The Cyprus real estate market continues its confident upward trajectory. According to the latest data from the Department of Lands and Surveys, 1,644 property sale transactions were registered nationwide in November 2025, representing a 9% increase compared to the same month last year. For the period from January to November 2025, total transactions reached 16,455, which is 14% higher than in the corresponding period of 2024. These figures confirm strong and sustained demand for real estate, driven by both local and foreign buyers.
Limassol Maintains Leadership Despite a November Dip
Limassol remains the largest real estate market on the island, although a temporary decline in activity was recorded in November. The city registered 439 transactions during the month, compared with 511 a year earlier. Nevertheless, over the first eleven months of 2025, Limassol recorded 5,085 sales, reflecting 10% growth year-on-year. Experts attribute this sustained demand to active construction, the development of business infrastructure, and strong investor interest.
Larnaca and Paphos Lead in Growth Rates
Larnaca recorded the most impressive growth rates. In November, 387 transactions were registered—24% more than a year earlier. From January to November 2025, sales volume increased by 16%, reaching 3,598 transactions. Rising interest is driven by active development, expansion of coastal areas, and improvements in transport infrastructure.
Paphos also continues to strengthen its position. In November, 356 transactions were completed, representing a 24% increase year-on-year. Over the eleven-month period, total sales rose by 14%, reaching 3,225 transactions. The region remains attractive to international buyers due to its combination of a resort lifestyle and investment appeal.
Steady Growth in Nicosia and the Free Areas of Famagusta
In the capital, 386 transactions were recorded in November—an increase of 20% compared to the previous year. From January to November, total transactions in Nicosia reached 3,749, up 17% year-on-year. The capital’s market remains stable, supported by demand for permanent residences and rental properties.
In the free areas of Famagusta, November figures remained broadly unchanged compared to last year. However, over the eleven months of 2025, 798 transactions were recorded, reflecting 13% growth. This points to a gradual recovery of interest in the region.
Current Trends and Market Outlook
Experts note that sales growth is being supported by a combination of sustained demand, limited supply, and strong interest from foreign investors. Additional drivers include infrastructure development, the growing number of projects built to energy-efficient standards, and the relative stability of the Cypriot economy. The market is expected to maintain positive momentum in 2026, particularly in the residential sector and investment properties in coastal cities.