Cyprus real estate market shows growth in 2025 and mid-2026

According to Eurostat, Cyprus saw a 3.8% increase in residential property sales in 2025, following a 1.1% decline in 2024. Building on this recovery, data from the Department of Lands and Surveys for the first half of 2026 indicates the strongest market performance since 2007. Limassol remains the primary driver of this growth, recording a 27% increase in sales documents in June 2026 alone. During that month, 727 property sales were registered in Limassol, with 247 transactions involving foreign buyers. Of these foreign acquisitions, 68% were made by citizens of non-EU countries, while domestic buyers accounted for 66% of total sales in the city. Despite macroeconomic uncertainties and high property costs, the market has maintained strong momentum throughout the reported periods. Regional comparisons show that in 2025, most EU countries experienced growth, with significant contractions recorded only in Croatia, Bulgaria, and Poland.