Cyprus real estate market continues to demonstrate resilience and positive momentum despite global geopolitical uncertainties. According to the latest data, 8,729 property transactions were recorded in the first half of 2025, marking a 16% year-on-year increase. The total transaction value reached €2.3 billion, up 10% compared to the same period last year.
Limassol Leads in Transaction Volume
Limassol remains the dominant force in Cyprus' estate landscape, maintaining its position as the island’s financial and commercial hub. Between January and June 2025, the city recorded 2,735 transactions with a combined value of €809.3 million, reflecting a 13% increase year-on-year. The city’s appeal lies in its modern infrastructure, high-quality residential and commercial developments, and a balanced mix of domestic and international investor interest.
Positive Dynamics Across All Key Regions
Paphos saw the most significant growth in transaction volume, with 1,653 properties sold, representing a 20% increase. This trend underscores Paphos' growing popularity among buyers seeking coastal properties, strong tourism infrastructure, and attractive rental yields.
Nicosia, while typically driven by local demand, registered 2,010 transactions, marking a 14% year-on-year increase. The capital continues to attract interest for both primary residences and long-term investments, particularly in the residential and mixed-use segments.
Larnaca posted stable performance with transaction values reaching €324 million, supported by large-scale infrastructure developments and increasing buyer activity. Meanwhile, Famagusta recorded an 11% increase in contract volume, with deals totaling €104.6 million, signaling renewed investor confidence in the area.
Stable Demand, Balanced Pricing Environment
According to Marinos Kineyirou, President of the Real Estate Agents Registration Council, Cyprus’ property market remains fundamentally stable. He noted that demand —particularly in the residential segment — remains strong, while a healthy supply pipeline is helping to moderate pricing pressures and prevent speculative overheating.
Investor Takeaway: A Market That Delivers Consistency
For the investors, Cyprus continues to offer reliable returns and a favourable risk profile. The consistent growth in transaction volumes across all major regions reflects the market’s depth and diversity of demand. Simultaneously, the expanding supply — driven by new development activity and improved permitting procedures — creates favourable entry conditions and minimizes volatility.