Apartment prices in Cyprus: the Central Bank index by district
The Central Bank of Cyprus apartment index stood at 128.72 in Q2 2026 (2010 Q1 = 100), +8.87% year on year; among the districts Paphos rose most (+18.50%) and Nicosia least (+4.63%).
Updated Next review 22 December 20263 min read
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The apartment index in Q2 2026#
The Central Bank of Cyprus Residential Property Price Index for apartments across Cyprus stood at 128.72 in Q2 2026 (2010 Q1 = 100), +8.87% year on year.1 In Q1 2026 it was 127.02, so the quarter-on-quarter change was +1.3%, derived as 128.72 ÷ 127.02 − 1.1 Q2 2026 is the latest quarter the Central Bank has published.2
The index tracks how prices of comparable apartments change over time. It is not a price in euros, and the Central Bank does not publish an average apartment price or a price per m². The all-property series is on the Cyprus Residential Property Price Index page.
Residential Property Price Index
Cyprus (all districts) · Apartments · 2010 Q1 = 100
Source: Central Bank of Cyprus. Retrieved 29 Oct 2026.
Latest official release: Q2 2026 · Next expected: December 2026
Chart by the Cyprus Property Network · CC BY 4.0 · CSV · JSON · Permalink
Apartment index by district#
| Apartments, CBC index (2010 Q1 = 100) | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|
| Cyprus | 118.23 | 127.02 | 128.72 |
| Nicosia | 97.44 | 100.30 | 101.95 |
| Limassol | 142.96 | 153.29 | 154.14 |
| Larnaca | 113.59 | 121.91 | 122.60 |
| Paphos | 114.88 | 124.64 | 136.13 |
| Famagusta | 88.84 | 90.00 | 95.40 |
Index levels by district.1 Every district series is set to 100 in Q1 2010, so a higher level means a larger rise since then, not a higher price. Famagusta covers the government-controlled area of the district only.
Year-on-year change by district#
| Apartments, year on year | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|
| Cyprus | +5.28% | +10.79% | +8.87% |
| Nicosia | +2.58% | +3.01% | +4.63% |
| Limassol | +4.77% | +10.70% | +7.82% |
| Larnaca | +8.21% | +11.73% | +7.93% |
| Paphos | +8.00% | +6.39% | +18.50% |
| Famagusta | +4.53% | +1.31% | +7.39% |
In Q2 2026 the largest year-on-year rise among the five districts was in Paphos (+18.50%) and the smallest in Nicosia (+4.63%).1
RPPI change year on year
Cyprus (all districts) · Apartments
Source: Central Bank of Cyprus. Retrieved 29 Oct 2026.
Latest official release: Q2 2026 · Next expected: December 2026
Chart by the Cyprus Property Network · CC BY 4.0 · CSV · JSON · Permalink
Apartments against houses#
| Q2 2026 | Apartments: index | Apartments: year on year | Houses: index | Houses: year on year |
|---|---|---|---|---|
| Cyprus | 128.72 | +8.87% | 98.04 | +5.76% |
| Nicosia | 101.95 | +4.63% | 83.23 | +4.39% |
| Limassol | 154.14 | +7.82% | 110.00 | +4.29% |
| Larnaca | 122.60 | +7.93% | 94.87 | +8.89% |
| Paphos | 136.13 | +18.50% | 109.81 | +3.14% |
| Famagusta | 95.40 | +7.39% | 105.39 | +10.47% |
Across Cyprus the apartment index rose +8.87% in the year to Q2 2026 and the house index +5.76%.1 The two series share the same base, so the gap between their levels (128.72 against 98.04) shows how differently they have moved since Q1 2010.1
The long-run series since 2010#
| Cyprus, apartments | Index (2010 Q1 = 100) |
|---|---|
| Q1 2010 | 100.00 |
| Q2 2014 | 75.62 |
| Q2 2018 | 76.05 |
| Q2 2022 | 91.13 |
| Q2 2026 | 128.72 |
Selected quarters from the Central Bank series.1 The all-Cyprus apartment series begins in Q1 2006; the district breakdown by property type begins in Q1 2010.1
How this is calculated#
The Central Bank of Cyprus compiles the index from property valuations supplied by credit institutions and publishes it as a workbook with each quarterly release.2 Index levels are taken unchanged from the Q2 2026 workbook (base 2010 Q1 = 100).1 Year-on-year changes are the index divided by the index four quarters earlier, minus one, to two decimal places; the quarter-on-quarter change is derived the same way from consecutive quarters and rounded to one decimal place. The Central Bank revises earlier quarters when new valuations arrive, so recent figures can change; this page is refreshed when they do. The method is explained in how Cyprus house price indices work.
Next official release: the Q3 2026 index, expected from the Central Bank of Cyprus around mid-December 2026, about two and a half months after the quarter end (date not announced).
Sources for this page
2 sources from 1 publisher. Every figure on this page is traceable to one of them.
Residential Property Price Indices
Official statisticsCited ↩ 1↩ 2
Residential Property Price Indices, quarterly releases and methodology