The land sector in Cyprus has demonstrated robust performance during the first half of 2025, with recent data from Landbank Analytics revealing significant momentum. Agricultural land sales, often overlooked, have emerged as the powerhouse driving strategic property investments across the island.
In total, land transactions—including both plots and fields—surpassed €360 million from 1,130 sales out of 8,729 total property sales recorded nationwide (source).
Plots accounted for the majority of transactions, with 794 sales totaling nearly €190 million. Meanwhile, 336 fields, although fewer in number, commanded substantial values amounting to €170.5 million. This highlights that fields typically involve larger land parcels situated in prime locations with elevated development potential.
Average prices reflect this divide: fields averaged around €507,440 per sale, more than double the €239,170 average for plots. Plots largely cater to residential developments, while fields are increasingly targeted by investors looking for strategic growth opportunities.
Nicosia’s land market saw plots lead in volume (341 sales), second only to apartments, but fields commanded the highest average transaction price among all property types at €363,654, surpassing residential properties (€283,641). The average plot price was €220,331.
Limassol mirrored Nicosia’s trend, with 191 plot sales—second after apartments (201 sales). However, the 90 field transactions here averaged a commanding €687,800, more than twice the plots’ €305,000 average price, reflecting strong investor interest in strategic parcels.
In Larnaca, plots sold nearly three times more than fields, with 173 plots transacted as the second most popular asset after apartments. Fields averaged €416,300—the highest value for land sales in the district—compared to €204,500 for plots.
Paphos featured 123 land transactions, with fields offering exceptional value: an average price of €846,700 compared to €252,000 for plots, signalling this district’s appeal for high-value, large-scale investments.
Famagusta diverged from other districts, as fields dominated both in transaction numbers and value. There were 53 field sales versus only 12 plots, with average prices at €241,000 for fields and €134,500 for plots. This underscores the district’s focus on tourism and agricultural land development.
According to Andreas Christoforides, CEO of the Landbank Group, “Land transactions underpin Cyprus’ property market, with plots continuing to meet immediate residential and commercial demand, while fields serve as strategic investment vehicles.”
He points to extraordinary average field prices in Paphos and Limassol—nearing €850,000 and €700,000 respectively—which reflect land’s rising value beyond traditional agricultural use. Many of these sales involve large tracts earmarked for tourism projects, renewable energy, or upscale resort developments.
While Paphos and Limassol lead the high-value investment segment, Famagusta maintains a steady market focused on fields for tourism and farming purposes. Collectively, these trends indicate a maturing, dynamic land market where investors aim to secure assets with significant growth potential.
For those exploring opportunities in Cyprus’ evolving land market, consider browsing our Plots of Land for Sale or our selection of Cheap Houses and Villas for Sale Cyprus to find properties that fit a range of budgets and investment strategies.
As Cyprus’ property landscape continues to grow more diverse and strategic, the land market remains a cornerstone for both traditional buyers and forward-looking investors.
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