Politics
Surge in Apartment Sales Propels Cyprus' New-Build Property Market to Over €2.5 Billion
The market for new residential properties in Cyprus has surpassed €2.5 billion, with a significant majority of transactions involving apartments, as per Landbank Analytics.
Cyprus MailMon, Feb 16, 20261 min read1
In a significant development for Cyprus' real estate sector, the market for newly constructed residential properties has crossed the €2.5 billion mark in 2025, showcasing a robust demand for apartments. Landbank Analytics, leveraging data from the land department, highlighted that apartments made up over 80% of the 7,819 contracts filed for new homes, which includes off-plan purchases. This surge in apartment sales underscores a changing preference among homebuyers and investors in the island nation's property market.