11Feb 2025 Neapolis Property Price Index Q2 2024 Dwelling Prices QoQ The quarterly changes in prices between 2024Q2 to 2024Q1, considering the overall residential market (houses and apartments) are showing a gradual however moderate increase of +1.1%, reflecting a stable growth across Cyprus. Highest growth was noted in Larnaca at +1.8%, followed by Famagusta at +1.5% and Pafos at +1.2%. Marginal increases appear in Limassol and Nicosia at +0.8% and +0.5% respectively. Dwelling Prices YoY Year-over-year (2024Q2–2023Q2), the residential property market in Cyprus experienced a moderate yet positive upsurge, recording an overall increase of +3.2%. At district level, Larnaca saw a strong growth at +6.6%, followed by moderate increases in Famagusta and Nicosia, exhibiting a +3.5% and a +3% respectively. Pafos registered a modest rise of 2.4%, while prices in Limassol had a mild appreciation of 1.4%. Download the index here Tags: Market News, Property Index, Neapolis University, Real Estate Department, Property Prices, Housing Market Cyprus
