Breaking news

2025 Sets a Positive Trend for Cyprus Real Estate

The real estate market in Cyprus has surged forward in 2025, marking a significant 15% increase in property sales compared to the previous year. This remarkable growth in the first quarter is highlighted by the 4,137 sale documents filed, as per reports from the Registration Council of Real Estate Agents.

While there was a slight decrease of 2.9% in transaction volume, the sales value saw a robust increase of 15%, surpassing €1.1 billion annually. This promising start to the year reflects sustained demand and better alignment of supply to market needs.

Insights from Regional Markets

Limassol continues to dominate the market, boasting the highest value transfer at €428.7 million and leading in documentation volume with 1,295 sale filings. Additionally, the city recorded 1,203 transaction volumes, underscoring strong investment activities.

In Nicosia, stability reigns with 1,304 transactions valued at €283.5 million. The city attracted 932 new sale documents, reflecting keen interest in fresh developments.

The momentum from previous years carries on in Paphos, with 811 transfers totaling €199 million. This shows lively activity in property purchase, fueled chiefly by international buyers.

Larnaca saw €154 million in transactions from 843 property transfers. The sale documents numbered 910, indicating rising demand bolstered by ongoing investments, as featured in Desalination Breakthrough: Addressing Water Shortages in Cyprus.

Though the Famagusta region ranked lowest with €48 million and 251 transfers, the growth trend persists. The 171 sale documents filed signal an appeal through lower prices and tourism-driven development.

Cyprus Tourism Revenue Edges Higher In June, But First-Half Decline Persists

Cyprus posted a marginal increase in tourism revenue in June 2026, ending a three-month run of declines. But the broader picture for the first half of the year remains subdued, with earnings from the sector down 11.4%, according to data released Monday by the Statistical Service.

June Returns To Growth

Based on the Passenger Survey, tourism revenue reached €423.1 million in June, up 0.2% from €422.3 million in the same month of 2025. The increase was modest, but it marked a return to positive territory after three consecutive months of contraction.

First-Half Performance Still Weak

Despite the improvement in June, the six-month trend remains negative. Tourism receipts for the January-June 2026 period stood at €1.2213 billion, compared with €1.3781 billion in the corresponding period of 2025.

That represents a drop of €156.8 million year on year, underscoring the pressure facing one of Cyprus’s most important sectors.

Spending Per Visitor Rises

On a per-capita basis, tourist spending in June 2026 increased to €863.62, up 2% from €847.01 a year earlier. The data suggest that while arrivals and revenues have been uneven, visitor value remains relatively resilient.

Key Markets Continue To Shape The Sector

The United Kingdom remained Cyprus’s largest source market in June, accounting for 33% of total arrivals. British visitors spent an average of €103.98 per day.

Israel was the second-largest market, with a 16.4% share of total arrivals. Israeli tourists recorded the highest average daily spend, at €174.27.

Poland ranked third, representing 7.3% of arrivals, with an average daily expenditure of €84.37 per visitor.

What The Numbers Signal

The latest figures point to a tourism industry that is stabilizing month to month, but has yet to recover fully over the year. For policymakers and operators alike, the challenge is no longer only attracting visitors, but sustaining higher-value demand across the season.

Aretilaw firm
The Future Forbes Realty Global Properties
Uol
eCredo

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter