According to the latest data from the Cyprus Council for Registration of Real Estate Agents, the total value of property transactions during the first nine months of 2025 reached €3.49 billion. These figures highlight strong market activity and growing investor confidence both domestically and internationally.
Compared to the same period in 2024, the number of sale contracts increased by 13% — 13,173 contracts were registered at the Cyprus Land Registry, up from 11,634 the year before. Although the overall number of property transfers rose by only 0.74%, their total value increased by 12.6%, confirming that the market is entering a phase of qualitative growth and strategic investment.
Economic Stability and Investor Confidence
The President of the Real Estate Agents Council, Marinos Kineyirou, emphasized that the January–September 2025 figures confirm the sector’s steady development. According to him, the double-digit increase in the number of transactions reflects strong demand — from both Cypriots and foreign buyers.
Kineyirou added that the rise in total transaction value to nearly €3.5 billion shows an inflow of high-level investment. He noted that 2025 is likely to become another successful year for the Cyprus real estate market, strengthening the country’s reputation as a reliable and attractive investment destination in Europe.
Limassol Remains the Market’s “Locomotive”
Limassol once again confirmed its status as Cyprus’s real estate powerhouse. It ranked first in total transaction value, which reached €1.3 billion — about 37% of all nationwide transactions. The region recorded 4,156 sale contracts, a 13% increase year-on-year.
Limassol remains the top magnet for investments — in both luxury residential and commercial real estate, including high value-added projects.
Nicosia and Larnaca Strengthen Their Positions
The capital city recorded a record number of property transfers — 4,293, and ranked second in sale contracts (2,991). The total transaction value reached €812.8 million, with a 15% increase in sale contracts compared to the same period in 2024.
Demand in Nicosia is driven mainly by local buyers seeking permanent housing, highlighting the market’s internal stability.
Larnaca is also showing strong performance, with 2,869 sale contracts and 2,789 transfers. The total value of transactions reached €503.6 million, with 15% growth, reflecting rising buyer confidence and increased activity in suburban areas.
Paphos and Free Famagusta Areas Remain Attractive to Investors
Paphos continues to be a favored destination for foreign investors, especially in residential and tourism-oriented real estate. Over the first nine months of 2025, the region recorded 2,568 property transfers and 2,531 sale contracts, totaling €708.3 million. These figures indicate balanced and stable demand.
The free areas of Famagusta show moderate but steady growth: 792 transfers and a total transaction value of €158.3 million. A 10% increase in sale contracts reflects ongoing investor interest, especially from the tourism and hotel sectors.
Outlook: Cyprus to Strengthen Its Leadership in 2025
Analysts note that the current market dynamics confirm the resilience and strategic appeal of Cypriot real estate. Rising transaction volumes, increasing property values, and active investor participation make Cyprus one of the most stable markets in the Mediterranean.
A combination of moderate taxation, a stable economy, and high quality of life continues to attract investors from Europe, the Middle East, and Asia. All this positions 2025 as another highly successful year for Cyprus’s real estate market, further strengthening the country’s status as a European hub for property and investment.