August 2025 showed a slight overall dip of 1% in Cyprus property sales, according to the Department of Lands and Surveys. However, a deeper dive into the data reveals a more layered story where Limassol’s thriving real estate sector counterbalanced slower activity in other regions.
Domestic property transactions remained virtually unchanged year-on-year, with 649 contracts signed in August 2025 compared to 650 in August 2024. This overall steadiness masks a strong 46% surge in Limassol, which recorded 267 domestic sales, up from 183 last year. Conversely, other districts experienced declines: Famagusta (-33%), Larnaca (-36%), Paphos (-23%), and Nicosia (-6%). Despite August’s high temperatures exceeding 40°C, local buyer demand keeps the market resilient.
Property sales to non-citizens showed a modest 1% decrease in August 2025 with 479 contracts deposited, just shy of 485 in August 2024. Larnaca (+13%) and Paphos (+4%) saw increases, yet Limassol (-9%), Famagusta (-25%), and Nicosia (-9%) posted declines. Year-to-date, however, foreign sales are up 14%, indicating broader growth across the island.
Sales to EU nationals nudged upward by 3% in August, reaching 155 contracts, with Larnaca and Paphos reporting increases. Limassol and other districts showed slight drops. For non-EU buyers, a 3% fall was observed, primarily due to less activity in Limassol and Famagusta, though Larnaca and Paphos held steady or improved.
Over the first eight months of 2025, domestic sales climbed 12%, while international buyer contracts increased by 14%. Notably, EU national purchases surged 25%, reflecting heightened confidence. Even non-EU buyers logged a healthy 6% rise overall, underscoring Cyprus’ appeal as a long-term investment destination despite short-term fluctuations.
Paphos remains a hotspot for overseas buyers, consistently outpacing local demand, bolstered by its reputation as a premier destination for holiday homes and foreign investment. Meanwhile, geopolitical factors appear to be steering investment interest toward Larnaca and Famagusta, expanding focus beyond traditional property hubs.
Data from 2008 through 2025 illustrates that international buyers now play a crucial role in shaping Cyprus’ real estate market, influencing regional trends with their evolving preferences.
For those exploring a variety of options in Cyprus’ vibrant market, consider our listings of Cheap Houses and Villas for Sale Cyprus or explore Plots of Land for Sale to find your next investment or dream home.
Overall, while August’s figures highlight some cooling in specific regions and buyer segments, Cyprus’ property market remains underpinned by strong fundamentals and diverse demand drivers.
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