Cyprus Short-Term Rental Market Review 2025: Revenue, Occupancy & Supply Growth
Cyprus Short-Term Rental Market Overview 2025
Number of Airbnb Listings Changes in Cyprus 2025
Which markets are experiencing rapid saturation?
A key consideration when entering a new short-term rental market is assessing whether it may become oversaturated. To evaluate this, we analyze the year-over-year supply change in Airbnb listings. The national average YoY supply change in Cyprus was 23.94% in 2025, indicating the overall growth trajectory of the market.
Markets with Largest Absolute Supply Increases in Cyprus
In absolute terms, Iskele experienced the largest increase with +306 new listings added in 2025. This was followed by Larnaca (+298 listings) and Paphos (+278 listings).
Markets with Fastest Relative Growth in Cyprus
In relative terms, Iskele experienced the most significant growth, with 29.12% more supply added over the 12-month period in 2025. Other rapidly expanding markets include Larnaca (+28.75%) and Paphos (+25.16%).
Short-Term Rental Revenue Trend in Cyprus 2025, and Future Outlook for 2026
Does increased supply necessarily indicate market saturation?
To assess market saturation, we examine year-over-year revenue trends. A decline in revenue per listing typically indicates heightened competition and potential oversaturation. The Cyprus average YoY change in revenue was 20.55% in 2025, representing an increase from $28,062 in 2024 to €31,460 in 2025.
Top Markets Revenue Performance
Iskele
Larnaca
Paphos
For more detailed revenue YoY change analysis by market, access the Airbtics dashboard to explore specific market performance metrics.
Easiest Markets for Hosts in Cyprus 2025
Markets with high occupancy rates provide hosts with greater booking consistency, while markets with high booking volumes offer expanded opportunities across various property types and sizes.
Highest Occupancy Rate Markets in Cyprus 2025
Paphos recorded a year-round occupancy rate of 78.00%, which is among the highest in Cyprus. This was followed by Iskele (75.00%) and Larnaca (75.00%).
Highest Booking Volume Market in Cyprus 2025
Markets with high booking volumes present additional advantages, as they offer diverse opportunities across various property types and price points. The market that recorded the highest booking volume in Cyprus is Paphos, with approximately 394,878 nights booked in 2025.
Regulatory Landscape
We define a professionalized or strictly regulated market as one where over 50% of active Airbnb listings hold valid license information, indicating consistent enforcement and higher compliance. Markets below this threshold are considered unregulated or lenient.
In Cyprus, 0 out of 4 markets fall into the professionalized / strict regulation category. For detailed license compliance data and market-specific regulatory insights, the Airbtics dashboard provides the percentage of listings with valid licenses for each market, enabling investors to assess regulatory risk at a granular level.
Which Cyprus Markets Are Growing Healthily vs Overheating?
Understanding market saturation requires looking at both supply growth and revenue trends together. Markets are categorized by comparing their YoY supply and revenue changes against Cyprus's national averages. Markets where supply is growing faster than revenue (relative to national averages) may be approaching saturation, while markets with below-average supply growth but above-average revenue growth may present hidden opportunities.
Benchmark: Markets are categorized relative to Cyprus's national averages (Supply: 23.9%, Revenue: 20.6%). Markets above the national average are marked with ↑, while those below are marked with ↓.
Healthy Growth
Supply > avg, Revenue > avg
Expansion with demand keeping up
- Paphos Supply: +25.2% | Revenue: +26.9%
Early Saturation
Supply > avg, Revenue ≤ avg
Competition rising
- Iskele Supply: +29.1% | Revenue: +15.4%
- Larnaca Supply: +28.8% | Revenue: +17.0%
Under-the-Radar
Supply ≤ avg, Revenue > avg
Hidden opportunities
- Protaras Supply: +12.7% | Revenue: +22.9%
Declining
Supply ≤ avg, Revenue ≤ avg
Risky markets
- No markets in this category
For the latest updates of the market data in Cyprus, check out our Best Airbnb Markets in Cyprus.
All metrics are calculated using active short-term rental listings tracked weekly by Airbtics. Revenue, occupancy rate, ADR, and supply growth are estimated from historical booking calendars, listing activity, and proprietary aggregation models.
Source: Airbtics
Learn data methodology →
Cite this report
Airbtics (2026). Cyprus Short-Term Rental Market Review 2025: Revenue, Occupancy & Supply Growth. https://airbtics.com/short-term-rental-market-report-2025-cyprus
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