Cyprus Sotheby’s International Realty has released its latest quarterly Insights Report, highlighting the strong performance of the residential property market in Q2 2025.
The data shows that demand is increasingly shifting toward new-build properties, which have now overtaken resales in transaction volumes for the first time. The mid- and high-end segment (apartments from €200,000 and houses from €500,000) continues to be the primary driver of growth.
Key findings:
House sales rose 31% year-on-year, while apartment sales increased 23%.
Prices remain resilient, with average transaction values year-on-year up by 11% for houses and 3% for apartments.
Limassol remains the largest market with over 1,000 sales, while Pafos recorded the strongest growth, now accounting for more than half of all premium house sales in Cyprus.
Larnaca posted the fastest transaction growth (+24% YoY), supported by new developments and infrastructure upgrades.
Nicosia showed steady growth (+8% YoY), driven mainly by demand for apartments.
Famagusta is rebounding, with a sharp price increase in the mid- and high-end segments.
“Quality and modern standards are becoming the decisive factors for buyers, and the market is adapting quickly to meet these expectations,” said Anastasia Yianni, CEO of Cyprus Sotheby’s International Realty.
The full Q2 2025 Insights Report, including detailed city-by-city analysis, is now available.
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