Cyprus property transfers reached €3.72 billion between January and September 2026, up 6.6% year on year. The number of transfers also rose by about 4.1%, according to the Cyprus Real Estate Agents Registration Council.
The Council, using figures from the Department of Lands and Surveys, also reported a 14% annual rise in sales contracts deposited across Cyprus. A total of 14,969 contracts were filed in the first nine months of 2026, compared with 13,173 in the same period of 2025.
Cyprus property market continues to grow
Council president Marinos Kineyirou said the property market was developing and supporting the growth of the Cypriot economy.
He said the increases in both the number and value of transactions were significant, following a strong year for the sector in 2025. Interest from both local and overseas buyers remained high, he added, and the signs suggested the market would finish 2026 on a positive note.
Limassol leads in property value
Limassol recorded the strongest performance by value. Property transfers there were worth €1.44 billion in the first nine months of 2026, representing 38.7% of the national total.
The district recorded 3,808 transfers. Sales contracts rose 17% year on year to 4,860.
Nicosia records the most property transfers
Nicosia had the highest number of property transfers, at 4,507. Their total value reached €811.85 million, placing the district second behind Limassol by value.
The number of sales contracts filed in Nicosia rose 6% year on year to 3,163.
Paphos records high-value property transfers
Paphos recorded 2,699 property transfers, fewer than Nicosia, Limassol and Larnaca. Their total value was €755.5 million, indicating a relatively high average value per property, the Council said.
Sales contracts in Paphos increased 18% year on year to 2,999.
Larnaca sees strong sales activity
Larnaca recorded 2,876 transfers worth €525.1 million in the first nine months of 2026.
The number of sales contracts rose 15% to 3,291. This was the second-highest increase among the districts, after Limassol.
Famagusta market also grows
The free Famagusta district remained the smallest property market in the government-controlled areas of Cyprus. Transfers between January and September were worth €192.8 million, with 874 transactions recorded.
The number of sales contracts rose 5% year on year to 656.
