Cyprus recorded 2,040 property sale contracts in July 2026, the first month this year to pass the 2,000 mark. This brought total registrations for January to July to 12,047 contracts, up 14.1% from 10,561 during the same period in 2025.
The increase was also reflected in completed transactions. Over the first seven months of the year, 11,522 property transfers covering 12,857 properties were completed through the Land Registry, with a declared value of EUR 2.70 billion.
Within this wider activity, Larnaca recorded 2,599 sale contracts, while foreign buyers placed 1,210 properties in the district under contract. This forms part of broader international demand across Cyprus, where overseas buyers accounted for 4,980 properties under contract, including 3,293 purchased by non-EU buyers.
Pricing data points to another shift in the residential market. The Central Bank of Cyprus Residential Property Price Index rose 7.5% year on year in Q1 2026, with apartment prices increasing by 10.8% compared with 3% for houses.
Together, these figures provide a clearer view of the factors shaping the Larnaca market, from transaction activity and foreign demand to the different movement in apartment and house prices, as this market activity is one of the main reasons behind our decision to develop Pyla Pearl in Larnaca specifically, positioning the project within a market attracting both local and international property demand.
Reach Real Estate follows market activity and pricing in Larnaca to help investors assess current property opportunities.
To discuss available real estate opportunities in Larnaca, including Pyla Pearl, contact Reach Real Estate.