According to data from Ask According to Wire, a real estate analytics company, the 100 most expensive transactions in the Cyprus residential and commercial property market for July and August 2025 totaled €201.4 million. The analysis included the 10 largest transactions in each district, reflecting the continued interest in luxury real estate despite economic uncertainty.
In July, 10 major transactions were recorded, totaling €31.95 million. The most expensive was the sale of a building in the Katholiki area of Limassol for €9 million. Of the top ten transactions, four were in Limassol, two each in Nicosia and Famagusta, and one each in Larnaca and Paphos.
The total value of the 50 largest transactions in July amounted to €72.8 million.
Limassol took the lead, occupying the first three positions and accounting for 34.4% of the total transaction volume:
- Limassol: €25 million;
- Nicosia: €16.8 million;
- Paphos: €11.8 million;
- Famagusta: €11.4 million;
- Larnaca: €7.75 million.
According to Ask CEO Wire Pavlos Loizou said such “even coverage of five districts in the top 10 is rare”, indicating growing demand for luxury real estate across the country.
August saw one of the biggest deals of the year: an office building in the Tsiflikoudia area of Limassol was sold for €58 million, which had an impact on the entire market.
In total, the 10 largest transactions in August reached €83.5 million. Of these, 5 were in Limassol, 3 in Famagusta, and 1 each in Larnaca and Paphos.
The 50 largest transactions of August totaled €128.6 million, of which:
- Limassol – €78.4 million (61% of the total);
- Famagusta – €17.3 million;
- Larnaca – €16 million;
- Paphos – €10.6 million;
- Nicosia – €6.2 million.
Particularly noteworthy is the increase in activity in the Famagusta district , which overtook Larnaca in July and continued to strengthen its position in August. This indicates that the district has become attractive not only to tourists but also to investors in luxury residential real estate.
Among the most expensive transactions in July and August were three land sales in the central areas of Limassol and Larnaca. While it’s unclear whether these plots will be developed into residential projects, the purchase highlights the relevance of underutilized urban spaces.
