The Cyprus property market continued to show strong activity during the first five months of 2026, according to the latest data from the Cyprus Department of Lands and Surveys.
The figures, published in the Department’s Transfers of Sales 2026 statistical report and updated on 2 June 2026, cover the period from January to May 2026. The report records property sales transfers by district, including the total number of cases, properties transferred, declared value and accepted value calculated for transfer fee purposes.
Highlights
- €1.83 billion in total accepted transaction value
- 8,502 properties transferred across Cyprus
- 7,628 sales cases recorded
- March was the strongest month so far, with €430.9 million in accepted value
- Limassol remains the leading district by accepted value
- Paphos recorded a particularly strong May
Key Figures
| Period | Sales cases | Properties transferred | Declared value | Accepted value |
|---|---|---|---|---|
| Jan-May 2026 | 7,628 | 8,502 | €1.69bn | €1.83bn |
Monthly Accepted Value
| Month | Accepted value |
|---|---|
| January | €315.0m |
| February | €327.1m |
| March | €430.9m |
| April | €356.2m |
| May | €398.1m |
By District – Accepted Value
| District | Sales cases | Properties transferred | Accepted value |
|---|---|---|---|
| Limassol | 1,985 | 2,208 | €665.5m |
| Nicosia | 2,383 | 2,657 | €423.5m |
| Paphos | 1,300 | 1,450 | €367.8m |
| Larnaca | 1,492 | 1,610 | €267.8m |
| Famagusta | 468 | 577 | €102.8m |
Insights
The first five months of 2026 point to a market that remains active and resilient. March was the strongest month so far, while May also showed strong performance, with accepted value reaching €398.1 million.
Limassol continues to lead by value, reaching €665.5 million in accepted transfers. This reflects its continued appeal for business relocation, high-end residential demand, international buyers and investment-led activity.
Nicosia recorded the highest number of sales cases and properties transferred, confirming the strength of the capital’s more locally driven market. Paphos also stands out, especially in May, when accepted value reached €93.2 million, its highest monthly figure so far in 2026.
Outlook
Based on the January-May data, Cyprus appears to be heading towards another strong year for property activity. If the current pace continues, the market could maintain healthy transaction levels through 2026.
That said, the second half of the year may become more selective. Buyers are likely to focus more carefully on location, property quality, title deed status, energy efficiency and long-term value. Interest rates, construction costs and regional developments may also affect confidence.
For now, the latest Department of Lands and Surveys data shows a property market with solid momentum, strong district-level activity and continued buyer interest across Cyprus.
Source: Transfers of Sales 2026, Cyprus Department of Lands and Survey