Trends in the Real Estate Market in 2024
November 21, 2024
In 2024, apartment prices rose by 1.2%, while housing recorded a 0.8% decrease in purchase and rental prices. The demand for apartment rentals remains high with a 1.9% increase. Conversely, prices for warehouses and commercial properties have significantly decreased. The challenges in the Cypriot real estate market are attributed to economic factors and geopolitical tensions.