Cyprus Real Estate Market Report: May 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 sector demonstrated resilient momentum in May 2026. Official figures released by the Department of Lands and Surveys (DLS) show that 1,418 sale contracts were registered across Cyprus during May—a 9.8% year-over-year increase compared to May 2025.

This strong monthly performance pushed cumulative transactions for the first five months of the year (January–May 2026) to 8,496 contracts, marking a 15.1% increase over the corresponding period in 2025.

May 2026 Property Sales: District-by-District Breakdown

Growth was led primarily by coastal districts, with Paphos and Larnaca recording strong international buyer demand:

District	Sale Contracts (May 2026)	Year-over-Year (YoY)	Cumulative Total (Jan–May 2026)	Average Declared Transaction Value
Limassol	468	+11.4%	2,752	€310,250
Larnaca	315	+12.1%	1,822	€160,100
Nicosia	310	+4.2%	1,803	€156,800
Paphos	258	+13.7%	1,744	€221,400
Famagusta	67	-1.5%	375	€145,200

Key Market Trends & Highlights

Paphos & Larnaca Lead Growth: High yields and accessible pricing points drove double-digit annual increases in both Paphos (+13.7%) and Larnaca (+12.1%).
Foreign Capital Flow: Overseas buyers accounted for 42% of all contracts deposited in May, with Non-EU investors representing the majority of foreign transactions.
Limassol Market Share: Limassol maintained its status as the top investment hub, accounting for roughly 33% of all nationwide transactions.

Source Attribution & Legal Disclaimer:

Data Source: Statistical data in this report is derived from official releases published by the Department of Lands and Surveys (Ministry of Interior, Republic of Cyprus) for May 2026.

Disclaimer: Content published on SPITIMOU.CY is provided strictly for educational and informational purposes and does not constitute formal real estate, tax, or legal advice.