September 2026 Sees Record-Breaking Property Sales Across Cyprus

The Cyprus real estate market reached a remarkable milestone in September 2026, with a total of 1,681 property contracts signed across the island. This marks the highest sales volume recorded in September since tracking began in 2000 and represents a 13% increase over last September’s 1,484 contracts.

Official data from the Department of Lands and Surveys reveals positive momentum in most districts, with Larnaca leading the growth wave while Limassol retains its position as the largest marketplace on the island.

Larnaca Outpaces Other Districts in September

Larnaca delivered the highest annual growth in property sales last month, increasing by 29% to 393 contracts compared to 305 in September 2025. Limassol followed with a solid 16% rise, reaching 506 sales from 436 the previous year.

Paphos and Nicosia recorded steady gains of 10% and 7%, with 345 and 374 contracts respectively. Contrarily, Famagusta experienced a 20% decline to 63 sales, marking its fourth month of consecutive decreases.

Breakdown by Buyer Categories

Property purchases increased across all buyer segments in September. Domestic buyers constituted the largest share with 976 contracts, representing 58.1% of total sales. EU buyers completed 210 purchases (12.5%), while non-EU buyers accounted for an impressive 495 contracts (29.4%).

Domestic Buyer Trends

Sales to Cypriot nationals rose by 10%, led by strong performances in districts excluding Paphos, which saw a 14% dip. Larnaca’s domestic sales increased by 34%, Famagusta by 26%, while Nicosia and Limassol rose modestly by 8% and 7% respectively.

EU Buyer Market Dynamics

EU nationals’ property acquisitions edged up by 4%, with gains in all districts except Famagusta, which dropped sharply by 85%. Notably, Nicosia bounced back with a 50% increase in sales, and Paphos grew by 17%.

Non-EU Buyer Surge

Non-EU buyers exhibited the strongest growth, surging 26% year-on-year. Limassol led with a 45% leap in sales, supported by 30% growth in Paphos and 27% in Larnaca. Nicosia and Famagusta, however, faced declines of 31% and 9% respectively.

Year-to-Date Market Overview: January to September 2026

Over the first nine months of 2026, Cyprus witnessed nearly 15,000 property contracts, up 14% from 13,173 in the same period last year. This robust growth highlights sustained demand across residential and commercial sectors.

Limassol remains the frontrunner with 4,860 contracts, followed by Nicosia (3,163), Paphos (2,999), Larnaca (3,291), and Famagusta (656).

Domestic Sales Year-to-Date

All districts recorded increases in domestic purchases. Limassol led with an 18% jump to 3,046 sales. Famagusta, Larnaca, and Nicosia posted healthy growth as well, while Paphos experienced a modest 1% rise.

EU Buyer Sales Year-to-Date

EU buyers boosted their activity by 21%. Paphos stood out with a 39% increase, Larnaca grew by 30%, and other regions reported moderate gains. Famagusta was the sole district with a decline, dropping 17%.

Non-EU Buyer Sales Year-to-Date

Sales to non-EU buyers nearly doubled EU buyer volumes and expanded 19% overall. Paphos and Larnaca both saw 22% growth, Limassol 18%, and Famagusta 17%. Nicosia also experienced a modest increase.

International Buyer Influence and Market Insights

EU and non-EU buyers together made up 47% of total property transactions in the first three quarters of 2026, emphasizing Cyprus’s strong appeal as an international investment destination. Particularly in Paphos, overseas buyers accounted for more than double the purchases of Cypriot citizens.

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Final Thoughts

The Cyprus property market continues its upward trajectory supported by diverse buyer profiles and rising interest across all districts except Famagusta’s recent softness. While regional variations exist, the overall trend portrays a vibrant sector with persistent demand — a positive signal for investors, developers, and homebuyers alike.

As always, staying informed through genuine, data-driven insights remains key when navigating Cyprus’s real estate landscape. Keep an eye on https://index.cy for comprehensive listings and trusted market updates.