Cyprus new-build property market hits €2.5bn as apartment sales surge

Cyprus’ market for newly built residential property exceeded €2.5 billion in 2025, with apartments accounting for more than eight in ten transactions, according to a report from Landbank Analytics.

The firm, which utilised data from the land department, reported that a total of 7,819 contracts were filed for new homes, including off-plan developments, thereby confirming strong activity across all districts.

Apartments dominated the market with 6,382 transactions (81.6 per cent) generating €1.77bn in value...