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Cyprus Property Market Sees Sustained Growth In February 2026

Market Overview

Property sales in Cyprus increased by 12% in February 2026 compared with the same month a year earlier, according to data from the Department of Lands and Surveys. A total of 1,537 properties were sold during the month, up from 1,371 in February 2025.

The latest figures follow an 11% increase recorded in January and a 24% rise in December 2025, indicating continued momentum in the property market at the start of the year.

Regional Dynamics

Limassol recorded the strongest growth among Cyprus districts, with transactions rising by 24% year on year. The district registered 482 property sales compared with 389 during the same period last year, maintaining the highest transaction volume nationwide.

Activity in the Famagusta district also remained strong. Sales increased by 21% to 63 transactions, although the pace of expansion slowed slightly compared with the 23% growth recorded in January.

Elsewhere, Paphos posted a 14% increase in sales, rising from 280 to 319 transactions. Growth in the district moderated compared with the 25% increase reported at the beginning of the year.

Nicosia recorded a more gradual increase of 5%, reaching 332 transactions from 315 a year earlier. Larnaca registered modest growth of 2%, with 341 properties sold compared with 335 in February 2025.

Year-to-Date Analysis

Across Cyprus, property sales during the first two months of 2026 increased by 11% compared with the same period in 2025. The strongest performance was recorded in the free Famagusta district and Paphos, where transactions rose by 22% and 19% respectively.

This performance follows a strong year for the property sector in 2025. A total of 18,114 sales documents were filed, the highest annual level since 2007 and a 15% increase compared with the 15,797 recorded in 2024. The latest data indicate that the Cypriot property market continues to attract both domestic and international buyers, with transaction activity remaining elevated across most districts.

Cyprus Expected Working Life Reaches 39.5 Years, Above EU Average

People in Cyprus are expected to spend 39.5 years in the workforce, around two years longer than the European Union average of 37.5 years, according to the latest Eurostat data for 2025.

The figure places Cyprus among the EU countries with the longest expected working lives.

Cyprus Ranks Above EU Average

Only a handful of member states recorded higher figures than Cyprus. The Netherlands topped the ranking at 44 years, followed by Sweden at 43.4 years, Denmark at 42.6 years, and Estonia at 41.5 years.

At the other end of the ranking were Romania with 32.7 years, Italy with 33.0 years, Bulgaria with 34.6 years and Greece with 35.3 years.

Gender Gap Remains Wider Than EU Average

Men in Cyprus are expected to remain in work for 42.1 years, compared with 36.7 years for women. The gap of 5.4 years exceeds the EU average gender gap of 4.1 years.

Across the bloc, Lithuania, Latvia and Estonia were the only countries where women were expected to spend longer in employment than men. Finland recorded the smallest positive gender gap at 0.7 years.

Italy posted the widest gap at 8.9 years, followed by Romania at 6.9 years, Greece at 6.7 years and Malta at 6.3 years.

Working Lives Continue To Lengthen

Between 2016 and 2025, expected working life in Cyprus increased by 3.5 years, placing the country among the strongest performers in the EU over the period. Men’s expected working life rose by 3.3 years, while women’s increased by 3.6 years.

Across the EU, every member state recorded an increase. Malta posted the largest gain at 4.9 years, followed by Hungary and Ireland at 4.2 years each, and the Netherlands at 4.1 years.

Malta’s increase was driven largely by women, whose expected working life rose by 7.8 years, the biggest increase recorded across the bloc.

By comparison, Romania, Spain, Italy, Germany and Austria recorded gains of two years or less over the same period.

Women’s Working Lives Increase Faster Across Europe

Women’s expected working life increased faster than men’s in most EU countries. Denmark, Romania, Sweden and Greece were the main exceptions.

In Cyprus, gains for men and women were broadly similar, alongside Bulgaria, Belgium and Slovenia.

Uol
The Future Forbes Realty Global Properties
eCredo
Aretilaw firm

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