The Cypriot real estate market continues to show solid recovery. According to official data from the Department of Lands and Surveys, 1,289 property sale contracts were registered across the island in September 2025, marking a 15% increase compared to September 2024. This steady growth confirms that Cyprus property remains in strong demand among both local and foreign buyers.
From January to September 2025, total property sales rose by 13% compared to the same period last year, with positive trends recorded in all districts. Analysts say this performance reflects growing confidence in the Cypriot market, which remains one of the most attractive investment destinations in the Mediterranean.
The available real estate covers a wide range — from residential homes and apartments to commercial spaces, warehouses, and land plots. Historically, about half of all transactions involve residential properties.
Domestic market gaining strength
Activity among local buyers has grown notably. In September, 60% of all transactions (888 deals) were made by Cypriot buyers — a 17% increase from the same month last year (759).
Growth was recorded in almost all districts:
- Paphos: +42% (115 vs 81 deals)
- Larnaca: +21% (154 vs 127)
- Limassol: +15% (290 vs 253)
- Nicosia: +14% (298 vs 261)
- Only the free areas of Famagusta showed a small decline of 16% (31 vs 37).
In the first nine months of 2025, domestic sales rose by 13%, confirming the gradual recovery of purchasing activity among local residents.
Foreign buyers remain highly active
Interest from foreign investors continues to be strong. In September 2025, foreign buyers completed 596 transactions, up 12% year-on-year. All five districts showed growth, with especially notable increases in:
- Nicosia: +43% (53 vs 37)
- Free Famagusta areas: +30% (48 vs 37)
- Larnaca: +14% (151 vs 132)
- Paphos: +7% (198 vs 185)
- Limassol: +5% (146 vs 139)
From January to September, sales to foreign buyers grew by 14%, underscoring Cyprus’s ongoing appeal as a safe and profitable investment destination.
EU citizens returning to the market
Transactions involving EU citizens increased by 18% in September, reaching 202 contracts versus 150 a year earlier. The strongest growth came from:
- Free Famagusta areas: +86%
- Paphos: +43%
A slight decrease was observed in Limassol (-12%) and Larnaca (-3%), but overall, sales to EU nationals rose by 24% in the first nine months of 2025, with increases across all districts.
Buyers from third countries remain a key market driver
Investors from non-EU countries also continue to play a vital role. In September 2025, they completed 394 transactions, representing 27% of all sales, up 10% year-on-year.
The largest increases were seen in:
- Nicosia: +84%
- Larnaca: +22%
- Limassol: +12%
These offset moderate declines in Paphos (-9%) and Famagusta (-4%). Over the first nine months of 2025, transactions involving non-EU buyers rose by 9%, with all regions contributing to the overall growth.
Cyprus’s new investment geography
Data suggests the structure of the property market is evolving due to shifting international demand. In Paphos, foreign buyers have already surpassed locals in transaction volume, cementing the city’s status as a top coastal and holiday-home destination.
At the same time, rising activity in Larnaca and Famagusta indicates a broader investment focus, as more investors turn their attention to the island’s east, attracted by infrastructure projects, transport links, and strategic coastal locations.
Given the consistent upward trend, 2025 could become the most active year for Cyprus real estate in the past 18 years. According to analysts, the market’s positive momentum is supported by a combination of factors: a favorable tax regime, residency programs for investors, high safety standards, and a stable economy.