Ask Wire, the leading real estate analytics platform leveraging technology to track property prices, transactions, and construction trends across Cyprus, has released its Q4 2024 edition of the Ask Wire Index for property sale and rental values. Covering all districts and property types with data spanning back to Q4 2009, the Index provides an essential tool for informed decision-making in the real estate market.
The Q4 2024 Index reveals varied trends in property values across Cyprus. Annual sale price changes indicate growth in specific segments, with apartment values rising by 1.3% and holiday apartments by 0.9%. However, other property categories recorded declines: warehouses fell by 2.3%, retail spaces by 1.7%, and houses, offices and holiday villas by 0.3%, 0.2% and 0.6%,…