Cyprus property sales hit 16,741 in ten months as October deals rise 8%
Buyers lodged 1,772 sale contracts with Land Registry offices in October, up 8% year on year, taking the 2026 total to 92% of all deals recorded in 2025.
October saw 1,772 contracts of sale deposited at Land Registry offices around the island, an 8% increase on the 1,638 lodged a year earlier, according to an analysis of Department of Lands and Surveys figures by the platform BuySell. Over the first ten months of 2026 the count reached 16,741, which is 13% ahead of 2025 and already 92% of the 18,114 sales recorded in the whole of last year.
Limassol remains the busiest district with 5,406 contracts between January and October (+16%), while Paphos posted the fastest growth at 18%, reaching 3,374. Completed transfers in January–September were worth €3.46 billion, with Limassol accounting for €1,388 million — about 40 cents of every euro spent on property.
Foreign buyers signed 6,994 contracts in the ten months, roughly two in five of all sales, with purchasers from outside the EU up 19%. The Central Bank of Cyprus put annual house price growth at 8.5% in the second quarter, and the average rate on new housing loans eased to 3.88% in September.
What it means for residents
Demand is running well above last year's pace, and that has a direct bearing on anyone renting, buying or selling a home on the island. Prices are still climbing and competition is strongest where foreign interest concentrates.
- Buyers: get a mortgage indication early — most new loans now come with a rate fixed for more than a year, and the average stood at 3.88% in September.
- Sellers: Limassol and Paphos still draw the most interest, but asking prices should stay realistic as supply from new building permits starts to arrive.
- Renters: in districts with heavy foreign demand, rental pressure is unlikely to ease soon; budget for renewals well ahead.
This text is written from the source article and is not a translation of it.
