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Cyprus Recorded 21,387 Property Transfers in 2025 Worth €4.73 Billion
Cyprus Recorded 21,387 Property Transfers in 2025 Worth €4.73 Billion

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On 18 September 2026 Cyprus's Ministry of Interior presented its 2025 property market results: 21,387 title transfers, roughly level with 2024 in terms of volume. The value side told a different story, up 10% to €4.73 billion. Interior Ministry director-general Elikkos Elia spoke on behalf of Interior Minister Konstantinos Ioannou, confirming that the government is revising the key planning frameworks that govern how building permits are issued and development projects approved, tying the reform directly to housing policy. ...

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Cyprus Property Sales Top 2,000 Contracts in a Month for the First Time in 2026
Cyprus Property Sales Top 2,000 Contracts in a Month for the First Time in 2026

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District land registries in Cyprus recorded 2,040 sale contracts in July 2026, up 11% year on year and the first month in 2026 to cross the 2,000 mark. Over the first seven months of the year, January through July, the island registered 12,047 contracts, up 14% from 10,561 in the same period of 2025. The growth has held steady across the year rather than showing up in one strong month. Paphos continues to outpace the other districts. It logged 395 contracts in July, up 15% year on year, and 2,387 over the seven-month period,...

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Permit Delays Add About €60,000 to a New Apartment's Price in Cyprus
Permit Delays Add About €60,000 to a New Apartment's Price in Cyprus

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CPDA chairman Yannis Misirlis laid out a calculation on 14 July 2026 that explains a lot about price trends on the island: delays in planning and permitting add roughly €60,000 to the average price of a new apartment, and none of it goes into a developer's profit. It's absorbed entirely as financing cost. The example he used was a 125-unit residential project: land cost €7 million, construction €25 million, for a total of €32 million. At a 6% cost of capital, which Misirlis calls "fairly conservative," the difference between a...

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Building Permits in Cyprus Jump 35% in January–April 2026
Building Permits in Cyprus Jump 35% in January–April 2026

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Cyprus's Statistical Service (Cystat) recorded a sharp rise in construction activity: 2,915 building permits issued between January and April 2026, up from 2,157 a year earlier, a 35.1% increase. The housing figures stand out even more. Planned apartments and houses approved for construction jumped 65%, to 7,131 units from 4,321 a year earlier. April alone accounted for 477 residential permits, bringing the year-to-date total to 2,154, up 33.6%. Non-residential permits rose more modestly, up 4.9%, from 243 to 255. ...

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The Cyprus real estate market slows down
The Cyprus real estate market slows down

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Negative values were recorded in some regions. Situation Danos International Property Consultants & Valuers state that the Cypriot real estate market is experiencing a downturn. This trend is being seen for the first time in the past 4 years, with prices starting to level out and decrease in some regions. This information is based on the results for the last quarter. Limassol Apartment prices in the priciest city in Cyprus dropped by 0.5% in Q2 2024 compared to the previous 3 months. There was a...

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Investors start purchasing apartments in Cypriot real estate more frequently
Investors start purchasing apartments in Cypriot real estate more frequently

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Apartments in Cyprus are more in demand than villas. The Cyprus Council for the Registration of Real Estate Agents has released data for Q2 2024 based on information from the Land Department. Apartments Number of properties sold: 489. Nicosia has the highest number of deals. Limassol is the priciest at €246,919 followed by Nicosia at €134,031, Larnaca at €133,058, Paphos at €122,846 and Famagusta at €109,804. Villas ...

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The most common housing fraud schemes in Cyprus: what foreign property buyers need to know
The most common housing fraud schemes in Cyprus: what foreign property buyers need to know

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Cyprus attracts the attention of foreign investors not only by its affordable prices but also because of the possibility of getting a residence permit. To obtain it, it is enough to buy a house worth €300,000 or more. However, local realtors note that unscrupulous cases of deception of future homeowners are becoming more frequent. We are talking about the fact that during the discussion of the transaction, it is stated that in order to obtain a residence permit, the real value of the property is important rather than the amount of...

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Cyprus property sales hit their 15-year maximum in Q2 — real estate prices are on the rise
Cyprus property sales hit their 15-year maximum in Q2 — real estate prices are on the rise

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The property market in Cyprus reached its highest level in the last 15 years at the end of the first half of the year. This is confirmed by the data in the report presented by the Central Bank of Cyprus (CBC). Prices for housing, especially flats, are actively growing, which is due to increased demand. Apartments, on average, rose in price by 3.1%. In Q2 2023, the Cyprus House Price Index (HPI) showed an increase of 1.5% compared to an increase of 2.1% in the previous quarter. On a year-on-year basis, property values increased by 7...

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Foreign investors stimulate the Cyprus real estate market
Foreign investors stimulate the Cyprus real estate market

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Despite rising interest rates on loans, inflation, and the difficult political situation in the world, the real estate market in Cyprus shows good results. According to analysts, from January to August this year in Cyprus, there were registered 11,655 real estate sales transactions, the total value of which reached €2.8 billion. The growth in sales compared to the same period last year amounted to 31%. While locals are cautious about buying real estate in Northern Cyprus, non-residents of the country are actively choosing objects on...

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In Q2 2023, property sales in Limassol (Cyprus) generated half a billion euros
In Q2 2023, property sales in Limassol (Cyprus) generated half a billion euros

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According to the latest Cyprus property market data, 1,383 properties were sold in Limassol in the second quarter of this year for a value of approximately €437.9 million. The sales are divided as follows: 499 apartments, 271 private houses, 183 plots, and 430 fields. Apartments yielded around €197.2 million, private homes €115.8 million, while land plots for construction and general purposes brought around €49.3 and 75.5 million, respectively. Apartments Limassol accounted for 26.6% of all apartment...

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