Intelligence · Market Data
Last reviewed: 16 October 2026
Monthly property sale contracts, completed transfers, declared transaction values and non-Cypriot buyer shares for the five districts of the Republic of Cyprus, compiled from the statistical releases of the Department of Lands and Surveys.
Two definitions matter when reading the table. Contracts of sale are contracts deposited with the Department in the stated month, which makes them a forward indicator of demand. Transfers are completed changes of registered ownership, which typically lag their contract.
They are not two views of the same transactions in the same month, and the two columns should not be compared as though they were.
1,681 contracts +13.3%
Property sale contracts deposited across the five districts of the Republic of Cyprus in September 2026, against September 2025.
The figures below are Republic-wide: totals and averages across all five districts of the Republic of Cyprus combined. They are national aggregates, not typical values for any one district or property. District-level detail follows in the table.
| District | Contracts | Change YoY | Contracts YTD | YTD YoY | Transfers | Avg declared value | Non-Cypriot share |
|---|---|---|---|---|---|---|---|
| Limassol | 506 | +16.1% | 4,860 | +16.9% | 529 | €345,786 | 19.8% |
| Paphos | 345 | +10.2% | 2,999 | +18.5% | 371 | €202,219 | 37.7% |
| Larnaca | 393 | +28.9% | 3,291 | +14.7% | 394 | €158,245 | 19.0% |
| Nicosia | 374 | +6.6% | 3,163 | +5.8% | 667 | €144,032 | 9.9% |
| Famagusta | 63 | −20.3% | 656 | +4.8% | 135 | €155,182 | 15.6% |
Source: Department of Lands and Surveys, monthly statistical releases, September 2026. Contracts are contracts of sale deposited in the month. Change YoY compares with the same month a year earlier. Contracts YTD is the cumulative total for the year so far. Transfers are properties whose ownership was registered in the month. Avg declared value is total declared value divided by properties transferred, calculated by Cyprus Gate. Non-Cypriot share is the share of those transfers going to buyers who are not Cypriot. Famagusta refers to the areas of the district under the effective control of the Republic.
What this shows. Limassol led on volume with 506 contracts, while Larnaca recorded the largest year-on-year increase at 28.9%. Limassol carries the highest average declared value at €345,786. Paphos recorded the highest non-Cypriot share of transfers at 37.7%, against 9.9% in Nicosia. Famagusta was the only district to record a fall in monthly contracts, at 20.3%, while remaining ahead year to date at +4.8%.
Nicosia recorded more transfers than contracts in the month, and the highest transfer count of any district at 667. Because transfers lag their contracts, that reflects earlier activity completing rather than current demand.
Figures are compiled from the monthly statistical releases of the Department of Lands and Surveys of the Republic of Cyprus. The Department reports contracts of sale, completed transfers and foreign buyer activity in separate files, in two languages, and in formats that change between releases. Cyprus Gate parses those releases into a single dataset, derives the district-level measures the Department does not publish directly, and republishes the whole series.
Data covers the areas under the effective control of the Republic of Cyprus. The Department advises against comparing foreign buyer figures before 2018 with later periods.
Contracts and transfers are not two views of the same transactions in the same month. A district can record more transfers than contracts, or the reverse, without either figure indicating anything unusual.
Contract counts, transfer counts, total declared values and non-Cypriot shares are taken as published. Average declared value per property, year-on-year changes and year-to-date totals are calculated by Cyprus Gate from those published figures, and can be reproduced from the source releases.
If you believe a figure on this page is wrong, write to info@cyprus-gate.com with the table and the source. Corrections are made on the page and noted in the publication line.
1,681 property sale contracts were deposited across the five districts of the Republic of Cyprus in September 2026, an increase of 13.3% on September 2025. Contracts of sale are a forward indicator; completed transfers of ownership typically lag them.
Limassol recorded the highest volume in September 2026 with 506 contracts of sale. Larnaca recorded the largest year-on-year increase at 28.9%. Larnaca recorded 393, Nicosia 374, Paphos 345 and Famagusta 63.
Non-Cypriot buyers accounted for 19.4% of properties transferred in the Republic of Cyprus in September 2026, of which 52.3% went to buyers from outside the EU. The share varies sharply by district, from 37.7% in Paphos to 9.9% in Nicosia.
The average declared value per property transferred in September 2026 was €208,641. Declared value is the amount recorded for transfer fee purposes rather than an appraised market value, and the average reflects the mix of properties transferred in the month rather than a price level.
Contracts of sale are contracts deposited with the Department of Lands and Surveys in the stated month, making them a forward indicator of demand. Transfers are completed changes of registered ownership, which typically lag their contract. They are not two views of the same transactions in the same month.
See also asking-price negotiation briefing.