Eleven teams participated in the 1994–95 Cypriot Second Division. The league consisted of three rounds with ten match weeks in each round. In the first two rounds all teams played against each other twice, once at their home and once away. The home teams for the third round matches were determined based on their league table position after the end of the second round. The team with the most points at the end of the season crowned champions. The first two teams were promoted to
1995–96 Cypriot First Division. No team was relegated to the
1995–96 Cypriot Third Division. ==Changes from previous season==