REAL ESTATE TRANSFERS EXCEEDED €4.7 billion IN 2025 - THE PICTURE BY PROVINCE

 Filenews 23 January 2026

The sign of 2025 was positive for the real estate market in Cyprus. The performance recorded reflects the great dynamics that developed as on an annual basis after there was an increase of 15% in the number of sales documents submitted nationwide in the period January – December.

As shown by the data of the Department of Lands and Surveys, which are processed and presented on a quarterly basis by the Real Estate Agents Registration Council, in 2025 a total of 18,114 sales documents were submitted compared to 15,797 in 2024. As far as transfers are concerned, a slight increase in volume by 0.77% was recorded, but a large increase of about 10% in their value, which exceeded €4.7 billion.

The president of the Real Estate Agents Registration Council, Marinos Kynaigerou, stated that "The picture of 2025 is the clearest proof of the resilience and attractiveness of the real estate sector. The market absorbed the shocks from the international environment and recorded a strong growth trajectory, confirming that real estate is a stable and secure investment option. In addition to the increase in buying interest, the increase in the value of transfers is also of particular importance because it shows that the market is now attracting investments in high-value real estate. The great momentum of 2025 remains in 2025 as each new year comes with new challenges and prospects. In 2026, we expect the market to follow a stabilization path. The big issue for 2026 as well is affordable housing. Prices have increased and solutions must be found for households, our compatriots, who find it difficult to acquire their own home."

The picture by province

In the province of Nicosia, the market moved at extremely high growth rates in 2025, as the value of transfers broke the barrier of one billion, reaching €1.1 billion. compared to €950 million. in 2024. At the same time, the volume of transfers increased to 5,917 transactions from 5,395 in the previous year, while interest in new properties was strong, with sales documents amounting to 4,115 compared to 3,527 in 2024.

In Limassol, which maintained the lead in the value of transactions, a significant increase in the value of transfers was recorded, which reached €1.7 billion. in 2025 from €1.5 billion. in 2024. However, the number of transfers experienced a slight decline, falling to 4,940 from 5,054 in 2024, indicating that fewer but more expensive transactions were carried out. In contrast, demand for new properties strengthened, as sales documents increased to 5,563 compared to 5,032 in 2024.

Paphos presented a more complex picture, as while sales documents increased to 3,567 in 2025 from 3,107 in 2024, transfer ratios moved downwards. Specifically, the value of transfers decreased to €968.8 million from €983 million, and the volume of operations fell to 3,415 compared to 3,727 in 2024.

In Larnaca, the market continued its steady upward trend at all levels. The value of transfers increased to €698.5 million. from €637 million, while the volume of transactions also increased marginally, reaching 3,855 from 3,775. There was a strong increase in sales documents, which amounted to 3,978 in 2025 compared to 3,356 in 2024.

Finally, in the free province of Famagusta, although the volume of transfers decreased slightly in 2025 to 1,177 transactions from 1,204 in 2024, their value increased to €236.6 million. compared to €214 million. in the previous year. Sales documents also recorded a positive sign, which increased to 891 from 775 in 2024.