Foreign Buyers Set New Record High in Cyprus Property Market as International Demand Soars

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Cyprus’s property market is witnessing its most significant influx of international investment in over 15 years, with foreign buyers accounting for a record volume of sales contracts. According to figures published by the Department of Lands & Surveys, November 2025 sales were up 7% compared to the previous year, solidifying 2025’s position to become the most active year for sales since the pre-crisis peak of 2007.


November Sales Segment Breakdown

An analysis of the 1,644 total sales contracts deposited in November reveals a dynamic distribution across local and international segments:

Buyer Segment November 2025 Contracts Percentage of Total Sales
Domestic (Cypriot) 939 57.1%
EU Nationals 264 16.1%
Non-EU Nationals 441 26.8%

Note: The total of 939 (Local) + 264 (EU) + 441 (Non-EU) is 1,644 contracts.

Non-EU buyers demonstrated particularly strong purchasing activity, filing 441 sales documents, which made up over a quarter (26.8%) of all transactions during the month.

International Demand Hits Record-Breaking Volume

The high activity in November pushes the year-to-date figures for foreign investment to an all-time high:

  • Record-Breaking Volume: In the first eleven months of 2025, foreign buyers (both EU and non-EU) purchased 6,603 properties. This is the highest number on record, surpassing any full-year figure since 2008.

  • Proportional Share: Foreign buyers accounted for 40.1% of all property sales in the year-to-date, a significant share that confirms the increasing dependence of the real estate sector on international clientele.

    • Non-EU buyers alone represent 26.6% of year-to-date sales (4,379 contracts).

    • EU buyers account for 13.5% (2,224 contracts).

Paphos Solidifies Foreign Investment Lead

The market analysis confirms shifting geographical preferences among international purchasers:

  • Paphos Dominance: The district of Paphos remains the clear preferred destination for overseas investors, with non-EU buyers once again outpacing local purchasers in terms of sales volume.

  • Shifting Interest: Conversely, Limassol and, to a lesser extent, Famagusta, appear to be experiencing a comparative loss of appeal among non-EU buyers, suggesting investors are diversifying to coastal cities that offer potentially higher rental yields or more favorable entry prices.

The data underscores that while the domestic market remains the majority segment, international demand, driven by non-EU nationals, is the primary source of the market’s current record-setting growth.

Source: Property News Cyprus

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