During August, one third of all property sales in Cyprus (as assessed by the number of contracts deposited at Land Registry offices) were purchased by non-EU citizens, according to official statistics published by the Department of Lands and Surveys.
Market segment analysis
Property sales to non-EU citizens
Sales to non-EU Nationals rose 34% compared to August 2022 and accounted for 30% of the total number of sales achieved during the month.
Although sales in Limassol fell by 15%, they rose in the remaining four districts.
Paphos recorded the highest number of sales, followed by Larnaca, Limassol, Famagusta, and Nicosia.