“The second quarter of 2025 shows modest increases across all sectors, but most notably in Apartments and Houses. Larnaca recorded the highest overall increases, particularly in Houses and Warehouses, while Limassol showed almost flat and/or negative changes. Retail appears to be the least favourable asset, recording minor movements, albeit a strong increase in Larnaca," Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group has said.
He was speaking on behalf of KPMG in Cyprus following the publication of the 'RICS Cyprus Property Price Index with KPMG in Cyprus' for the second quarter of 2025.
Anayiotis also said, "Rental values once again showed modest increases, led by Apartments, while Retail recorded a minor decrease, continuing the trend of previous quarters. Overall, the Index shows a tendency towards stabilisation, exhibiting minor increases in both sale and rental values, and this is further strengthened by minor and/or flat movements in property yields”.
On behalf of RICS, Simon Rubinsohn, RICS Chief Economist, commented, “Economic news flow generally remains solid helping to underpin the real estate market. This is visible in the latest results from the RICS Cyprus Property Price Index with KPMG in Cyprus and also the Q2 RICS Commercial Property Monitor which captures sentiment on the island. Significantly, the latter is suggesting that the trend in investor enquiries remains on a positive trajectory”.
