Property transactions reach €2.3bn in first half of 2025

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According to data processed by the Council for the Registration of Real Estate Agents from the Department of Lands and Surveys, the Cyprus real estate market experienced dynamic movement in the first half of 2025.

The value of transfers reached €2.3 billion, a 10% increase, and 8,729 sales contracts were filed throughout Cyprus, a 16% increase over the same period in 2024.

Marinos Kynaigirou, the president of the council, talked about the market’s strong buying interest, particularly in the residential market, and its consistent momentum in spite of global uncertainties.

Breakdown by district

With 2,725 contracts and €809.3 million in sales, Limassol was at the top of the list. Nicosia (€554.8 million), Paphos (€485 million), Larnaca (€324 million), and Famagusta (€104.6 million) came next.

Larnaca demonstrated a remarkable rise of 24%.

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