Cyprus: housing

Are house prices rising in Cyprus?

House prices in Cyprus were 7.9% higher in the second quarter of 2026 than a year earlier, according to a preliminary House Price Index estimate published by CYSTAT on 30 September 2026. Prices rose 2.4% on the first quarter of 2026. The index stood at 105.46 (2025 = 100).

The index tracks prices of dwellings bought by households, both new and existing, using data from the Department of Lands and Surveys. Eurostat publishes the same series for comparison with other EU countries. Preliminary estimates can be revised.

Official sources: CYSTAT: House Price Index, Q2 2026 (PDF) · Eurostat: House price index, quarterly

How many new homes are being built in Cyprus?

4,401 building permits were issued in Cyprus in January to June 2026, 29.5% more than a year earlier, according to CYSTAT on 5 October 2026. The number of dwelling units they provide for rose 67.8%. In June 2026 alone, 751 permits covered 2,122 dwelling units with a total value of €469.5 million.

Permits show planned construction, not completed homes, and some permitted projects are delayed or never built. CYSTAT publishes permits monthly, about three months after the reference month.

Official sources: CYSTAT: Building Permits, June 2026 (PDF)

What share of people in Cyprus own their home?

69.2% of people in Cyprus lived in a home owned by their household in 2025, according to Eurostat, based on the EU Survey on Income and Living Conditions run in Cyprus by CYSTAT. The remaining 30.8% were tenants paying market or reduced rent, or living rent-free.

The figure counts people, not dwellings, and includes owners with and without a mortgage. Changes in rents paid are included in the actual rentals component of CYSTAT's consumer price index.

Official sources: Eurostat: Distribution of population by tenure status

How many people in Cyprus live in cities?

The latest figure from the UN Population Division, for 2025, is 66.7%. Its high point since 2005 was 2005, at 68.4%; its low point was 2022, at 66.7%. Europe & Central Asia median: 69.6%; Cyprus is 30th highest of 52. World rank, highest first: 83rd of 193.

How many people in Cyprus live in slums?

In 2022, the share of city dwellers living in slums in Cyprus was 0.3%, according to UN-Habitat. Its high point since 2006 was 2016, at 0.3%; its low point was 2006, at 0.2%. It is 23rd highest of 43 in Europe & Central Asia, where the median is 0.3%. World rank, highest first: 141st of 170.

What is the electricity access rate in Cyprus?

100.0%: that is the share of people with access to electricity in Cyprus for 2024, according to the World Bank. It has not changed since 2005. Europe & Central Asia median: 100.0%; Cyprus is 1st highest of 52. Worldwide: 1st of 193.

How many people in Cyprus have clean water?

According to WHO and UNICEF, the share of people using safely managed drinking water in Cyprus was 99.7% in 2024. The peak was 99.7% in 2021 and the low 96.7% in 2005. It is 11th highest of 51 in Europe & Central Asia, where the median is 96.7%. World rank, highest first: 15th of 134.

What share of people in Cyprus have safe sanitation?

The latest figure from WHO and UNICEF, for 2024, is 77.0%. It is the top of the series, which starts in 2005. Europe & Central Asia median: 90.2%; Cyprus is 34th highest of 45. Of 134 countries with 2024 data, 52nd highest.

How many people in Cyprus cook with wood or charcoal?

The WHO puts the share of people using clean cooking fuels in Cyprus at 99.0% in 2024. No year since 2005 has been higher. Across Europe & Central Asia the middle value was 99.0%, and Cyprus placed 21st highest of 51. Of 192 countries with 2024 data, 45th highest.