September 2025: Tracking Cyprus’ Top 50 Luxury Property Sales

The luxury real estate market in Cyprus saw a measured pace during September 2025, with a total of 50 premium property sales recorded, amounting to €46.8 million. This insight comes from Ask Wire, a specialist firm focusing on data-driven property sales and construction analytics.

Limassol Leads the Pack in High-Value Transactions

Limassol retained its status as the flagship district for Cyprus’ upscale property market, boasting five out of the top ten most expensive sales. The highest-priced deal was a €5.1 million apartment in Limassol’s Ayios Antonios area.

Paphos secured three entries in the top ten, while Famagusta’s free area and Larnaca each made a single appearance, highlighting the geographical spread of valuable assets across the island.

The Top 10 Most Expensive Property Deals in September 2025

District-Wise Breakdown of High-Value Sales

• Limassol: Dominating with 34.2% of the total €46.8 million, Limassol’s top ten sales alone reached €16 million.
• Paphos: Holding 24.1% with €11.3 million in premium transactions.
• Famagusta (Free Area): Surprising many by outperforming Nicosia and Larnaca combined in this segment with €7.35 million (15.7%).
• Nicosia: Accounted for 13.1% of the top 50 value, amounting to €6.15 million.
• Larnaca: Nearly matched Nicosia with €6 million (12.8%).

Top-Value Property per District

• Famagusta: Field at €2.65 million (36% of district total)
• Larnaca: Apartment at €1.7 million (28.3%)
• Limassol: Apartment at €5.1 million (31.9%)
• Nicosia: Field at €1 million (16.3%)
• Paphos: House at €2.7 million (23.9%)

Market Insights and Commentary

Pavlos Loizou, CEO of Ask Wire, characterised September’s luxury property scene as “measured,” highlighting that there were just 15 sales exceeding €1 million. This aligns with the €46.8 million total value for the top 50 properties transacted.

Residential properties led the way with 22 house sales and six apartments closing deals. Land sales were considerable as well, with 13 fields and two plots sold. Interestingly, office spaces showed strong performance, particularly in Limassol where four out of five office deals were among the month’s top sales – emphasising Limassol’s growing role as a core area for high-value commercial investment. This includes a combined €6.1 million value from five office transactions, equal to the value of Nicosia’s top ten deals and higher than Larnaca’s total in the same category.

Looking Ahead: What This Means for Cyprus’ Luxury Market

Our data reveals a sustained dominance of residential property sales in Cyprus’ premium market, supported by an increasing share from land and office sectors, particularly in Limassol. For investors and homebuyers keeping an eye on top-tier opportunities, these trends underscore the importance of location and property type in value retention and growth.

For those interested in exploring options in different segments, check out our collections of Houses for Sale in Cyprus and even affordable choices like Cheap Houses and Villas for Sale Cyprus to discover value across the spectrum.

Sources: Department of Lands and Surveys, Ask Wire Analysis