Positive Movement in Lending Market

According to the latest data from the Central Bank of Cyprus, the average interest rate on new housing loans dropped to 3.78% in April 2025, down from 4.56% in March. This decrease makes mortgages more attractive and affordable for both local residents and foreign investors.

Improved Housing Accessibility

The lower interest rates reduce monthly loan repayments, helping more people gain access to property ownership. This is particularly important amid growing interest in Cyprus’ real estate market, especially in coastal cities.

Outlook for the Second Half of 2025

Analysts suggest this trend may continue into the second half of the year, supported by stable monetary policy, EU financial backing, and Cyprus’ increasing appeal as a property investment destination.