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Construction and real estate in Cyprus

Cyprus property sales rose 14% in the first nine months

Author: Alexander Waxman·October 8, 2026·2 min read

Cyprus Mail reported on October 7, 2026 that the Cyprus property market continued to grow: 14,969 sale contracts were registered between January and September, 14% more than in the same period of 2025. In September alone, 1,681 contracts were lodged, 13% above last year’s figure. For investors, this is an important signal: demand is not based on one isolated spike, but on a market that has kept momentum through most of the year.

What happened

According to the Department of Lands and Surveys, activity in every month of 2026 remained above last year’s level. Limassol kept its position as the largest market: 4,860 contracts were registered in the district over the first nine months, a 17% year-on-year increase. Paphos recorded the strongest percentage growth among the main districts, with 2,999 contracts and an 18% rise.

Larnaca also strengthened: September sales rose by 29%, while the nine-month total reached 3,291 contracts. Together, these figures show that demand is not limited to a single centre, although the most liquid locations still capture most of the growth.

Why it matters for buyers

Limassol and Paphos accounted for 1,172 of the 1,796 additional contracts recorded nationwide, just over 65% of the total increase. This means buyers continue to prefer locations with clear rental demand, international interest and limited high-quality supply.

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Foreign demand is another important signal. In September, sales to buyers from outside the EU rose by 26% year on year. In Limassol this figure increased by 45%, in Paphos by 30% and in Larnaca by 27%. For the market, this supports prices and shortens the window for selecting strong properties.

What the ProNadlan strategy shows

For a private investor, the key conclusion is simple: the entry price is only one part of the decision. The depth of demand in a specific location matters just as much. At Pronadlan, we compare properties through the lens of liquidity, rental potential and future resale. For an investment search, it is better to start with areas where transactions, infrastructure and foreign demand are already visible.

The market is also supported by price growth. According to the Central Bank of Cyprus, residential property prices rose by 8.5% year on year in the second quarter of 2026, while apartment prices increased by 8.9%. This strengthens the case for selecting quality assets early, while the choice is still wider.

Investor takeaway

A 14% rise in sales over nine months is not market noise; it is confirmation of demand. The most interesting zones are where three factors meet: foreign buyers, rental demand and limited supply. For investors, the practical move is to act selectively: not to buy “any Cyprus”, but to choose specific areas of Limassol, Paphos and Larnaca with a clear exit strategy.

Source: Cyprus Mail

Alexander Waxman
Author:
Alexander Waxman

Founder of ProNadlan. New-build property selection and deal support in Cyprus: Limassol, Paphos, Larnaca.

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