The Cyprus real estate sector demonstrated remarkable strength throughout 2025, with the total value of property transfers reaching an impressive €4.7 billion. According to the latest annual report from the Real Estate Agents Registration Council of Cyprus, the market successfully navigated global economic volatility to maintain a robust growth trajectory.
Data from the Department of Lands and Surveys reveals a significant 15% year-on-year increase in sales activity. A total of 18,114 sale contracts were filed across the island in 2025, up from 15,797 in 2024, signaling sustained confidence from both local and international investors.
Market Dynamics: Quality Over Quantity
While the total number of property transfers saw only a marginal increase of 0.77%, the total transaction value jumped by approximately 10%. This gap indicates a clear market shift toward premium, high-value real estate.
“The 2025 data provides undeniable proof of the sector’s resilience,” stated Marinos Kynaigeirou, President of the Real Estate Agents Registration Council. “The market has not only absorbed international economic shocks but has solidified property as a premier safe-haven investment.”
Regional Performance: District-by-District Breakdown
The 2025 performance highlights a “two-speed” market where different districts cater to diverse buyer profiles.
| District | Transfer Value (2025) | Market Characterization |
| Limassol | €1.7 Billion | Leading the island in value; shift toward luxury assets. |
| Nicosia | €1.1 Billion | Major growth hub; value surpassed the €1bn mark for the first time. |
| Paphos | €968.8 Million | Steady investment hub; slightly softer turnover in completed transfers. |
| Larnaca | €698.5 Million | Sustained upward momentum; broad-based growth across segments. |
| Famagusta | €236.6 Million | Growing interest in high-value tourism-related properties. |
Growth vs. Challenges: The 2026 Outlook
Despite the celebratory figures, the industry faces a dual reality. While the premium segment is thriving, affordable housing remains a critical concern. Rising prices continue to put pressure on local households, a trend the Council expects to persist into 2026.
Key 2025 Statistics at a Glance:
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Total Sales Documents: 18,114 (15% Increase)
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Total Transfer Value: Over €4.7 Billion (~10% Increase)
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Top District by Value: Limassol (€1.7bn)
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Top District by Volume: Nicosia (5,917 transfers)
As the market enters a predicted period of stabilization in 2026, the focus is expected to shift toward balancing high-end investment with the urgent need for accessible residential options.
Source: Property News Cyprus