Cyprus Property Market Hits a Record €6.5 Billion — What Buyers & Investors Should Expect in 2026
Cyprus Property Market Reaches Record €6.5bn in 2025
The Cyprus real estate market continues its strong upward trajectory, reaching a record €6.5 billion in total transaction value in 2025 — an 8% year‑on‑year increase. According to the latest PwC Cyprus report, both local buyers and foreign investors are driving this growth, with apartments dominating the market.
Why Apartments Lead the Market
Apartments accounted for nearly 60% of total market growth, driven by:
- Rising house prices pushing locals toward more affordable options
- Strong foreign demand for flexible, easy‑to‑rent properties
- High rental yield potential in coastal cities
Foreign buyer activity increased by 16%, with Paphos, Larnaca, and Limassol representing 80% of all international transactions.
Luxury Property Market Remains Strong
The luxury segment (properties above €1.5 million) recorded:
- 203 high‑value transactions
- A total of €550 million in sales
Limassol remains the leader, although its share dropped from 76% to 61%, while Paphos strengthened significantly, rising from 18% to 28%.
Regional Market Overview
- Limassol: Largest market share (41%)
- Paphos: Fastest‑growing foreign‑buyer destination
- Larnaca: Rapid development and rising demand
- Nicosia: Stable domestic market
These trends highlight a balanced and resilient property market across Cyprus.
What This Means for Buyers & Investors in 2026
Cyprus remains one of Europe’s most attractive real estate markets due to:
- Strong capital appreciation
- High rental yields
- Stable foreign demand
- Expanding infrastructure
Best opportunities:
➡️ Modern apartments in Paphos, Larnaca, and Limassol
➡️ Holiday‑rental‑friendly properties
➡️ New developments in coastal areas
Conclusion
With record‑breaking performance and sustained international interest, 2026 is shaping up to be an excellent year for both homebuyers and investors. Whether you’re seeking a permanent residence, a holiday home, or a high‑return investment, Cyprus continues to offer exceptional opportunities.
