Cyprus property sales hit a record in the first eight months of 2026
Cyprus’ property market opened 2026 with record momentum: according to Cyprus Mail and BuySell analysis, 13,288 sale contracts were registered between January and August, 13.7% more than a year earlier. It was the strongest eight-month start on record, and August became the eighth consecutive month to beat the equivalent month of 2025.
What happened
In August, Cyprus registered 1,241 sale contracts, 10% more than in August 2025. That matters because August is usually the quietest month of the Cypriot year: many transactions are delayed until September and business activity slows. Even in that month, the market stayed above last year’s level.
The strongest local jump came from Larnaca: 299 contracts versus 221 a year earlier, a 35.3% increase. Paphos added 19.7%, while Nicosia rose 8.2%. Limassol slipped slightly in August, but over the full eight months it remains the island’s largest market: 4,354 contracts, roughly one third of all sales in Cyprus.
Why it matters for buyers
The market is not supported only by domestic demand. From January to July, foreign buyers signed 4,980 contracts, 20.3% more than a year earlier. Their share reached 41.3% of all registered contracts. In Paphos, foreign buyers accounted for almost 70% of demand, while in Larnaca and Famagusta the share was close to 46%.
For investors, this means liquidity is increasingly tied to the international buyer and tenant. This is especially visible in apartments: according to the Central Bank of Cyprus, apartment prices rose 10.8% year on year in the first quarter, while house prices increased by 3%.
What the market shows
The contract numbers are backed by real capital flows. Completed property transfers between January and July reached €2.70 billion, already 57% of the total transferred in all of 2025. Limassol kept its premium role with €1.084 billion, or 40 cents of every euro in completed transfers.
In practice, this points to two strategies. In Limassol, investors pay for depth, status and liquidity. In Larnaca and Paphos, the stronger signal is growth momentum and foreign demand. Buyers should therefore look beyond average prices and analyse the district, property type and exit scenario. A useful starting point is the ProNadlan investment section and current opportunities in Larnaca.
Investor takeaway
The record 13,288 contracts in eight months show that Cyprus remains in an expansion phase. The most important signal is not one strong city, but the combination of rising sales, foreign demand and stronger apartment price growth. For investors, the practical conclusion is to be selective: look for liquid apartments in districts where demand growth is not yet fully priced in.
Source: Cyprus Mail
Founder of ProNadlan. New-build property selection and deal support in Cyprus: Limassol, Paphos, Larnaca.