Alpha News

Cyprus Property Market Surpasses €4.7 Billion in Transfers in 2025

Published January 23, 2026, 08:29

The property market in Cyprus experienced significant growth in 2025, with a 15% increase in the number of sale agreements filed island-wide, reaching 18,114 compared to 15,797 in 2024. The value of transfers increased by approximately 10%, exceeding €4.7 billion. The President of the Real Estate Registration Council, Marinos Kynaigirou, highlighted the resilience and attractiveness of the sector, as well as the increase in investments in high-value properties. However, he warned of potential stabilization in 2026 and emphasized the need for affordable housing, as prices have risen. Nicosia recorded the highest increase in transfer value, reaching €1.1 billion, while Limassol maintained its lead in overall transactions with €1.7 billion. Paphos showed downward indicators, while Larnaca continued its upward trend.