Cyprus Property Market Shows Strong Resilience Amid Global Uncertainty

Robust Growth Amid Challenging Conditions

Despite escalating geopolitical tensions and wider market instability, Cyprus’s property market has demonstrated remarkable fortitude during the first half of 2025. Notably, sales documents have surged by 16% year-over-year, while the total value of property transfers has neared €2.3 billion, underscoring a sustained and vigorous demand.

Paphos and Limassol Lead the Charge

Paphos has maintained its upward trajectory, recording €485 million in transfer values and a 20% increase in sales documents to 1,653. This performance spans both permanent residential investments and tourism-driven projects. Concurrently, Limassol has emerged as a critical hub with the highest transfer value at €809.3 million and the largest number of filed sales documents at 2,725, reflecting its strong allure for investors.

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Steady Activity in Major Districts

The Cyprus Real Estate Agents Registration Council, referencing data from the Department of Lands and Surveys (DLS), confirmed that a total of 8,729 sales documents were filed between January and June 2025, a marked improvement from 7,553 in the same period last year. Although the number of transfers saw only a modest increase of 0.5%, their total value effectively rose by nearly 10%.

Further highlighting regional dynamics, Nicosia recorded the largest transfer volume at 2,859, valued at €554.8 million, fueled by consistent demand from local buyers. Larnaca experienced the most rapid growth with a 24% year-on-year increase in sales documents—totaling 1,948—and transfer values reaching €324 million. Meanwhile, Famagusta, known for its appeal as a destination for holiday homes, reported €104.6 million in transfer values alongside an 11% increase in sales documents.

Looking Ahead

Council president Marinos Kineyirou expressed confidence in the market’s trajectory, stating, “Despite geopolitical tensions and wider instability during the second quarter, the property market has held its momentum and continues to perform remarkably well.” He noted that robust purchasing interest, particularly in the housing sector, coupled with a proactive supply response, has helped moderate price pressures. Provided no unexpected disruptions occur, 2025 is anticipated to remain a robust year for Cyprus real estate.

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Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

by THEFUTURE.TEAM

September 18, 2026

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

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Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

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