Apartment prices in Cyprus rose 10.8% in the first quarter of 2026 compared with a year earlier, the Central Bank of Cyprus said.
The overall House Price Index increased 7.5%, driven by foreign demand and higher construction costs.
House prices were up 3% year‑on‑year, with the bank noting a slight slowdown in that segment. Quarter‑to‑quarter, the index rose 2.3%, just below the 2.4% increase recorded in the final quarter of 2025.
Larnaca and Paphos posted the strongest quarterly gains at 5.1% and 5.2%. Limassol slowed to 2.4%. Nicosia recorded a 1.8% annual increase after several periods of decline, while Famagusta saw a 0.7% drop.