Cyprus property sales record double-digit gains in October

Property sales in Cyprus recorded an annual increase of 24 per cent in October, with all districts posting double-digit gains, according to official statistics published by the Department of Lands & Surveys.

October was one of the strongest months of 2025, with 1,638 property sale contracts deposited across Cyprus compared to 1,318 in October 2024.

All districts recorded gains:

Nicosia: 372 vs 297 (+25.3%)
Limassol: 490 vs 402 (+21.9%)
Larnaca: 342 vs 284 (+20.4%)
Famagusta: 96 vs 63 (+52.4%)
Paphos: 338 vs 272 (+24.3%)

If the market continues its upward trajectory, 2025 is poised to be the second most active year for property sales in more than two decades.

Total contracts of sale deposited – 2024/2025 Comparison (Oct)

In the first ten months of 2025, total sales rose 14 per cent to 14,811, compared with 12,952 in the same period last year, with all districts achieving double-digit gains.

Nicosia: 3,363 vs 2,890 (+16.4%)
Limassol: 4,646 vs 4,093 (+13.5%)
Larnaca: 3,211 vs 2,781 (+15.5%)
Famagusta: 722 vs 634 (+13.9%)
Paphos: 2,869 vs 2,554 (+12.3%)

Total contracts of sale deposited – 2024/2025 Year-to-Date Comparison

Property sales: market segment analysis

Domestic (Cypriot) buyers accounted for 955 sales in October – 58.3 per cent of total sales.

Foreign buyers from the EU filed 232 sales documents – 14.2 per cent of total sales, while foreign buyers from outside the EU filed 451 sales documents – 27.5 per cent of total sales in the month.

In the first ten months of 2025, domestic (Cypriot) buyers accounted for 8,913 sales – 60.2 per cent of total sales.

Foreign buyers from the EU filed 1,960 sales documents – 13.2 per cent of total sales, while foreign buyers from outside the EU filed 3,938 sales documents – 26.6 per cent of total sales in the first ten months of 2025.

As we reported yesterday, three draft laws have been submitted to the House of Representatives as part of an ongoing political effort to introduce tighter restrictions and enhanced oversight on property sales to non-EU nationals and companies with foreign interests.