Limassol continues to be the centre of the Cyprus property market, confirming its reputation as a key investment and growth destination. In 2024, it recorded 7,348 transactions worth €2.53 billion. However, these figures hide deeper market processes that determine the success of some developers, who sell their projects 30% faster than their competitors. This differentiation is not only related to location or visibility, but also to the strategic use of data, the accuracy of pricing and the effective management of information provided by the market itself.
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Structure of the residential real estate market
Of the total number of transactions, 3,931 (53.5%) concerned residential real estate with a total value of €1.58 billion or 62.5% of the total. Of these:
- apartments accounted for 72% of transactions (2,821 units) with a total value of 1.08 billion euros,
- houses accounted for 28% (1,110 properties) worth 497 million euros.
Buyers pay special attention to new apartments: 2121 sales accounted for 75.2% of all apartment transactions. Modern projects offering energy efficiency , ergonomics and a good location are in high demand.
Pricing as a determining factor
The average cost per square metre in new apartments is 5,800 euros, and the average price is 4,500 euros. The price range varies:
- the lower quartile (Q1) starts at 3590 euros,
- the top one (Q3) reaches 6174 euros per square meter.
Properties just below the third quarter are seeing high sales rates due to the combination of price and quality, characteristics that are especially important to most buyers and investors.
The Impact of Number of Storeys on Property Prices
Price dynamics show that the price per square meter increases with the floor. Analysis shows that the price per square meter increases with . Prices for the first four floors range from 3,724 to 4,337 euros, on floors 5–6 – from 6,126 to 6,261 euros, and on floors 7–8 – more than 8,500 euros per sq. m. Penthouses (9th and 10th floors) reach even 14,500 euros/sq. m.
Moderate floor premiums ensure balanced sales, while excessive increases can slow down the sale of properties.
Popular types of apartments
Buyers are more likely to choose two-bedroom apartments, which provide a balance between functionality and investment appeal. Transaction data:
- single: 236 units, average price – 224,910 euros,
- two-bedroom : 221 units, average price – 414,000 euros,
- three-bedroom : 123 units, average price – 753,500 euros,
- four or more bedrooms: 37 units, average price €2.21 million.
Developers Platform View
The modern market requires developers to use accurate data. Developers Platform View by Ask Wire provides tools for real-time market monitoring. Developers and investors can analyze sales dynamics, adjust prices and manage supply based on actual data, not assumptions.
Limassol property market remains dynamic and transparent. Success in 2025 depends on the use of analytics and adaptation to buyer preferences. With the growing demand for energy-efficient projects and comfort, data is becoming a key tool for developers, investors and agents.
