Increase in Apartment Price Index in Cyprus in 2025
October 27, 2025
The apartment price index in Cyprus reached a new record in the second quarter of 2025, surpassing the 2008 levels. Prices have risen by 44% from the 2006 low, mainly due to increased demand and higher construction costs. Limassol shows the largest increase, with its index 93% higher compared to 2015. Prices in Nicosia, Larnaca, and Paphos are also on the rise, although Nicosia remains closer to its historical high. This trend contributes to a recovery in construction activity, although the supply of properties does not seem to meet the demand.