The Cyprus property market maintained its strong momentum during the first seven months of 2026, with property transactions rising by double digits both year-on-year and in July, according to the latest figures from the Department of Lands and Surveys.
A total of 12,047 contracts of sale were lodged with district Land Registry offices between January and July 2026, compared with 10,561 during the same period in 2025. This represents an annual increase of 14%, underlining continued demand across the island’s residential and commercial property sectors.
July also delivered another positive performance, with nationwide property sales increasing by 11% compared with the same month last year.
All districts report higher transaction volumes
The data show that every district recorded more property transactions during the first seven months of 2026 than in the corresponding period of 2025, highlighting broad-based strength across the Cyprus property market.
Limassol retains top spot
Limassol remained Cyprus’ busiest property market, recording 3,959 contracts of sale during the first seven months of 2026, up from 3,304 a year earlier. The district posted an impressive 20% annual increase, reinforcing its position as the country’s leading property hotspot.
Nicosia recorded 2,564 contracts of sale, compared with 2,432 during the same period in 2025, representing a more modest but still positive 5% increase.
Larnaca continued its steady upward trajectory, with transactions rising to 2,599 contracts of sale, compared with 2,343 in 2025. This equates to annual growth of 11%.
Paphos also enjoyed a particularly strong performance. Property sales climbed to 2,387, up from 1,995 in the first seven months of last year, marking a 20% increase.
Meanwhile, Famagusta recorded 538 contracts of sale, compared with 487 during the corresponding period of 2025, reflecting annual growth of 10%.
July sales up 11.4%
During July 2026, a total of 2,040 contracts of sale were submitted to district Land Registry offices, compared with 1,832 in July 2025, representing a nationwide annual increase of 11%.
Limassol once again delivered the strongest performance, with transactions rising by 20% to 695 contracts of sale, up from 579 in July last year.
Paphos followed with a 15% increase, recording 395 transactions compared with 342 a year earlier.
Larnaca also reported healthy growth, with sales rising by 10%, from 395 to 436 contracts of sale.
Nicosia’s market remained broadly stable, with 423 transactions recorded compared with 422 in July 2025.
Famagusta was the only district to record a slight decline, with property sales slipping 3% to 91 contracts of sale, down from 94 during the same month last year.
Outlook
The latest figures suggest that the Cyprus property market continues to demonstrate resilience despite broader economic uncertainties. With all districts reporting higher transaction volumes over the first seven months of the year and Limassol continuing to outperform, the market remains on course for another strong year if current trends persist.
