Top 10 Most Expensive Property Deals in Cyprus

Cyprus Luxury Property Sector Demonstrates Resilient Investor Demand

According to the latest analytical report from real estate intelligence firm Ask WiRE, several major transactions were completed across Cyprus’s high-end property segment during July and August 2025.
Limassol once again reaffirmed its position as the financial and capital investment hub of the island, with luxury demand remaining consistently strong nationwide.

July 2025: Resilient Absorption and Regional Diversification

The aggregate transaction volume of the top 10 most expensive property sales in July surpassed €31.9 million.
The single largest transaction of the month was the acquisition of a commercial office building in Katholiki (Limassol) for €9 million.

Limassol dominated the upper tier, accounting for 4 of the 10 largest individual sales totaling €18 million.
Notable transactions included:

• a commercial office building in the Old Town - €4 million;
• a development land plot in Agios Tychonas - €2.8 million;
• a residential property in Mesa Geitonia - €2.2 million.

Substantial market activity was also registered across Nicosia, Paphos, Larnaca, and Famagusta.
The capital recorded two premium apartment sales at €2.15 million each, while coastal belts logged land plots and luxury homes ranging from €1.9 million to €2.7 million.

August 2025: Record Inflows and Institutional-Scale Transactions

August delivered exceptionally strong volumes for the luxury and commercial investment sector.
The top ten transactions generated an aggregate €83.5 million, headlined by a landmark sale—a commercial office development in Tsiflikoudia (Limassol) acquired for €58 million, marking one of the year’s largest single transactions.

The top 10 transactions also featured:

• a development plot in Katholiki - €9 million;
• a residence in Asomatos - €2.5 million;
• an apartment in Mouttagiaka - €2.3 million;
• a luxury villa in Ayia Napa - €2.97 million;
• a commercial development plot in Larnaca - €4.3 million.

The cumulative valuation of the top 50 transactions in August reached €128.6 million.
Of this total, 61% was concentrated in Limassol, cementing its position as the prime luxury market leader.

Cyprus Prime Property Market: Key Trends and Strategic Outlook