The Cyprus residential property sector revealed a deepening regional divide throughout the first ten months of 2025. According to a recent analysis by Landbank Analytics (reported via the Cyprus Mail), the market is currently operating at “multiple speeds,” driven by a combination of elite international capital and a resilient domestic search for affordable housing.
The Value Powerhouse: Limassol Takes the Crown
Limassol remains the undisputed heavyweight of the Cypriot property market in terms of financial turnover. Three specific areas within the district secured spots in the national top ten, collectively fueling more than €737 million in sales activity between January and October.
-
Germasogeia: The island’s top-performing area, generating €351.5 million in transactions with an average sale price of €584,000.
-
Limassol Municipality: Followed closely with €274 million in total sales.
-
Kourion Region: Ranked sixth nationwide, contributing an additional €111.7 million.
Volume vs. Price: Regional Performance Highlights
While Limassol captures the most capital, other districts lead in different metrics such as transaction counts and premium pricing.
| District | Market Specialty | Key Achievement (Jan–Oct 2025) |
| פאפוס | Luxury & Premium | Highest average prices; Akamas led at €646,000+. |
| לרנקה | High-Volume Growth | Busiest district for deals; Larnaca Municipality had 927 sales. |
| ניקוסיה | Stability & Domestic | Pillar of steady demand; Lakatamia offered the most accessible pricing. |
The Strategic Divide: Luxury vs. Accessibility
The report underscores a clear distinction between “investment magnets” and “residential hubs.”
-
Paphos has solidified its status as the premier destination for high-value properties, with three areas in the top ten maintaining average prices above €420,000.
-
Conversely, Larnaca and Nicosia are the engines of the mid-market segment. With average prices in active areas like Aradippou and Lakatamia hovering around €195,000 to €220,000, these regions are primarily sustained by local buyers seeking accessible housing.
As Landbank Group CEO Andreas Christoforides noted, this diversity provides the market with “real depth,” allowing it to remain active even as different sectors experience varying levels of price growth.
Source: Cyprus Mail