Newsroom
Cyprus’ real estate market continues to shine, with property transfers reaching nearly €3.5 billion in the first nine months of 2025, up 12.6% from the same period last year, according to the Real Estate Agents Registration Council.
A total of 13,173 sales documents were filed nationwide from January through September, a 13% increase compared to the first nine months of 2024. While the number of transactions saw a modest bump, the big story is the growing value of deals, signaling rising prices and the arrival of high-value strategic investments.
“These figures confirm that the real estate market is not only active but thriving, acting as a key pillar of resilience for the economy,” said Marinos Kynaigeirou, President of the Council. “The interest from both local and foreign buyers is keeping demand strong and promising continued activity in the months ahead.”
Limassol leads in value, Nicosia in volume
Limassol remains the powerhouse of the market, with transfers totaling €1.3 billion, almost 37% of the national total, and 4,156 sales documents filed, up 13% year-on-year. The city continues to attract large-scale, high-value investments.
Nicosia recorded the largest number of property transactions nationwide with 4,293 transfers and 2,991 sales documents, reflecting strong local demand, particularly from buyers seeking permanent homes. The total value of transfers in the capital reached €812.8 million.
Larnaca is also on an upward trend, with 2,789 transfers and 2,869 sales documents, while Paphos maintained its appeal for foreign buyers, reaching €708.3 million in transfer value. Even Famagusta, with the smallest volume of transactions, posted a 10% increase in sales documents, mostly tied to tourism-related investments.
What this means for buyers and investors
For homebuyers, the market’s momentum translates into more choices but also tougher competition, especially in hotspots like Limassol, Nicosia, and Paphos. Rising prices are a reality, reflecting strong demand from both locals and international investors. For investors, the surge in high-value transfers highlights opportunities in premium real estate and tourism-linked projects, while local buyers may need to act quickly to secure properties before prices climb further.
With strong demand, rising property values, and continued stability, Cyprus’ real estate sector looks set to remain a major driver of the country’s economy through the rest of 2025.
