The Cyprus residential property market maintained strong momentum in Q2 2026, with rising prices, increased sales activity and continued demand from international buyers, according to the latest Residential Property Price Index from the Central Bank of Cyprus.
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Cyprus property sales continued their upward trend in August, with 1,241 contracts of sale recorded across the island — a 10% increase compared with August 2025. Limassol remained the strongest district by sales volume during the month.
Cyprus has been recognized as one of the stronger-performing jurisdictions for global wealth mobility in 2026, according to the Henley Private Wealth Migration Report 2026, published by Henley & Partners, a leading international residence and citizenship advisory firm.
The total value of the 50 largest property transactions completed in Cyprus during the first half of 2026 reached €286.4 million, according to real estate analytics firm Ask Wire.
Property sales in Cyprus climbed 27% year on year in June 2026, reaching a record high for the month, according to the Department of Lands and Surveys.
The Cyprus property market continued its steady growth during the first quarter of 2026, according to the latest RICS Cyprus Property Index with KPMG in Cyprus.
Apartments remained the strongest-performing property category
The Cyprus property market remained strong in May 2026, with 1,723 property sales contracts deposited, marking a 5% increase compared with May 2025.
The Parliament has approved an extension of the reduced VAT for first-time home buyers, offering additional time to benefit from the incentive.
Apartment prices in Cyprus continued to rise strongly in late 2025, with the market increasingly driven by demand for apartments, especially, in Limassol.
An important change is coming to Cyprus VAT legislation that affects when a property is considered “used” and therefore no longer subject to VAT.
