Larnaca tourism, real estate market, government deficit
26.04.2025

The Cyprus property market has recorded a robust performance in the first quarter of 2025, with both transaction volumes and sales values reflecting strong momentum, according to a report by the Cyprus Real Estate Agents Registration Council.

In its report, the council noted that Paphos is currently enjoying strong interest from international buyers, while Limassol continues to play a central role in Cyprus’ real estate market.

Council president Marinos Kineyirou commented positively on the outlook, saying that “it is a fact that 2025 has started on the right foot for the property market”. “The prospects are positive for the future, as demand remains high, while supply is beginning to respond to market needs,” he added.

Figures compiled by the council based on data from the Department of Lands and Surveys show that 4,137 sale contracts were filed island-wide in the first three months of the year. This represents a strong increase of 15 per cent compared to the 3,597 documents filed during the same period in 2024.

 

 

 

 

 

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