The Cypriot real estate market in 2025 was not defined by record transaction volumes, but by capital concentration. The island continued to sell steadily, yet the defining feature of the year was where the money accumulated, not how many properties changed hands.
Official data from the Department of Lands and Surveys makes one thing clear: Limassol dominated by value, while Nicosia led by volume. Other regions played important, but more specialised roles within the broader market structure.
The Overall Picture: Cyprus Real Estate in 2025
By the end of 2025, Cyprus recorded:
- 19,304 property sale transactions
- €4.729 billion in total accepted amount
The accepted amount is particularly important. Unlike asking prices, it reflects the value recognised by the state for tax and transfer purposes, making it one of the most reliable indicators of real market value.
The takeaway from 2025 is not explosive growth, but a more expensive market, driven by high-value transactions rather than sheer volume.
Limassol — the Capital of Capital
Limassol consolidated its position in 2025 as Cyprus’ primary destination for large-scale capital.
Confirmed figures for the year:
- 4,940 transactions
- €1.738 billion accepted amount
This represents approximately 37% of the total value of all real estate transactions in Cyprus.
Crucially, Limassol is not the leader by transaction count. Its dominance comes from higher average deal values, driven by:
- luxury apartments and penthouses,
- high-rise residential developments,
- mixed-use projects,
- large-scale investment and commercial assets.
Throughout 2025, the majority of the island’s highest-value transactions — regardless of month — were concentrated in Limassol, reinforcing its role as the epicentre of premium real estate.
Nicosia — Liquidity and Market Volume
Nicosia remained the most active real estate market by number of transactions in 2025.
Key figures:
- 5,917 transactions (the highest in Cyprus)
- €1.088 billion accepted amount
The capital’s role is structural rather than speculative:
- strong local demand,
- primary residences,
- stable employment-driven housing needs,
- high liquidity.
While Nicosia generates the largest number of sales, its average transaction value is significantly lower than Limassol’s, explaining the gap in total value.
Paphos — A Lifestyle-Driven Market
Paphos maintained its position in 2025 as one of Cyprus’ key regional markets by value, particularly in residential property.
Annual data:
- 3,415 transactions
- €968.8 million accepted amount
The region continues to attract:
- international buyers,
- second-home purchasers,
- lifestyle-oriented investors.
However, Paphos rarely features among the island’s largest individual transactions. Its strength lies in consistent mid-to-upper segment demand, rather than record-breaking deals.
Larnaca — Steady Growth Without Overheating
Larnaca delivered a solid, balanced performance in 2025.
Confirmed figures:
- 3,855 transactions
- €698.5 million accepted amount
The city increasingly appeals to buyers seeking:
- lower entry prices compared to Limassol,
- improving infrastructure,
- long-term growth potential.
Despite rising interest, Larnaca has not yet become a hub for ultra-high-value transactions, remaining firmly in the growth and value segment.
Ayia Napa and the Famagusta District — Small Market, Loud Deals
The Famagusta district accounted for a smaller share of the national market in 2025, but stood out through isolated high-value resort transactions.
Annual figures for the district:
- 1,177 transactions
- €236.6 million accepted amount
While limited in scale, the area periodically produced deals large enough to appear in monthly top-10 transaction rankings, particularly in the luxury coastal and resort segment.
What 2025 Ultimately Revealed About Cyprus Real Estate
By the end of the year, the structure of the market was clear:
- Limassol — €1.738bn → centre of high-value capital
- Nicosia — 5,917 deals → liquidity and transaction volume leader
- Paphos — €968.8m → stable lifestyle-driven demand
- Larnaca — €698.5m → growth-oriented, balanced market
- Famagusta / Ayia Napa — €236.6m → niche luxury resort transactions
2025 did not make Cyprus’ property market chaotic or speculative. Instead, it made it more structured, with each region occupying a clearly defined role.
And when it comes to where the biggest money went, the answer remains consistent:
Limassol.
Sources
Department of Lands and Surveys (DLS), CyprusOfficial annual statistics on real estate sale transfers for 2025, including transaction volumes and accepted amounts by district.https://portal.dls.moi.gov.cy/wp-content/uploads/2025/02/Transfers-of-Sale-2025.pdf
Ask Wire — Real Estate Market Analytics (based on Cyprus Land Registry data)Analysis of the largest real estate transactions in Cyprus, highlighting high-value deal concentration in Limassol during 2025.https://www.linkedin.com/posts/ask-wire_ask-wire-the-10-largest-real-estate-deals-activity-7359127434102734850-tTL8/
In-Cyprus / PhilenewsCoverage of luxury real estate transactions, including monthly top-value deal breakdowns used to illustrate broader annual trends.https://in-cyprus.philenews.com/insider/limassol-dominates-cyprus-luxury-property-sales-october/
