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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Larnaca Expands Tourism Projects With New Heritage And Digital Initiatives

by THEFUTURE.TEAM

August 28, 2026

The department has allocated an estimated €220,000 for restoration work at the Kanellopoulou mine gallery entrance and nearby mining facilities under the Interreg Greece-Cyprus 2021–2027 programme. The project covers the gallery entrance, ore-separation infrastructure, transport rails and an unloading area.

Village Projects Expand The Visitor Offer

Etap is also developing smaller projects, including the completion of Ayios Theodoros Farm, which will combine a village farm with a picnic area and introduce visitors to traditional agricultural life.

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The project follows Etap’s 2024 proposal to include Cypriot farm animals, native plants and traditional products. Other planned works include permanent sculptures at Mesoyios Artists’ Park and improvements to the Choirokoitia nature trail entrance.

Digital Access Expands Across Larnaca

Sixteen museums in the region have already been digitised, with the Ecclesiastical Museum of Athienou, Archbishop Georgios expected to join the platform before the end of the year.

Opened in July 2025, the museum houses icons, manuscripts, religious vessels, embroidery and vestments, including objects dating to the late 15th century. Visitors can also explore the region through the Larnaka 360° Cultural Walk, which connects virtual museums, storytelling statues and QR-coded routes.

Sustainability And Accessibility Projects Continue

Planned public-space projects include additional planting in Voroklini, improvements to Pyla’s coastal park and themed benches along Voroklini’s coastal walkway. An upgrade to the garden beside the tourism information office is also under consideration.

Etap is also planning further work at Livadia’s Kalamourgiki Memorial Museum and an accessible seating unit at Finikoudes. The Livadia museum already offers large-caption video screens, sign-language interpretation and a Braille booklet.

Tourism Links To Local Producers

Etap is seeking to strengthen links between tourism and local businesses through initiatives such as the CyFood B2B Forum. The wider programme combines heritage restoration, digital access, public-space improvements and accessibility projects across the Larnaca region.

Several initiatives are at different stages, from completed digital projects to planned infrastructure and visitor facilities.

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