Cyprus · CYP · snapshot 2026-08-16
Cyprus
Measured
Currency movement
Not measured
This market's currency is the euro, so there is no euro reference rate for it and no entry window to state.
Foreign-buyer rules
2 of 2 published rules apply
These are the restrictions a foreign buyer meets before price is even discussed — approval regimes, surcharges, ownership limits.
What it does not show. It is not a completeness claim. A rule we have not read is not a rule that does not exist, and this row counts what is cited, not what is in force.
Cost of money
2.25%
The price of money to banks across the euro area, set by the European Central Bank rather than by anything in this country. It sets the floor everything else is priced from, and it is identical in every member state.
What it does not show. It is not a mortgage quote, and it is not a fact that distinguishes this market from any other euro-area member — the rate is the same in all of them, so it can never be the reason to prefer one over another. What differs between them is what a bank adds on top, which this does not measure. What a non-resident is offered is a different number again, usually much higher.
Supply against absorption
Not measured
No statistics agency for this market has been read and cleared for republication.
Residential price cycle
Not measured
The OECD house-price dataset does not carry Cyprus.
Valuation against its own history
Not measured
The OECD house-price dataset does not carry Cyprus.
On the market now
Not measured
No listings platform has been read for this market. The one platform this site can read covers Russian cities only, and inventing a count for anywhere else would be worse than an empty row.
No dossier has been written for this market yet. What follows is the measured layers and the rules, each with its source — not an argument about whether to be here. A market reaches this page as soon as two layers can be cited, because an unwritten thesis is a reason to publish less, not a reason to publish nothing.
The series behind those figures, and the workings
Cost of money
2.25%
Central bank policy rate, 2026-07. Source: Bank for International Settlements.
This is the price of money to banks, not the price of money to a non-resident buying a building. The gap between those two is where a market’s financing story actually lives, and it is not in this number. A mortgage quote for a foreign buyer depends on the lender, the asset and the borrower, and no public dataset carries it.
BIS terms permit this figure on a free page and state that nothing in their statistics constitutes investment advice. They also allow inclusion in a commercial product only where it adds no charge, so this series is published here and is not priced into any paid work.
Background
Annual national statistics from the World Bank, under a licence that permits reuse with attribution. They describe the country; they do not time an entry, and they are not counted as measurements of this market — otherwise every territory on earth would claim to be measured on the strength of one dataset.
| Indicator | Value | Year |
|---|---|---|
| GDP per capita | 41,783 US$ | 2025 |
| Consumer price inflation | 0.1 % | 2025 |
| Population | 1,370,754 | 2025 |
| Urban population | 66.7 % of total | 2025 |
| Official exchange rate | 0.8850 per US$ | 2025 |
What the rules do to a foreign buyer
Each entry cites the instrument and the authority page it was read from, with the date it was retrieved. Facts of law change; the retrieval date is how you know how old this reading is.
| Topic | In force | When it bites | Applies to | What applies | Instrument | Read on |
|---|---|---|---|---|---|---|
| Permission of the Council of Ministers, and who needs it | In forceNot stated by the source | On the way in | All property | No alien shall acquire, otherwise than mortis causa, any immovable property without the permit of the Council of Ministers first obtained. The definition of "alien" is where an EU buyer can be caught: it excludes a citizen of a Member State who has permanent residence within the Republic, and excludes a citizen of a Member State who is not a permanent resident only "in the case of acquisition of immovable property other than a secondary residence". A non-resident EU citizen buying a second home is therefore inside the restriction, while the same person buying a primary home is not. | The Immovable Property Acquisition (Aliens) Law, Cap. 109, s. 3(1) with the definition of "alien" in s. 2. Read from the English text published by the Office of the Law Commissioner. | 2026-08-16 |
| A signed contract is not a right to acquire | In forceNot stated by the source | On the way in | All property | A valid contract or agreement, written or oral, providing for the acquisition of immovable property by an alien shall not confer upon that alien any right to acquire the property, except only upon the grant of the Council of Ministers' permit. Separately, where the acquisition exceeds the extent necessary for the erection of premises for a house or professional roof, and in any case exceeds the extent of two donums, any permit granted is subject to such terms, limitations, conditions and criteria as may be set by Regulations made by the Council of Ministers and approved by the House of Representatives. | The Immovable Property Acquisition (Aliens) Law, Cap. 109, ss. 3(1A) and 3(3). | 2026-08-16 |
What is missing, and why
currency — Source does not cover this market
The dataset simply does not include this territory. Absent, not zero.
This market's currency is the euro, so there is no euro reference rate for it and no entry window to state.
valuation — Source does not cover this market
The dataset simply does not include this territory. Absent, not zero.
The OECD house-price dataset does not carry Cyprus.
supply — Source does not cover this market
The dataset simply does not include this territory. Absent, not zero.
No statistics agency for this market has been read and cleared for republication.
What supports this, what would make it wrong, and how it could go
Record
| Why this market is on the list | Added when its foreign-buyer rules were read from the official English text of the law. Cyprus is a euro-area member, so the cost-of-money layer is the ECB's shared rate and there is no currency layer; the OECD house-price dataset does not carry it. The friction layer is what makes this market measured. |
|---|---|
| Dossier | None written. Layers and rules only, which is why this market reads as “Measured” rather than reviewed. |
| Next review | 2026-11-15 |
| Evidence snapshot | 2026-08-16 |