Nationalities Driving the Cyprus Property Market: A Deeper Look at 2025 Trends

Source: Based on data originally published by Cyprus Property Buyers News, October 26, 2025.

A Record Year for International Demand

Newly released data from the Ministry of Interior offers a revealing snapshot of Cyprus’s increasingly global property market. More than 1,600 properties changed hands to foreign buyers over the past twelve months—a mix of apartments, villas, land plots, and rural fields.

At RealtyHub, we believe that these numbers confirm what we’ve been observing on the ground: Cyprus has become not just a lifestyle destination, but a diversified real estate market attracting both home seekers and long-term investors from around the world.

Foreign Buyers Continue to Shape the Market

Between September 2024 and September 2025, a total of 1,669 properties were sold to foreign individuals, excluding corporate entities. Of those, 962 were registered residential properties, purchased by both EU and non-EU citizens.

The breakdown shows that EU nationals bought 385 homes, while non-EU citizens accounted for 577 transactions. This reflects Cyprus’s unique position as both a European and global property magnet—welcoming retirees, entrepreneurs, and international families alike.

According to our review, Paphos remains the leading hotspot, attracting the highest number of foreign buyers from both categories. Limassol and Larnaca followed closely, while Nicosia and Famagusta showed strong growth compared to previous years. In our opinion, this spread indicates that confidence in Cyprus real estate is no longer limited to coastal resorts—it’s now a nationwide trend.

Rising Interest in Land and Fields

Although residential properties remain the most popular choice, demand for land and agricultural fields is gaining ground. Over the same period, 350 land plots and 357 fields were sold to overseas buyers.

We think this shift signals a change in investor strategy. Instead of simply buying ready-made homes, many international buyers are beginning to acquire plots and rural land for long-term development or agricultural purposes. Limassol and Larnaca recorded the highest plot sales, while Paphos and Nicosia saw steady growth in rural land deals.

This emerging trend, in our view, reflects increasing confidence in Cyprus’s long-term stability and the growing sophistication of its property investors.

Who’s Buying—and Where

Each district tells a different story about buyer nationality and motivation.

In Paphos, the traditional favourite for foreign homebuyers, British nationals lead the market, with nearly 900 property purchases, followed by strong interest from Israeli buyers. The appeal here remains lifestyle-driven: sea views, golf resorts, and a large English-speaking community.

Limassol, on the other hand, continues to attract Russian and Israeli investors, reflecting the city’s strong business infrastructure and international schools. We believe that Limassol’s role as a financial and corporate hub makes it particularly appealing to buyers seeking both residential and commercial opportunities.

In Larnaca, the picture is different. Israeli and Lebanese buyers dominate, collectively accounting for more than 1,500 transactions. This growing activity aligns with Larnaca’s urban redevelopment projects, marina expansion, and improved connectivity to Israel and the Middle East.

Famagusta has become a quiet success story, with British and Eastern European buyers showing renewed interest in affordable villas and holiday rentals. Finally, Nicosia remains the capital of cross-border investment from Greek nationals, who lead the market there with over 400 recorded property transactions.

According to our analysis, these diverse buyer profiles reflect Cyprus’s unique geographic and cultural position—a bridge between Europe, the Middle East, and beyond.

Regional Growth Reflects Broader Stability

From our perspective, one of the most encouraging findings in this data is how balanced the foreign demand has become. While Paphos and Limassol remain powerhouses, Larnaca, Nicosia, and Famagusta are steadily rising, spreading investment more evenly across the island.

We believe this trend reduces over-dependence on a single region or nationality, creating a more resilient and stable property market. The variety of buyer backgrounds—British, Israeli, Russian, Greek, Lebanese, and others—also indicates Cyprus’s continued attractiveness across multiple economic and cultural segments.

MLS: The Bridge Between Agents and Global Buyers

This surge in international demand underscores why Multiple Listing Service (MLS) technology is becoming essential in Cyprus. As the number of foreign buyers grows, agents need centralised, data-driven systems to match listings efficiently, track buyer demographics, and collaborate across districts. We think that this level of transparency and collaboration will define the next stage of growth for the Cyprus property market—helping both local agents and global buyers make smarter, faster decisions.

Foreign investment continues to drive the evolution of Cyprus’s property landscape. From British retirees in Paphos to Israeli entrepreneurs in Larnaca and Russian investors in Limassol, the island remains a crossroads of cultures, capital, and opportunity.

In our view, these diverse buyer trends confirm Cyprus’s position as a resilient Mediterranean real estate hub. With MLS data tools now centralising property information and enhancing cooperation, Cyprus is entering a new era—one where global demand meets transparent, digitalised real estate.