Cyprus recorded 1,956 off-plan sales worth €606.4 million in the third quarter of 2026, and Limassol increased its share of the market by value to 40.5%.
According to Cyprus Property News, citing Landbank Analytics, Cyprus recorded 1,956 off-plan sales of apartments and houses (under construction or at the planning stage) in the third quarter of 2026. Their combined value reached €606.4 million. Compared with the second quarter, the number of recorded sales rose by 48.5% and their total value by 51.6%. Limassol strengthened its lead: the district recorded 599 off-plan agreements worth €245.3 million. Its share of transactions rose from 26.3% in Q2 to 30.6% in Q3, and its share of total value from 32.4% to 40.5%. Paphos also gained ground, with its share of transactions increasing from 12.8% to 17% and its share of value from 21.2% to 22%. Nicosia recorded 489 sales, but its share of transactions fell from 34.5% to 25% and its share of value from 26.2% to 16.2%. Larnaca held broadly steady at about 24% of transactions, while Famagusta accounted for 3.4%. Most deals were in the lower and middle price brackets: homes priced below €300,000 made up 1,267 transactions, or 64.8% of Q3 sales (68.1% in Q2). The largest band was €200,000–€299,999 with 545 sales (27.9%), followed by €300,000–€499,999 with 521 sales (26.6%). The average value per sale agreement edged up 2%, from €303,808 to €310,019. The average apartment price was €269,217 (median €214,500), and the average house price was €478,138 (median €380,000). Among individual localities, Limassol city was the busiest with 190 sales (up from 129 in Q2), followed by Larnaca city with 124 (up from 71), Lakatamia with 111 and Aradippou with 109. Germasogeia recorded 73 sales worth €44.8 million, with a median value of €383,762 and an average of €613,991. Agios Tychonas had 16 transactions worth €18.1 million, with a median of €647,123 and an average of about €1.13 million. The source also notes that those buying off-plan should check the land title, encumbrances and planning and building permits, and have the contract reviewed by an independent lawyer before signing or paying.