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Cyprus Real Estate Sales Surge in Early 2025: A Data-Driven Insight

Cyprus has seen a notable uptick in real estate transactions in the first quarter of 2025, marking a 12% rise compared to the same period last year, according to the Department of Land and Surveys. This growth reflects the intriguing dynamics of the Cypriot property market.

While April 2025 saw a 3% national increase in sales, individual districts showed varied performances. Explore more on Cyprus property sales.

Regional Highlights

Limassol continues to lead with a 5% increase in April sales, contributing to a total of 1,756 transactions in early 2025. Meanwhile, Nicosia reported an impressive 15% jump in April sales, totaling 1,286 transactions.

Conversely, Larnaca and Paphos experienced declines in April but showed resilience over the four months with respective increases of 15% and 4%. In contrast, the Famagusta district stood out with a 33% boost in April sales.

Trends in Property Prices

The average price of new apartments in Cyprus experienced an 11% decline in 2024, landing at €281,000. In contrast, Famagusta saw price hikes for both apartments and houses, revealing a regional divergence in market trends. For an in-depth analysis, see our related insights on financial trends.

Market Dynamics

According to Landbank Analytics, a shift toward more affordable properties among local and foreign buyers is reshaping market dynamics, particularly in regions like Limassol. This trend indicates a broader movement towards more cost-effective living solutions in Cyprus.

Stay informed about property market shifts and financial trends by following our blog for the latest data and insights.

Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

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.

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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