The residential property market in Cyprus is experiencing steady growth, with prices gradually increasing on both a quarterly and annual basis. Larnaca stands out with the highest price growth, while other districts show moderate to marginal increases. House prices remain relatively stable, with some areas seeing slight declines as demand shifts towards more affordable apartment…
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The Neapolis Property Price Index for 2024 Q1 highlights a moderate increase in residential property prices, reflecting a trend of market stabilization across Cyprus. Larnaca showed the highest growth, followed by Famagusta and Pafos, while Nicosia and Limassol saw smaller gains. Year-over-year, the residential market experienced a positive rise, with notable growth in Larnaca and…
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The Neapolis Property Price Index for 2023Q4 indicates a trend towards stabilization in the Cypriot residential property market, with moderate overall growth. Larnaca shows the most significant increases both quarterly and yearly, while Famagusta, Nicosia, and Pafos also display positive trends. Limassol exhibits minimal quarterly growth and a slight y-o-y decline, impacting the overall market…
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The Cyprus Housing Trends report focus on the key parameters influencing the housing market, presenting an unbiased picture mainly through data analysis. Analysis includes macroeconomic indicators, supply & demand fluctuations and affordability challenges that define the current housing market in Cyprus. Download the report from the link below.
The Neapolis Property Price Index (NPPI) is published on a quarterly basis by the Real Estate Department of Neapolis University Pafos, which currently tracks dwelling prices. The NPPI is compiled to enhance transparency and to make a meaningful contribution to the macroeconomic analysis of the local real estate market. Through the index development initiative, it…
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