The Cyprus property market remained strong in May 2026, with 1,723 property sales contracts deposited, marking a 5% increase compared with May 2025.
Local buyers continued to dominate the market, accounting for 1,081 transactions (63% of total sales), up 6% year-on-year. Domestic demand increased across all districts.
Limassol leads the market with 2,537 properties sold between January and May 2026, up 11.2% year-on-year. More property transactions take place in Limassol than in any other district in Cyprus.
Demand from EU buyers showed the most significant growth, rising 31% to 241 sales.
Sales to non-EU buyers remained stable at 401 transactions, just 1% below May 2025 levels. Despite this slight decline, year-to-date figures show strong growth across all districts, highlighting the continued importance of international buyers.
Foreign purchasers continued to play a key role in coastal markets. Overall, the May figures demonstrate a resilient property market supported by both domestic demand and sustained international interest.
