Increase in Property Purchases by Foreign Nationals in Cyprus
August 18, 2025
Cyprus is experiencing a significant increase in property sales to foreign nationals from third countries, with Paphos accounting for 40% of sales. In total, 82,165 properties have been transferred or are in the process of being transferred. Paphos is the most popular area, followed by Limassol and Larnaca. The process includes obtaining a purchase permit from the District Officer for foreigners. However, this permit is not required for submitting sales documents.