Home limassol-today.com (Κύπρος) The Cypriot real estate market maintained its momentum in 2024

The Cypriot real estate market maintained its momentum in 2024

The Cypriot real estate market maintained its momentum in 2024


Despite ongoing global challenges, the real estate market in Cyprus demonstrated remarkable stability. In 2024, record-high transaction values were recorded, reaching €5.71 billion—marking a slight 1% increase compared to 2023. The total number of transactions amounted to 23,900, reflecting a marginal annual decline of 3%.

Nicosia stood out with a 4% increase in transaction volume, while coastal cities saw marginal declines. In terms of transaction value, Limassol remained dominant, accounting for…

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