Cyprus’ property market delivered a robust performance in 2025, with the total value of property transfers surpassing €4.7 billion, according to a report from the Real Estate Agents Registration Council of Cyprus. The results highlight the sector’s resilience and sustained attractiveness, despite ongoing international economic challenges.
Statistics from the Department of Lands and Surveys, analysed and released quarterly by the Council, show that the number of sale contracts filed nationwide increased by 15% year-on-year. Between January and December 2025, a total of 18,114 sale documents were submitted, up from 15,797 in 2024.
Although the overall volume of property transfers rose only slightly (+ 0.77%) the total value of transactions climbed by approximately 10%, pointing to a clear shift towards higher-value property deals.
Commenting on the figures, Council President Marinos Kynaigeirou said the 2025 results demonstrate the market’s strength and stability. He noted that Cyprus’ real estate sector has withstood global economic pressures while maintaining steady growth, reaffirming property as a safe investment option. He added that the increase in transfer values signals rising demand for premium properties. Looking ahead, he anticipates a period of stabilisation in 2026, while emphasising that affordable housing remains the industry’s most pressing challenge amid continued price increases.
Property transfers by district
In Nicosia, the market experienced particularly strong growth. Property transfer values exceeded €1.1 billion in 2025, up from €950 million in 2024. The number of transfers rose to 5,917, while demand for new properties remained strong, with sale contracts increasing to 4,115.
Limassol continued to lead in transaction value, recording €1.7 billion in transfers compared to €1.5 billion the previous year. However, the total number of transfers declined slightly, suggesting fewer but higher-value transactions. Interest in new-build properties strengthened, with sale contracts climbing to 5,563.
Paphos showed a mixed performance. While sale contracts grew to 3,567, both transfer volumes and values fell modestly, pointing to softer activity in completed transactions.
Larnaca experienced broad-based growth. Transfer values rose to €698.5 million, volumes increased slightly, and sale contracts surged to 3,978, reflecting sustained demand.
In Famagusta district, transfer volumes dipped marginally, but transaction values rose to €236.6 million, and sale contracts also showed a positive increase.
Very interesting data for the Cyprus property market.
Property transfers in 2025 exceeded €4.7bn, highlighting the resilience of the market despite global uncertainty.
At Landbank Group, this reflects what we see on the ground:
Steady demand, selective investors, and increasing focus on quality assets rather than volume.
The Cyprus market continues to mature — and that is a healthy sign for long-term investors.