Cyprus Property Market Remains Strong as Overseas Demand Grows

New figures from the Department of Lands and Surveys show continued activity in the Cyprus property market, with overseas buyers accounting for almost half of all sales so far in 2026.

Cyprus's property market remained active in August, with strong interest from both domestic and international buyers.

Cypriot purchasers accounted for 53% of property sale contracts deposited during the month, while EU buyers represented 16% and non-EU buyers 31%.

This means that almost half of all property sales in August involved overseas buyers, highlighting the continued importance of international demand to the Cyprus market.

Overseas demand continues to grow

Sales to EU citizens increased by 27% in August compared with the same month in 2025, with Famagusta and Larnaca both recording increases.

Demand from non-EU buyers was also strong, rising by 19% year-on-year. Larnaca saw particularly notable growth, with sales to non-EU buyers increasing by 31%, while Famagusta recorded a 7% increase.

Looking at the first eight months of 2026, sales to EU buyers across Cyprus were up 23%, while non-EU sales increased by 19%.

Combined, EU and non-EU purchasers accounted for 47% of all property sales in Cyprus during the first eight months of the year.

Larnaca and Famagusta remain on the radar

The figures are particularly interesting for the eastern districts.

Larnaca has seen strong growth among overseas buyers, with EU purchases up 33% year-to-date and non-EU purchases increasing by 21%.

In Famagusta, sales to non-EU buyers have also risen by 21% so far this year, while overall domestic sales are up 7%.

The continued interest in these areas reflects their appeal to buyers looking for a combination of coastal living, established communities and easy access to amenities.

From Protaras and Pernera to Kapparis, Paralimni and the surrounding villages, the Famagusta region offers a wide range of properties and lifestyles for both international and local buyers.

What does this mean for sellers?

The latest figures are encouraging for property owners considering selling, showing that there continues to be a substantial international audience looking to purchase in Cyprus.

However, a strong market doesn't mean every property will sell automatically. Correct pricing, presentation, marketing and reaching the right buyers remain essential.

At Blue Surf Property, we work with buyers and sellers across the Famagusta and Larnaca regions, helping our clients navigate the local market and connect with the right opportunities.

If you're considering selling your property in Cyprus, we'd be happy to discuss the current market and how we can help.