According to the tHPI for June 2014, prices increased in Protaras by a significant 36% from €122 last year to €166 this one.

There was also a price increase in Ayia Napa, but by only 1% with an average price of €139 this year compared to €137 last year.

The drop in the Coral Bay area was 10% falling from €153 in 2013 to €137 this year. In the rest of Paphos, there was an even bigger price decrease, 20%, from €136 last year to €109 this one.

The 4% average decrease represents a reduction from €113 in June 2013 to €109 this month.

Prices in Greece increased an average 21% including a whopping 95% increase in Imerovigli, a village on the island of Santorini, adjacent to the north of the island capital Fira. Imerovigli is mostly famous for its beautiful sunset. However, accommodation prices in Turkey fell 15%.

Source: InCyprus