Economy · Cyprus

Apartment prices rise faster than house prices in Cyprus

1 sourceFirst reported 23 days agoUpdated 23 days ago

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Apartment prices have seen a record increase, surpassing levels from 2008.
In Q1 2026, apartment prices increased by 11.4% from the previous year.
In contrast, house prices rose only by 1.93% in the same period.
The demand for apartments is primarily driven by external factors.
Ten-year increase for apartments stands at 78.87%, while houses increased by 26.45%.

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AI summary: catch up in 20 seconds

Apartment prices have seen a record increase, surpassing levels from 2008.
In Q1 2026, apartment prices increased by 11.4% from the previous year.
In contrast, house prices rose only by 1.93% in the same period.
The demand for apartments is primarily driven by external factors.
Ten-year increase for apartments stands at 78.87%, while houses increased by 26.45%.

Generated by AI from the 1 sources below · always verify with the originals