The latest data from the Department of Lands and Surveys shows that Cyprus’ real estate market continued its steady upward momentum in April 2025 — with gains across both domestic and international segments.
In total, 1,404 property sales were recorded in April, up 3% from 1,366 sales in April 2024. But the story goes deeper when you break it down by buyer type and district.
Domestic Market Snapshot
Home sales to Cypriot buyers remained relatively stable last month. A total of 852 domestic transactions were recorded, just slightly down from 855 in April 2024. Some districts grew, others dipped:
April 2025 Domestic Sales by District
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Nicosia: 303 (↑ 16%)
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Paphos: 96 (↑ 32%)
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Famagusta: 40 (↑ 33%)
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Limassol: 268 (↓ 17%)
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Larnaca: 145 (↓ 13%)
So far this year (Jan–Apr 2025), the domestic property market has grown by 11% with 3,318 sales, compared to 3,001 during the same period last year.
Year-to-Date Domestic Sales by District
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Nicosia: 1,091 (↑ 17%)
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Larnaca: 654 (↑ 17%)
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Limassol: 1,091 (↑ 6%)
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Famagusta: 122 (↑ 9%)
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Paphos: 360 (no change)
International Buyer Activity
Foreign demand remained strong in April, with 522 property sales — an 8% increase compared to April 2024’s 511 sales.
April 2025 Overseas Sales by District
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Limassol: 193 (↑ 65%)
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Nicosia: 51 (↑ 11%)
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Famagusta: 36 (↑ 33%)
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Larnaca: 130 (↓ 8%)
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Paphos: 142 (↓ 21%)
Year-to-date, international sales have climbed 13%, with 2,223 transactions logged between January and April (up from 1,962 the year before).
Overseas Sales YTD by District
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Limassol: 665 (↑ 25%)
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Paphos: 707 (↑ 6%)
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Larnaca: 531 (↑ 13%)
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Famagusta: 125 (↑ 15%)
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Nicosia: 195 (↑ 4%)
EU Buyer Breakdown
EU citizens made up a growing share of overseas buyers, with 186 purchases in April — a 28% increase from April 2024.
April 2025 EU Sales by District
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Limassol: 58 (↑ 132%)
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Famagusta: 15 (↑ 88%)
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Paphos: 56 (↑ 8%)
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Larnaca: 31 (↑ 3%)
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Nicosia: 26 (↓ 7%)
In total, 724 EU nationals bought property in Cyprus during the first four months of 2025 — a 29% jump from last year.
EU Sales YTD by District
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Paphos: 251 (↑ 41%)
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Limassol: 183 (↑ 38%)
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Larnaca: 131 (↑ 18%)
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Famagusta: 67 (↑ 56%)
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Nicosia: 92 (↓ 6%)
Non-EU Buyer Trends
Non-EU property purchases held steady in April at 366 transactions, the same number recorded in April 2024.
April 2025 Non-EU Sales by District
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Limassol: 135 (↑ 47%)
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Nicosia: 25 (↑ 39%)
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Famagusta: 21 (↑ 11%)
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Larnaca: 99 (↓ 10%)
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Paphos: 86 (↓ 32%)
From January through April, non-EU buyers closed 1,499 deals, up 7% from the same period in 2024.
Non-EU Sales YTD by District
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Limassol: 482 (↑ 21%)
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Larnaca: 400 (↑ 11%)
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Nicosia: 103 (↑ 16%)
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Paphos: 456 (↓ 6%)
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Famagusta: 58 (↓ 12%)
Key Insight
A standout trend is Paphos: in April, non-EU buyers outnumbered local buyers — a sign of the district’s enduring global appeal, especially for those seeking second homes or investment properties. The data also continues to reflect how Cyprus’ real estate landscape has shifted since 2008, with foreign buyers playing an increasingly influential role in shaping the market.
Final Thoughts
Despite minor dips in a few areas, Cyprus’ property market is on solid ground in 2025. Strong local demand and growing foreign interest — especially from EU buyers — are driving steady growth. Districts like Limassol, Paphos, and Larnaca remain investor favorites.
Source: Cyprus Property News
