Top Real Estate Transactions of the First Half of 2025: Unveiling the Biggest Deals in the Property Market
High-Value Property Transactions Boom in Cyprus
The property market in Cyprus has seen a significant surge in high-end transactions, with the top 10 deals in June 2025 alone totaling over €27.1 million. This follows a broader trend of high-value sales during the first half of 2025, with the 50 most expensive transactions reaching a combined value of €306.1 million.
The district of Limassol has been the frontrunner in this trend, accounting for nearly half of the total value of the top 50 sales. The most expensive deal involved part of an apartment complex in Limassol, sold for €44.8 million. Limassol also recorded the most sales in the top 10 transactions in June 2025, with four transactions.
Other districts contributing to the high-end property market include Nicosia, Larnaca, and Famagusta, each with two sales in the top 10 list of highest-value sales in the January-June 2025 period. Larnaca and Famagusta had sales worth €27.8 million and €24.3 million, respectively, while Nicosia accounted for €41.8 million. Paphos also made a significant contribution, with two sales totaling €21.5 million.
The most expensive single transaction was a house in Ayia Napa, Famagusta, sold for €6.2 million. The total value of the top 50 transactions in June 2025 exceeded €52.9 million, marking a strong showing for the premium segment of the market.
Overall, the property transfers in Cyprus during the first half of 2025 amounted to €2.3 billion, reflecting a 10% increase in value compared with the first half of 2024. This indicates that while the top 10 and top 50 transactions represent a significant but smaller segment of the broader market value, they still form a substantial component of the total market value.
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- The high-value property market in Limassol, Cyprus, has been leading the surge, accounting for nearly half of the total value of the top 50 high-end sales in the first half of 2025.
- The most expensive single transaction was recorded in Famagusta, specifically in Ayia Napa, where a house was sold for €6.2 million.
- Alongside Limassol, Nicosia, Larnaca, and Famagusta have all contributed to the boom in high-end property sales, with each district recording two sales in the list of the top 10 highest-value sales in January-June 2025.
- Paphos also played a significant role in the high-end property market, with two sales totaling €21.5 million.
- The property market in Cyprus experienced a notable rise in the first half of 2025, with overall transactions amounting to €2.3 billion, representing a 10% increase in value compared with the first half of 2024.
- The European Union (EU) might consider investing in Cyprus's real estate market, given the significant growth and potential for profit in the high-value property sector, particularly in tech-oriented cities like Larnaca and Limassol.
- For those interested in the finance and real estate sectors in Cyprus, it's advisable to explore more insights and opportunities at Ask Wire.
