Cyprus’s property market proved its resilience in 2025, shrugging off international turbulence to record a 15% jump in sales contracts and attract a surge in high-value investments that pushed transfer values past €4.7 billion.
“The market absorbed shocks from the international environment and recorded a strong development trajectory, confirming that property is a stable and safe investment choice,” Council for Registration of Real Estate Agents president Marinos Kineyirou said. “The 2025 picture provides the clearest proof of the resilience and attractiveness of the property sector.”
The island registered 18,114 sales contracts between January and December, up from 15,797 in 2024, according to data from the Department of Lands and Surveys presented by the Council for Registration of Real Estate Agents. Property transfers increased 0.77% in volume whilst their value jumped roughly 10%.
The increase in transfer values shows the market is now attracting investment in high-value properties, Kineyirou said. However, affordable housing remains the critical challenge as prices have risen and solutions are needed for households struggling to buy their own homes.
“The big question for 2026 is affordable housing. Prices have increased and solutions must be found for households, our compatriots, who are struggling to acquire their own home,” Kineyirou said. The council expects the market to follow a stabilisation path in 2026.
Nicosia led regional growth, smashing through the €1 billion barrier to reach €1.1 billion in transfer values, compared with €950 million in 2024. The capital recorded 5,917 transfers, up from 5,395, whilst sales contracts jumped to 4,115 from 3,527.
Limassol maintained its lead in transaction values with fewer but pricier deals. Transfers reached €1.7 billion in 2025 from €1.5 billion, even as transaction numbers fell slightly to 4,940 from 5,054. Sales contracts rose to 5,563 from 5,032.
Larnaca recorded steady growth across all metrics. Transfer values rose to €698.5 million from €637 million, transaction volumes climbed to 3,855 from 3,775, and sales contracts surged to 3,978 from 3,356.
Paphos presented a mixed picture. Sales contracts increased to 3,567 from 3,107, but transfer values fell to €968.8 million from €983 million and transaction volumes dropped to 3,415 from 3,727.
In the free Famagusta district, transaction volumes dipped slightly to 1,177 from 1,204, but their value increased to €236.6 million from €214 million. Sales contracts rose to 891 from 775.
Read more: