Cyprus’ real estate market continues to demonstrate steady growth in early 2026, reinforcing the island’s reputation as one of the most attractive property investment destinations in Europe. According to the Department of Lands and Surveys, the number of property transactions recorded in February increased significantly compared to the same period last year, highlighting sustained demand from both domestic and international buyers.
In February 2026, a total of 1,537 property transactions were recorded across Cyprus. For comparison, 1,371 transactions were registered in February 2025, representing a year-on-year increase of 12%. This positive trend has been developing for several consecutive months. In January 2026, the market recorded an 11% increase, while December 2025 showed particularly strong growth of 24%. Overall, during the first two months of 2026, the market expanded by 11%, confirming the resilience of the sector and the continued confidence of investors.
Among the island’s regions, the strongest activity is concentrated in the key investment hubs. Limassol once again leads the market, remaining the most active and liquid real estate location in Cyprus. In February alone, 482 property transactions were recorded in the city, representing a 24% increase compared to the same month last year. Limassol continues to strengthen its position as the island’s primary business and investment centre, attracting international companies, high-income professionals, and large-scale development projects.
Paphos also continues to demonstrate strong performance, particularly among international buyers. In February, 319 properties were sold in the region, marking a 14% year-on-year increase. The city remains one of the most sought-after destinations for foreign investors, especially in the resort and premium real estate segments.
A notable rise in activity was also observed in the free area of Famagusta, where transactions increased by 21% compared to the previous year. The region is gradually strengthening its position in the market thanks to the expansion of tourism infrastructure and relatively competitive property prices.
The capital city, Nicosia, shows more moderate but stable growth. In February, 332 property transactions were recorded, reflecting a 5% increase compared to the same period last year. The market here continues to be driven primarily by domestic demand, supported by professionals working in the administrative and business centre of the country.
Larnaca also maintains steady growth dynamics. The region recorded 341 property transactions in February, representing a 2% increase year-on-year. In recent years, Larnaca has been steadily improving its investment appeal due to large-scale infrastructure upgrades, the redevelopment of its seafront areas, and the launch of several new residential and mixed-use projects.
When analysing the performance since the beginning of 2026, the strongest growth is evident in Cyprus’ coastal regions. The free area of Famagusta leads with a 22% increase in transactions, followed closely by Paphos with a 19% rise. These figures underline the growing investor focus on resort destinations, where property investments combine strong rental potential with long-term capital appreciation.
Overall, the current market indicators suggest that Cyprus real estate continues to be viewed as a stable and attractive investment asset. A combination of strong demand, ongoing infrastructure development, favourable tax conditions, and a high quality of life positions the island as one of the most compelling property investment markets in Europe. For investors, this represents not only an opportunity to diversify capital but also to participate in a real estate market with solid long-term growth potential.