The combined value of the 50 most expensive property transactions completed in Cyprus during the first half of 2026 reached €286.4 million, according to data analysed by property intelligence platform Ask Wire.
The ten largest transactions alone accounted for €161.7 million, highlighting the continued concentration of high-value investment activity in the island’s premium real estate market.
€55 million Limassol deal tops the market
The largest transaction recorded between January and June involved the sale of agricultural land with an existing building in Moni, Limassol district, for €55 million, making it the most valuable property deal completed during the period.
Of the ten biggest transactions nationwide, six were completed in Limassol, with a combined value of €117.2 million. Paphos followed with three deals worth €35.5 million, while Larnaca recorded one transaction valued at €9 million.
Limassol continues to lead Cyprus property investment
Limassol retained its position as Cyprus’s dominant high-value property market across the broader list of the 50 largest transactions.
The district’s ten most valuable sales totalled €148.2 million, representing 51.7% of the combined value of the country’s top 50 property transactions.
Paphos ranked second, with its ten largest deals exceeding €68.8 million, accounting for 24% of the total value.
Elsewhere, the ten largest transactions in Nicosia reached €26.7 million, while the free Famagusta district recorded €21.4 million, narrowly ahead of Larnaca’s €21.2 million.
Land dominates high-value transactions
According to Ask Wire Chief Executive Officer Pavlos Loizou, land acquisitions continued to dominate the upper end of the market, with seven of the ten most expensive transactions involving fields or development plots.
He said these assets are likely to represent prime development opportunities, potentially earmarked for luxury residential schemes or hotel projects.
Loizou also noted growing demand for office accommodation, reflecting the continued arrival of international companies establishing operations in Cyprus in recent years.
Geopolitical uncertainty slowed activity
Loizou added that eight of the ten largest transactions were completed during the first quarter of 2026, suggesting that investment activity slowed during the second quarter.
He attributed this trend to uncertainty arising from the ongoing conflict in the Middle East, which he said influenced investor decision-making during the latter part of the reporting period.
The 10 most expensive property sales in the first half of 2026
| No | Property Type | Sale Price | District / Municipality – Community |
|---|---|---|---|
| 1 | Agricultural fields with a building | €55 million | Limassol / Moni |
| 2 | Agricultural field | €19.3 million | Limassol / Parekklisia |
| 3 | Plot of land | €14.5 million | Limassol / Potamos Germasogeias |
| 4 | Apartment | €13 million | Paphos / Kato Paphos |
| 5 | Agricultural fields | €13 million | Paphos / Pegeia |
| 6 | Offices | €10.7 million | Limassol / Agios Athanasios |
| 7 | Agricultural field | €9.5 million | Paphos / Pegeia |
| 8 | Plot of land | €9 million | Larnaca / Chrysopolitissa |
| 9 | Agricultural field | €8.9 million | Limassol / Potamos Germasogeias |
| 10 | Offices | €8.8 million | Limassol / Agios Athanasios |
Source: Department of Lands and Surveys, Analysis: Ask Wire