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Cyprus Real Estate Market Demonstrates Resilient Growth And High-Value Expansion In 2025

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.

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.

One In Three Cypriots Open To Using Digital Euro

Around one in three Cypriots say they would use the digital euro in their daily lives, despite limited awareness of the new form of money, according to the first islandwide survey published by the Central Bank of Cyprus.

With the first issuance currently expected in 2029, the findings suggest that public education will be crucial, particularly among people who rely more heavily on cash or have less experience with digital tools.

Awareness Remains Low

Some 61% of respondents say they have no knowledge of the digital euro, while just 1% consider themselves fully informed.

Awareness is higher among people under 65, those with tertiary education and employed respondents. Among those who have heard of the digital euro, awareness is also more common among men, higher-income and more highly educated people, as well as urban residents.

Social media is the leading source of information, cited by 49% of respondents, followed by television at 30%.

35% Would Use The Digital Euro

Despite the knowledge gap, 35% say they are willing to use the digital euro in their daily lives. This is particularly true among people under 45, employed respondents and those with higher education and incomes.

Among potential users, 41% would use it for purchases in physical shops, 40% for online shopping and 33% for person-to-person payments.

By comparison, 28% say they are somewhat or very unlikely to use the digital euro.

Privacy And Cash Are Main Concerns

The biggest concerns are the possibility of transactions being tracked and fears that cash could eventually be abolished, cited by 53% of respondents.

Another 38% are concerned about security, while 25% worry about managing their spending. Some 30% have significant concerns about the ease of using the digital euro.

For businesses, 9% say their willingness to accept digital euro payments would depend on factors such as cost, ease of implementation and demand, while 27% say they would not accept such payments.

Uol
Aretilaw firm
The Future Forbes Realty Global Properties
eCredo

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