Cyprus Property Market 2026: €3.72 Billion in Sales

Cyprus Property Market Grows as Transactions Reach €3.72 Billion

Cyprus’ property market continued to strengthen in the first nine months of 2026, with property transfers reaching €3.72 billion, an annual increase of 6.6%. The number of transfers also rose by 4.1%, while deposited sales contracts climbed 14% to 14,969, compared with 13,173 during the same period in 2025.

According to the Cyprus Real Estate Agents Registration Council, based on figures from the Department of Lands and Surveys, growth was recorded across all five districts.

Limassol led in value, with €1.44 billion in property transfers and 4,860 sales contracts, up 17% year on year. Nicosia recorded the highest number of transfers at 4,507, worth €811.85 million.

Paphos saw 2,699 transfers valued at €755.5 million, while sales contracts increased by 18% to 2,999. Larnaca also experienced strong activity, with 3,291 contracts filed, a 15% annual rise, and transfers worth €525.1 million.

In the Famagusta district, 874 property transfers were recorded, valued at €192.8 million. Sales contracts increased by 5% to 656.

Council president Marinos Kineyirou said the figures reflected a developing property market that continued to contribute to Cyprus’ economic growth. With interest from both domestic and international buyers remaining strong, he expressed optimism that the sector would maintain its positive momentum through the end of 2026.