated largely in southern, eastern and outermost regions. In 24 of the 243 regions with available data, at least 31.5% of the population faced poverty or social exclusion.

These regions were located in Spain, Bulgaria, Greece, Italy, France and Romania, as well as Brussels in Belgium and Bremen in north-western Germany.

French Guiana recorded the highest rate, at 54.8%, followed by Calabria in southern Italy at 45.3% and Sicily at 44%. Melilla, a Spanish autonomous city, recorded 43.7%, while Réunion, another French outermost region, stood at 42.3%.

Central Europe Records The Lowest Rates

At the other end of the scale, 24 regions reported poverty or social exclusion risk rates below 13% in 2025. These included five eastern EU capital regions: Bratislava in Slovakia, Warsaw in Poland, Prague in the Czech Republic, Budapest in Hungary and Zagreb in Croatia.

Other regions with low rates were concentrated in northern Italy, the Czech Republic, northern Belgium, Hungary, Poland and Austria, illustrating the uneven distribution of economic security across Europe.

Cyprus Remains Below The EU Average

Cyprus’ rate of 17.1% places it below the EU average, although it remains higher than the levels recorded in the bloc’s lowest-risk regions.

The figures suggest that Cyprus performs relatively well compared with the wider EU, but poverty and social exclusion remain significant challenges across the bloc, affecting more than 92 million people.

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