The beginning of 2026 has been successful for the Cyprus real estate market. The sector is demonstrating confident growth both nationwide and in each individual region of the country. According to data from the Cyprus Land Department, the number of sales contracts registered in January 2026 reached 1,411. For comparison, in January 2025 this figure stood at 1,275 transactions, representing an 11% increase. Such dynamics confirm the continued strong demand for residential and investment property on the island.
Limassol maintains leadership, Paphos shows the fastest growth
Limassol traditionally remains the main center of the Cypriot real estate market. In January 2026, 445 transactions were completed here compared to 429 a year earlier, corresponding to a 4% increase. The city continues to attract investors thanks to developed infrastructure, business activity, and strong interest from foreign buyers.
Second place is firmly held by Paphos, which showed the most noticeable growth. In January 2026, 318 transactions were registered in the region, compared to 255 in January 2025. Growth reached an impressive 25%. According to experts, this trend is explained by active development of tourist real estate, demand for seaside villas, and long-term residency programs for foreigners.
Stable growth in Nicosia and Larnaca
The capital of Cyprus also demonstrated positive dynamics. The number of transactions in January 2026 in Nicosia increased to 291 compared to 276 a year earlier, representing growth of 5%. Buyer interest here was mainly focused on residential property for permanent living and commercial assets.
Larnaca continues to strengthen its position amid waterfront development and infrastructure projects. In the first month of 2026, 288 sales contracts were signed here compared to 259 in January 2025. An 11% increase confirms the region’s growing attractiveness for both living and investment.
The free areas of Famagusta are gaining popularity
The free areas of Famagusta showed one of the highest growth rates. In January 2026, the number of transactions reached 69, compared to 56 a year earlier. The 23% increase is linked to more affordable property prices, the development of new residential projects, and interest from buyers seeking alternatives to more expensive regions.
General trends and market outlook
Growth in the Cyprus real estate market in 2026 is supported by a combination of a stable economy, demand from foreign investors, development of the tourism sector, and limited supply of quality properties. An additional factor remains interest in Cyprus as a country for relocation, doing business, and generating rental income. If current trends continue, the Cyprus real estate market has every chance to maintain growth throughout 2026.