News dalla rete ITA

13 Agosto 2026

Cipro

CYPRUS PROPERTY SURPASSES 2,000 SALES IN JULY, €2.70 BILLION ALREADY TRANSFERRED

Cyprus recorded 2,040 property sale contracts in July, the first month of 2026 to clear the 2,000 mark and an 11.4-per cent increase on the same month last year, according to analysis of Department of Lands and Surveys data by BuySell, Cyprus’s largest property platform.  July caps seven consecutive months in which sales have run ahead of 2025.  Between January and July, 12,047 contracts were lodged across Cyprus — 1,486 more than the same period last year, a rise of 14.1 per cent.  Over the same seven months, completed transfers carried a declared value of €2.70 billion.  Every month of 2026 has outrun its 2025 counterpart. The gap has widened as the year has gone on: January opened 10.7 per cent ahead, June closed the half-year 27.2 per cent up, and July added a further 11.4 per cent.  July’s 2,040 contracts beat June’s 1,964, itself a record for the month. May was the year’s quietest stretch in relative terms, at 4.8 per cent above May 2025, but still the strongest May on the current run.  Limassol remains the largest market by volume, with 3,959 contracts so far this year, 655 more than in the same seven months of 2025 — growth of 19.8 per cent, and more than a third of all the additional sales recorded across Cyprus.  Paphos grew almost as fast, up 19.6 per cent to 2,387.  Larnaca added 10.9 per cent to reach 2,599 and Famagusta 10.5 per cent to 538. Nicosia was the slowest of the five at 5.4 per cent, though its 2,564 contracts still place it third by volume.  July alone tells a more mixed story. Limassol jumped 20.0 per cent and Paphos 15.5 percent, but Nicosia was flat — 423 against 422 a year earlier — and Famagusta recorded the only decline anywhere across Cyprus, down 3.2 per cent to 91.  Completed transfers between January and July carried a declared value of €2.70 billion, covering 12,857 properties across 11,522 transactions. June was the strongest month of the year at €541 million; July followed at €468 million.  Limassol accounted for €1,084 million, or 40 cents of every euro spent on property across Cyprus.  Nicosia followed at €567 million and Paphos at €543 million, ahead of Larnaca (€375 million) and Famagusta (€130 million).  Foreign buyers placed 4,980 properties under contract between January and July. 3,293 of those — 66.1 per cent — went to buyers from outside the European Union, against 1,687 from within it.  Paphos drew the largest share of that demand with 1,667 properties, ahead of Limassol (1,446) and Larnaca (1,210). Nicosia, the least internationally exposed market, recorded 407.  On completed transfers, one in five properties acrossCyprus — 20.9 per cent — went to a foreign buyer. The spread between districts is wide: 41.7 per cent in Paphos against 9.0 per cent in Nicosia. (ICE BEIRUT)


Fonte notizia: Cyprus Mail