The 10 biggest property transactions totalled €18.4m in April

07:02 - 30 May 2025

Real Estate

The 10 highest-value transactions nationwide totaled €18.4 million. The most expensive deal involved a plot in Engomi, Nicosia, sold for €3.3 million. Paphos led the top 10 list with four sales, followed by Limassol with three, Nicosia with two, and Larnaca with one transaction.

The 50 largest property transactions in April had a combined value of €43.8 million. Limassol narrowly led the market in high-value property sales, with its top 10 transactions accounting for 26 percent of the total. Paphos followed closely with 25.3 percent and Nicosia with 24.7 percent. A detailed breakdown shows that the top 10 sales in Limassol totalled €11.4 million, followed by Paphos with €11.1 million and Nicosia with €10.8 million. Larnaca recorded €6.3 million in top sales, or 14.4 percent, clearly ahead of Famagusta, which reached €4.2 million.

Pavlos Loizou, CEO of Ask Wire, noted that April can be described as a month of contraction for the high-end property market, with the value of the 50 most expensive transactions down by 52.8 percent compared to March 2025. Only 18 of these properties were sold for over €1 million. "Surprisingly, Larnaca recorded a subdued performance despite having developed a strong track record in the high-end segment. Meanwhile, Limassol appears to be operating at levels that are uncharacteristically moderate by its own standards, as two properties were sold for under €1 million, while the remaining eight were clustered below €1.8 million. Another notable trend is the presence of six field transactions among April’s top 10 sales."

In the breakdown of the 50 highest-value transactions, Ask Wire identified 22 houses, 13 fields, seven plots, six apartments, one apartment building, and one commercial property.

The 10 biggest property transactions totalled €18.4m in April

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