Breaking Limits Again — New Report Now Available

During a recent celebration at The International Property Awards, Anastasia Yianni, CEO of Cyprus Sotheby’s International Realty, was asked a pivotal question:  

“What’s the current state of the Cyprus real estate market?”  

Her answer resonated with optimism and surprise:  

“Each year, we think the market has reached its peak, yet it continues to surpass expectations and grow further.” 

And now, we are excited to present the latest Insights report on Cyprus’s residential real estate market for Q3 2024.  

What’s inside?  

• - In-depth analysis of the data from the Department of Lands and Surveys.  
• - Full breakdown of 10,436 property transactions recorded between January and September 2024, totaling €2.828 billion.  
• - Insights into key trends, influencing factors, and regional highlights.  

Key Findings  

• Limassol leads in premium apartments (>€200.000), with €1.2 billion in transactions for the year (Q3 2023 — Q3 2024).  
• Pafos dominates in the premium house segment (>€500.000), showing stable growth in demand.  
• Larnaca is developing due to competitive apartment prices and major infrastructure projects.
• Nicosia maintains steady growth in the premium segment.  
• Famagusta remains a niche but stable market.  

The report also provides a comprehensive analysis of long-term trends in the Cyprus real estate market.

Whether you are considering buying, selling, or investing, this report provides the actionable insights you need.  

Download the full Cyprus Real Estate Market Overview report now!