Homeownership in Cyprus Slightly Below EU Average in 2023

Homeownership in Cyprus Slightly Below EU Average in 2023

Eurostat Report Highlights Housing Trends Across EU Member States

In 2023, 68.8% of Cypriot citizens lived in owner-occupied homes, slightly below the European Union average of 69.2%, according to data released by Eurostat, the EU's statistical office.

During the same period, 31.2% of Cypriots resided in rented accommodations, slightly higher than the EU average of 30.8%.

The highest rates of homeownership among EU member states in 2023 were recorded in:

  • Romania (95.6%)

  • Slovakia (93.6%)

  • Croatia (91.2%)

In contrast, the lowest rates were observed in:

  • Germany (47.6%)

  • Austria (54.3%)

  • Denmark (60.0%)

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