Paphos property prices: the Central Bank index and contracts of sale
Paphos property prices rose 9.57% in the year to Q2 2026 on the Central Bank index, led by apartments at +18.5%, while contracts of sale for January–September 2026 were 18.5% higher than in 2025.
Updated Next review 5 December 20263 min read
On this page 8 sections
The Paphos index in Q2 2026#
The Central Bank of Cyprus Residential Property Price Index for Paphos stood at 119.38 in Q2 2026 (2010 Q1 = 100), up 9.57% year on year.1 That is the most recent quarter the Central Bank has published.1
The index measures how prices of comparable homes change over time. It does not give a price in euros, and the Central Bank does not publish an average price or a price per m² for Paphos.
Residential Property Price Index
Paphos · All types · 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
Apartments and houses compared#
Apartments and houses in Paphos moved very differently in the year to Q2 2026.1
| Paphos, CBC index (2010 Q1 = 100) | Q2 2025 | Q1 2026 | Q2 2026 | Year on year |
|---|---|---|---|---|
| All residential | 108.95 | 115.59 | 119.38 | +9.57% |
| Apartments | 114.88 | 124.64 | 136.13 | +18.5% |
| Houses | 106.47 | 110.81 | 109.81 | +3.14% |
Quarter on quarter, the all-residential index rose 3.3% between Q1 and Q2 2026, apartments rose 9.2% and houses fell 0.9%.1 Derived from the table: 119.38 ÷ 115.59 − 1, 136.13 ÷ 124.64 − 1 and 109.81 ÷ 110.81 − 1.1
Paphos against the all-Cyprus index#
The all-Cyprus index was 109.68 in Q2 2026, up 8.51% year on year, so Paphos rose slightly faster than the island as a whole.1 Paphos apartments rose 18.5% against 8.87% for apartments across Cyprus; Paphos houses rose 3.14% against 5.76% for houses across Cyprus.1
| Q2 2026, year on year | Paphos | Cyprus |
|---|---|---|
| All residential | +9.57% | +8.51% |
| Apartments | +18.5% | +8.87% |
| Houses | +3.14% | +5.76% |
Both indices start from 100 in Q1 2010, so the gap between them in Q2 2026 (119.38 against 109.68) shows how far each has moved since then, not a difference in price levels.1
Contracts of sale deposited in Paphos#
The Paphos District Lands Office received 345 contracts of sale in September 2026, against 313 in September 2025.2 In Q3 2026 the total was 1,007 contracts, up 14.7% on the 878 in Q3 2025.2 From January to September 2026 Paphos recorded 2,999 contracts, up 18.5% on the 2,531 in the same months of 2025.2
| Paphos, contracts of sale | 2025 | 2026 |
|---|---|---|
| July | 342 | 395 |
| August | 223 | 267 |
| September | 313 | 345 |
| January–September | 2,531 | 2,999 |
The 2026 Department figures, September 2026 included, are provisional and can change when the Department re-issues its file.2 A contract of sale is deposited when a buyer files the signed contract with the Lands Office, usually soon after signing. It counts transactions, not prices. The full monthly series is on the Paphos contracts of sale page.
How this is calculated#
Index levels and year-on-year changes are taken unchanged from the Central Bank's Q2 2026 workbook.1 Quarter-on-quarter changes and period totals are derived by us: later value divided by earlier value minus one, rounded to one decimal place, and monthly counts added together.12 Contracts of sale are the Department of Lands and Surveys figures for the Paphos District Lands Office.2 The 2026 counts are provisional: the Department re-uploads its current-year file every month, so recent months, September 2026 included, can be revised; we refresh this page when they are.2 The index itself is explained on the Cyprus Residential Property Price Index page. We explain our sourcing rules in our editorial policy and log any error we fix on the corrections page.
Next official release: unknown.
Questions readers ask
- How much have Paphos property prices risen?#
- The Central Bank of Cyprus index for Paphos rose 9.57% in the year to Q2 2026, to 119.38 (2010 Q1 = 100). Apartments rose 18.5% and houses 3.14%.
- Does the Central Bank publish an average property price for Paphos?#
- No. The Residential Property Price Index measures price change for comparable homes; it gives no average price in euros and no price per m².
- How many property sales were there in Paphos in 2026?#
- The Department of Lands and Surveys recorded 2,999 contracts of sale at the Paphos District Lands Office from January to September 2026, against 2,531 in the same months of 2025.
Sources for this page
2 sources from 2 publishers. Every figure on this page is traceable to one of them.