Two people, a 19-year-old man and a 20-year-old woman, have been arrested in connection with the incident.
Vasilis Stylianou, 76, had been in intensive care at Limassol General Hospital following the traffic incident on Sunday morning on Vasilios Georgiou A Street in Germasogia.
The pensioner was hit by a car, being driven by a 19-year-old driver and his 20-year-old co-passenger, as he was crossing the road.
He was rushed to hospital where doctors say he died at around 2am on Monday morning.
The 19-year-old man and the 20-year-old woman have both been arrested after it emerged that the 19-year-old did not have a driving license and insurance. The 20-year-old woman has been charged with giving a false testimony.
The car belongs to the 20-year-old woman.
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