Cyprus Real Estate Market Statistics

Official CYSTAT, Department of Lands and Surveys & Central Bank of Cyprus data

Last successful update 2 Sept 2026, 23:15

Source status

cbcHousingFinance — no new period · Latest period: July 2026
cbcRppi — no new period · Latest period: Q1 2026
cystatBuildingPermits — no new period · Latest period: April 2026
cystatConstructionMaterials — no new period · Latest period: July 2026
cystatHpi — no new period · Latest period: Q1 2026
dlsContracts — no new period · Latest period: June 2026
dlsForeignBuyers — no new period · Latest period: June 2026
dlsMortgages — no new period · Latest period: June 2026
dlsTransfers — no new period · Latest period: June 2026

Sources publish on different schedules, so each indicator carries its own reference period — shown on the card and in the tables.

Figures cover the areas under the effective control of the Republic of Cyprus. Statistics for Northern Cyprus are not included.

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Market highlights

Most sale contracts — Limassol: 727.
Fastest year-on-year growth in contracts — Limassol: +63.7%.
Highest foreign buyer share — Paphos: 43.7%.
Accepted transaction value across Cyprus changed by +45.5% year on year.
The Central Bank flats price index changed by +10.8% year on year, Q1 2026.
Permitted dwelling units changed by +90.1% year on year.

CYSTAT House Price Index

102.95

+3.4% year on year

Q1 2026Statistical Service of Cyprus (CYSTAT-DB)

CBC Residential Property Price Index

115.59

+6.4% year on year

Q1 2026Central Bank of Cyprus — Residential Property Price Index

RPPI — flats

124.64

+6.4% year on year

Q1 2026Central Bank of Cyprus — Residential Property Price Index

RPPI — houses

110.81

+5.2% year on year

Q1 2026Central Bank of Cyprus — Residential Property Price Index

Registered sale contracts

361

+28.0% year on year

June 2026Department of Lands and Surveys (data.gov.cy)

Contracts year to date

1,992

+20.5% year to date vs last year

June 2026Department of Lands and Surveys (data.gov.cy)

Completed transfer cases

395

+21.2% year on year

June 2026Department of Lands and Surveys (data.gov.cy)

Accepted transaction value

€105,994,835

+5.2% year on year

June 2026Department of Lands and Surveys (data.gov.cy)

Average accepted value per transferred property

€247,651

June 2026Department of Lands and Surveys (data.gov.cy)

Foreign buyer share

43.7%

June 2026Department of Lands and Surveys (data.gov.cy)

Market activity

Transactions: contracts, transfers and value

Sale contracts and completed transfers are different stages of the market. They are never added together.

Transfer cases — Monthly

Latest period: June 2026 · 395

Monthly
Rolling 12 months ÷ 12

Year to date

1,695

Last year: 1,736 · −2.4%

Declared and accepted value

€106M

Declared: €98M · Difference: €8.0M

District share

Nicosia609 (31%)
Limassol483 (25%)
Paphos395 (20%)
Larnaca368 (19%)
Famagusta101 (5%)

Transfer cases — By year and district
By year and district	Nicosia	Limassol	Larnaca	Paphos	Famagusta	All Cyprus
2025	5,917	4,940	3,855	3,415	1,177	19,304
2024	5,395	5,054	3,775	3,727	1,204	19,155
2023	5,130	5,364	3,842	3,328	1,160	18,824
2022	5,464	5,157	3,327	3,371	1,083	18,402
2021	5,530	4,409	2,694	2,592	1,010	16,235
2020	3,990	3,370	2,237	2,272	839	12,708
2019	4,332	4,262	2,875	3,081	895	15,445
2018	4,215	4,280	2,630	3,087	987	15,199

Prices

Price indices

The CYSTAT index and the Central Bank RPPI use different methodologies and are never merged into one series.

CYSTAT House Price Index (quarterly)

Q1 2026 · 102.95 · Previous year 3.4% · Previous quarter 1.6%

Central Bank of Cyprus RPPI (quarterly) — Paphos

All residential: 115.6 (+6.4%) · Flats: 124.6 (+6.4%) · Houses: 110.8 (+5.2%)

All residential
Flats
Houses

Construction materials price index

July 2026 · 123.0 · Previous year 3.3%

The CYSTAT and Central Bank indices use different base periods and methodologies. They are shown separately, with no rebasing.

Districts

District comparison

Each district for the latest available month.

Latest period: June 2026 · Permits: April 2026

Limassol€276M
Paphos€106M
Nicosia€101M
Larnaca€65M
Famagusta€28M

District comparison
District	Contracts	Contracts YoY	Transfers	Properties	Accepted value	Average per property	Flats YoY	Houses YoY	Foreign share	Mortgages	Permits	Dwelling units
Nicosia	392	+10.4%	609	664	€101M	€153k	+3.0%	+1.8%	7%	546	255	786
Limassol	727	+63.7%	483	573	€276M	€482k	+10.7%	+2.4%	20%	363	171	502
Larnaca	416	+5.6%	368	396	€65M	€164k	+11.7%	+5.1%	19%	255	100	321
Paphos	361	+28.0%	395	428	€106M	€248k	+6.4%	+5.2%	44%	157	85	105
Famagusta	68	−1.4%	101	106	€28M	€268k	+1.3%	−0.7%	19%	81	28	14

Buyers

Buyer origin

The unit counted here is properties — not buyers and not contracts.

June 2026 · EU buyers (excluding Cyprus): 63 · Third-country buyers: 124 · Other buyers: 241

EU buyers (excluding Cyprus)
Third-country buyers
Other buyers

"Other buyers" is total transferred properties minus properties transferred to foreign buyers for the same month. Negative or inconsistent results are not published.

Foreign buyer share by district

Paphos43.7%
Limassol20.1%
Famagusta18.9%
Larnaca18.7%
Nicosia6.9%

Properties with deposited contracts

June 2026 · EU buyers (excluding Cyprus): 97 · Third-country buyers: 160

Properties covered by contracts deposited by foreign buyers. Not compared with total contracts: those count a different unit.

Financing

Mortgages and financing

Mortgages registered with the Department of Lands and housing loans reported by the Central Bank of Cyprus are different datasets.

Mortgages

June 2026 · 157 · +1.3% · Average mortgage amount: €222k

Rate on new housing loans

July 2026 · 3.24% · New housing loan volume: €206M

Mortgages are registered with the Department of Lands and Surveys. Rates and volumes of new housing loans cover lending to households and are reported by the Central Bank of Cyprus.

Construction

Building permits

Permitted dwelling units are authorisations — not construction starts and not completed homes.

April 2026 · Building permits: 85 · Permitted dwelling units: 105 (+288.9%) · Authorised area: 22,676 m² · Authorised project value: €28M

Building permits
Permitted dwelling units

Permitted dwelling units — By district

Nicosia786
Limassol502
Larnaca321
Paphos105
Famagusta14

Sources

Sources and methodology

Every figure is imported automatically from an official source and stored normalized. No indicator is published without its source and reference period.

Sources

Updates

The import runs automatically on the 1st of every month at 06:00 Cyprus time (Europe/Nicosia), with retries until the 7th for sources that have not yet published a new period. If a source is unavailable or fails validation, the last valid version stays live.

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Normalized series with source and reference period

Definitions

A sale contract is registered at purchase; the title transfer happens later, sometimes years later. They are separate stages of the market and cannot be added together.

Number of buyers, number of properties and number of contracts are three different units. They are never mixed in any indicator on this page.

Calculated metrics

current_period / same_period_previous_year - 1
current_ytd / previous_year_same_months - 1
sum(last_12_complete_months)
district_value / national_value
accepted_amount / transferred_properties
total_mortgage_amount / mortgage_count
foreign_transferred_properties / total_transferred_properties
accepted_amount - declared_amount
total_transferred_properties - foreign_transferred_properties

What is deliberately absent

Average dwelling price, new-build sales, unsold inventory, months of supply, average rent in euro and price per m² are not published here: open official data contains no compatible series to derive them correctly.

This page is informational, based on official statistics, and is not investment or financial advice.