Cyprus Real Estate Market Breaks Records: 10,561 Transactions in 7 Months

The real estate sector in Cyprus is booming, and from January to July 2025, the island recorded the highest number of property sales in the last 17 years. According to official data from the Cyprus Department of Land and Surveys, 10,561 transactions were registered in the first seven months of the year — 15% more than the same period in 2024 (9,210 transactions).

This dynamic indicates renewed confidence in the market, a stable economic situation on the island, and Cyprus’ attractiveness as a destination for living, business, and capital investment.

Where Real Estate Sales Are Growing: Regional Breakdown

Positive dynamics were recorded across all parts of the island. The highest activity from January to July 2025 was observed in the following cities and districts:

Record-Breaking July: Best Month in 18 Years

July 2025 was one of the most successful months for real estate investment in Cyprus, with 1,832 transactions — the highest monthly figure since November 2007. According to the Department of Land and Surveys, this is 11% more than in July 2024 (1,657 transactions).

• In Nicosia, growth reached an impressive 36%, especially compared to a modest 2% in June.
• Paphos accelerated from 13% to 16%.
• Meanwhile, Limassol showed signs of slowing down: growth declined from 13% to 5%.
• In Famagusta, growth dropped from 21% to 13%.
• Larnaca, which showed a sharp jump of 44% in June, recorded a slight decrease of -6% in July.

Conclusion: Is Now a Good Time to Buy Property in Cyprus?

Absolutely. The numbers speak for themselves: the market is active, stable, and continues to grow. Increased interest from buyers, including foreign investors, confirms that Cyprus is a reliable platform for real estate investment. Moreover, investing in property from €300,000 allows you to apply for Cyprus Permanent Residency (PR). Learn more: Cyprus Property for PR – What Types Qualify.

If you are considering buying an apartment, house, or commercial property — now is the optimal time, while the market is still growing and has not yet reached its price peak.

Legal Support for Buying Property in Cyprus

Feod Group is an international law firm with an office in Cyprus and more than 30 years of experience in real estate transaction support.
We speak your language, understand the local market, and work solely in your best interests.

With us, you get full “turnkey” legal support!
You may request a consultation at our Larnaca office or remotely.