Real estate statistics Cyprus for the first quarter of 2026 point to steady growth across every major metric. 4,709 transactions were registered for the quarter, foreign buyer sales crossed 40% of the market, and apartment prices are climbing noticeably faster than house prices. Below is a breakdown by district, segment, and the official sources behind these figures.
What's Happened Since the Start of the Year
The market kept growing through the whole first quarter. January and February combined saw growth of 11% year over year, and March sales rose 18% year over year to 1,761 transactions. The quarter as a whole logged 4,709 transactions — growth holds up at both the monthly and quarterly level at the same time.
Why These Numbers Matter for Buyers and Investors
Housing market stats 2026 show more than a rising headline number — they reveal the structure of demand: the market is running on a combination of local and foreign demand at once. For a buyer, that translates into stiffer competition for specific properties, since activity in March picked up across most of the major districts. For an investor, the overall figure matters less than where the growth is concentrated — the gap between Limassol's scale and Famagusta's pace can point toward very different strategies.
Limassol Remains the Largest District
By transaction volume, Limassol is firmly in the lead: 572 sales in March, up 20% from a year earlier, and 1,499 for the full first quarter. The district outpaced Nicosia, Larnaca, Paphos, and Famagusta to remain the country's largest market by transaction count.
The district's share of the total is striking even without comparing it to the others: March's 572 transactions made up roughly a third of the entire month's national total of 1,761. That makes Limassol the key district for reading the market as a whole.
How Growth Breaks Down Across the Other Regions
Nicosia posted 442 transactions in March, Larnaca 365, Paphos 282, and Famagusta 100. The picture on year-over-year growth rates looks different from the picture on volume: Famagusta grew the fastest at 59%, followed by Nicosia at 30%, Limassol at 20%, and Larnaca at 16%. Paphos, by contrast, saw a small dip in March.
The practical takeaway: Cyprus's market isn't uniform even within a single month. The district that leads on scale doesn't necessarily lead on growth rate, and both numbers are worth tracking separately depending on the goal — stable liquidity versus short-term momentum.
What Share of the Market Goes to Foreign Buyers
Property sales data Cyprus for March shows foreign buyers account for a significant slice of the market: 732 of 1,761 transactions, or 41.6%. Across the full first quarter, sales to foreign buyers reached 2,044 transactions — confirming a sustained level of outside demand rather than a one-off spike.
Earlier CBC data for the fourth quarter of 2025 tells the same story: sales to foreign buyers grew 23.9% to reach 2,040 transactions. Foreign demand in Cyprus isn't a side factor — it's been one of the market's main drivers for several quarters running.
How Home Prices Are Moving
Price growth isn't even across property types. According to the Central Bank of Cyprus, the overall house price index rose 7.1% year over year in the fourth quarter of 2025, with apartment prices up 9.6% and house prices up just 3.4%. The gap widened further in the first quarter of 2026: apartments hit a fresh record at 11.4% year-over-year growth, while houses grew only 1.93%.
The practical takeaway: a single "housing market up X%" headline hides a real gap between segments. Anyone evaluating a specific purchase or investment should look at apartment and house figures separately — a blended index is too coarse for that.
What Building Permit Data Shows
Construction activity is an indirect signal of future supply. According to CBC data, residential building permits rose 36.1% between January and November 2025, reaching 14,401 units. That growth explains part of the current price pattern: new supply is gradually entering the market but hasn't fully caught up with demand yet — especially in the apartment segment, where price growth remains the sharpest.
Where to Find Official Data
For checking these figures independently or digging further into the Cyprus market, four sources cover most of what matters.
- Department of Lands and Surveys — official monthly and district-level transaction data.
- Central Bank of Cyprus — the House Price Index, mortgage statistics, and a price breakdown between new builds and resale.
- RICS Cyprus and KPMG — an independent price index and market commentary.
- CYSTAT — statistics on building permits and construction activity.
What This Looks Like in Practice
An analyst is putting together a quick market brief for an investment committee and comes across a headline reading "Cyprus housing market up 7%." Taken on its own, that figure says nothing about where to actually put money. Breaking the number down by source — DLS on transactions, CBC on prices split between apartments and houses, CYSTAT on building permits — gives the committee a sharper picture: the 7% average is really made up of nearly 12% growth in apartments and under 2% in houses, with Limassol still leading by transaction volume while Famagusta outpaces everyone on monthly growth.
That kind of breakdown, not the headline number, is what actually points toward which segment and region makes sense.
What to Keep in Mind When Using This Data
Every figure here is tied to a specific period — mostly the first quarter of 2026, with a few data points from late 2025. By the time you're reading this, official statistics may have updated. It's worth checking current numbers directly against the primary sources — DLS, CBC, CYSTAT — rather than treating these figures as a fixed baseline for future calculations.
The Bottom Line
The Cyprus property market is growing across every major metric at once in early 2026 — transaction count, foreign demand share, and prices — though unevenly between apartments and houses. Limassol remains the largest market by volume, but month-to-month momentum shifts toward other districts, including Famagusta. For an accurate picture, it's worth looking past a single blended figure toward the breakdown by district, property type, and buyer category.
How MLS RealtyHub Helps You Work With This Data
Official statistics show the market as a whole, but they don't substitute for a specific property's current status. MLS RealtyHub acts as a single data source for agencies and developers, so a property's price and status update for everyone at once — which matters especially in a market where, based on these numbers, properties are moving off the market faster than they were a year ago.
Frequently Asked Questions
What are the latest property sales statistics in Cyprus for 2026?
The first quarter of 2026 recorded 4,709 transactions. March sales rose 18% year over year to 1,761, and January-February combined grew 11% year over year.
How has the housing market performed in Limassol this year?
Limassol posted 572 transactions in March 2026, up 20% year over year, and 1,499 for the full first quarter. The district remains Cyprus's largest market by transaction count.
What percentage of Cyprus sales are to foreign buyers?
Foreign buyers accounted for 41.6% of transactions in March 2026 — 732 out of 1,761. Across the full first quarter, sales to foreign buyers reached 2,044 transactions.
What is the average price growth for new homes in Cyprus?
Price growth varies by property type. In the first quarter of 2026, apartment prices rose 11.4% year over year, while house prices grew only 1.93%. For the fourth quarter of 2025, the overall house price index rose 7.1%.
Where can I find official Cyprus real estate data?
Transaction data comes from the Department of Lands and Surveys, price and mortgage data from the Central Bank of Cyprus, and building permit data from CYSTAT. RICS Cyprus and KPMG publish an independent index and market commentary.
Author
This material was written by Maria Vashchenko.
For questions, collaboration, or further discussion, feel free to contact me on LinkedIn.
