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Cyprus property market shows resilience in Q2 2026
The Cyprus property market demonstrated resilience in the second quarter of 2026, maintaining positive price movements across most districts and asset categories despite regional geopolitical tensions. According to the RICS Cyprus Property Price Index with KPMG, apartments remained the strongest-performing residential asset, with Larnaca leading the market in both apartment and office value growth.
Residential demand remains high, with annual price increases recorded at 4.09% for apartments and 3.60% for houses. The rental market also showed strength, particularly for apartments and holiday properties. In the commercial sector, warehouses in Larnaca and Paphos saw notable gains, while office values recorded moderate increases. Conversely, the retail sector remained the weakest performer, showing only modest growth or slight declines in certain areas like Famagusta.
Transaction activity was robust, with Cyprus Sotheby’s International Realty reporting 4,622 transactions totaling €1.38 billion during the quarter, marking the strongest second quarter since 2016. Additionally, construction activity is responding to demand, with 7,131 building permits authorized for new dwellings.
Entities
Christophoros Anayiotos · Cyprus · KPMG · Larnaca · RICS
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Cyprus Sotheby’s International Realty reported 4,622 transactions worth €1.38bn in Q2 2026. news.cyprus-property-buyers.com
- [○ 1 SOURCE] Annual apartment price increases reached 4.09%. www.politis.com.cy
- [● 2 SOURCES] Larnaca led the market in apartment price growth and office value increases. news.cyprus-property-buyers.com · cyprus-mail.com
- [○ 1 SOURCE] Retail properties were the weakest-performing asset class, with a 0.72% annual increase. www.politis.com.cy
- [○ 1 SOURCE] The Cyprus property market showed resilience with positive price movements across most districts and asset categories in Q2 2026. cyprus-mail.com
- [○ 1 SOURCE] 7,131 building permits were authorized for new dwellings. news.cyprus-property-buyers.com
- [○ 1 SOURCE] Annual house price increases reached 3.60%. www.politis.com.cy
- [● 2 SOURCES] Apartments were the strongest-performing residential asset class in Q2 2026. news.cyprus-property-buyers.com · cyprus-mail.com