Over 50,000 Cyprus properties sold to foreigners by July — Paphos homes for sale, leads the way.
Record-Breaking Property Transfers in 2025
More than 50,000 property sales in Cyprus have already been transferred to third-country nationals this year, with Paphos taking the lead, Interior Minister Constantinos Ioannou told parliament.
Specifically, 53,076 transfers were completed nationwide by July 7, 2025, the minister mentioned.
Regional Breakdown of Property Sales
Of these, 20,755 properties took place in Paphos, 17,083 in Limassol, 9,175 in Larnaca, 3,509 in Famagusta, and 2,554 in Nicosia, according to the Department of Lands and Surveys (DLS).
A further 29,089 sales contracts have been filed but await transfer, bringing the total properties moving into foreign hands to 82,165, including 9,470 pending in Paphos, 7,297 in Larnaca, 7,208 in Limassol, 4,225 in Famagusta, and 899 in Nicosia.
Historical Trends in Cyprus Property Sales
Similar patterns were seen in previous years, when more than 37,000 properties changed hands between 2021 and the end of 2024, led by UK nationals, while Cypriots bought over 200,000.
The figures are detailed in the historical datasets of the Department of Lands and Surveys.
Foreign Buyers by Region
Nicosia Market Trends
In Nicosia, Greeks were the top foreign buyers with 1,626 properties, followed by UK nationals with 1,584 and Australians with 545, although Cypriots remained dominant with 98,205 purchases compared to 5,236 by foreigners.
Limassol Market Trends
Limassol saw Russians lead with 2,561 acquisitions, followed by UK nationals (1,840) and Israelis (1,154).
Paphos Homes for Sale Attract Strong Demand
In Paphos, UK nationals bought 4,483 properties, Russians 1,563, and Israelis 1,291, with more than 10,000 properties going to foreign nationals against 28,484 for Cypriots.
Larnaca and Famagusta Insights
Larnaca recorded 2,743 UK purchases, 1,744 Lebanese, and 1,406 Israelis, while in Famagusta UK nationals led again with 1,182 properties.