In September, the ten priciest property sales in Cyprus totaled €30 million, with Limassol dominating the list, accounting for 62% of these high-value transactions. The most expensive property was a €5 million land plot in Yermasogeia, in Limassol’s Amathus municipality. The Limassol district recorded six of the top ten sales, totaling €18.5 million. Paphos followed with two transactions worth €6.5 million, while Nicosia and Larnaca registered one each, valued at €2.9 million and €1.8 million, respectively.
Across Cyprus, the 50 most expensive property transactions in September collectively amounted to €57.5 million, with Limassol properties making up 43% of the total value and Paphos properties representing 22.8%. The top 10 sales in Larnaca were valued at €8.3 million, slightly surpassing Nicosia’s top 10, which sold for €8 million. The Famagusta district’s highest-value transactions reached €3.4 million.
According to Pavlos Loizou, CEO of Ask Wire, land sales led the high-value market in September across three of Cyprus’s five districts, with residential properties comprising the bulk of the top transactions. Limassol and Paphos emerged as key areas for luxury residential sales, while Nicosia and Larnaca exhibited similar market levels for high-end properties.