Cyprus houses & apartments see year-on-year price rises
Across Cyprus, on an annual basis, prices increased by 8.8% for apartments, 3.0% for houses, while rental values remained stable.
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Across Cyprus, on an annual basis, prices increased by 8.8% for apartments, 3.0% for houses, while rental values remained stable.
While Cyprus property values are broadly stable, demand for residential properties is expected to decrease in the fourth quarter of 2023.
Year on year, the rental values for holiday apartments holiday houses in Cyprus have risen by 16.5% and 13.9%, respectively.
Year on year, the rental values for holiday apartments holiday houses in Cyprus have risen by 16.5% and 13.9%, respectively.
Rent increases show no signs of slowing down for all property types in Cyprus. According to the latest results from the Ask Wire Index, significant spikes were observed in the second quarter of 2023.On an annual (and island-wide) basis, rental prices rose (compared to the second quarter of 2022) by