## Introduction

In 2025, Cyprus's real estate market demonstrated stable activity. Despite the high-rate environment, demand remained solid, supported by foreign buyers and local population.
## Transaction Volumes
**Total Sales:** 12,850 contracts (2024: 12,420, +3.5%)
**Value:** €3.15 billion (2024: €2.98B, +5.7%)
**Breakdown:**
- Domestic buyers: 7,100 contracts (55%)
- Foreign buyers: 5,750 contracts (45%)
## Foreign Buyer Activity
**Top Sources:**
1. Russia: 1,450 deals (25%)
2. Israel: 920 deals (16%)
3. UK: 740 deals (13%)
4. Other EU: 1,640 deals (28%)
5. Other countries: 1,000 deals (18%)
## Regional Distribution
**Limassol:** 3,200 deals (25%), avg €285k
**Paphos:** 2,600 deals (20%), avg €215k
**Larnaca:** 2,400 deals (19%), avg €190k
**Nicosia:** 2,150 deals (17%), avg €165k
## 2026 Forecast
Market expects 5-7% transaction growth driven by lower rates, new projects, updated admin processes, and continued foreign demand.