Nicosia, Cyprus. Property sales in Cyprus rose 12% year on year in February 2026, with 1,537 properties changing hands, according to the department of lands and surveys. Separately, the government said it is assessing the economic impact of the crisis caused by the conflict with Iran.
February transactions and recent trend
A total of 1,537 properties were sold in February 2026, compared with 1,371 in February 2025. The February increase followed an 11% annual rise in January, after a 24% increase recorded in December 2025.
Limassol leads growth and volume
Limassol recorded the strongest annual growth in February, with sales rising 24% to 482 transactions from 389 a year earlier. The district also had the highest number of sales nationwide.
Government review of conflict-related economic impact
Government spokesman Konstantinos Letymbiotis said on Thursday that the Cyprus government is conducting ongoing assessments of the economic impact of the crisis caused by the conflict with Iran, adding that the duration of the crisis will determine the scale of consequences for the country.
Speaking during a briefing at the presidential palace, Letymbiotis said preliminary evaluations have already been carried out by the government. He said the issue concerns the entire region, the world and the European Union, and added that initial estimates have been made at the level of the Republic of Cyprus.
Letymbiotis said there was an initial briefing and exchange of views by Finance Minister Makis Keravnos during a cabinet meeting.
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