New reports on the Cyprus property market in 2026 indicate continued demand in the luxury sector, but new tax laws and VAT (Value Added Tax) reforms in new construction projects have changed buyers’ calculations. Also, the process of obtaining a “purchase permit” for non-EU nationals has been subject to stricter supervision to ensure the security of transactions. Buyers should consider transfer costs, stamps and current taxes in their financial model in addition to the property price.

Exclusive Nihad Group analysis:

Buying a property in Cyprus for Iranians is not just a commercial transaction, but often a bridge to permanent residence. Nihad Group recommends that before signing any purchase agreement, the status of the “Title Deed” and the property’s compliance with the Immigration Department standards be checked by our trusted lawyers. A wrong purchase can result in the capital being locked without receiving residency.