{"id":114722,"date":"2025-06-10T17:39:26","date_gmt":"2025-06-10T14:39:26","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=114722"},"modified":"2025-06-10T17:39:26","modified_gmt":"2025-06-10T14:39:26","slug":"cyprus-property-prices-and-rents-continue-to-climb-in-early-2025","status":"publish","type":"post","link":"https:\/\/lamaisonestates.com\/he\/cyprus-property-prices-and-rents-continue-to-climb-in-early-2025\/","title":{"rendered":"Cyprus Property Prices and Rents Continue to Climb in Early 2025"},"content":{"rendered":"<p data-start=\"299\" data-end=\"566\">Property prices and rental rates in Cyprus rose again in Q1 2025, according to the latest &#8220;RICS Cyprus Property Price Index with KPMG in Cyprus.&#8221; The data points to strong growth in both sales and rents, especially in Larnaca and across commercial real estate sectors.<\/p>\n<h3 data-start=\"568\" data-end=\"618\">Sales Prices: Up Across Most Property Types<\/h3>\n<p data-start=\"620\" data-end=\"686\">Compared to Q1 2024, most property categories saw price increases:<\/p>\n<ul data-start=\"688\" data-end=\"829\">\n<li data-start=\"688\" data-end=\"714\">\n<p data-start=\"690\" data-end=\"714\">Apartments: +3.88%<\/p>\n<\/li>\n<li data-start=\"715\" data-end=\"738\">\n<p data-start=\"717\" data-end=\"738\">Offices: +2.84%<\/p>\n<\/li>\n<li data-start=\"739\" data-end=\"761\">\n<p data-start=\"741\" data-end=\"761\">Houses: +2.00%<\/p>\n<\/li>\n<li data-start=\"762\" data-end=\"788\">\n<p data-start=\"764\" data-end=\"788\">Warehouses: +1.04%<\/p>\n<\/li>\n<li data-start=\"789\" data-end=\"829\">\n<p data-start=\"791\" data-end=\"829\">Shops\/Stores: Slight dip of -0.05%<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"831\" data-end=\"980\">Apartments saw the biggest jump, but it was commercial properties\u2014particularly offices in Larnaca, that led the charge in specific regional gains.<\/p>\n<h3 data-start=\"982\" data-end=\"1024\">Rental Market: Offices Lead the Way<\/h3>\n<p data-start=\"1026\" data-end=\"1136\">The rental market followed similar upward momentum, with office spaces seeing the most significant growth:<\/p>\n<ul data-start=\"1138\" data-end=\"1354\">\n<li data-start=\"1138\" data-end=\"1161\">\n<p data-start=\"1140\" data-end=\"1161\">Offices: +4.39%<\/p>\n<\/li>\n<li data-start=\"1162\" data-end=\"1188\">\n<p data-start=\"1164\" data-end=\"1188\">Apartments: +2.87%<\/p>\n<\/li>\n<li data-start=\"1189\" data-end=\"1211\">\n<p data-start=\"1191\" data-end=\"1211\">Houses: +2.51%<\/p>\n<\/li>\n<li data-start=\"1212\" data-end=\"1241\">\n<p data-start=\"1214\" data-end=\"1241\">Holiday Homes: +2.26%<\/p>\n<\/li>\n<li data-start=\"1242\" data-end=\"1276\">\n<p data-start=\"1244\" data-end=\"1276\">Holiday Apartments: +1.56%<\/p>\n<\/li>\n<li data-start=\"1277\" data-end=\"1303\">\n<p data-start=\"1279\" data-end=\"1303\">Warehouses: +1.27%<\/p>\n<\/li>\n<li data-start=\"1304\" data-end=\"1354\">\n<p data-start=\"1306\" data-end=\"1354\">Stores: Only category with a drop, at -0.92%<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1356\" data-end=\"1564\">According to KPMG Cyprus\u2019 Christoforos Anagiotos, the data reflects a consistent trend: moderate to strong growth in most areas, with storefront properties lagging behind, a continuation of past quarters.<\/p>\n<h3 data-start=\"1566\" data-end=\"1598\">Larnaca in the Spotlight<\/h3>\n<p data-start=\"1600\" data-end=\"1909\">Anagiotos highlighted Larnaca as a standout performer, noting \u201can overall increase in property values in the city,\u201d especially among offices and residential units. Other districts also posted gains, but at a more moderate pace. Warehouses had smaller increases, while shops continued their slight decline.<\/p>\n<p data-start=\"1911\" data-end=\"2085\">Rents tell a similar story, rising for most property types, but stagnant or falling for retail spaces, suggesting ongoing investor caution in the commercial storefront sector.<\/p>\n<h3 data-start=\"2087\" data-end=\"2127\">Resilience Amid Global Challenges<\/h3>\n<p data-start=\"2129\" data-end=\"2312\">Simon Rubinsohn, Chief Economist at RICS, pointed out that despite global economic instability and geopolitical pressures, Cyprus\u2019 real estate market remains stable and resilient.<\/p>\n<p data-start=\"2314\" data-end=\"2460\">He added, \u201cPrice trends remain generally positive, and while the macroeconomic environment is uncertain, Cyprus\u2019 economy has held up well so far.\u201d<\/p>\n<p data-start=\"2462\" data-end=\"2645\">The quarterly RICS Cyprus Property Price Index is considered a key tool for understanding shifts in the market and is closely watched by investors, developers, and policymakers alike.<\/p>\n<p data-start=\"2462\" data-end=\"2645\"><em data-start=\"274\" data-end=\"297\">Source: Stockwatch.com.cy<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Property prices and rental rates in Cyprus rose again in Q1 2025, according to the latest &#8220;RICS Cyprus Property Price Index with KPMG in Cyprus.&#8221; The data points to strong growth in both sales and rents, especially in Larnaca and across commercial real estate sectors. Sales Prices: Up Across Most Property Types Compared to Q1 [&hellip;]<\/p>","protected":false},"author":9,"featured_media":114723,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/114722"}],"collection":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/comments?post=114722"}],"version-history":[{"count":1,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/114722\/revisions"}],"predecessor-version":[{"id":114724,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/114722\/revisions\/114724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media\/114723"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media?parent=114722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/categories?post=114722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/tags?post=114722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}