Nicosia, Cyprus. Cyprus’ property market continued to expand in July, when 2,040 sale contracts were lodged with Land Registry offices, up 11 per cent from a year earlier. Activity has exceeded 2025 levels in every month of 2026 so far.
July and seven-month figures
July was the strongest month of the year, surpassing the 1,964 contracts recorded in June and becoming the first month in 2026 in which the national total exceeded 2,000.
A total of 12,047 contracts were filed between January and July, compared with 10,561 in the corresponding period of 2025. This represented growth of 14 per cent, or 1,486 additional contracts.
Monthly sales increased by 11 per cent in January, 12 per cent in February, 18 per cent in March, 15 per cent in April and 5 per cent in May. Growth accelerated to 27 per cent in June before easing to 11 per cent in July.
Limassol and Paphos
Much of the increase was concentrated in Limassol and Paphos, which together accounted for more than 70 per cent of the additional contracts recorded nationwide during the first seven months.
Limassol remained the largest market, recording 695 contracts in July, up 20 per cent from 579 a year earlier. The figure was below June’s total of 727, when the district recorded a 64 per cent annual increase, the strongest monthly rise registered by any district during the period.
Between January and July, Limassol recorded 3,959 contracts, compared with 3,304 a year earlier, an increase of 20 per cent. The district accounted for 655 of the 1,486 additional contracts recorded across Cyprus.
Paphos recorded 395 contracts in July, up 15 per cent from 342 a year earlier. Its seven-month total rose by 20 per cent to 2,387, from 1,995.
Paphos recorded its only annual decline in March, when sales fell by 4 per cent. This was followed by increases of 41 per cent in April, 24 per cent in May, 28 per cent in June and 15 per cent in July.
