Cyprus’ real estate market showed an unexpectedly strong result in March. Despite concerns that regional tensions could cool demand, transaction activity continued to grow. According to eKathimerini, 1,719 property sales were registered across Cyprus in March. This is 10.3% more than in March 2025, when 1,559 transactions were recorded.

📊 Importantly, growth was visible not only in completed sales, but also in new sale agreements, which are often seen as an indicator of future market activity. In March, the number of new agreements increased by 18%, reaching 1,761 compared with 1,491 a year earlier. This suggests that demand remains strong not only in completed transactions, but also in the near-term sales pipeline.

📈 Key figures for March:

— 1,719 property sales were registered in Cyprus;
— sales increased by 10.3% year-on-year;
— 1,761 new sale agreements were signed during the month;
— the number of new agreements rose by 18%;
— total transaction value reached €414.7 million;
— transaction value increased by around 3% compared with March 2025.

🏙 The dynamics differed by city. Nicosia led in the number of transactions, with 551 sales registered in March, up 13.6% year-on-year. In Limassol, sales rose by 14.6% to 433 transactions. In Larnaca, 382 transactions were recorded, representing growth of 14.4%.

🏗 At the same time, transaction values did not grow evenly across cities. In Nicosia, the number of sales increased, but total transaction value fell by 8.7%. Limassol showed a similar pattern: more transactions were recorded, but their combined value declined by 10.2%. Larnaca, by contrast, showed more balanced growth: sales increased by 14.4%, while total transaction value rose by 14.1%.

📌 This is an important signal for the market. Growth in the number of transactions combined with lower total value in Nicosia and Limassol may indicate a shift in demand toward more affordable properties. Buyers remain active, but they are paying closer attention to budgets and entry prices. Larnaca looks stronger in this respect, as both the number of transactions and total transaction value increased at the same time.

🌍 Cyprus remains one of the notable real estate markets in the Mediterranean due to a combination of factors: a warm climate, a clear tax environment, rental demand, a well-developed market for foreign buyers, and the possibility of using property as an asset for living, investment, or capital preservation.

🏘 For buyers and investors, the March statistics show that the Cypriot market remains resilient even amid external uncertainty. At the same time, different cities offer different scenarios: Limassol remains an expensive and liquid market, Larnaca shows more balanced growth, while Nicosia may be attractive for those considering a purchase in the capital with a wider range of available properties.

🔎 You can explore available properties in Cyprus for living or investment on our website.