As detached houses and properties in Paphos become increasingly unaffordable, Larnaca and Nicosia remain Cyprus’s main strongholds of affordable housing and steady buyer demand.
A new study by Geoaxis highlights a notable trend: for the first time in years, resale properties are appreciating faster than new-build homes on an annual basis. This is pushing housing prices in Athens towards new record highs and prompting investors to rethink their strategies, with a growing focus on high-quality renovations.