Nicosia, Cyprus. Cyprus property sales rose 11.9 per cent in the first five months of 2026, extending the market’s upward trend, although growth slowed in May. A total of 8,043 sales documents were filed at district land registry offices between January and May, compared with 7,185 in the same period of 2025.
Market performance
According to figures from the department of lands and surveys, the market remained well above pre-pandemic levels. In the first five months of 2019, 4,846 sales documents had been filed, meaning this year’s total was 66 per cent higher.
District trends
Limassol remained the largest market in absolute terms, with 2,537 sales documents filed in the January-May period, compared with 2,281 a year earlier and 1,768 in 2019. This marked an annual increase of 11.2 per cent, while sales were also 43.5 per cent higher than in the same period before the pandemic.
Nicosia followed with 1,749 sales documents, up from 1,655 in 2025 and 868 in 2019. As a result, sales in the capital rose 5.7 per cent year-on-year and were more than double their pre-pandemic level.
Meanwhile, Larnaca continued to record one of the strongest recoveries, with sales reaching 1,747 in the first five months of 2026, compared with 1,554 a year earlier and 670 in 2019. This represented a 12.4 per cent annual increase and a 160.7 per cent rise compared with 2019, the largest percentage increase among all districts over the seven-year period.
