Politis

Property Transfer Value Exceeds €4.7 Billion in 2025 – Provincial Breakdown

Published January 23, 2026, 09:28
Property Transfer Value Exceeds €4.7 Billion in 2025 – Provincial Breakdown

The property market in Cyprus experienced significant growth in 2025, with a 15% increase in the number of sale agreements deposited island-wide. A total of 18,114 sale agreements were submitted, compared to 15,797 in 2024. The value of transfers increased by approximately 10%, exceeding €4.7 billion, despite a slight increase in volume (0.77%). The president of the Council for Registration of Real Estate Agents, Marinos Kynaigirou, stated that this growth demonstrates the resilience and attractiveness of the real estate sector in Cyprus, despite international challenges. The increase in the value of transfers indicates that the market is attracting investments in high-value properties. The province of Nicosia recorded the largest increase, with the value of transfers exceeding one billion euros (€1.1 billion), up from €950 million in 2024. It was followed by Limassol with a transfer value of €1.7 billion (up from €1.5 billion in 2024), while Paphos showed a downward trend, with a decrease in the value of transfers to €968.8 million (from €983 million in 2024). In Larnaca, the market continued its steady growth. A stabilization path is expected for 2026, with an emphasis on finding solutions for affordable housing, as prices have risen significantly.