The Cyprus property market maintained positive momentum in August 2026. According to the latest data from the Department of Lands and Surveys, 1,241 sale agreements were concluded across the country during the month, compared with 1,128 a year earlier. This means that the number of transactions increased by 10% year on year.
Growth was recorded in three of the five districts. Larnaca showed the strongest momentum, while Limassol, despite a decline in August, remained the island’s largest property market. In August, transactions were distributed as follows: 395 agreements in Limassol, 299 in Larnaca, 267 in Paphos, 225 in Nicosia and 55 in the government-controlled areas of Famagusta.
Larnaca led in growth
Larnaca recorded the highest annual increase in August. A total of 299 agreements were concluded, compared with 221 in August 2025. This represents growth of 35%.
Paphos also delivered a strong result, with 267 transactions compared with 223 a year earlier, corresponding to growth of 20%. In Nicosia, the number of agreements increased by 8% to 225, compared with 208 in August 2025.
At the other end of the ranking were the government-controlled areas of Famagusta, down 8% with 55 agreements compared with 60 a year earlier, and Limassol, down 5% with 395 transactions compared with 416 in August 2025. Despite the monthly decline, Limassol comfortably retained first place by number of transactions.
More than 13,000 properties sold in 8 months
From January to August, 13,288 sale agreements were registered in Cyprus, compared with 11,689 in 2025. This represents annual growth of around 14%. Limassol continues to be the main centre of the market. Between January and August, 4,354 sale transactions were completed there, compared with 3,720 during the same period in 2025. This corresponds to growth of around 17%.
In Paphos, 2,654 transactions were registered over the first 8 months, compared with 2,218 a year earlier — one of the highest growth rates among the districts, at around 19.7%. Nicosia accounted for 2,789 agreements compared with 2,640 a year earlier, while the government-controlled areas of Famagusta recorded 593 compared with 547.
In Larnaca, 2,898 agreements were registered during the first 8 months of 2026, compared with 2,564 a year earlier. Growth amounted to around 13%.
What this means for the Cyprus property market
The August statistics confirm that interest in Cyprus property remains high. Despite seasonal declines in activity in some districts, the overall volume of transactions continues to grow.
Limassol, Larnaca and Paphos stand out as particularly strong markets in 2026. Limassol retains its lead in the number of transactions, Larnaca is showing strong growth rates, while Paphos has recorded the fastest cumulative increase among the districts.