The land market in Cyprus has showcased remarkable growth during the first half of 2025, driven by a strong surge in agricultural land sales and strategic land acquisitions. Recent data from Landbank Analytics positions agricultural land — often overlooked — as a pivotal segment fueling property investment throughout the island.
In total, over €360 million was exchanged from 1,130 land transactions, forming a sizable chunk of the 8,729 overall property sales registered around Cyprus in this period. Notably, plots of land for sale dominate by volume, while fields command much higher average values, highlighting diverse investor strategies ranging from residential projects to large-scale developmental opportunities.
During H1 2025, 794 plot sales generated approximately €190 million, averaging €239,170 per transaction. Fields, though fewer with 336 sales, pulled in €170.5 million with an average value soaring to €507,440. This sharp contrast reflects that field transactions typically involve substantial land parcels prized for their development potential, beyond traditional agricultural uses.
Nicosia’s market leans heavily towards plots by transaction count, with 341 sales making plots the second most bought category after apartments. Yet, fields, although only 83 sold, command a higher average price of €363,654, compared to €220,331 for plots and €283,641 for residential properties.
Mirroring the capital, Limassol recorded 191 plot sales and 90 fields sold. However, the average field transaction value more than doubles that of plots, at €687,800 versus €305,000, underscoring strong investor interest in larger or strategically located land parcels.
Larnaca’s land sales leaned heavily on plots, with 173 transactions compared to 64 fields sold. Fields command the highest average sale price at €416,300 while plots stand at €204,500, clearly marking fields as high-value strategic purchases.
Paphos demonstrated 123 land transactions total, with fields averaging an impressive €846,700 per sale, the highest across Cyprus. In contrast, plots fetched €252,000, emphasizing Paphos’ pick as a hotspot for premium land investments.
Distinct from other districts, Famagusta saw fields lead both in sales number and value: 53 fields sold versus only 12 plots. Average prices were €241,000 for fields and €134,500 for plots, signaling a market trend focused heavily on agricultural and tourism-driven land development.
Andreas Christoforides, CEO of the Landbank Group, highlighted that “the land market remains the cornerstone of Cyprus’s real estate sector.” He emphasized that while plot sales bolster everyday residential and commercial projects, fields are emerging as long-term strategic assets.
Christoforides specifically pointed out the high average field prices in Paphos and Limassol as indicators of investment beyond agricultural value, encompassing zones earmarked for luxury resorts, renewable energy ventures, and other large-scale developments. This reflects a market where investors are increasingly prioritizing growth potential over immediate agricultural productivity.
With Paphos and Limassol leading in terms of high-value land purchases and Famagusta following its own unique trajectory, the overall sentiment is of a healthy, maturing market where strategic placement of investments promises continued momentum in Cyprus’ evolving property landscape.
For those looking to explore affordable options alongside premium opportunities, browsing Cheap Houses and Villas for Sale Cyprus offers a glimpse into the diverse real estate inventory available.
The evolving land market trends confirm the importance of analytics-driven insights when navigating property investments across Cyprus’ varied districts.
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