Larnaca Leads: Apartment Values Rise 5.59 Percent in a Single Quarter

Cyprus Mail
September 2026
Larnaca

In September 2026 the Cyprus Mail published the second quarter figures for the Cypriot property market. Larnaca led it: apartment values in the district rose 5.59 percent in a single quarter, well ahead of every other part of the island.

Nationally, apartments were the strongest category with an annual rise of 5.42 percent, followed by warehouses at 4.22 percent and houses at 4.04 percent. Retail lagged at 0.66 percent. Holiday property showed its own strength in Larnaca, where holiday apartments rose 3.85 percent in the quarter.

Apartment rents rose 7.36 percent over the year, while yields held broadly steady.

The last line is the one worth reading twice. Rents rising while yields hold means values and income are climbing together rather than one at the expense of the other, which is what a market looks like when demand is real.

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