Nicosia, Cyprus. Cyprus’ real estate market strengthened in 2025, with property transfer values exceeding €4.7 billion and sales documents rising 15% from 2024, according to the Real Estate Agents Registration Council.
Nationwide market figures
Citing Department of Lands and Surveys figures, the council said 18,114 sales documents were filed nationwide between January and December 2025, up from 15,797 in 2024.
The volume of transfers rose by 0.77%, while their total value increased by about 10%, which the council said pointed to growing interest in higher-value assets.
Council comments and 2026 outlook
Council president Marinos Kineyirou said the 2025 results showed the sector’s resilience and attractiveness, adding that the market absorbed shocks from the international environment and returned to a strong growth trajectory.
Kineyirou said the increase in transfer values indicated the market was increasingly drawing investment into high-value real estate, and added that momentum had carried into the new year while 2026 was expected to be a period of stabilisation.
He said affordable housing would be a key issue in 2026, citing rising prices and increasing difficulty for households seeking to acquire homes.
Nicosia performance
In Nicosia, the value of transfers rose to €1.1 billion in 2025 from €950 million a year earlier.
The number of transfers increased to 5,917 from 5,395, while sales documents for new properties rose to 4,115 from 3,527 in 2024.
What impact do you think rising transfer values will have on affordable housing in Cyprus?