Latest Headlines

Property Prices

Home prices fell in first quarter

Home prices in Cyprus fell by an average of 1 per cent during the first quarter of 2015 compared to the previous quarter according the latest issue of the Cyprus Central Bank’s Residential Property Price Index.

Decline in Cyprus property prices continues

Although property prices in Cyprus continued to decline in all districts during the first quarter of 2015, there are indications that residential property prices in Paphos, Larnaca and Famagusta may be stabilising.

House prices fall in Cyprus

House prices fell by 3.0 per cent in Cyprus, over the fourth quarter of 2014 and by 3.3 per cent compared to the fourth quarter of 2013 according to today’s report published by Eurostat.

Property price falls reduce

Although the price of residential properties in Cyprus continued to fall over the fourth quarter of 2014, the decrease was less than in previous quarters according to the island’s Central Bank.

Property prices continue to weaken

Property prices across Cyprus continued to weaken during the fourth quarter of 2014 with both house and apartment prices falling according to the RICS Cyprus Property Price Index.

Residential property prices fall 1.7 per cent

Residential property prices in Cyprus continued to fall in the third quarter of 2014, according to a Eurostat newsrelease published today, falling 1.7% compared to the third quarter of 2013.

Real estate prices expected to fall

Pundits in the real estate sector expect that property prices will continue to fall in 2015 but believe that interest from overseas buyers will continue due to incentives introduced by the government.

Property prices up to 9.6 per cent down

Property prices in Cyprus fell by up to 9.6 per cent year-on-year during the third quarter of 2014, according to the twentieth publication of the RICS Cyprus Property Price Index, with falls continuing in many parts of the island.

Property price falls slow

Property prices across Cyprus have recorded the smallest quarterly fall in the last five quarters (since March 2013) according to the Cyprus Central Bank Property Price Index for the second quarter of 2014.

Property prices continue to fall

Residential property prices across Cyprus continued to fall during the second quarter of 2014 with the greatest falls being recorded in Paphos where apartment and house prices fell by 2.8% and 2.1% respectively.

Back to top