Price increases in building materials due to the energy crisis
October 20, 2026
The Cypriot construction market is facing significant price increases in building materials due to the energy crisis and rising international fuel prices. According to statistics, the General Index of Construction Material Prices has risen by 3.74% annually. These increases are passed on to consumers, making properties more expensive. Notably, materials such as cement and bricks have seen substantial price hikes. This limits the purchasing power of young couples and investors in the real estate market.