Market Overview
The Cyprus real estate sector exhibited considerable strength in 2025, with the overall property transfer value surpassing €4.7 billion and a 15% increase in sales documents compared to the previous year. According to the Real Estate Agents Registration Council, 18,114 sales documents were recorded nationwide, up from 15,797 in 2024, underscoring robust market activity and sustained momentum.
Surge In High-Value Transactions
Although the number of transactions experienced only a marginal rise of 0.77%, the total value of transfers surged by around 10%. This significant increase in overall value highlights a growing investor focus on higher-end properties. Marinos Kineyirou, President of the Real Estate Agents Registration Council, remarked that 2025 clearly evidenced the sector’s resilience and its capacity to withstand international shocks while maintaining a strong growth trajectory.
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Regional Performance Insights
Within urban centers, Nicosia led a remarkable expansion, with transfer values rising from €950 million to €1.1 billion. The city also witnessed an increase in the number of transfers—from 5,395 to 5,917—and a noticeable uptick in interest in new properties, where sales documents grew from 3,527 to 4,115. Meanwhile, Limassol continued to dominate in transaction values, with overall transfer values increasing to €1.7 billion despite a slight reduction in transaction count, indicating a shift towards fewer, higher-priced deals. In contrast, while Paphos experienced an increase in sales documents, the total transfer values dipped marginally, and transaction volumes decreased. Larnaca and Famagusta, on the other hand, recorded steady gains in terms of both transfer value and sales documents, further emphasizing the diversified progression across the market.
Outlook And Challenges
Looking ahead to 2026, industry leaders predict a stabilization phase, with affordable housing emerging as a critical issue given the upward trend in prices and the mounting challenges for households aspiring to homeownership. As the Cyprus market continues to attract high-value investments, stakeholders are urged to balance growth with inclusivity, ensuring that the upward trajectory benefits a broad spectrum of buyers and investors.
