Philenews

Cyprus Property Transfers Exceed €4.7 Billion in 2025

Published January 23, 2026, 10:15
Cyprus Property Transfers Exceed €4.7 Billion in 2025

The real estate market in Cyprus demonstrated strong growth in 2025, with a 15% increase in the number of sale agreements submitted island-wide, reaching 18,114. The total value of transfers exceeded €4.7 billion, marking a 10% increase compared to 2024, while the volume of transfers rose by 0.77%. Marinos Kynaigirou, President of the Council for Registration of Real Estate Agents, highlighted the resilience and attractiveness of the sector, as well as the increase in investments in high-value properties. However, he cautioned about the challenges the market will face in 2026, anticipating a period of stabilization. Regarding performance by province, Nicosia recorded significant growth, with the value of transfers exceeding €1.1 billion. Limassol maintained its lead in transaction value, reaching €1.7 billion, while Paphos showed downward trends in both value and volume of transfers. Finally, Larnaca continued its upward trajectory, with increases in both the number of sale agreements and the value of transfers. The Council for Registration of Real Estate Agents recognizes the need for affordable housing and calls for solutions for households struggling to acquire their own homes.