Return of Property Prices to Pre-Crisis Levels
March 17, 2025
Property prices have returned to 2012 levels, just prior to the banking crisis, with the apartment price index reaching its highest historical point. The Central Bank reports a slowdown in price increases, with varying trends across provinces. Notably, in Limassol, prices have steadily risen since 2019, while areas like Nicosia and Larnaca show different trends. The apartment price index has reached significant levels but remains below 100 in some areas.