The Cyprus residential property market maintains stable, positive momentum. According to the Land Department, real estate sales in February 2026 demonstrated double-digit growth, increasing by 12% year-on-year. In just one month, 1,537 properties changed ownership, significantly exceeding the 1,371 transactions recorded in February last year.
The most significant acceleration in activity was recorded in Limassol, where sales increased by 24%, reaching 482 transactions. This district continues to maintain its status as the largest and most active residential real estate market in the country.
In Famagusta, real estate sales increased by 21% (63 transactions), confirming the continued interest of buyers in the region. In Paphos, the number of transactions increased by 14%, reaching 319 residential properties. Nicosia recorded moderate but steady growth of 5% (332 properties). Larnaca saw a minimal increase of 2%, representing 341 properties sold.
National residential property sales increased by 11% in January 2026, following a more significant 24% increase in December 2025. The leading growth areas during this period were Famagusta (22%) and Paphos (19%).
Current figures continue the success of 2025, which was the most productive year for the residential property market since 2007. Last year, 18,114 sales documents were submitted, representing a 15% increase compared to 2024 figures. Steady demand for one-, two-, and three-bedroom properties across the island confirms the sector’s high investment appeal.
