Dwelling Prices in Different Districts of Cyprus – REALTING Data

The real estate market of the Republic of Cyprus remains highly sought-after and stable. We review its performance for the full year 2025 and present current residential property prices according to REALTING data.

Number of purchase and sale transactions

The Cyprus real estate market continues to demonstrate high activity. Since 2013, the number of real estate purchase and sale transactions has grown annually. The only exception was 2020, when a decline was recorded compared to 2019.

Data from the Department of Lands and Surveys of the Republic of Cyprus indicate that 19,304 purchase and sale transactions were recorded nationwide in 2025. This represents a 0.8% increase compared to 2024. Notably, 2025 marked the highest-performing year for Cyprus's real estate market since 2007.

Seasonal patterns are characteristic of the Cyprus real estate sector. Activity peaks in the fourth quarter of each year, which consistently sees the highest number of purchase and sale transactions compared to the preceding quarters.

In January-February 2026, 2851 real estate purchase and sale transactions were registered, which is comparable to the figure for the same period in 2024.

Nicosia and Limassol lead among Cyprus districts in the number of real estate transactions. In 2025, these districts recorded 5917 and 4940 transactions, respectively. In January–February 2026, Nicosia saw 863 transactions, while Limassol recorded 832.

Prices in the residential real estate market

As of March 2026, data on the Residential Property Price Index (HPI) for the full year-end results of Q4 2025 have not yet been published, so we will review the HPI for Q3.

Per Eurostat data, the House Price Index (HPI) for Q3 2025 reached 146.86 points. This represents a 0.3% decrease compared to Q2 2025 and a 0.1% increase compared to Q3 2024.

The Central Bank of the Republic of Cyprus presents the following data regarding changes in residential property prices:

• average apartment prices increased by 1.7% quarter-on-quarter and 6.4% year-on-year in the third quarter of 2025;
• average house prices in the third quarter of 2025 increased by 0.4% compared to the second quarter of 2025 and by 2.6% compared to the third quarter of 2024.

As of March 2026, the REALTING platform features over 29,000 listings for residential properties in the Republic of Cyprus. Based on this data, REALTING analyzed the average housing prices across various regions of the country in March 2026. The average prices, as well as their ranges, are presented in the cards.