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Cyprus residential property sales up 18% in March 2026

Cyprus residential property sales up 18% in March 2026

According to the Cyprus Land Department, the number of transactions in March 2026 increased by 18% year-on-year, reaching 1,761 transactions compared to 1,491 in March 2025. This figure exceeded the growth rates in January (11%) and February (12%).

Sales to foreign buyers (both from EU countries and third countries) increased in March to 732 transactions. The share of foreign capital in total sales rose to 41.6%.

Sales dynamics in March varied significantly depending on the region:

  • Famagusta : the absolute leader in growth – sales increased by 59% (100 transactions).
  • Nicosia: a 30% increase was recorded (442 transactions).
  • Limassol: the number of transactions increased by 20% (572 transactions).
  • Larnaca: height compiled 16% (365 transactions).
  • Paphos: the only district to show a decline, with sales down 4% (282 transactions).

Stable demand for one-, two- , and three-bedroom properties in most regions confirms the sector’s resilience. The increase in activity in March demonstrates high investor confidence in the island’s residential property market.

 

Text based on materials from www.cyprus-mail.com, photo pixabay.com

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