The year 2025 in Cyprus was marked by major changes and unexpectedly strong final figures and indicators for many observers. While experts were actively debating whether the real estate sector would remain stable at all, the data from the Land Department dispelled all doubts of the skeptics. The total value of properties sold in Cyprus exceeded the 4.7 billion euro mark.
It should be emphasized that this is no longer just a recovery after several crises, but the continuation of a powerful four-year rally: from 13,409 transactions in 2022, the market grew to an impressive 18,114 in 2025. This signals a transition to a stage where the residential sector becomes truly mature and high-value. The total number of contracts by the end of the year was 15% higher than in 2024. At the same time, investors clearly stopped chasing quantity, focusing instead on quality and premium properties.
Regional shift in the balance of power
The Cypriot capital literally entered the top league this year. The total volume of real estate transactions in Nicosia exceeded 1.1 billion euros for the first time in history. Interest in new residential complexes jumped by 17%. The capital has stopped being perceived only as a place for study, work, and public service, turning into a full-fledged center for living and long-term investment.
Meanwhile, the quiet coastal Larnaca continues to maintain its status as the most dynamic region. The number of contracts here increased by as much as 19%. It appears that the presence of the airport and large-scale infrastructure projects have begun to yield results, attracting those seeking a balance between price and growth potential. In total, 3,978 transactions were concluded in Larnaca over the year. Surprisingly, the peak of activity occurred in July, which became the hottest month for the entire island over the past two years — at that time, a record 1,832 transactions were registered nationwide.
Limassol, as before, remains the financial heart of the island. Although the pace of growth in the number of transactions here is slightly calmer — about 11% — the city leads in terms of investment volume. In total, about 1.7 billion euros were invested in Limassol real estate during the year, with 5,563 purchase and sale agreements signed. This remains the main platform for the premium segment.
Dynamics of residential real estate transactions by region
Region | 2024 (transactions) | 2025 (transactions) | Increase |
Limassol | 5 032 | 5 563 | +11% |
Larnaca | 3 356 | 3 978 | +19% |
Nicosia | 3 527 | 4 115 | +17% |
Paphos | 3 107 | 3 567 | +15% |
Famagusta | 775 | 891 | +15% |
Who is driving the market today?
The buyer profile has changed noticeably over the past year. We used to think that the Cyprus market depended entirely on external inflows. But no: 2025 showed a different picture—the market became much more resilient due to a sharp rise in interest from local residents. Although foreign buyer activity in absolute numbers increased by 6%, their share of total volume over the past two years shifted from 45% to 36%.
This is a very healthy trend, says DOM sales department head Alexander Gusev. The fact that the share of transactions with foreigners decreased in percentage terms means only one thing: Cypriots themselves started buying much more housing. The market has become more independent from external events, giving us an excellent safety margin.
In detail, the picture looks like this: 24% of transactions involved citizens of third countries, and 12% Europeans. Paphos remains the most popular destination among expats, where foreign transactions make up a record 60%, although the average transaction value there decreased slightly.
Digital evolution and the work of real estate agencies
As it turned out, client demands are also evolving. The 2025 buyer is someone who does not want to waste time on unnecessary viewings and prefers to study everything in advance through a smartphone screen.
At the DOM agency this trend was noticed early. Over the year, the company increased production of high-quality professional video content and significantly improved property presentation overall. Combined with active advertising, social media development, and continuous expansion of listings, this resulted in an 11% increase in online reach.
We see that buyers want to explore properties virtually before a personal visit. High-quality visual content combined with large-scale promotion and growth in active projects in our database allowed us to achieve a 32% increase in total sales volume over the year. We deliberately focus on more complex and higher-quality cases, as required by the modern market, — continues Alexander Gusev, emphasizing that a comprehensive approach became the key to efficiency.
Cyprus real estate as a “safe haven” for capital
Today we see a market that has matured. Cyprus demonstrates stable internal demand that has finally met projects truly worth their price. More than 18 thousand completed deals during the year and record investment amounts clearly confirm that Cypriot square meters remain one of the most reliable ways to preserve capital.
The island retains its status as a safe haven where every invested euro is supported by real buyer interest. Ahead lies a period of even more thoughtful projects and high-level service, for which market leaders are already fully prepared. What should not be expected is price reduction. The revival of this important economic sector is driven by modern developments and large-scale infrastructure plans of the island state.
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