Introduction
Amid global economic turbulence, Cyprus continues to hold its position as a reliable investment haven. A high level of safety, favourable climate, tax advantages and expanding infrastructure make the island one of the leading destinations for buyers of luxury homes.
In the first half of 2025, the premium property market recorded particularly impressive growth: transactions in this segment significantly outpaced the overall market. A joint study by Anisad.com and My Space shows that demand is driven primarily by villas and ultra-luxury projects, with Limassol and Paphos leading the way.
Key Market Figures
- Total property transaction value in Cyprus (H1 2025): €2.27 billion (+10% vs 2024).
- Number of transactions: 9,585 (+16%).
- Average transaction size: €237,600.
- Top 50 premium transactions (over €1m): €306 million (+16.8%).
Regional breakdown:
- Limassol — €809.3m, 2,725 deals. Clear leader.
- Paphos — €485m, 1,653 deals. Growth of more than 20%.
- Nicosia — €554.8m, 2,859 deals. Driven by domestic demand.
- Larnaca — €324m (+24% in transaction volume).
- Famagusta — €104.6m (~400 deals).
What Buyers Choose: Villas vs Apartments
- Villas account for up to 70% of premium transactions. They are chosen for privacy, spacious plots, swimming pools and panoramic views.
- Apartments and penthouses make up around 30%. They appeal to those seeking a “turn-key lifestyle” with services, security and amenities, while keeping maintenance costs predictable.
Price Segments and the Shift Towards Ultra-Luxury
- €1–2m — core of the market: high-quality villas and modern apartments.
- €2–5m — strong growth: signature architecture, large plots, sea frontage.
- €5m+ — ultra-luxury. Still a smaller slice, but expanding rapidly: exclusive seafront villas, historic residences and panoramic penthouses. This is the fastest-growing segment.
Who Buys: International vs Domestic Demand
- International clients account for 80–85% of premium transactions (€1m+).
- Europe (UK, Germany, France, Scandinavia) — seek stability and quality of life.
- Middle East (Israel, Lebanon, UAE) — value proximity and a secure jurisdiction.
- Russia, Ukraine, Belarus — motivated by climate and safety.
- Asia (China, Hong Kong) — an emerging segment, focused on investment and residency.
- Local buyers (15–20%) — affluent Cypriots and residents upgrading homes or purchasing property for family needs.
Melrose Villas: A Case Study in Premium Development
When it comes to the luxury market in Cyprus, especially in Limassol, it is clear that successful projects share several defining traits: a prestigious location, architectural quality, liveability and a sound investment model. Melrose Villas embodies these qualities.
Location: Agios Tychonas — Limassol’s ‘Golden Triangle’
Agios Tychonas is consistently ranked among the city’s top three prime locations. It balances privacy with access to urban amenities: Limassol Marina, leading international schools, five-star hotels, restaurants and Blue Flag beaches are all nearby. For investors, this ensures both asset preservation and long-term growth in value.
Architecture and Concept
- Contemporary eco-villas in a neo-constructivist style: clean lines, expansive glazing, spacious terraces.
- Each villa includes a private pool, landscaped garden and relaxation area — essentially a “family resort” at home.
- Living areas range from 260–602 m² on plots of 600–1,000 m², with flexible layouts.
- Energy-efficient technologies include solar panels, water recycling systems and sustainable materials.
Infrastructure and Comfort
Designed as a boutique enclave of just eight villas:
- Gated community with CCTV and security.
- Private parking and easy access roads.
- Only a few minutes’ drive from the sea.
- Close to spas, gyms and golf courses.
Investment Attractiveness
- Timeline: construction began January 2025, completion scheduled for Q2 2026 — just 18 months, among the fastest cycles on the market.
- Developers: Stylianides Group (25 years in Limassol projects) in partnership with Vidi Group LTD.
- Sales: handled by certified agency My Space.
- ROI: experts estimate up to 20% return on resale after completion, or steady yield via long-term rental.
- Target audience: international investors, high-income families and expatriates considering Cyprus as a permanent base.
Why Melrose Villas Reflects Market Trends
- Location: prestigious yet accessible.
- Format: limited number of villas emphasising privacy.
- Architecture: contemporary design aligned with global luxury standards.
- Investment logic: short development cycle and projected yield.
- Market fit: directly addresses the 2025 trend — rising demand for ultra-luxury villas in Limassol.
Thus, Melrose Villas is not simply a residential project but a showcase of how Cyprus is setting new benchmarks in luxury real estate.
Outlook for H2 2025
- Limassol and Paphos will maintain their positions as hubs of the premium segment.
- Demand for villas will continue to outstrip supply, especially for developments of Melrose calibre.
- Price growth is expected to persist, particularly for properties with unique attributes.
Conclusion
Cyprus’s luxury property market in 2025 has proven its resilience: rising transaction volumes, growing interest in ultra-luxury and Limassol’s leadership all shape positive expectations for the second half of the year.
Projects such as Melrose Villas are more than just properties — they are symbols of a new lifestyle standard, combining architecture, location and investment appeal. These case studies demonstrate that Cyprus is no longer merely selling square metres — it is offering a way of life sought by international investors.
Discover current opportunities with My Space on Anisad.com, where only verified premium projects across Cyprus are presented.
