The Cyprus residential property market is showing strong growth in 2025, not only in the number of transactions but also in their total value. In the first nine months, the value of real estate transactions reached almost €3.5 billion.
From January to September, 13,173 purchase and sale agreements were submitted nationwide, a 13% increase compared to the previous year. By comparison, 11,634 transactions were registered during the same period in 2024. Despite a moderate increase in the overall number of property transfers—approximately 0.74%—the total transaction value increased by 12.6% to €3.49 billion. This indicates an increase in the average transaction price and the growing importance of luxury properties.
Economic dynamics confirm a qualitative renewal of the market: the structure of transactions is increasingly formed by strategic investments and high-added-value projects, rather than exclusively mass transactions in the budget residential real estate segment.
The increase in the number of purchase and sale agreements indicates stable demand from both local and foreign buyers. The market continues to play an important role in the country’s economy, supporting investment attractiveness and fostering long-term stability in related industries.
The rise in transaction values reflects the influx of capital into luxury projects—seaside residential complexes, premium properties, and rental-oriented properties. This demand structure demonstrates investor confidence in the country’s economy and continued interest in the residential real estate market amid global volatility.
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Analysis of transactions by district
Limassol
In 2025, Limassol confirmed its status as the country’s leading investment district. It boasts the highest total transaction value—approximately €1.3 billion, accounting for almost 37% of the national total. The number of submitted sales contracts reached 4,156, a 13% increase compared to the previous year.
The area continues to attract investors to luxury residential projects, apartment complexes, and mixed-use developments, forming the largest investment cluster on the island.
Nicosia
Nicosia leads the way in the number of completed property transfers, with 4,293. The number of purchase and sale agreements reached 2,991. The transaction value reached €812.8 million.
Activity in the area is driven primarily by domestic demand for permanent residences, including one-, two- and three-bedroom properties.
Larnaca
Larnaca recorded one of the highest growth rates in sales and purchase agreements, up 15%. During the reporting period, 2,869 agreements and 2,789 title transfers were recorded. The total transaction value amounted to €503.6 million.
A slight excess of contracts over actual title transfers is considered a positive indicator, indicating a high level of transactions nearing completion. The area is actively developing as an alternative to oversaturated markets and attracts both local buyers and foreign investors.
Pathos
Paphos maintains a stable position in the international demand segment. Despite a lower number of transactions compared to Limassol and Nicosia, the district ranked third in terms of total transaction value, at €708.3 million.
2,568 title transfers and 2,531 sales contracts were recorded. This segment includes residential properties for permanent residence, as well as tourist properties and investment projects.
Famagusta
Famagusta recorded the lowest number of transactions—792 title transfers and a value of €158.3 million. However, even with these figures, the district registered a 10% increase in contracts. The main interest was focused on projects related to tourism and resort residential real estate .
