Property transfers to buyers from European Union countries increased in the first nine months of 2026, as did transfers to buyers from third countries. According to data from the Department of Lands and Surveys, processed by the Council for the Registration of Real Estate Agents, the largest percentage increases were recorded among buyers from the EU.
Marinos Kynaigeirou, president of the Council, said the Cypriot property market was demonstrating its appeal internationally. As he noted, buyers from third countries continue to account for more transactions in absolute numbers, but the greatest percentage growth is now coming from citizens of EU countries.
“This broadening of the buyer base and the increased demand from the European market constitute a guarantee of stability. The continuing inflow of foreign investment is important for the property sector and, by extension, the Cypriot economy. As a Council, we continue to work to maintain a safe and professional environment for every buyer and investor,” Mr Kynaigeirou said.
In the first nine months of 2026, 1,607 properties were transferred to 2,004 buyers from EU countries. Meanwhile, 1,826 properties were transferred to 2,501 buyers from outside the EU.
The number of properties transferred to buyers from EU countries rose by 42.7% compared with the first nine months of 2025. For buyers from outside the EU, the increase was 16.2%. In terms of individuals, the number of buyers from the EU rose by 11.7%, while buyers from outside the EU increased by 9.9% compared with 2025.
Sales contracts filed also reflect activity in the market. Contracts were filed for 2,094 properties involving 2,301 buyers from EU countries. Compared with the first nine months of 2025, the number of properties for which sales contracts were filed rose by 21.2%, while the number of European buyers increased by 22.4%.
For buyers from outside the EU, sales contracts were filed for 4,173 properties involving a total of 5,443 buyers. Compared with the corresponding period of the previous year, the number of properties increased by 19.7%, and the number of people from third countries who filed sales contracts rose by 17.8%.
Source: CNA
