Cyprus Real Estate Market Report: August 2026 Property Sales & Trends
By: SPITIMOU.CY Editorial Team
Data Source: Official Monthly Report by the Department of Lands and Surveys (DLS), Republic of Cyprus
The Cyprus property market sustained its upward momentum in August 2026. According to official figures released by the Department of Lands and Surveys (DLS), the island recorded 1,241 sale contracts deposited during August—a 10% year-over-year increase compared to August 2025.
Despite August traditionally being a slower month due to the summer holiday season, cumulative performance for the first eight months of the year (January–August 2026) reached 13,288 contracts, representing a 13.7% surge compared to the same period in 2025.
August 2026 Property Sales: District-by-District Breakdown
While national figures reflect consistent growth, market performance across Cyprus districts showed notable divergence in August:
District | Sale Contracts (August 2026) | Year-over-Year (YoY) | YTD Total (Jan–Aug 2026) | YTD Growth (YoY) |
Limassol | 395 | -5.0% | 4,354 | +17.0% |
Larnaca | 299 | +35.3% | 2,898 | +13.0% |
Paphos | 267 | +19.7% | 2,654 | +19.7% |
Nicosia | 225 | +8.2% | 2,789 | +5.6% |
Famagusta | 55 | -8.3% | 593 | +8.4% |
Key Market Trends & Insights
Larnaca Outperforms All Districts: Larnaca delivered the strongest monthly move in August with a 35.3% surge in sales contracts. Competitive price points and ongoing infrastructure developments continue to attract strong investor interest.
Paphos Leads YTD Percentage Growth: Paphos added nearly 20% in August and now leads the island in overall year-to-date growth at +19.7%. International demand remains particularly high in Paphos, where overseas buyers account for nearly 70% of total transactions.
Limassol Brief Pullback: Limassol experienced a modest 5% annual dip in August—its first monthly decline of 2026—following a massive surge in June/July. However, Limassol remains Cyprus's largest market, accounting for roughly one-third of all island-wide sales.
Foreign Buyer Demand: Domestic buyers accounted for 53% of August contracts, while international purchasers (EU & Non-EU) drove 47% of total sales. Purchases by non-EU citizens alone surged by 19% YoY in August.
Source Attribution & Legal Disclaimer:
Data Source: Statistical information in this article is compiled from official public releases issued by the Department of Lands and Surveys (Ministry of Interior, Republic of Cyprus) for August 2026.
Disclaimer: Content published on SPITIMOU.CY is intended solely for educational and informational purposes and does not constitute formal financial, legal, or investment advice.