Insights from the latest Landbank Analytics report for January–October 2025 highlight the dynamic landscape of Cyprus’ property market. This multi-speed market is shaped by distinct regional trends, with certain areas leading in transaction values, prices, and volume of sales.
Limassol District remains the powerhouse of Cyprus’ property sector. It boasts three key areas contributing significantly to the island’s high-value transactions, collectively exceeding €737 million in sales.
Across these zones, roughly 1,600 sales occurred, reinforcing Limassol’s appeal to investors and buyers in the premium market segment.
Paphos is carving out a niche as Cyprus’s luxury hotspot. The Akamas region claims the highest average sale price on the island, surpassing €646,000, outpacing even Germasogeia. Other notable areas include Paphos Municipality (€123.6 million in sales) and Geroskipou (€78 million), all presenting average prices above €420,000, clearly targeting affluent purchasers.
While Limassol and Paphos attract high-end buyers, Larnaca District stands out in sheer transaction numbers. Larnaca Municipality leads nationally in deal volume, completing sales worth €207.2 million. Aradippou, with 394 transactions totaling approximately €77.9 million, also contributes to the district’s lively market.
These areas offer more accessible price points, with averages mostly ranging between €200,000 and €220,000, ideal for mid-market buyers exploring options such as cheap houses and villas for sale in Cyprus.
Nicosia’s market shows steady performance and stability. The city municipality ranks fourth in deal numbers, with 624 transactions amounting to €130 million. The suburb of Lakatamia rounds out the top seller list, featuring an average sale price near €195,000, making it the most affordable among leading zones.
Andreas Christoforides, CEO of Landbank Group, describes the current market as multifaceted. While Limassol and Akamas continue to attract high-income investments maintaining elevated price levels, Larnaca and Nicosia demonstrate resilience with consistent transaction volumes driven by demand for affordable housing.
For buyers eyeing a broad spectrum of opportunities, including more budget-friendly options, exploring our listings of cheap apartments for sale in Cyprus provides valuable insights into what the market offers at different price thresholds.
In conclusion, Cyprus’ real estate market in 2025 paints a picture of varied buyer preferences fueling activity across luxury to affordable segments. Understanding these regional dynamics helps investors, homeowners, and market watchers make informed decisions in this vibrant Mediterranean market.
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