Historic Surge in Cyprus Property Sales This April

The property market in Cyprus has recorded an exceptional performance in April 2026, with sales reaching levels never seen before. According to the Department of Lands & Surveys, a total of 1,611 property sale contracts were registered across the island’s Land Registry offices. This reflects a notable 15% rise compared to the 1,404 sales contracts documented in April 2025.

This remarkable figure not only sets a new record for April but also exceeds the long-standing previous peak of 1,556 contracts recorded back in April 2007—the strongest month in Cyprus’s property history to date—by 55 transactions.

These statistics encompass a broad spectrum of property types, including residential homes and apartments, commercial spaces like offices and retail units, warehouses, as well as land sales involving agricultural fields and building plots.

Regional Breakdown Shows Widespread Growth

Examining sales performance across key districts, the data reveals broadly positive trends. Paphos led the surge with a striking 41% year-on-year rise. Larnaca followed with a solid 21% increase. Meanwhile, Limassol saw a 10% uptick, Nicosia experienced a modest 2% rise, and sales in Famagusta held steady.

Strong Start to 2026: Year-To-Date Numbers

In the first four months of 2026, there were 6,320 property sales contracts submitted, representing a 14% increase over the 5,541 contracts from the same period last year. District-wide growth was consistent, with Famagusta exhibiting the highest increase at 25%, followed by Paphos at 18%, Limassol at 14%, Larnaca at 12%, and Nicosia at 11%.

Market Outlook Amid Global Uncertainty

Geopolitical tensions, particularly Trump’s ongoing conflict in Iran, are anticipated to exert upward pressure on Cyprus’s property prices, both for purchases and rentals. Although the market shows no signs of slowing down yet, a prolonged conflict could escalate construction costs and amplify international demand, further buoying prices.

Cyprus continues to be viewed as a safe and stable destination for investors and individuals seeking refuge from regional turmoil, underpinning strong demand across the board.

Buyer Profiles: Who’s Driving Sales?

Local Cypriot buyers remain the key contributors, responsible for 962 property transactions in April 2026—or just under 60% of total sales. EU nationals accounted for 12.2% (197 sales), while non-EU buyers contributed 28.1% (452 sales).

Historical data since 2018 also distinguishes clearly between EU and non-EU overseas buyers, revealing that international purchasers collectively make up over 42% of sales this year — an essential force supporting market growth.

Domestic Buyer Activity

April saw Cypriot buyers increase their purchases by 13% compared to the previous year, with 962 contracts lodged. While sales decreased slightly in Nicosia (-4%) and remained flat in Famagusta, other districts recorded notable increases: Larnaca (+37%), Limassol (+20%), and Paphos (+16%).

Year-to-date, Cypriot buyers have filed 3,627 contracts, a 9% rise from 2025 figures. Most districts posted gains, including a substantial 44% increase in Famagusta, with the exception of Paphos, which experienced a modest decline of 6%.

EU Buyer Trends

EU nationals’ activity grew by 6% in April with 197 sales. District-level data splits sharply: Paphos (+50%), Larnaca (+19%), and Nicosia (+12%) rose, but Limassol (-43%) and Famagusta (-7%) saw declines.

Year-to-date, EU buyers have increased purchases by 20%, reaching 872 contracts, with all areas except Famagusta (+25% in Larnaca, +39% in Paphos) reporting growth.

Non-EU Buyer Momentum

Non-EU buyers led growth with a 23% increase in April, lodging 452 contracts. Paphos (+64%) and Nicosia (+60%) showed particularly strong demand, alongside positive numbers from Limassol (+12%) and Famagusta (+5%). Only Larnaca experienced a slight dip (-1%).

For the year to date, non-EU nationals have submitted 1,821 contracts—up 21%—with every district posting gains, including a 36% surge in Famagusta, and increases in Nicosia, Paphos, Limassol, and Larnaca.

Overseas Buyers: Vital to Market Strength

International purchasers, both EU and non-EU, are essential drivers for Cyprus’s property market, collectively comprising 42.6% of sales so far in 2026. In Paphos, overseas buyers outnumber locals more than two-to-one.

April’s figures reflect Cyprus’s resilient property sector, buoyed by diverse demand from local residents and international investors alike, even amid broader geopolitical challenges.

Explore Your Options

Whether you’re interested in affordable villas and houses in Cyprus or looking to explore commercial property opportunities, the continued upward momentum presents a broad range of possibilities.