The Cyprus property market continues to grow. From January through September 2026, 14,969 property sale contracts were registered on the island. During the same period in 2025, the figure stood at 13,173, representing growth of 14%. In September, activity remained strong across all three main groups of buyers: Cypriot citizens, EU citizens and buyers from third countries.
Who bought property in Cyprus in September
Cypriot citizens remained the largest group of buyers. In September, they completed 976 transactions, or 58.1% of the total. EU citizens accounted for 210 purchases (12.5%), while buyers from countries outside the EU completed 495 transactions (29.4%). Compared with September 2025:
- sales to Cypriot citizens increased by 10%;
- sales to EU citizens rose by 4%;
- sales to buyers from third countries increased by 26%.
Growth in demand from buyers outside the EU was particularly strong in Limassol, where sales increased by 45%. In Paphos, sales to this group rose by 30%, while in Larnaca they increased by 27%.
Foreign demand continues to grow
From January through September 2026, purchases by EU citizens increased by 20% compared with the same period last year. The strongest growth was recorded in:
- Paphos — 39%;
- Larnaca — 30%;
- Nicosia — 12%;
- Limassol — 9%.
The only district to record a decline was the free area of Famagusta, where sales to EU citizens fell by 17%.
Buyers from third countries were even more active. Their transactions increased by 19% during the first 9 months of the year. Growth reached 22% in both Paphos and Larnaca, 18% in Limassol, 17% in the free areas of Famagusta and 6% in Nicosia.
Overall, foreign buyers — EU citizens and buyers from countries outside the EU combined — accounted for 47% of all property transactions in Cyprus during the first 9 months of 2026. Foreign demand remains particularly strong in Paphos. During this period, EU and other foreign buyers purchased a combined 2,117 properties there, compared with 882 purchases by Cypriot citizens.
This shows that foreign demand continues to play an important role in the Cyprus property market. Limassol remains the leading market in terms of the total number of transactions, while Paphos is particularly dependent on overseas buyers.