PwC has identified Paphos as one of the biggest success stories in Cyprus’ property market in 2025, with the coastal district emerging as the leading destination for overseas buyers amid rising international demand.
According to PwC’s Cyprus Real Estate Market – Year in Review 2025 report, foreign demand accelerated significantly throughout the year, reinforcing Cyprus’ reputation as a prime destination for international property investment.
A total of 7,255 properties were bought by overseas buyers in 2025, up from 6,228 in 2024, marking a 16% year-on-year increase. Foreign investors accounted for roughly 28% of all property transactions across Cyprus, highlighting the market’s growing international reach.
Paphos top choice for overseas buyers
At the heart of this growth story is Paphos, which secured its position as the most active market for foreign buyers in 2025.
The district accounted for 32% of all international property transactions, making it the top-performing location for overseas buyers. PwC’s report also found that Paphos contributed the largest share of the overall rise in foreign activity, underlining its importance in driving market growth.
Its combination of coastal living, tourism appeal and investment potential continues to attract buyers seeking both lifestyle benefits and long-term returns.
Coastal property continues to attract investors
Limassol ranked second, accounting for 28% of foreign property transactions.
Together, Paphos and Limassol represented nearly 60% of all international property deals completed in Cyprus during 2025. The figures highlight the continued demand for coastal property, where buyers are drawn by strong rental prospects, lifestyle appeal and long-term capital growth opportunities.
Non-EU buyers dominate Cyprus property market
The report also revealed that non-EU buyers remained the dominant force in Cyprus’ international property market.
They accounted for approximately 66% of all foreign buyers in 2025. While this figure was slightly lower than the previous year, it confirms Cyprus remains highly attractive to investors from outside the European Union.
Alongside Paphos and Limassol, Larnaca continued to attract strong interest from international buyers.
The latest figures point to a resilient and increasingly global property market, with Paphos firmly established as the driving force behind Cyprus’ foreign real estate demand in 2025.
