As reported earlier, Cyprus property sales continued to strengthen in July 2026, extending the steady growth seen across the island’s real estate market over the past year.
While Cypriot buyers remained the largest group of purchasers, overseas demand continued to make a significant contribution, particularly in the popular coastal areas.
The chart below shows the year-to-date performance of each market segment dating back to 2008. It is worth noting that the Department of Lands and Surveys only began reporting separate figures for EU and non-EU buyers in 2018. Before then, all foreign purchases were grouped together under the category of overseas sales contracts.
Domestic buyers remain the largest part of the market
Cypriot buyers accounted for 1,211 property sales in July, representing 59% of all transactions completed during the month. This compares with 1,080 sales in July 2025, an increase of 12%.
Performance varied across the districts.
Domestic sales declined in Larnaca, where transactions fell 13% to 232, and in Famagusta, where sales dropped 9% to 49.
However, stronger activity elsewhere more than made up for these falls. Limassol recorded the biggest increase, with sales rising 39% to 445. Paphos saw sales climb 29% to 129, while Nicosia recorded a more modest 4% increase to 358.
During the first seven months of 2026, every district recorded higher domestic sales than during the same period last year. Limassol led the market with growth of 24%, followed by Famagusta at 10%, while Paphos and Nicosia reported increases of 3% and 5% respectively.
EU buyer activity records marginal growth
Property purchases by European Union citizens edged higher in July.
A total of 277 sales contracts were deposited by EU buyers, compared with 274 in July 2025, representing annual growth of just 1%.
Sales fell in Famagusta (35%), Limassol (32%) and Nicosia (20%). However, these declines were offset by strong increases in Larnaca, where sales rose 91%, and in Paphos, where they increased by 16%.
Year-to-date figures show that demand from EU buyers continues to improve.
Paphos remains the strongest-performing district, with sales increasing 46% compared with the first seven months of 2025. Larnaca followed with growth of 36%, while Nicosia and Limassol recorded increases of 10% and 2% respectively. Famagusta was the only district to record a decline, with sales down 3%.
Non-EU buyers continue to drive market growth
Demand from non-EU buyers remained particularly strong during July.
A total of 552 property sales contracts were deposited by non-EU purchasers, compared with 478 in July 2025, representing annual growth of 15%.
Although sales in Nicosia fell by 16%, the remaining districts all recorded increases.
Larnaca posted the strongest growth, with sales rising 42% to 150. Famagusta followed with a 35% increase to 31 sales, while Limassol recorded growth of 10% to 190. Paphos also continued to perform well, with sales increasing 6% to 155.
The year-to-date figures underline the strength of overseas demand.
Sales to non-EU buyers have increased by 19% during the first seven months of 2026 compared with the same period last year. Every district recorded double-digit growth over the period.
Overseas buyers continue to support Cyprus property sales
The latest figures confirm the continued appeal of Cyprus among international buyers.
Combined purchases by EU and non-EU citizens accounted for 41% of all property sales completed during the first seven months of 2026. Demand remains particularly strong in Paphos, reinforcing its position as one of the island’s most popular destinations for overseas purchasers.
Outlook
The July figures highlight a Cyprus property market that continues to show resilience.
Steady domestic demand, together with sustained interest from overseas buyers, is supporting sales across the island. Coastal districts, particularly Paphos, Limassol and Larnaca, continue to attract strong levels of international interest, helping to maintain the market’s positive momentum as 2026 progresses.
