December 2025 brought a remarkable 24% surge in property sales across Cyprus, topping off a year of consistent growth that marked 2025 as the island’s most active real estate market since 2007. This resurgence highlights renewed buyer confidence amid evolving local and global conditions.
The year 2007 witnessed Cyprus reach a high-water mark with 21,245 property sales before the global financial crisis drastically altered the landscape. The worldwide economic downturn precipitated the collapse of property markets everywhere, and Cyprus was no exception.
Following the crisis, property transactions dwindled, hitting a nadir of just 3,767 sales in 2013—an aftermath exacerbated by Cyprus’s own financial turmoil. In 2013, a €10 billion bailout deal with the European Commission, the IMF, and the ECB triggered major restructuring, including the closure of Laiki Bank and the imposition of losses on uninsured bank deposits.
Since 2013, the Cyprus property market steadily recovered but encountered hurdles such as the impact of COVID-19 in 2020, the termination of the controversial Golden Passport scheme, and lingering structural issues like title deed delays and non-performing loans.
Official figures from the Department of Lands & Surveys highlight that 1,659 sale contracts were registered in December 2025, a notable rise from 1,339 during December 2024. Every district experienced growth:
Over the full year, property contract deposits increased by 15%, reaching 18,114 sales compared to 15,797 in 2024. This healthy rise was reflected across all regions:
From 2023 to 2025, growth was uneven among districts but positive overall. Nicosia led the way with a 32.5% increase in sales, followed by Larnaca’s 24.9%. Limassol’s sales showed a slight dip in 2024 before rebounding to net an overall 9.2% gain. Famagusta’s sales rose by 9.7%, while Paphos recorded a slower 5.8% rise.
These trends reveal the dynamic nature of Cyprus’s property market, where urban centres like Nicosia and coastal hubs such as Larnaca are driving momentum. Those exploring options may find attractive opportunities across various segments, from affordable apartments to larger properties and even plots of land for sale.
While the market shows encouraging signs of recovery and growth, prospective buyers should remain mindful of the sector’s complexities, including ongoing administrative delays and regulatory changes. Connecting with trusted platforms like INDEX.cy can help navigate these challenges, offering access to verified listings and in-depth market analytics.
In conclusion, the steady rise in property transactions marks 2025 as a milestone year for Cyprus real estate, underscoring renewed confidence yet highlighting the importance of well-informed decision-making.
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