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The average interest rate on new loans for house purchase in Cyprus fell to 3.88% in September 2026 from 4.16% in August, the Central Bank of Cyprus (CBC) reported on 3 November. Pure new housing loans rose to €135.1 million from €114.4 million.
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Tourists spent €562.0 million in Cyprus in August 2026, 3.4% less than a year earlier, according to the Statistical Service of Cyprus (CYSTAT). Revenue for January–August was €2,319.8 million, 6.2% below 2025.
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Average gross monthly earnings in Cyprus reached €2,548 in the second quarter of 2026, 3.0% more than a year earlier, the Statistical Service of Cyprus (CYSTAT) reported on 26 October. In the same quarter its House Price Index was 7.9% higher than a year before.
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Cyprus received 580,889 tourists in September 2026, 1.8% more than a year earlier, according to the Statistical Service of Cyprus (CYSTAT). For January–September, arrivals totalled 3.40 million, 5.6% fewer than in 2025. The year-to-date fall was 7.0% after August, so the gap has narrowed.
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Building permits issued in Cyprus in January–June 2026 provide for 11,100 dwellings, 67.8% more than in the same period of 2025, according to the Statistical Service of Cyprus (CYSTAT). The number of permits rose 29.5% to 4,401, and their total value rose 48.2% to €2.57 billion.
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Department of Lands and Surveys: 1,681 contracts of sale in September 2026 (+13%) and 14,969 in January–September (+14%). Larnaca led September growth; Famagusta fell.
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The prices charged for construction work in Cyprus rose 4.9% in the second quarter of 2026 from a year earlier, while construction output grew 1.1% in volume terms. CYSTAT released the figures on 9 October. For buyers considering an unfinished home, the gap is a reason to examine project budgets and contract terms rather than assume a corresponding rise in apartment prices.
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The Central Bank of Cyprus reported on 5 October that the weighted average rate for housing loans with a floating rate or an initial fixed period of up to one year was 4.16% in August 2026, up from 3.78% in July. Pure new loans for home purchase fell from €149.5 million to €114.4 million over the same months. Both are monthly comparisons, not year-on-year changes.
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The Central Bank of Cyprus says residential prices increased 8.5% year on year and 2.4% quarter on quarter in Q2 2026, while deposited sale contracts rose 15.4%. Foreign demand remained the main driver.
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