{"id":114560,"date":"2025-06-05T20:10:22","date_gmt":"2025-06-05T17:10:22","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=114560"},"modified":"2025-06-05T20:10:22","modified_gmt":"2025-06-05T17:10:22","slug":"cyprus-property-sales-surge-in-may-hitting-record-highs-not-seen-since-2007","status":"publish","type":"post","link":"https:\/\/lamaisonestates.com\/ru\/cyprus-property-sales-surge-in-may-hitting-record-highs-not-seen-since-2007\/","title":{"rendered":"Cyprus Property Sales Surge in May, Hitting Record Highs Not Seen Since 2007"},"content":{"rendered":"<p data-start=\"295\" data-end=\"550\">The Cypriot property market continued its upward momentum in May 2025, delivering the strongest monthly sales performance in over a decade. Data from the island\u2019s Land Registry reveals that real estate activity is not just bouncing back\u2014it\u2019s accelerating.<\/p>\n<p data-start=\"552\" data-end=\"580\"><strong data-start=\"552\" data-end=\"580\">Sales Hit a 17-Year High<\/strong><\/p>\n<p data-start=\"582\" data-end=\"851\">In May alone, 1,664 property transactions were filed\u2014a number not seen since May 2007, when 2,097 contracts were submitted. That\u2019s a 30% increase from the 1,268 sales recorded in May 2024, and it\u2019s a clear signal that buyer confidence is growing stronger across Cyprus.<\/p>\n<p data-start=\"853\" data-end=\"964\">This upswing spans all types of real estate: residential, commercial, agricultural, industrial, and land plots.<\/p>\n<p data-start=\"966\" data-end=\"996\"><strong data-start=\"966\" data-end=\"996\">What\u2019s Fueling the Growth?<\/strong><\/p>\n<p data-start=\"998\" data-end=\"1054\">Three main trends are helping to drive the current boom:<\/p>\n<ul data-start=\"1056\" data-end=\"1448\">\n<li data-start=\"1056\" data-end=\"1160\">\n<p data-start=\"1058\" data-end=\"1160\"><strong data-start=\"1058\" data-end=\"1085\">Cooling property prices<\/strong> \u2014 The Bank of Cyprus\u2019s Q4 2024 data showed price growth beginning to ease.<\/p>\n<\/li>\n<li data-start=\"1161\" data-end=\"1293\">\n<p data-start=\"1163\" data-end=\"1293\"><strong data-start=\"1163\" data-end=\"1192\">Smoother permit approvals<\/strong> \u2014 Faster turnaround times for planning and building permits are helping buyers and developers alike.<\/p>\n<\/li>\n<li data-start=\"1294\" data-end=\"1448\">\n<p data-start=\"1296\" data-end=\"1448\"><strong data-start=\"1296\" data-end=\"1321\">Lower borrowing costs<\/strong> \u2014 With housing loan interest rates dropping to an average of 3.78%, financing a home or investment has become more attainable.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1450\" data-end=\"1489\"><strong data-start=\"1450\" data-end=\"1489\">Sales Growth by District \u2013 May 2025<\/strong><\/p>\n<p data-start=\"1491\" data-end=\"1581\">Each district across the island experienced growth in property sales compared to May 2024:<\/p>\n<ul data-start=\"1583\" data-end=\"1743\">\n<li data-start=\"1583\" data-end=\"1615\">\n<p data-start=\"1585\" data-end=\"1615\"><strong data-start=\"1585\" data-end=\"1598\">Limassol:<\/strong> 525 sales (+18%)<\/p>\n<\/li>\n<li data-start=\"1616\" data-end=\"1647\">\n<p data-start=\"1618\" data-end=\"1647\"><strong data-start=\"1618\" data-end=\"1630\">Larnaca:<\/strong> 369 sales (+37%)<\/p>\n<\/li>\n<li data-start=\"1648\" data-end=\"1679\">\n<p data-start=\"1650\" data-end=\"1679\"><strong data-start=\"1650\" data-end=\"1662\">Nicosia:<\/strong> 369 sales (+26%)<\/p>\n<\/li>\n<li data-start=\"1680\" data-end=\"1710\">\n<p data-start=\"1682\" data-end=\"1710\"><strong data-start=\"1682\" data-end=\"1693\">Paphos:<\/strong> 304 sales (+44%)<\/p>\n<\/li>\n<li data-start=\"1711\" data-end=\"1743\">\n<p data-start=\"1713\" data-end=\"1743\"><strong data-start=\"1713\" data-end=\"1727\">Famagusta:<\/strong> 77 sales (+54%)<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1745\" data-end=\"1789\"><strong data-start=\"1745\" data-end=\"1789\">Year-to-Date Numbers Tell the Same Story<\/strong><\/p>\n<p data-start=\"1791\" data-end=\"1967\">Between January and May 2025, a total of 7,185 properties have changed hands across Cyprus\u2014marking a 15% increase from the 6,231 properties sold during the same period in 2024.<\/p>\n<p data-start=\"1969\" data-end=\"2031\">Here\u2019s how each district performed in that five-month stretch:<\/p>\n<ul data-start=\"2033\" data-end=\"2202\">\n<li data-start=\"2033\" data-end=\"2067\">\n<p data-start=\"2035\" data-end=\"2067\"><strong data-start=\"2035\" data-end=\"2048\">Limassol:<\/strong> 2,281 sales (+14%)<\/p>\n<\/li>\n<li data-start=\"2068\" data-end=\"2101\">\n<p data-start=\"2070\" data-end=\"2101\"><strong data-start=\"2070\" data-end=\"2082\">Nicosia:<\/strong> 1,655 sales (+17%)<\/p>\n<\/li>\n<li data-start=\"2102\" data-end=\"2135\">\n<p data-start=\"2104\" data-end=\"2135\"><strong data-start=\"2104\" data-end=\"2116\">Larnaca:<\/strong> 1,554 sales (+19%)<\/p>\n<\/li>\n<li data-start=\"2136\" data-end=\"2168\">\n<p data-start=\"2138\" data-end=\"2168\"><strong data-start=\"2138\" data-end=\"2149\">Paphos:<\/strong> 1,371 sales (+11%)<\/p>\n<\/li>\n<li data-start=\"2169\" data-end=\"2202\">\n<p data-start=\"2171\" data-end=\"2202\"><strong data-start=\"2171\" data-end=\"2185\">Famagusta:<\/strong> 324 sales (+19%)<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2204\" data-end=\"2352\">The combination of favorable lending conditions, policy improvements, and investor confidence is setting the stage for a robust year in real estate.<\/p>\n<p data-start=\"2354\" data-end=\"2384\"><em data-start=\"2354\" data-end=\"2384\">Source: Cyprus Property News<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The Cypriot property market continued its upward momentum in May 2025, delivering the strongest monthly sales performance in over a decade. Data from the island\u2019s Land Registry reveals that real estate activity is not just bouncing back\u2014it\u2019s accelerating. Sales Hit a 17-Year High In May alone, 1,664 property transactions were filed\u2014a number not seen since [&hellip;]<\/p>","protected":false},"author":9,"featured_media":114561,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/114560"}],"collection":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/comments?post=114560"}],"version-history":[{"count":2,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/114560\/revisions"}],"predecessor-version":[{"id":114563,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/114560\/revisions\/114563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media\/114561"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media?parent=114560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/categories?post=114560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/tags?post=114560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}