Cyprus property sales: 16,741 contracts in 10 months

16,741 property sale contracts were filed in Cyprus during January–October 2026, 13% more than the 14,811 registered in the same period of 2025, according to Department of Lands and Surveys figures reported by DOM LiVE.

October contributed 1,772 contracts, up 8% from 1,638 in October 2025 (Cyprus Property News). Department data showed that each of the first ten months exceeded its corresponding 2025 month. The figures count contracts filed with the Land Registry rather than properties whose title transfers had already been completed.

October was the third-strongest month of 2026 so far, behind July’s 2,040 contracts (cyprus-mail.com). The October total was 91 contracts, or 5.4%, higher than September’s 1,681. June recorded the largest annual percentage increase, rising by approximately 27% from 1,544 to 1,964 contracts.

Key measure	Reported value
Sale contracts filed in October 2026	1,772
Sale contracts filed in October 2025	1,638
Contracts filed in January–October 2026	16,741
Contracts filed in January–October 2025	14,811
Residential property price index, Q2 2026 annual change	+8.5%
Average rate on new housing loans, September 2026	3.88%

Regional split

Paphos recorded the fastest growth: its volume rose 17.6% to 3,374 contracts from 2,869.

Larnaca registered 3,674 contracts, up 14.4%, while Nicosia rose 5.7% to 3,556. The Free Areas of Famagusta increased by only 1.2%, reaching 731 contracts from 722. All five districts recorded growth over the ten months.

Famagusta registered 75 contracts, down 21.9% from 96. October was its sixth consecutive month below the corresponding 2025 figure.

Foreign demand

Foreign buyers signed 727 of October’s 1,772 contracts, or 41%. That included 511 contracts from non-EU buyers, up 13% year on year, and 216 from EU buyers, down 7%.

Across the first ten months, foreign buyers signed 6,994 contracts, representing 42% of the total. Non-EU buyers accounted for 4,684 contracts, up 19%, while EU buyers signed 2,310, up 18%.

Completed transfers produced a lower foreign-buyer share than the contract figures. Foreign buyers took title to 3,433 of the 16,525 properties transferred in January–September 2026, or 20.8%, led by Paphos at 41.8% and Nicosia at 9.0%.

Transfer values

Completed transfers in January–September 2026 covered 16,525 properties through 14,764 transfer transactions. June was the strongest month at €541 million, while September ended at €437 million.

Limassol absorbed €1,388 million, or 40% of the property value transferred nationwide. Nicosia followed with €735 million, Paphos with €696 million, Larnaca with €480 million and Famagusta with €162 million.

Prices and mortgages

The Central Bank of Cyprus Residential Property Price Index recorded 2.4% quarter-on-quarter growth and 8.5% annual growth in Q2 2026. Apartment prices increased 8.9% from a year earlier, compared with 5.8% for houses.

Annual price growth was recorded in every district: Famagusta rose 10.0%, Larnaca 9.8%, Paphos 9.6%, Limassol 7.8% and Nicosia 5.7%. The Central Bank attributed the increase to strong demand, particularly from non-Cypriot buyers, and higher construction costs. It noted that residential units covered by building permits rose 63.7% to 8,978 units in January–May 2026.

The average interest rate on new housing loans fell to 3.88% in September 2026 from 4.16% in August. New loans for house purchases increased to €135 million from €114 million, or €164 million when renegotiated contracts were included. Only 9.8% of new housing loans carried a floating rate or a rate fixed for up to one year.

Cross-market readers can compare these borrowing costs with financing conditions in England’s mortgage market.

Department of Lands and Surveys registrations showed 11,402 mortgages worth €3.47 billion during January–October 2026. October alone accounted for 1,053 mortgages worth €335 million.