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April turned out to be a record year for the Cyprus housing market

18.05.2026
Homesoverseas.ru editorial office
252
Official data published by the Department of Land and Geodetic Surveys show that 1,611 real estate purchase and sale agreements were submitted to the land registers in April. This is 15% more than the 1,404 contracts registered in April 2025.

The latest figure surpasses the previous April record of 1,556 sales, set in April 2007 (the strongest year in the history of the island's real estate market) by 55 transactions.

The statistics cover all sectors of the market, including residential real estate (houses and apartments), commercial assets (offices, retail premises, warehouses), as well as land sales (fields and building plots).

In the first four months of 2026, the total number of sales contracts submitted reached 6,320, which is 14% more than in the same period of 2025.

The escalation in Iran is expected to put additional upward pressure on the purchase and rental prices of real estate in Cyprus. A protracted conflict could lead to higher construction costs and increased external demand, potentially pushing property prices even higher.

At the same time, Cyprus continues to be considered a safe haven for individuals and companies seeking stability and protection from regional conflicts.

Who's buying: the structure of demand in April 2026:

  • Cypriots:962 sales(59.7% of all transactions)
  • EU citizens:197 sales(12.2%)
  • Non-EU citizens:452 sales(28.1%)

Dynamics by customer segments

Local buyers

Cypriots submitted 962 purchase and sale agreements in April 2026, compared with 852 in April 2025, an increase of 13%.

Growth by region:

  • Larnaca: +37%
  • Limassol: +20%
  • Pathos: +16%
  • Nicosia: -4%
  • Famagusta: unchanged

For 4 months of 2026:The Cypriots have submitted 3,627 contracts (+9% by 2025). Growth in all regions except Paphos (-6%).

The buyers are EU citizens

EU citizens submitted 197 contracts in April (+6% by April 2025).

Growth by region:

  • Pathos: +50%
  • Larnaca: +19%
  • Nicosia: +12%
  • Limassol: -43%
  • Famagusta: -7%

For 4 months of 2026:872 contracts from EU citizens (+20% by 2025). Growth in all regions except Famagusta (-21%).

The buyers are non-EU citizens

Non-EU buyers submitted 452 contracts in April (+23% by April 2025).

Growth by region:

  • Pathos: +64%
  • Nicosia: +60%
  • Limassol: +12%
  • Famagusta: +5%
  • Larnaca: -1%

For 4 months of 2026:1,821 contracts from non-EU buyers (+21% by 2025). Growth in all regions.

Foreign buyers remain key to the market

The latest data once again highlights the growing importance of foreign buyers in maintaining the dynamics of the Cyprus property market.

Together, EU and non-EU buyers accounted for 42.6% of all real estate transactions registered this year.

Pathoscontinued to stand out: Foreign buyers have purchased more than twice as many properties here as Cypriots.

In general, the April figures confirm the stability of the Cyprus real estate market: strong demand from both local and foreign buyers continues to support market growth, despite geopolitical uncertainty.

Source: Cyprus Property Buyers

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