The latest analysis by Landbank Analytics maps out the region’s leading Cyprus’ real estate activity and shaping the broader investment landscape.
Focusing on the top-performing areas across the island from January to October 2025, the data reveals a multi-speed market: Limassol commands the lion’s share of transaction value, Paphos stands out for its high average sale prices, and the districts of Larnaca and Nicosia lead in number of transactions, drawing mid-market buyers.
Limassol District: The powerhouse of the market
Limassol continues to assert its position as Cyprus’ leading real estate hub, with three of its areas featuring in the island’s top 10, collectively exceeding €737 million in sales value. Germasogeia tops the national list with €351.5 million in sales and an average price of €584,000, attracting high-value investments. Limassol Municipality follows in second place with €274 million in transactions, while the Kourion area ranks sixth island-wide, adding €111.7 million. Limassol’s dominance is clear, combining high asset values with significant sales volume — over 1,600 transactions across the three areas.
Paphos District: A magnet for luxury real estate
Paphos stands out as Cyprus’ prime destination for premium residential property, with three of its areas making the national top 10. The Akamas area — which includes Peyia — ranks seventh by total sales value (€88.5 million), but leads nationwide in average price, exceeding €646,000, even outpacing Germasogeia. Paphos Municipality ranks fifth with €124.6 million, and Geroskipou follows with nearly €78 million. All three areas maintained average prices above €420,000, confirming the high quality of housing on offer.
Larnaca District: Leader in transaction volume
Larnaca emerged as the island’s most active market in terms of sales volume during the first ten months of 2025. Larnaca Municipality recorded 927 transactions worth €207.2 million, more than any other single area in Cyprus. Along with Aradippou — ninth overall with 394 transactions totaling €77.9 million — the district attracts buyers seeking more affordable options, with average prices ranging from €200,000 to €220,000.
Nicosia District: A stable value for the middle class
Nicosia remains a key pillar of domestic demand. Two of its municipalities appear in the national top 10, with combined sales close to €207 million. Nicosia Municipality ranks fourth with 624 transactions worth €130 million, while Lakatamia rounds out the top 10, offering the most competitive average price at €195,000. The district is defined by price stability and strong demand for mid-range housing, serving primarily local homeowners.
Commenting on the analysis, Andreas Christophorides, CEO of Landbank Group, stated, “This detailed breakdown highlights the diversity of Cyprus’ real estate market.
Limassol and Akamas act as magnets for high-income capital, maintaining record prices. In contrast, Larnaca and Nicosia prove their resilience through high transaction volumes, responding to the steady demand for affordable housing.
The analysis of average sale prices reveals the true depth of the market: In Akamas and Germasogeia, where prices exceed half a million euro, we’re clearly talking about investment portfolios and high-net-worth buyers. On the other hand, the resilience shown by areas like Lakatamia and Aradippou, with prices near €200,000, confirms that domestic need for accessible housing remains the fundamental driver sustaining overall market volume.
At Landbank Analytics, we monitor these distinctions closely — providing our clients with the insights they need to make targeted and successful investment decisions.”
