According to the RICS Cyprus Property Price Index in collaboration with KPMG in Cyprus, the first quarter of 2025 saw a rise in both sales and rental prices in the Cypriot real estate market, compared to the same period in 2024.

Sales Prices
— Apartments: +3.88%
— Offices: +2.84%
— Houses: +2%

Rental Prices
— Offices: +4.39%
— Apartments: +2.87%
— Houses: +2.51%

Christoforos Anayiotos, Managing Director and Head of Real Estate at KPMG Cyprus, noted that the highest price increases were recorded in the sales of apartments, houses, and office spaces. A similar trend is observed in the rental sector, where residential and office properties are leading the growth. Retail spaces show the slowest growth, indicating continued caution among market participants.

Simon Rubinsohn, Chief Economist of RICS, emphasized that despite increasing geopolitical tensions and global macroeconomic uncertainty, Cyprus’s economy remains resilient, and the property market continues to show upward trends.