Analysis of Cyprus new property market in 2025

Data from Landbank Analytics covering 2025 sales contracts submitted to the Department of Lands and Surveys shows that apartments dominated the new-build market in Cyprus. A total of 6,382 apartments were sold for €1.77 billion, with 53.2% of buyers opting for units priced between €150,000 and €300,000. Sales below €150,000 accounted for 21.2% of the market, while 18.9% were in the €300,000 to €500,000 range. Higher-end apartment transactions included 234 units sold for €500,000 to €750,000, 60 units between €750,000 and €1 million, and 134 units exceeding €1 million. Conversely, the market for 1,437 new houses showed a preference for higher price points. The largest segment of house sales, 40%, fell within the €300,000 to €500,000 bracket, followed by 28.2% in the €150,000 to €300,000 range. Luxury house sales above €1 million represented 8.1% of the house market, while fewer than ten properties were sold for under €150,000. CEO Andreas Christoforidis noted that apartments are the primary choice for mass-market buyers and investors.