Paphos has emerged as a central driver of Cyprus’ real estate landscape in 2025, highlighting the island’s growing appeal to international investors, according to PwC’s Cyprus Real Estate Market – Year in Review 2025 report.
Foreign demand accelerated sharply during the year, with a total of 7,255 properties acquired by overseas buyers, up from 6,228 in 2024, a 16% annual increase. Overall, foreign purchasers accounted for around 28% of all transactions, underlining the sector’s increasing internationalisation and the critical role districts like Paphos play in driving this momentum.
At the centre of this trend is Paphos, which emerged as the leading destination for foreign buyers. The coastal district captured 32% of all international transactions, making it the most active market for overseas investors. The report notes that Paphos also contributed the largest share to the overall increase in foreign activity, reinforcing its role as a key driver of demand.
Foreign interest remains heavily skewed towards coastal locations.
Limassol followed Paphos with a 28% share of foreign transactions, meaning the two districts together accounted for roughly 60% of all international property deals. This concentration highlights the continued appeal of seaside assets, combining lifestyle advantages with strong investment prospects.
The report also points to the dominance of non-EU buyers, who made up approximately 66% of all foreign purchasers in 2025. While slightly down from the previous year, the figure confirms Cyprus’ sustained attractiveness to global investors beyond the European Union, particularly in districts such as Limassol, Larnaca and Paphos.
Taken together, the data signals a robust and increasingly internationalised property market, with Paphos firmly positioned at the forefront of Cyprus’ foreign real estate demand.
Read the complete report here.
