The Cypriot real estate sector has shattered historical milestones, locking in its most successful month of June since records officially began 26 years ago. Driven by a powerful blend of local acquisitions and international investments, the market continues to exhibit remarkable resilience and growth.
According to the latest figures published by the Department of Lands and Surveys, a total of 1,964 transaction agreements were officially processed in June 2026 alone. This represents a massive 27% year-on-year surge compared to the 1,544 contracts filed during June 2025, solidifying a new all-time high for this specific month since tracking started in 2000.
Mid-Year Momentum: Sales Top 10,000 Units
This stellar early-summer sprint heavily bolstered the island’s overall mid-year performance. Throughout the first six months of 2026, cumulative transaction documents reached 10,007 filings—a 15% leap over the 8,729 sales handled during the same timeframe last year.
Every single district on the island enjoyed positive year-on-year expansion during this six-month period:
-
Paphos: +21%
-
Limassol: +20%
-
Famagusta: +14%
-
Larnaca: +11%
-
Nicosia: +7%
Looking purely at June’s monthly localized performance, Limassol spearheaded the island’s growth with a stunning 64% annual explosion in transactions. Paphos followed with a 28% increase, while Nicosia and Larnaca ticked up by 10% and 6% respectively. Famagusta was the sole district to experience a marginal cooldown, dipping by just 1%.
Demographic Breakdown: Who is Buying Property?
Domestic buyers continue to form the backbone of the market, though foreign demand remains a critical pillar. Collectively, overseas buyers (comprising both EU and non-EU nationals) accounted for a substantial 41.6% of all real estate purchases during the first half of the year.
The exact market share for June 2026 breaks down as follows:
| Buyer Category | Total June Contracts | Percentage Share |
| Cypriot Citizens | 1,148 | 58.5% |
| Non-EU Nationals | 519 | 26.4% |
| EU Citizens | 297 | 15.1% |
Domestic Market Performance
Cypriot nationals deposited 1,148 deeds in June, marking a 19% improvement over the 968 deeds filed the previous June. While local purchasing cooled off dynamically in Paphos (-18%), Famagusta (-13%), and Larnaca (-10%), these localized drops were completely overshadowed by an extraordinary 71% transaction spike among locals in Limassol and a 10% lift in Nicosia. For the entire first half of 2026, overall domestic activity rose by 10%, reaching 5,856 total sales.
EU Buyers Lead Percentage Shifts
Property acquisitions by EU citizens experienced a phenomenal 57% year-on-year boom in June, with every single district posting positive growth. Standout monthly spikes occurred in Paphos (+116%) and Limassol (+72%). Looking at the broader half-year picture, EU nationals filed 1,410 contracts, representing a solid 29% climb from the 1,097 contracts filed in early 2025.
Non-EU Capital Surges Upward
Appetite from non-EU international buyers climbed by 34% in June, bringing in 519 separate contracts compared to 387 in June 2025. Four out of five districts saw upward shifts, led by Paphos (+45%) and Limassol (+42%), while Famagusta dropped by 22%. Across the first six months, non-EU investment rose 21% nationwide, logging 1,821 contracts.
Paphos Remains the International Hub
The figures firmly reiterate the critical role that foreign capital plays in sustaining the island’s property industry. Paphos continues to serve as the premier destination for cross-border buyers. Within the district, non-EU buyers outpaced local Cypriot purchasers entirely. When combining both EU and non-EU demographics, international buyers in Paphos acquired more than double the volume of real estate compared to domestic purchasers.
Source: Property Cyprus News