Cyprus’ real estate market continues to demonstrate positive momentum, supported by a balanced combination of domestic and international demand. July figures show that buyer activity remains strong, although performance varies considerably across the island’s individual districts.
Domestic buyers completed 1,211 property transactions in July, representing a 12% increase compared with the same month last year. Local purchasers accounted for 59% of all sales, confirming the important role of domestic demand in supporting overall market stability.
Limassol delivered the strongest regional performance, with domestic transactions rising by 39% year-on-year to 445 sales. Paphos followed with a 29% increase, while Nicosia recorded more moderate growth of 4%. In contrast, domestic sales declined by 13% in Larnaca and by 9% in the free district of Famagusta.
The year-to-date figures present an even more resilient picture. During the first seven months of 2026, every district recorded growth in domestic transactions, with Limassol maintaining a clear lead at 24% year-on-year.
International buyers also continue to provide significant support to the market. EU nationals completed 277 transactions in July, representing a 1% increase compared with the previous year. Declines in Famagusta, Limassol, and Nicosia were offset by particularly strong activity in Larnaca, where transactions by EU buyers surged by 91%, as well as a 16% increase in Paphos.
Over the first seven months of the year, Paphos recorded the strongest growth in purchases by EU nationals, rising by 46%, followed by Larnaca with an increase of 36%. These figures highlight the growing international appeal of both coastal markets.
Buyers from non-EU countries remain the main driver of Cyprus’ international property segment. In July, they acquired 552 properties, 15% more than during the same month last year. Nicosia was the only district to record a decline, with transactions falling by 16%, while Larnaca delivered particularly strong growth of 42%.
Since the beginning of the year, sales to non-EU buyers have increased by 19%, with every district reporting positive year-on-year performance. This confirms the continued importance of international capital to the development of the Cypriot property market.
Taken together, foreign buyers from both EU and non-EU countries accounted for 41% of all transactions during the first seven months of the year. This structure provides the market with a healthy balance between domestic and international demand, reducing reliance on any single category of purchaser.
Investment activity remains concentrated primarily in Paphos, Limassol, and Larnaca. Limassol continues to serve as the island’s main business and investment hub, Paphos retains its strong appeal among international buyers, while Larnaca is increasingly standing out for the pace of growth in overseas demand.