KPMG in Cyprus has announced that the 'RICS Cyprus Property Price Index with KPMG in Cyprus' has been issued for the third quarter of 2025, showing Limassol maintaining a lead with strong growth in specefic sectors.
More specefically, on behalf of KPMG in Cyprus, Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group, stated, “In Q3 2025, Cyprus’s property market showed mixed movements across asset categories and districts. Limassol led with strong growth in Warehouses and Apartments, while Nicosia, Paphos, and Famagusta saw stable trends with modest gains in residential assets. Larnaca remained mostly flat, except for a slight increase in office values. Year-on-year, Apartments and Houses are showing the highest price increases, whereas Retail continued to underperform.
Rental values rose modestly, with Apartments leading and Houses following. Other sectors, including Retail, Warehouses, and Offices, showed minimal changes. Overall, the quarter reflects a resilient residential sector, especially in Apartments, while commercial assets limited drive, highlighting a careful but steady market environment.”
On behalf of RICS, Simon Rubinsohn, RICS Chief Economist, commented, “The generally solid performance from the Cypriot economy is continuing to underpin the real estate market as highlighted by the Q3 RICS Cyprus Property Price Index with KMPG in Cyprus. Economic growth remains solid, employment is hitting record levels and inflation remains very subdued. Critically, tourism continues to be one of the fastest-growing parts of the economy with arrivals hitting historical highs over the summer months.”
The publications can be found on the RICS website https://www.rics.org/news-insights/market-surveys/cyprus-property-price-index
