Cyprus Business Now: real estate market, Eurobank, Stelios awards, renewables

Paphos has emerged as the strongest performer for high-end houses in Cyprus’ residential property market, according to a report released on Monday by Landbank Analytics.

The report showed that average house prices surged 16.9 per cent year-on-year in Paphos, climbing from €593,000 in the first quarter of 2024 to €693,000 in the same period of 2025.

The strong performance is fuelled by sustained demand from international buyers seeking premium properties,