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How has the demand for residential real estate changed by November 2025?

How has the demand for residential real estate changed by November 2025?

The real estate market is showing strong growth, as evidenced by the latest statistics. According to the Land Department’s report, the number of purchase and sale transactions in November 2025 reached 1,644 , a 9% increase compared to November 2024 (1,506 transactions).

The overall trend over a longer period is even more compelling: in the first eleven months of 2025 (January–November), 16,455 sales contracts were registered. This is 14% higher than the same period last year, when 14,458 transactions were recorded.

Analysis by region

The situation varies across the island, but the overall trend remains positive for most areas.

Limassol

Despite a 14% decline in activity in November (439 transactions compared to 511 last year), this district remains the leader in overall sales volume. Over the eleven months of 2025, the number of registered contracts increased by 10%, reaching 5,085 units.

Larnaca

This region recorded one of the highest growth rates. In November, sales increased by 24% (387 transactions). Year-on-year growth for the period from January to November was 16%, reaching 3,598 contracts.

Nicosia

Nicosia is showing stable growth. In November, sales increased by 20% (386 transactions). Overall growth over the eleven months was 17% (3,749 transactions compared to 3,212 for the same period in 2024).

Pathos

In Paphos, the number of transactions increased by 24% (356 units). The total figure for the eleven months increased by 14%, reaching 3,225 contracts.

Famagusta

In November, the figures remained virtually flat compared to last year (76 transactions versus 74). However, over the eleven months, the number of transactions in the district increased by 13%, reaching 798.

Market trends and preferences

Demand spans a variety of segments, including one-, two- , and three-bedroom properties, which enjoy consistent popularity among both local residents and foreign investors. The growing number of registered contracts demonstrates high confidence in the sector, where residential real estate remains a key asset.

Based on current statistics, we can predict the sector’s continued investment attractiveness and the further development of infrastructure projects in all regions of the country.

 

Text based on materials from www.inbusinessnews.reporter.com.cy.com, photo pixabay.com

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