The price index for the purchase and rental of real estate in Cyprus for the 3rd quarter of 2024 from RICS/KPMG has been published.
Dynamics of real estate prices (from the 3rd quarter of 2023 to the 3rd quarter of 2024)
- Apartments: +4.93%
- At home: +1.38%
- Commercial premises: -0,72%
- Warehouses: +0.57%
- Offices +1.35%
- Holiday apartments: +1.75%
- Holiday homes: +1.00%
Rental price dynamics (from the 3rd quarter of 2023 to the 3rd quarter of 2024)
- Apartments: +10.57%
- At home: +9.55%
- Commercial premises: -0,98%
- Warehouses: +1.82%
- Offices +5.53%
- Holiday apartments: +7.44%
- Holiday homes: +6.45%
Rental yield (from the 3rd quarter of 2023 to the 3rd quarter of 2024)
- Apartments: -0,15%
- At home: +0.07%
- Retail trade: -0,07%
- Warehouse: +0.03%
- Office: +0.19%
- Holiday Apartments: -0,11%
- Holiday homes: +0.04%
Source: Cyprus Property News
