Published: 04/05/26
Author: Antonio
The Cyprus property market continues its upward trajectory through 2026, with sales in the first five months of the year rising 11.9% compared to the same period in 2025. According to official figures from the Department of Lands and Surveys, a total of 8,043 sales documents were filed at district land registry offices between January and May 2026, up from 7,185 in 2025.
While the overall trend remains strongly positive, May showed signs of slower growth a development that merits attention for both buyers and investors tracking the market.
Market Context: Well Above Pre-Pandemic Levels
To put the current numbers in perspective, the first five months of 2026 saw 66% more sales than the same period in 2019 (4,846 documents), underscoring just how far the market has recovered and expanded since the pandemic.
District Breakdown: Limassol Leads, Larnaca Shines
Limassol remains the largest market by volume, with 2,537 sales documents filed in the January–May period an 11.2% annual increase and 43.5% higher than pre-pandemic levels.
Nicosia recorded 1,749 sales, up 5.7% year-on-year and more than double its 2019 figure.
Larnaca continues to stand out with one of the strongest recoveries. Sales reached 1,747 in the first five months of 2026, a 12.4% annual increase and an impressive 160.7% rise compared with 2019 the largest percentage jump among all districts.
What This Means for Buyers and Investors
The slower growth in May does not signal a reversal, but rather a natural moderation after a period of exceptional momentum. For prospective buyers, this could represent a window of opportunity before the summer season, traditionally a busy period for property transactions in Cyprus.
At Plus wise Estates, we continue to monitor these trends closely to provide our clients with timely, data driven guidance.
