The real estate market in Cyprus is no longer limited to transactions in traditional currency. In recent years, the number of property deals involving cryptocurrency has been steadily increasing. Representatives of the business and legal sectors confirm this trend. Digital assets are becoming a popular tool, especially among foreign investors who seek fast and secure cross-border payments.
How and When Buyers Are Offered the Option to Pay With Cryptocurrency
The option to pay for real estate in cryptocurrency in Cyprus is usually discussed after the buyer expresses interest in a property. However, sellers are increasingly stating in advance that they are willing to accept digital assets.
Listings, real estate agency websites, and even building facades now often feature tags indicating that Bitcoin or other tokens are accepted. In Limassol, where new residential developments are booming, the sign “bitcoin acceptable” has already become familiar to potential buyers.
Requirements for a Legal Crypto Transaction
If the parties agree to complete the payment in cryptocurrency, this condition must be clearly stated in the purchase contract. Cypriot legislation and EU regulations require full transparency and documentation of all terms — including the exchange rate, transfer details, and rights of both parties.
When paying in Bitcoin or other tokens, the transfer may be executed via smart contracts — a technology recognized as legal in EU member states. Smart contracts offer additional protection, automating the transfer of assets and reducing human error risks.
What’s Changing in 2025: Current Information
In recent months, demand for crypto-enabled transactions has increased due to Cyprus’s growing popularity as a European hub for IT companies and startups. Tax advantages, the digital nomad visa program, and updated digital-asset legislation make the island especially attractive to tech-savvy investors.
Real estate agents note that in the premium segment, 10–15% of inquiries now involve cryptocurrency payments — and this share continues to rise.
Additionally, in 2025 Cyprus continues to implement MiCA, the EU-wide regulation on crypto-assets. This eases the process of conducting legal transactions and reduces risks for buyers, making cryptocurrency more applicable in the real economy.