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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 December 2019 Villas for rooftops in Cyprus up to twenty six million euro

    Expensive homes and apartments for sale in Cyprus are growing and populating.... read more

  • 29 November 2019 Νέα Πολιτική Αδειοδότησης

    Υφιστάμενη κατάσταση read more

  • 27 November 2019 Property Investment is our Specialization

    Lately, we made a lot of sales in the Commercial Sector as very good bargains... read more

  • 27 November 2019 EU Citizenship by Investment in Cyprus Meetings in Cairo Egypt

    First, let me introduce myself, I am the Managing Director of New Zoe... read more

  • 8 November 2019 Small rise in property sales

    October saw a marginal rise in Cyprus property sales compared to the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 December 2019 Villas for rooftops in Cyprus up to twenty six million euro

    Expensive homes and apartments for sale in Cyprus are growing and populating.... read more

  • 29 November 2019 Νέα Πολιτική Αδειοδότησης

    Υφιστάμενη κατάσταση read more

  • 27 November 2019 Property Investment is our Specialization

    Lately, we made a lot of sales in the Commercial Sector as very good bargains... read more

  • 27 November 2019 EU Citizenship by Investment in Cyprus Meetings in Cairo Egypt

    First, let me introduce myself, I am the Managing Director of New Zoe... read more

  • 8 November 2019 Small rise in property sales

    October saw a marginal rise in Cyprus property sales compared to the... read more

The stabilisation of residential property prices continued

The Central Bank of Cyprus has published the Residential Property Price Index for the first quarter of 2016. 

During 2016Q1, the RPPI recorded a marginal decrease (0,8%) compared with the fourth quarter of 2015. House prices showed a quarterly decline of 1,3%, while the apartment prices registered a quarterly increase of 0,6% (Chart 1). The fact that during the last four quarters the RPPI registered either marginal decreases or remained stable, shows the trend for price stabilisation that currently exists in the property market.

On an annual basis, the RPPI recorded a 1,6% decrease compared with an annual decrease of 1,8% in 2015Q4. House prices fell by 1,9% and apartment prices fell by 0,7% on an annual basis, compared with annual reductions of 1,4% and 2,8%, respectively, in 2015Q4. As shown in Chart 2, these annual reductions are on a steady path towards the zero line, meaning that residential property prices are stabilising1.

For complete report please visit http://www.centralbank.gov.cy/nqcontent.cfm?a_id=15421&lang=en

 

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RPPI_EN_2016Q1_.pdf 493.35 Kb .pdf