The top 50 residential property transactions in 2024 totalled €386.2 million. The top ten most expensive properties accounted for 51.7% of the total transaction value, all located in Limassol. Nicosia came in second with 17.5%, while Paphos came in third with 16.3%.
The most expensive deals by district
In 2024, the highest value deals were distributed as follows:
| District | Price |
| Limassol | €199.7 million |
| Nicosia | €67.8 million |
| Pathos | €62.8 million |
| Larnaca | €37.8 million |
| Famagusta | €18.1 million |
According to Pavlos Loizu , CEO of Ask Wire , 2024 has been a dynamic year for the Cyprus residential property market. The number of high-value transactions has increased by 35% compared to 2023. Limassol, Nicosia and Paphos have emerged as the market leaders, offsetting the decline in activity in Larnaca and Famagusta.
In addition, the four largest office transactions totalled €88.2 million, representing 42% of the top ten transactions, highlighting the strong demand for premium commercial real estate.
The largest transactions by district
| District | Most expensive deal (€) | Property type | Share of top 10 sales in the area (%) |
| Famagusta | 4.2 million | Hotel | 23.2% |
| Larnaca | 9 million | Land plot | 23.8% |
| Limassol | 39.3 million | Residential complex | 19.7% |
| Nicosia | 19 million | Office | 28% |
| Pathos | 14.3 million | Tourist complex | 22.8% |
