Foreign Buyers Are Snapping Up Cyprus: 43% of All Deals in Q1 2026

The Cyprus property market continues to attract international investors with growing momentum. According to Land Registry data for the first quarter of 2026, non-residents accounted for 43% of all property transactions — a record figure for recent years.

Who Is Buying, and Where

Buyers from outside the European Union are showing particularly strong activity: their number rose 25% compared with the same period in 2025. European buyers were up 30% in March.

Broken down by district, the picture looks like this:

• Famagusta: foreign-buyer transactions up +54% year on year — the highest rate on the island - Paphos: +52% YoY; in February foreign buyers made twice as many purchases as locals - Larnaca: 121 non-resident transactions in February alone, +30% YoY — foreign buyers now outpace locals here as well

Why This Matters for Investors

When non-residents account for nearly half of market demand, it changes the nature of the market. It stops depending on local economic cycles, Cypriot household incomes or domestic lending. Instead, it is supported by global capital flows drawn to Cyprus by its EU status, tax regime, climate and infrastructure.

This demand structure keeps prices stable even in periods when the European economy is under pressure. Historically, markets with a high share of foreign demand recover faster and fall less.

The Signal for Investors

Buying in a market where foreign buyers are voting with their money means moving with the trend, not against it. This is especially relevant for Paphos and Larnaca: both districts are accelerating while offering a lower entry point than Limassol.

*Source: DOM LiVE, Cyprus Land Registry data, Q1 2026*