According to data compiled from the Lands and Surveys Department, 4,137 sales and purchase agreements were registered across the island in the first three months of this year. This is a 15% increase compared to the same period in 2024, when 3,597 transactions were registered. Although the total volume of property transfers decreased slightly by 2.9%, the total value of transactions increased by 15%, allowing them to exceed the €1.1 billion mark. This result reflects the steady growth and active interest from both local and international investors, as evidenced by the report of the Cyprus Board of Registration of Estate Agents.
Marinos Quinheiro , president of the Council of Registration of Real Estate Agents, noted that 2025 has started positively for the real estate market. Despite high demand and stable supply, there are still certain risks, such as trade wars and rising construction costs, that could affect the residential real estate sector.
Of course, there are also factors that could have a positive impact on buying interest, such as further interest rate cuts by the European Central Bank.
The Cyprus residential property market has certainly started 2025 very successfully, with growth dynamics evident in all areas. Strong demand and positive market fundamentals create favourable conditions for further development and open up prospects for investors and property buyers.
