LIFE REALTY, a company actively engaged in property sales in Limassol and Paphos, in collaboration with the valuation firm Demos Georgiou & Associates LLC, is pleased to announce the official launch of the Property Price Index, a new market intelligence tool designed to provide greater transparency, insight, and understanding of developments within the Cyprus real estate market.
What the Property Price Index is
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 overall transaction 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 transaction value 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.
Q1 2026 findings: Ypsonas, Limassol
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.
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.
Key findings from the first publication show continued growth in the residential property market, with positive trends across prices, demand, and overall transaction value.
Price movements
| Indicator | Q1 2026 vs Q1 2025 | Area |
|---|---|---|
| Apartment prices | +5% | Ypsonas, Limassol |
| House prices | +2% | Ypsonas, Limassol |
Market activity
| Indicator | Q1 2026 vs Q1 2025 | Note |
|---|---|---|
| Apartment transactions | +20% | Sales activity |
| House transactions | Stable | Smaller market segment |
| Average ticket, apartments | +11.8% | Average transaction value |
| Average ticket, houses | +4.5% | Average transaction value |
| Total transaction value | +17% | Apartment-driven |
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.
Why this matters for the market
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.
Frequently Asked Questions
For the full Q1 2026 findings, read the full Property Price Index report.
Life Realty has been helping clients buy, sell, and rent property across Cyprus since 2024, with offices in Limassol and Paphos. Founded by Demos Georgiou, a Chartered Surveyor and RICS member with over 15 years in real estate, the agency manages over 1,000 properties and serves around 200 clients every month. Licensed and registered real estate agency, Licence No. 603/E.
liferealty.cy·Last reviewed: June 2026