What this guide covers
High-End Cyprus Property Sales Approach €200 Million in Q1 2026
The combined value of the 50 most expensive property transactions in Cyprus soared to €197.7 million during the first quarter of 2026. This insight comes from the latest figures provided by the Department of Lands and Surveys and analysed by Ask Wire, a technology-driven property intelligence firm.
Limassol and Paphos Dominate High-Value Sales
Among these premium deals, the top 10 alone accounted for €83.9 million. The largest was a remarkable land and building package in Moni, Limassol, valued at €19.7 million.
In terms of geographic distribution, high-value sales clustered primarily in Limassol and Paphos:
- 5 of the top 10 deals were in Paphos
- 4 in Limassol
- 1 in Larnaca
Overall, Limassol led the high-end market with 29 transactions worth a total of €107.2 million, while Paphos followed closely with 17 deals totalling €71.8 million.
Paphos Reflects Wide-Ranging Property Interest
Paphos distinguishes itself through a mix of luxury residential properties and significant land deals. Among the notable sales highlighted were a villa in Pegeia priced at €6.3 million and a residence in Agios Theodoros, Paphos, valued at €5.8 million.
Meanwhile, other districts recorded fewer but still notable high-end sales, including one €9 million transaction in Larnaca, two in Nicosia totalling €7.5 million, and a €2.2 million land sale in the free Famagusta district.
Land Sales Indicate Momentum for New Developments
Pavlos Loizou, CEO of Ask Wire, emphasized the robust performance of the land segment within this high-value market. Six of the top ten deals were for fields and plots, signaling potential growth and upcoming development activity.
Each district’s highest-value sale during Q1 involved land, underscoring this trend:
- Limassol: €19.7 million field
- Paphos: €9.5 million field
- Nicosia: €5.5 million plot
- Larnaca: €9 million plot
- Famagusta: €2.2 million field
Top 10 Highest-Value Property Sales (Q1 2026)
| Rank | Property Type | Sale Price | District / Area |
|---|---|---|---|
| 1 | Building & 6 Adjacent Fields | €19.7 million | Limassol / Moni |
| 2 | Field | €9.5 million | Paphos / Pegeia |
| 3 | Seaside Plot | €9 million | Larnaca / Chrysopolitissa |
| 4 | Field | €8 million | Paphos / Agia Marinouda |
| 5 | Field | €7.25 million | Limassol / Agios Athanasios |
| 6 | Commercial Building | €7.15 million | Limassol / Mouttagiaka |
| 7 | House | €6.3 million | Paphos / Pegeia |
| 8 | House | €5.8 million | Paphos / Agios Theodoros |
| 9 | Apartment | €5.7 million | Limassol / Agios Tychonas |
| 10 | Field | €5.5 million | Paphos / Moutalos |
This robust data serves as a baseline to watch how Cyprus’ luxury property market will navigate ongoing geopolitical uncertainties throughout 2026. Continuous transaction monitoring is crucial to understanding trends in buyer demand, market liquidity, and investment confidence in Cyprus.
For those interested in exploring different categories of properties across Cyprus, visit our listings of Villas and Plots of Land for Sale to find diverse options in prime locations.
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