Cyprus property prices continue upward trend in early 2026

According to the Central Bank of Cyprus, residential property prices rose by 7.5% year-on-year in the first quarter of 2026. Apartment prices experienced a 10.8% increase, while house prices grew by 3%. Compared to the fourth quarter of 2025, the overall index increased by 2.3%. Since 2010, apartment prices across the country have risen by 27%, with Limassol recording a sharp 53% increase. The Department of Lands and Surveys reported a 13.8% annual increase in property sales, totaling 4,709 transactions. Growth was primarily driven by high demand from foreign buyers and rising construction costs. Regional data shows accelerating price growth in Nicosia and Larnaca, whereas momentum slowed in Limassol and Paphos.