Foreign demand for Cypriot real estate remains strong. According to data from the Ministry of Interior, between September 2024 and September 2025, 1,669 properties were sold to overseas buyers — a clear sign of the continued international confidence in the island’s property market.
Regional Breakdown and Buyer Profile
Out of the total, 962 transactions involved residential properties, with 385 sold to EU nationals and 577 to non-Europeans. The Paphos district continues to dominate, as international demand there remains one of the key drivers of price growth.
Land plot sales reached 350 transactions (218 to EU citizens and 132 to non-Europeans), while field sales added another 357 deals, mostly to Europeans.
EU nationals tended to focus on Limassol, whereas non-European buyers showed stronger interest in Larnaca, where demand has been steadily increasing over recent months.
Who’s Buying Where
Nationality data paints a familiar picture across Cyprus’ key districts:
· Nicosia – Greek buyers led with 403 transactions, followed by Romanians (112), Russians (80), and Lebanese (79).
· Famagusta – British nationals dominated with 220 purchases.
· Larnaca – emerging as a regional investment hub, with Israelis acquiring 850 properties, Lebanese 723, and British buyers 302.
· Limassol – remained the top choice for Russians (846 purchases), followed by Israelis (571) and Greeks (261).
· Paphos – once again led by British investors (890 deals), followed by Israelis (683) and Russians (327).
Interior Minister Constantinos Ioannou clarified that no hotel units were sold during the period, while full data on entire buildings could not be provided since many developments have not yet been registered with updated title deeds.
Market Overview
According to the Department of Lands and Surveys (DLS), 19,155 property transfer cases were recorded across Cyprus in 2024, covering 21,469 individual properties.
The declared transaction value amounted to €3.94 billion, while the value accepted for transfer-duty purposesreached €4.3 billion.
Limassol continues to lead both in volume and value:
· 5,054 transactions and 5,624 transferred properties,
· Total declared value of €1.43 billion and accepted value of €1.51 billion.
Other districts followed:
· Nicosia – €852 million declared (€950 million accepted),
· Paphos – €897 million (€983 million),
· Larnaca – €573 million (€637 million),
· Famagusta – €183 million (€214 million).
Cyprus Remains a Magnet for Global Investors
The DLS dataset “Foreign Buyers – Sales and Contracts of Sale 2024” further underscores consistent international activity.
A total of 6,754 foreign transactions were recorded last year, including 2,785 by EU nationals and 3,969 by non-EU buyers. The busiest month was July, when non-European investors filed 703 contracts, marking the year’s highest monthly figure.
These figures reaffirm Cyprus’ position as one of the most stable and attractive real estate markets in Europe. With its strategic location, favourable tax regime, strong rental yields, and steady infrastructure growth, the island continues to appeal to investors seeking long-term, high-quality opportunities in a secure environment.