October 2026 at a Glance

House Prices and Trends

City-level transaction prices for Limassol are not released as open data, so the national index for Cyprus serves as the benchmark here. Read local listings against that backdrop.

The national house price index for Cyprus rose 7.9% year on year in Q2 2026 and was +2.4% against the previous quarter, according to Eurostat, House price index (prc_hpi_q). A year earlier the annual rate was +2.9%, so growth has picked up over twelve months. The quarter-on-quarter reading confirms the acceleration rather than a base effect.

House price index, % change year on yearQ3 2024+7.5%Q4 2024+4.5%Q1 2025+4.7%Q2 2025+2.9%Q3 2025+4.2%Q4 2025+6.0%Q1 2026+3.4%Q2 2026+7.9%

Financing and Interest Rates

The European Central Bank’s policy rate was 2.50% in September 2026 (BIS, Central bank policy rates). That is a rise of 0.25 points from 2.25% the month before. Rates are 0.50 points higher than a year ago, which raises the cost of borrowing and tends to cool price growth with a lag of two to four quarters. The average rate on new mortgages to households in Cyprus was 3.39% in August 2026 (ECB, Bank interest rates — loans to households for house purchase (MIR)), compared with 3.34% a year earlier.

Limassol in the News

• Cyprus Business Now: Wizz Air, inflation, tourism, Limassol startup, real estate – Cyprus Mail (Cyprus Mail, 3 Oct 2026)
• Cyprus warned against spread of Limassol development model — Cyprus Mail – UA.NEWS (UA.NEWS, 20 Sep 2026)
• AMANI aims to redefine residential living in Limassol – Cyprus Mail (Cyprus Mail, 27 Aug 2026)
• Amby unveils AMANI residential development in Limassol – Cyprus Inform (Cyprus Inform, 27 Aug 2026)
• Cyprus property sees 13,288 sales in 8 months; Larnaca jumps 35% in August as Limassol slips – Cyprus Mail (Cyprus Mail, 8 Sep 2026)

Reading the Trend

What to watch next month

• The next quarterly release of the house price index for Cyprus (Q2 2026 is the latest) — whether annual growth keeps accelerating.
• Upcoming decisions by the European Central Bank — any move from 2.50% feeds through to mortgage pricing within weeks.

What This Means for Buyers, Sellers and Investors

Sources

• Eurostat, House price index (prc_hpi_q)
• BIS, Central bank policy rates
• ECB, Bank interest rates — loans to households for house purchase (MIR)
• Headlines via Google News RSS; content belongs to the linked publishers.

Previous edition: Limassol Real Estate Market Report — September 2026

Cover photo: Skyscrapers in Limassol by Στέφανος Νικολάου via Wikimedia Commons, CC BY-SA 4.0.

Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.