Limassol Leads Cyprus Luxury Property Market with €87.6 Million in Top Sales – October 2025

October 2025 has once again showcased Limassol’s dominance in Cyprus’ luxury real estate sector, with the city securing eight out of the top ten highest-value property transactions on the island. The combined value of these top ten sales reached an impressive €87.6 million, according to Ask Wire, a leading property data analytics platform.

Record-Breaking Sales in Limassol

Topping the list was a spectacular three-floor apartment in Potamos Germasogeia, Limassol, sold for €15.2 million. This transaction underlines the city’s continued appeal to high-net-worth buyers seeking luxury apartments, a market segment less active in other districts.

Limassol’s share included a diverse mix of property types, from touristic buildings to office complexes, with noteworthy sales like a €15 million touristic building in Potamos Germasogeia and a €14.8 million office building in Neapolis. This diversity further cements Limassol as a hub not only for residential luxury but also for commercial and mixed-use investments.

Highlights from Other Districts

The only non-Limassol transactions on the list were two high-value sales in the free Famagusta district, specifically in Ayia Napa, totaling around €11 million. These predominantly included land plots and a luxury house, reflecting ongoing interest in prime coastal locations beyond Limassol.

A Closer Look at the Numbers

• Four residential properties among the top ten — three apartments in Potamos Germasogeia and one house in Ayia Napa — totalled nearly €32 million.
• Three land plots featured prominently, valued collectively at approximately €17 million, signaling strong demand for development opportunities.
• Commercial and mixed-use buildings completed the list, highlighting Limassol’s dynamic property market profile.

Market Insight

Pavlos Loizou, CEO of Ask Wire, emphasized that Limassol continues to be the hotspot for high-end transactions on the island, with seven- and eight-figure deals regularly occurring there, particularly involving apartments. Germasogeia, a key Limassol suburb, consistently registers substantial sales, reinforcing its status as a prime luxury enclave.

What This Means for Buyers and Investors

For those exploring Cyprus property, Limassol’s luxury market remains vibrant and offers a range of high-value opportunities. However, buyers can also consider alternatives like cheap apartments or plots of land for sale in other regions for different investment goals.

Overall, the October 2025 data provides a transparent glimpse into current luxury trends, showing a stable, active market that continues to attract both local and international investors without overinflated expectations.