Cyprus property sales hit 14,969 as Limassol and Paphos drive growth
Sale contracts rose 14 per cent in the first nine months of 2026, with Limassol and Paphos accounting for more than 65 per cent of the increase, land registry data show.
Land registry offices across Cyprus recorded 14,969 sale contracts between January and September, according to the department of lands and surveys, as reported by the Cyprus Mail. That compares with 13,173 in the same period of 2025 — an extra 1,796 deals and growth of 14 per cent, with every month of 2026 running ahead of its 2025 counterpart.
September alone saw 1,681 contracts filed, up 13 per cent year on year and well above August's 1,241, though still short of July's 2,040. Limassol remained the island's biggest market at 4,860 contracts for the nine months, while Paphos posted the fastest percentage growth at 18 per cent.
Larnaca had the strongest single month, with September filings up 29 per cent, and Nicosia added 172 contracts over the period. Famagusta was the outlier: September sales there dropped 20 per cent. Non-EU buyer activity climbed 26 per cent nationally, including a 45 per cent jump in Limassol.
What it means for residents
More transactions at higher prices mean the pressure on household budgets is unlikely to ease soon, particularly for anyone renting or trying to buy a first home.
- Rents and prices. The Central Bank of Cyprus reported residential prices up 8.5 per cent year on year in the second quarter of 2026, so tenants renewing leases should expect higher figures on the contract.
- Buying plans. With demand concentrated in Limassol and Paphos, buyers looking outside those districts may find more room to negotiate, especially in Famagusta.
- Construction costs. Cystat's materials index reached 123.09 points in August, up 3.39 per cent annually, which feeds into renovation and building quotes.
This text is written from the source article and is not a translation of it.
