Robust Property Sales Surge In Cyprus Reflect Market Resilience

by THEFUTURE.TEAM

February 3, 2026

Strong Start To 2026 In Cyprus Real Estate

Property sales in Cyprus have recorded a significant double‐digit increase as the new year unfolds, with transactions rising by 11 percent in January compared to the same period last year. According to data from the Department of Lands and Surveys, the market evidenced robust momentum at the start of 2026.

Consistent Growth Across Key Districts

The overall number of properties sold reached 1,411 in January this year, up from 1,275 in January 2025. This follows a 24 percent year-on-year increase recorded in December 2025 and a 9 percent rise in November. Notably, Paphos emerged as the leading region, registering a 25 percent surge with 318 transactions compared to 255 the previous year.

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Regional Trends And Market Dynamics

The free Famagusta area also demonstrated strong performance, with sales increasing by 23 percent to 69 properties from 56 in January 2025. Meanwhile, Larnaca experienced a steady upward trend, with transactions rising by 11 percent to 288 units from 259. In contrast, Nicosia saw a more modest growth of 5 percent, moving from 276 to 291 transactions. Limassol, maintaining its status as the district with the highest number of sales nationwide, observed a mild increase of 4 percent, with a total of 445 properties sold compared to 429 a year earlier.

Historical Context And Future Outlook

The current monthly performance builds on the remarkable trends of 2025, a year that saw property sales reach their highest levels since 2007. Annual sales totaled 18,114 units in 2025, an increase of 15 percent from 15,797 in 2024. This sustained upgrade across the board underscores the resilience and dynamism of the Cyprus property market as it navigates both domestic and global pressures.

As investors and stakeholders continue to eye Cyprus as an attractive destination, these figures not only reflect a recovering market but also point to a deeper, evolving confidence in the region’s real estate potential.

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Cyprus Introduces €200 Million Support Measures To Cut Energy And Food Costs

by THEFUTURE.TEAM

March 27, 2026

Comprehensive Relief Measures For A Resilient Economy

The government of Cyprus introduced support measures exceeding €200 million to reduce household expenses and support key sectors. The package targets energy costs, food prices, tourism and agriculture. Measures come in response to rising costs and supply pressures. Implementation begins in April and May 2026.

Energy And Fiscal Reforms

The government will reduce VAT on electricity for households to 5% from May 1, 2026, to March 31, 2027. The measure is expected to lower energy bills. Special consumption tax on transport fuels will decrease by 8.33 cents per liter between April and June 2026. Policy targets fuel-related costs.

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Broadening The Zero VAT Initiative

Authorities will expand the list of products with zero VAT. Meat, poultry and fish will be included from April 1 to September 30, 2026. Existing zero-VAT categories already include fruits and vegetables. The government also decided not to introduce a green tax on fuels, avoiding an additional cost of about 9 cents per liter.

Sector-Specific Supports

The package includes a 30% wage subsidy for hotel employees for April 2026. Measure supports tourism businesses during the early season. Support for airlines aims to maintain connectivity with key destinations. The agriculture sector will receive subsidies covering 15% of costs for fertilizers and supplies in April and May.

Economic Stability, National Security

President Nikos Christodoulidis said economic stability remains a priority for the government. He noted that growth, fiscal balance and inflation trends support current policy decisions. Statement links economic policy with broader national priorities. The government continues to monitor external risks.

Ensuring Consumer Protection

Furthermore, the government has mandated rigorous market oversight and intensified inspections to prevent exploitative pricing during this period of economic intervention. This proactive stance ensures that the benefits of the measures directly serve the citizens without unintended inflationary impacts.

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