HomeNews MenuProperty SalesSeptember property sales hit a new record high

September property sales hit a new record high

Cyprus property sales continued to grow in September, with 1,681 contracts recorded across the island. This was the highest September total since records began in 2000, and 13% higher than the 1,484 sales recorded in September 2025.

The latest figures from the Department of Lands and Surveys show that most districts recorded higher sales during the month. Larnaca had the strongest annual rise, while Limassol remained the island’s largest property market.

Larnaca leads September growth

Larnaca delivered the strongest performance in September. Sales rose 29% to 393, up from 305 in the same month last year.

Limassol recorded the second largest increase. Sales rose 16% to 506, compared with 436 in September 2025.

Paphos sales reached 345, up 10% from 313 a year earlier. Nicosia recorded a more modest rise of 7%, to 374 from 351.

Famagusta was the exception. Sales fell 20% to 63, down from 79 in September 2025. This was the district’s fourth consecutive monthly decline.

Total contracts of sale deposited – 2025/2026 Comparison (Sept)

September market segment performance

All three buyer groups recorded higher sales in September.

Cypriot buyers remained the largest group, accounting for 976 purchases, or 58.1% of the total. EU citizens made 210 purchases (12.5%), while non-EU citizens made 495 (29.4%).

Property sales to domestic buyers

Sales to Cypriot buyers rose 10% in September compared with the same month last year.

Paphos was the only district to record a fall, with sales down 14%. This was outweighed by increases of 34% in Larnaca, 26% in Famagusta, 8% in Nicosia and 7% in Limassol.

Property sales to EU citizens

Sales to EU citizens rose 4% in September compared with September 2025.

Famagusta was the only district to record a decline, with sales down 85%. The other four districts all reported growth. Nicosia recorded a strong recovery after sales fell 6% in August, rising 50% year on year in September.

Paphos sales increased 17%, Larnaca 13%, while Limassol recorded a 5% rise.

Property sales to non-EU citizens

Sales to non-EU citizens rose 26% in September compared with the same month last year.

Nicosia and Famagusta recorded falls of 31% and 9% respectively, while the other three districts posted double-digit gains. Limassol had the strongest growth, with sales up 45%. Paphos followed at 30%, while Larnaca recorded a 27% rise.

Cyprus property market remains strong

Between January and September 2026, 14,969 sale contracts were lodged with district Land Registry offices. This was 14% more than the 13,173 recorded during the same period last year.

The increase points to continued demand for residential and commercial property across Cyprus.

Limassol remained the leading district, recording 4,860 contracts, up from 4,156 in the same period of 2025. Nicosia recorded 3,163, compared with 2,991 a year earlier. Paphos had 2,999 sales, up from 2,531, while Larnaca rose to 3,291 from 2,869. Famagusta recorded 656 contracts, up from 626.

The latest Land Registry figures show that Cyprus continues to attract strong property demand. Sales increased across all districts over the first nine months, despite Famagusta’s monthly fall in September.

Year-to-date market segment performance

All three buyer groups recorded year-on-year increases in sales during the first nine months of 2026.

Domestic sales

Every district recorded higher domestic property sales during the first nine months of 2026 than in the same period last year.

Limassol led, with sales up 18%. Famagusta followed with growth of 9%, while Larnaca rose 7% and Nicosia 5%. Paphos recorded the smallest increase, at 1%.

EU sales

Sales to EU buyers rose 20% during the first nine months of 2026 compared with the same period last year.

Paphos recorded the strongest growth of 39%. Larnaca recorded growth of 30%, followed by Nicosia at 12% and Limassol at 9%. Famagusta sales fell 17%.

Non-EU sales

Sales to non-EU citizens were almost twice as high as sales to EU citizens during the first nine months of 2026. Overall sales to non-EU buyers rose 19%.

Paphos and Larnaca each recorded a 22% increase. Limassol followed with growth of 18%, while Famagusta sales rose 17% and Nicosia recorded a 6% increase.

Overseas buyers’ trends

Purchases by EU and non-EU citizens combined accounted for 47% of all property sales during the first nine months of 2026.

Overseas demand was particularly strong in Paphos. EU and non-EU citizens bought 2,117 properties there, more than twice the 882 purchased by Cypriot buyers.

Long-term market segment performance

The long-term chart tracks the year-to-date performance of each market segment from 2008. The Department of Lands and Surveys began reporting separate figures for EU and non-EU buyers in 2018. Before then, purchases by all foreign buyers were grouped together as overseas sales contracts.

 

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