Cyprus Property Market Reports 2026
Cyprus Property Market Reports 2026
Recent market reports indicate that the Cyprus property sector remains resilient despite global economic uncertainty.
According to the latest RICS Cyprus Property Index with KPMG for Q1 2026, property values recorded modest growth across all major asset classes, with apartments continuing to outperform houses and commercial properties. The strongest apartment price increases were recorded in Paphos and Famagusta, while Limassol and Nicosia experienced more moderate growth. Rental values also remained stable across most districts.
Data from the Department of Lands and Surveys shows that demand remains strong throughout 2026. During May alone, 1,723 property sale contracts were registered, representing a 5% increase compared to the same period in 2025. Foreign buyers continue to play a significant role in driving activity, particularly in Paphos, Limassol and Larnaca.
Key Market Statistics – 2026
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Property sales increased by approximately 5% year-on-year in May 2026.
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Foreign buyer demand remains strong across all coastal districts.
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Apartments continue to be the best-performing residential asset class.
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Limassol remains the leading district by transaction value.
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Larnaca continues to emerge as one of Cyprus' fastest-growing investment locations.
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Market analysts forecast annual property price growth of approximately 3% to 6% during 2026.
Transaction Value Report
Property transfer statistics for the first five months of 2026 reveal:
| Market Indicator | Jan–May 2026 |
|---|---|
| Properties Transferred | 8,502 |
| Sales Cases | 7,628 |
| Accepted Transaction Value | €1.83 Billion |
| Strongest Month | March 2026 |
| Leading District | Limassol |
The figures demonstrate continued investor confidence in Cyprus real estate, particularly in prime residential, commercial, and luxury property sectors.
District Performance Report
Limassol
Limassol remains Cyprus' most valuable property market, attracting international companies, technology firms, foreign investors, and high-net-worth individuals. It continues to record the highest transaction values on the island.
Paphos
Paphos continues to attract strong overseas demand and remains the most popular destination among many foreign buyers seeking investment properties, retirement homes, and permanent residency opportunities.
Larnaca
Larnaca is increasingly viewed as Cyprus' emerging investment hotspot. Major infrastructure developments, marina projects, and continued urban regeneration are driving investor interest. Many analysts consider Larnaca to offer some of the strongest long-term growth potential on the island.
Nicosia
The capital city continues to provide stable rental yields supported by government services, universities, and year-round business activity. The market remains less volatile than coastal regions and appeals to long-term investors.
Investor Outlook for the Remainder of 2026
Most market analysts expect Cyprus property prices to continue rising at a sustainable pace throughout 2026. Limited supply in key coastal locations, growing international demand, and continued economic expansion are expected to support further market growth.
While rapid price increases seen in previous years have moderated, current conditions suggest a healthier and more sustainable property market that continues to present attractive opportunities for investors seeking capital appreciation, rental income, and long-term wealth preservation.