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2025 Sets a Positive Trend for Cyprus Real Estate

by News Editor

April 26, 2025

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.

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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.

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European Commission Closes Cyprus Citizenship Program Infringement Case

by THEFUTURE.TEAM

March 16, 2026

European Commission Concludes Investigation

Cyprus has taken decisive steps to address the concerns raised by the European Commission over its former Citizenship-by-Investment Program. The Commission, following a thorough review of the allegations, announced on March 11, 2026 that it is closing the case related to alleged breaches by the Republic of Cyprus.

Regulatory Violations And Commission’s Stance

Commission Representative Mark Lambert was unequivocal during his remarks with CYPRUS PROFILE, stating that such citizenship investment schemes contravene EU law, as European citizenship must remain non-commercial and not subject to purchase. Despite suspending the issuance of investor citizenship in October 2020, Cyprus had not fully repealed the underlying legislation, triggering infringement procedures.

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Legislative Reforms And Resolution

The government of Cyprus responded by finalizing the processing of pending applications in 2021 and formally repealing the legal framework for the program, effective December 12, 2025. These timely reforms have effectively allayed the Commission’s concerns, prompting the closure of the infringement case.

Implications For EU Regulatory Compliance

This development underscores the EU’s stringent oversight of member state policies to ensure alignment with its fundamental legal principles. Cyprus’ swift legislative actions illustrate a commitment to upholding EU standards and bolstering confidence in the region’s regulatory framework.