Cyprus Residential Market Q2 2025: Focus Shifts to Quality and New-Builds

Cyprus Sotheby’s International Realty has published its Q2 2025 Insights Report, revealing a market increasingly driven by new constructions and premium properties. For the first time, new-builds have surpassed resales in transaction volumes, with mid- and high-end apartments and houses leading the growth.

Highlights from Q2 2025:

• Residential transactions surged, with house sales up 31% and apartments up 23% year-on-year.
• Prices remain strong, rising 11% for houses and 3% for apartments.
• Limassol continues to dominate in volume, while Pafos is emerging as the fastest-growing hotspot for high-end villas.
• Larnaca recorded the highest growth in transactions (+24% YoY), fuelled by new developments and infrastructure improvements.
• Nicosia maintains stable growth (+8% YoY), primarily supported by apartment demand.
• Famagusta shows a late but sharp price rebound in the premium segment.

“Buyers are increasingly prioritizing quality, location, and modern amenities, reshaping Cyprus’s residential market,” said Anastasia Yianni, CEO of Cyprus Sotheby’s International Realty.

The full Q2 2025 Insights Report, with detailed statistics and city-level trends, is now available.

Cyprus Sotheby’s International Realty
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