Property sales in Cyprus continued their solid start to 2026, with the number of sales contracts deposited at Land Registry offices across the island rising by 11 per cent in February compared with February 2025.
According to official statistics published by the Department of Lands & Surveys, total of 1,537 property sale contracts were deposited at Land Registry during the month, up from 1,371 in February 2025. This month’s total is just 44 short of the record number of February sales (1,581) recorded in 2008.
All districts recorded increases in property sales:
- Limassol: 482 vs 389 (+24%)
- Famagusta: 63 vs 52 (+14%)
- Paphos: 319 vs 280 (+25%)
- Nicosia: 332 vs 315 (+5%)
- Larnaca: 341 vs 335 (+2%)
Property sales year to date
In the first two months of 2026, the total number of property sales contracts deposited at Land Registry offices reached 2,948; an 11% increase compared to the 2,646 deposited in the first two months of 2025, with all districts recording gains.
Property market outlook
As US President Donald Trump and Israel’s Prime Minister Benjamin Netanyahu press ahead with their pre-emptive strike on Iran, the situation remains extremely volatile. It is impossible to say with any confidence how Cyprus’ property market may be impacted.
A number of drones, reportedly launched by Iran and/or their proxy Hezbollah in Lebanon, have been directed at Cyprus. All were intercepted except one, which caused minor damage to a runway at RAF Akrotiri without resulting in any casualties.
Should the conflict escalate and spread across the Middle East, as some analysts suggest, the repercussions could be catastrophic.
