The Cypriot real estate sector closed 2025 with positive results, confirming its strong growth momentum. Year-on-year, the number of registered sales contracts across the country increased by 15% .
According to data from the Land Department, processed by the Estate Agents Registration Board, 18,114 purchase and sale agreements were submitted in 2025, compared to 15,797 in 2024. Despite a moderate increase in the volume of transferred titles ( 0.77% ), their total value increased by 10% , exceeding €4.7 billion. This indicates that the market is increasingly attracting investment in luxury properties.
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Dynamics by districts
Market development in 2025 was uneven across different regions , but overall demonstrated resilience to external economic challenges.
Nicosia
The district demonstrated exceptional growth rates. The value of transferred properties surpassed the billion-dollar mark for the first time, reaching €1.1 billion (compared to €950 million in 2024). The number of purchase and sale agreements increased to 4,115 .
Limassol
Limassol retained its lead in total transaction value at €1.7 billion. Notably, while the overall number of transactions declined slightly, their average value increased. Demand for new residential properties remained strong, with 5,563 contracts registered.
Pathos
Despite an increase in the number of new sales contracts to 3,567 , the total value of transferred property rights here decreased slightly to €968.8 million .
Larnaca
The value of transactions in Larnaca increased to €698.5 million , and the number of new purchase and sale agreements increased significantly – from 3,356 to 3,978 .
Famagusta
Despite a slight decrease in the physical volume of transactions, their total value increased to €236.6 million. The number of new contracts also increased to 891 .
Forecasts for 2026
Marinos Kinaigirou, Chairman of the Real Estate Agents Registration Board , noted that the 2025 results were clear evidence of the sector’s attractiveness. However, he emphasized that the market could see a period of stabilization in 2026.
Ensuring affordability remains a key challenge. Rising prices for one-, two- , and three-bedroom apartments are creating additional challenges for local households. Finding solutions to provide citizens with affordable housing will be a priority this year.
