Cyprus property market reports growth in first five months of 2026

Cyprus property sales increased by 11.9 per cent during the first five months of 2026, with 8,043 sales documents filed compared to 7,185 in the same period of 2025. This figure is 66 per cent higher than the 4,846 sales recorded in 2019. Limassol remains the largest market with 2,537 sales, an 11.2 per cent annual increase. Nicosia saw 1,749 sales, marking a 5.7 per cent growth, while Larnaca recorded 1,747 sales, a 12.4 per cent rise. Paphos showed the highest annual growth rate among districts at 19 per cent. Data indicates the market remains well above pre-pandemic levels, bolstered by foreign investment which accounted for 28 per cent of total transactions in 2025. Total property transaction value in 2025 reached 6.5 billion euros, a record high. Investors from Russia, Turkey, and Israel remain key participants, particularly in coastal developments.