Cyprus property sales bounced back in September following a modest 1% dip in August, according to the latest official figures from the Department of Lands and Surveys.
A total of 1,289 contracts of sale were deposited at Land Registry offices across the island, representing a 15% increase compared to the same month in 2024. The strong performance keeps the market on course to achieve its highest annual total since the global financial crisis of 2007.
The figures cover a broad mix of real estate including: residential properties, commercial premises, offices, retail units, warehouses, and land. While the Department does not provide a breakdown by type, historic data indicates that residential property typically accounts for around half of all transactions.
According to the official statistics, a total of 1,289 contracts of sale were deposited in September, an increase of 15% compared to the 1,289 recorded in September 2024.
For the first nine months of 2025, Cyprus property sales rose 13% to reach 13,173 compared to 11,634 in the same period last year, with every district reporting growth. This steady increase highlights the ongoing confidence among both domestic and international buyers.
Cyprus property sales: market segment analysis
Domestic market sees broad-based recovery
Domestic buyers accounted for 60% of total sales in September, depositing 888 contracts, a 17% rise compared to 759 in the same month last year.
Despite a 16% fall in Famagusta (31 vs 37), the remaining districts all saw strong growth:
Paphos 42% (115 vs 81), Larnaca 21% (154 vs 127), Limassol 15% (290 vs 253), and Nicosia 14% (298 vs 261)
Over the first nine months of the year, domestic sales rose 13% to reach 7,985 compared to 7,053 during the same period last year, with gains recorded in every district.
Overseas buyers continue to drive Cyprus property sales
Cyprus property sales to international purchasers also remained buoyant. In September 2025, 596 contracts were deposited by overseas buyers, up 12% on the 530 recorded in September last year, with all five districts recorded increases:
Nicosia 43% (53 vs 37), Famagusta 30% (48 vs 37), Larnaca 14% (151 vs 132). Paphos 7% (198 vs 785), and finally Limassol 5% (146 vs 139).
For the year to date, sales to foreign buyers rose 14% to reach 5,215 compared to 4,581 in the first nine months of last year, underscoring Cyprus’s enduring appeal as a safe and attractive investment destination.
EU nationals show strong return to the market
Property purchases by EU nationals climbed 18% in September, with 202 contracts deposited compared to 150 last year. While sales fell in Limassol 12% (37 vs 42) and Larnaca 3% (38 vs 39), they surged elsewhere – notably in Famagusta 86% (26 vs 14) and Paphos 43% (83 vs 58).
Year to date, sales to EU nationals increased 24%, reaching 1,728 compared to 1,389 in the first nine months of last year, with all districts reporting growth.
Non-EU nationals maintain momentum
Sales to non-EU nationals rose 10% year-on-year in September to 394 contracts, representing 27% of the total number of sale transactions in the month.
District-level performance varied, with strong gains in Nicosia 84% (35 vs 19), Larnaca 22% (113 vs 93), and Limassol 12% (86 vs 77), offsetting declines in Paphos 9% (115 vs 127) and Famagusta 4% (22 vs 23).
Over the first nine months of 2025, non-EU purchases rose 9% to reach 3,487 compared to 3,192 in the first nine months of 2024, with all districts contributing to the increase.
A shifting investment landscape
Data from the Department of Lands and Surveys reveals an evolving property market shaped increasingly by international demand.
In Paphos, non-EU buyers once again outpaced local purchasers, confirming its position as a preferred destination for overseas investors and holiday-home seekers. Meanwhile, rising activity in Larnaca and to a lesser extent in Famagusta suggests a broader geographic spread of foreign investment, driven partly by regional dynamics in the eastern Mediterranean.
As the market continues its upward trajectory, 2025 is poised to be one of the most active years for Cyprus property sales in nearly two decades.