From €58 million mixed-use assets to ultra-luxury residences, Limassol’s property market in 2025 delivered a series of high-value transactions that underscore shifting investor priorities across Cyprus.
According to PwC Cyprus’ Cyprus Real Estate Market – Year in Review 2025, the city once again recorded the largest individual deals nationwide, reinforcing its position as the island’s primary real estate investment hub. The report’s analysis reveals that while residential demand continues to drive overall market activity, what dominates the upper end of the market is prime commercial assets, large-scale land parcels and coastal developments.
Drawing on data from the Department of Lands and Surveys, PwC highlights both the scale and composition of these transactions. Limassol’s top five deals ranged from €15.2 million to €58 million, with the highest-value transaction, an office component within a mixed-use development near Limassol Marina, setting the benchmark for prime real estate in Cyprus.
Below is a list of Limassol’s Top 5 property deals of 2025:
1. Mixed-use development (Commercial): €58 million
Located in Tsiflikoudia, near Limassol Marina, this transaction offers an office space within a high-end mixed-use project. As the largest deal of the year, it underscores strong demand for Grade A commercial space in prime waterfront locations and highlights Limassol’s role as a business hub.
2. Mixed-use development (Residential): €44.8 million
Also situated in Tsiflikoudia near Limassol Marina, this deal concerns the residential component of the same large-scale mixed-use development. It reflects continued investor interest in luxury apartments integrated within flagship coastal projects.
3. Office building: €28.5 million
This transaction concerns the 5th to 9th floors of an office building under construction along 28th October Avenue in the Agios Athanasios/Amathounta area. It points to sustained confidence in future supply and demand for modern office space along Limassol’s main commercial corridor.
4. Land field (c.31,000 m²): €26 million
Located in Mesa Geitonia along Spyrou Kyprianou Avenue, this large land parcel falls within both residential and commercial planning zones. The acquisition reflects strategic land banking and signals future development potential in a key urban area.
5. Luxury penthouse apartment: €15.2 million
Situated in Germasogeia (Potamos Germasogeias), this three-level penthouse features five bedrooms and is positioned on the 21st floor of a residential tower. The deal highlights strong demand for ultra-luxury, high-rise living in Limassol’s prime coastal districts.
The data points to a market which remains exceptionally strong and dominant at a national level. Limassol accounted for €2.6 billion in transactions and 7,085 deals in 2025, maintaining its position as the largest real estate market in Cyprus.
The resilience is reflected in stable apartment values and rising prices in certain land segments, suggesting that demand, particularly for prime and strategically located assets, continues to underpin the market, even as it adjusts after several years of sustained growth.
Read the complete report here.
