Cyprus Property Prices in 2025: Growth Continues, but the Market Becomes More Selective

The Cyprus real estate market continues its steady growth, though the pace has slightly slowed down. According to the Central Bank of Cyprus, Cyprus property prices increased by 4.8% year-on-year in the first quarter of 2025. The rise is especially strong in the segment of apartments and houses by the sea, driven by constant interest from foreign buyers.

Among the regions, Larnaca leads the way — apartment prices there rose by almost 6%, and detached houses by around 5%. Limassol and Paphos show more moderate growth, yet remain the most attractive areas for property investment in Cyprus and long-term residence.

Average Prices and Market Trends

Today, the average price to buy an apartment in Cyprus is around €250,000, while a house or villa costs approximately €320,000. The average cost per square meter across the island stands near €2,500–€2,600.
On the coast — especially in Limassol — the prices for seaside properties in Cyprus are much higher, starting from €700,000 for spacious apartments in modern residential complexes.

The reasons behind the rise are clear: limited supply of quality new projects, higher construction costs, and stable demand from buyers from Europe, Israel, and the Middle East.

Investing in Cyprus Property

Even though the market is gradually reaching maturity, investing in Cyprus property remains one of the most attractive strategies in the region. The average rental yield from apartments is around 4–5% per year, with strong demand for both long-term and holiday rentals.

For those looking to buy a seaside apartment in Cyprus for living or generating rental income, 2025 may be a good time — prices are still growing but remain more affordable than in many EU countries with a similar climate and infrastructure.

Outlook for 2026

Experts expect housing prices in Cyprus to keep rising, but at a more moderate pace. The market is becoming more selective: properties with sea views, convenient locations, and high construction standards will continue to appreciate faster than average.

If you are planning to buy a house or apartment in Cyprus, now is a favorable moment to make your choice — demand is strong, yet there are still many interesting opportunities in both new developments and the resale market.

Cyprus Realty Center offers professional guidance and property selection across the island — from elegant apartments in Limassol city center to modern villas by the sea in Paphos and Larnaca.
More details and photos available on our website.