The Property Price Index represents an important initiative aimed at supporting a more informed and data-driven property sector. By tracking property price movements, transaction activity, and changes in overalltransaction value,the Index provides valuable information on the evolution of the Cyprus real estate market and contributes to a clearer understanding of market conditions for investors, professionals, financial institutions, developers, property owners, and other stakeholders.

The Index is based on recorded property transactions and measures changes in residential property prices, sales activity, and transactionvalue over time. Prices are analysed on a per-square-metre basis using median values, providing a more reliable indication of typical market conditions. Results are designed to identify market trends and should be interpreted alongside transaction volumes and changes in the type and characteristics of properties sold.

The Property Price Index will be published quarterly, providing regular updates on market performance and enabling market participants to monitor developments, emerging trends, and changes in residential property conditions across Cyprus.

The first publication of the Index presents an initial analysis of the Ypsonas residential property market in Limassol for Q1 2026, comparing registered property transactions against the same period in 2025. The findings highlight continued market growth, with positive movements recorded in prices, sales activity, and overall transaction value.

Key findings from the first publication show continued growth in the residential property market, with positive trends across prices, demand, and overall transaction value. Apartment prices increased by 5% year-on-year, while house prices rose by 2%. Apartment demand remained strong, with transactions increasing by 20%, while house activity remained stable within a smaller market segment. Average transaction tickets also increased, with apartments rising by 11.8% and houses by 4.5%. Overall, the residential market recorded a 17% increase in total transaction value, driven mainly by strong apartment performance.

These findings indicate that the Cyprus residential market continues to demonstrate resilience, with sustained buyer demand, particularly within the apartment sector, supporting both price growth and increased transaction activity. The results also highlight the importance of considering both price movements and market activity when assessing real estate performance.

The Property Price Index is designed to serve as a valuable reference point for investors, lenders, developers, valuation professionals, property owners, and other market participants. It supports investment analysis, lending decisions, valuation considerations, market planning, and strategic decision-making by providing access to consistent and reliable market information.

Through the continued publication of the Property Price Index, Demos Georgiou & Associates LLC aims to contribute to a more transparent, informed, and resilient Cyprus real estate market. By providing independent market intelligence and tracking ongoing developments, the Index will help stakeholders better understand opportunities, risks, and trends shaping the future of the property sector.