The Cyprus real estate market demonstrated impressive resilience and growth during the first half of 2025, with the ten highest-value property transactions totaling a remarkable €169 million, as reported by Ask Wire. This solid performance highlights ongoing investor confidence despite global economic uncertainties.
Limassol stood out as the prime hotspot, securing six of the top ten property sales. The most significant transaction involved an apartment complex in Tsiflikoudia, sold for €44.8 million, underpinning the city’s status as a leading investment centre. Overall, Limassol’s top ten sales contributed €105.7 million of the total.
The cumulative value of Cyprus’s 50 largest property transactions soared to €306.1 million in the first half of 2025, marking a robust 16.8% increase compared to the same period last year. While Limassol and Nicosia remain leaders, more regions, including Paphos and Larnaca, are attracting considerable investor interest. Nicosia made its mark with two high-profile sales worth €41.8 million, while Paphos followed closely with transactions totaling €21.5 million.
| District | Value of Top 10 Sales (€ million) | Share of Total (%) |
|---|---|---|
| Limassol | €132.0 | 43.1 |
| Nicosia | €67.4 | 22.0 |
| Paphos | €54.6 | 17.8 |
| Larnaca | €27.8 | 9.1 |
| Famagusta | €24.3 | 8.0 |
June alone saw the top ten sales exceed €27.1 million, with a distinguished €6.2 million sale of a house in Ayia Napa topping the list. Limassol again dominated with four sales in the top ten, while Nicosia, Larnaca, and the free area of Famagusta each made notable contributions. Cumulatively, June’s 50 largest sales topped €52.9 million.
Pavlos Loizou, CEO of Ask Wire, commented on the results: “The premium property segment has shown remarkable vitality in H1 2025, with a strong year-over-year increase of 16.8% in top sales value.” He added, “Investor interest is diversifying beyond Limassol into Nicosia, Paphos, and Larnaca, underscoring Cyprus’s growing appeal.”
Loizou emphasized the importance of land acquisitions, noting that these purchases underscore confidence in Cyprus’s long-term development prospects: “We anticipate these parcels will soon contribute to new, high-quality projects.”
While Limassol continues to attract high-end buyers, emerging hotspots like Paphos and Larnaca present exciting opportunities, especially for those seeking plots of land for future development. Investors monitoring the market should keep an eye on these shifts that reflect widening interest across the island.
For those exploring opportunities beyond premium listings, consider browsing our collection of affordable houses and villas that offer great value across Cyprus.
In sum, the Cypriot property market remains dynamic, offering diverse options from high-value apartments to strategic land investments that demonstrate both stability and growth potential.
All figures and analyses are based on official data from the Department of Lands and Surveys and expert interpretation by Ask Wire.
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