Property sales in Cyprus reached their highest April level since 2007
📊 The key point is that April 2026 exceeded the previous April record set in 2007. At that time, during the market peak before the global financial crisis, 1,556 sale contracts were registered. The latest result is therefore 55 contracts higher than the previous April high.
The statistics include different types of real estate: apartments, houses, commercial properties, offices, retail premises, warehouses, land plots and development sites. However, for foreign buyers, the residential segment remains the most relevant, as it is directly linked to relocation, rental income, second-home purchases and long-term living on the island.
📍 Growth was recorded across almost all districts of Cyprus, although the pace varied significantly. The strongest result came from Paphos, where the number of transactions increased by 41% year-on-year. Larnaca followed with a 21% increase. Sales in Limassol rose by 10%, in Nicosia by 2%, while Famagusta remained broadly stable compared with last year.
The main April figures are as follows:
— 1,611 sale contracts were registered in total
— annual growth reached 15%
— the previous April record from 2007 was exceeded by 55 transactions
— Cypriot buyers completed 962 transactions
— foreign buyers from EU and non-EU countries completed 649 transactions
💼 Foreign buyers continue to play a particularly important role in the market. In April, Cypriot buyers accounted for around 60% of all transactions. Buyers from EU countries completed 197 contracts, while buyers from non-EU countries completed 452 transactions. Combined, foreign buyers generated more than 40% of monthly sales.
This structure shows that the Cypriot property market is not supported by domestic demand alone. Foreign buyers continue to view the island as a destination for living, investment, rental income and capital preservation within a European jurisdiction.
📈 In the first four months of 2026, Cyprus registered 6,320 property sale contracts. This is 14% more than in the same period of 2025, when 5,541 contracts were recorded. Growth was seen across all key districts: sales increased by 25% in Famagusta, 18% in Paphos, 14% in Limassol, 12% in Larnaca and 11% in Nicosia.
🌍 Sales to foreign buyers are also continuing to rise. In 2026, foreign buyers already account for 42.6% of all property transactions in Cyprus. Their role is especially strong in Paphos, where international buyers purchased more than twice as many properties as local buyers.
Paphos and Larnaca stand out against the broader growth trend. Limassol remains one of the island’s most expensive and prestigious markets, but more buyers are now considering more accessible coastal locations. These cities offer developed infrastructure, a clear rental market and a wide choice of properties for living or investment.
🏡 For foreign buyers, Cyprus remains one of the most stable real estate markets in the Mediterranean. The island combines a European jurisdiction, a mild climate, an English-speaking business environment and well-developed infrastructure for relocation.
Against this backdrop, the most in-demand segments include:
— apartments in Paphos and Larnaca
— villas for family living
— liquid properties in Limassol
— properties in areas where prices have not yet fully reflected the current level of demand
📌 The April record shows that the Cyprus real estate market is entering a new phase of growth. Unlike in 2007, today’s demand appears more diversified, supported by local buyers, foreign investors, relocators and families considering the island for long-term residence.
🔎 You can explore available properties in Cyprus for investment or living on our website.
Posted at:
19/05/2026, 09:44