According to recent Eurostat data, Cyprus will retain its status as a country where the majority of residents own their own homes in 2025. Statistics show that 69.4% of residents own their own homes , while the share of renters is 30.6% .
Cyprus’s figures were slightly higher than the European Union average, where the owner-occupier rate was 68% and the renter rate was 32 % . By comparison, the EU’s residential property ownership rate stood at 69% in 2024 , indicating a slight shift in market preferences toward renting across the Union.
The distribution of ownership shares varies significantly depending on the specific region of Europe:
- Leaders in residential property ownership. Eastern EU member states traditionally demonstrate the highest rates. Romania took first place with an impressive rate of 94% . Slovakia ( 93% ) and Hungary ( 92% ) follow . In these countries, purchasing one-, two- , or three-bedroom residential property is an absolute priority for the population.
- Predominance of rental. Only in a few countries does renting continue to dominate residential property ownership . This trend is most pronounced in Germany, where 53% of the population rents. In Austria, this figure is 46% , and in Denmark, 39% .
Data confirms that, despite global economic changes, the Cypriot market maintains a strong commitment to homeownership. Whether it’s compact one-bedroom residential properties or spacious three-bedroom units, homeownership remains the primary residence model in this Mediterranean region .
