Top 10 Most Expensive Property Deals in Cyprus

Cyprus Luxury Real Estate Market Shows Stable Investor Interest

According to the latest report by Ask WiRE, July and August 2025 saw several major transactions in Cyprus’s premium real estate segment.
Limassol once again confirmed its status as the financial and investment capital of the island, while demand for high-end properties remained strong across all regions.

July 2025: Steady Demand and Regional Diversity

The total value of the top 10 most expensive deals in July exceeded €31.9 million.
The month’s largest transaction was the sale of an office building in Katholiki, Limassol, for €9 million.

Limassol dominated the market, accounting for 4 out of 10 top transactions, totaling €18 million.
Other notable deals included:

• Office building in the Old Town - €4 million

• Plot in Agios Tychonas - €2.8 million

• House in Mesa Geitonia - €2.2 million

Significant sales were also recorded in Nicosia, Paphos, Larnaca, and Famagusta, with luxury apartments and plots ranging from €1.9 to €2.7 million.

August 2025: Record Transactions and Investment Confidence

August proved to be a record month for the luxury segment.
The top 10 sales brought in €83.5 million, including a landmark deal - an office building in Tsiflikoudia, Limassol, sold for €58 million, one of the year’s biggest transactions.

Key deals included:

• Plot in Katholiki - €9 million

• House in Asomatos - €2.5 million

• Apartment in Mouttagiaka - €2.3 million

• Villa in Ayia Napa - €2.97 million

• Plot in Larnaca - €4.3 million

The total value of the 50 largest August deals reached €128.6 million, with Limassol accounting for 61% of the total market volume.

Cyprus Luxury Real Estate Trends

According to Pavlos Loizou, CEO of Ask WiRE, July was remarkable as all regions of Cyprus were represented among the top luxury sales - a sign of expanding geographical demand.

Famagusta stood out with strong performance, surpassing Larnaca and nearly matching Paphos in transaction volume.
In August, Limassol reaffirmed its dominance, while Famagusta and Larnaca continued to attract investors thanks to growing interest in coastal properties.

Conclusion

Cyprus continues to strengthen its reputation on the global luxury real estate map.
Investors choose the island for its stability, transparent regulations, and high return potential.