Fresh Eurostat data show that in the second quarter of 2026, residential property prices in Cyprus continued to rise faster than rental rates. Compared with the average level of 2025, house prices in Cyprus increased by 5.46%, while rents rose by 4.05%. This means that buying property is becoming more expensive at a faster pace than renting apartments and houses.
For comparison, across the EU over the same period:
- house prices increased by 4.1%;
- rents rose by 2.6%.
Cyprus was above the EU average in both categories.
How the housing market changed across the EU
Compared with the second quarter of 2025, house prices in the EU increased by 4.7%, while rents rose by 3%. Quarter-on-quarter growth amounted to 1.2% for house prices and 0.7% for rents. In other words, the EU property market continued to become more expensive overall, but purchase prices rose faster than rental rates.
In all 18 EU countries for which data are available, house prices increased faster than rents. The strongest growth in property prices was recorded in Bulgaria at 14.3%, Portugal at 14.2% and Lithuania at 12.8%. Prices declined only in Finland and France.
Rents, by contrast, increased in all EU countries. The strongest growth was recorded in Romania at 41.2%, Croatia at 22.1% and Slovenia at 10.2%. The smallest increases in rental rates were recorded in Estonia, Finland and Luxembourg.
What these figures mean for buyers and tenants in Cyprus
The statistics show that the cost of buying a home in Cyprus is increasing faster than the cost of renting. This is important both for people planning to buy their own home and for investors considering property for rental purposes. At the same time, Eurostat’s figures reflect price trends rather than absolute price levels. They do not show the average cost of buying or renting an apartment in a specific city or area of Cyprus.
The House Price Index includes both new and existing residential properties purchased by households. Therefore, figures for individual cities, districts and property types may differ significantly from the overall national trend.