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Domestic Residential Property Sales in January 2025
In January 2025, residential property sales on the domestic (Cypriot) market increased by 27% compared to January 2024, accounting for 60% of total sales for the month. Significant growth was recorded in all areas:
- Limassol : +50%
- Larnaca : +22%
- Nicosia: +18%
- Famagusta : +10%
- Pathos: +8%
Comparison of the number of concluded sales contracts on the domestic market (January 2024/2025)
| District | 2024 year | 2025 year |
| Nicosia | 204 | 240 |
| Famagusta | 21 | 23 |
| Larnaca | 121 | 148 |
| Limassol | 189 | 283 |
| Pathos | 66 | 71 |
Residential Property Sales to Foreign Buyers
Total residential property sales to overseas buyers, including EU and non-EU buyers, increased by 12% in January 2025 compared to January 2024. Sales increased in all areas except Nicosia, which saw a 10% decline.
Dynamics of sales to foreign buyers by region:
- Famagusta : +74%
- Larnaca : +18%
- Limassol : +16%
- Pathos: +5%
Comparison of the number of concluded sales contracts with foreign buyers (January 2024/2025)
| District | 2024 year | 2025 year |
| Nicosia | 40 | 36 |
| Famagusta | 19 | 33 |
| Larnaca | 94 | 111 |
| Limassol | 126 | 146 |
| Pathos | 167 | 184 |
Sales of residential property to EU citizens
Property sales to EU citizens increased by 44% compared to the same period last year, accounting for 13% of all transactions for the month. Sales growth was recorded in all areas except Larnaca , where sales fell by 15%.
The most significant changes:
- Famagusta : 533% increase (from 3 deals in January 2024 to 19 in January 2025)
- Pathos: +81%
- Nicosia: +21%
- Limassol : +13%
Number of sales contracts with EU citizens (January 2024/2025)
| District | 2024 year | 2025 year |
| Nicosia | 14 | 17 |
| Famagusta | 3 | 19 |
| Larnaca | 20 | 17 |
| Limassol | 40 | 45 |
| Pathos | 36 | 65 |
Residential property sales to non-EU buyers
Property sales to non-EU buyers increased by just 1% compared to January 2024, but they still accounted for 27% of all sales.
Sales declines were noted in:
- Nicosia: -27%
- Paphos: -15%
- Famagusta : -14%
Sales growth was observed in:
- Larnaca : +27%
- Limassol: +17%
Number of sales contracts with non-EU nationals (January 2024/2025)
| District | 2024 year | 2025 year |
| Nicosia | 26 | 19 |
| Famagusta | 16 | 14 |
| Larnaca | 74 | 94 |
| Limassol | 86 | 101 |
| Pathos | 140 | 119 |
An analysis of residential property sales in January 2025 shows that foreign buyers continue to dominate the Paphos market, accounting for almost 75% of the total transaction volume in the area. This trend highlights the high attractiveness of Paphos for foreign investors.
