Sigma Live

Largest Real Estate Transaction Value in Limassol, Highest Prices in Paphos

Published January 16, 2026, 09:21
Largest Real Estate Transaction Value in Limassol, Highest Prices in Paphos

An analysis by Landbank Analytics for the period of January – October 2023 shows that Limassol accounts for the largest value of real estate transactions in Cyprus, exceeding €737 million, while Paphos stands out for its high average selling prices, with Akamas reaching €646,000. Germasogeia in Limassol holds the first position with sales worth €351.5 million, followed by the Municipality of Limassol with €274 million. The provinces of Larnaca and Nicosia have the highest number of transactions, attracting middle-income buyers. Larnaca offers more affordable options with an average price close to €200,000 - €220,000, while Nicosia has the most competitive average selling price of €195,000. Andreas Christoforides, CEO of Landbank, commented that Limassol and Akamas attract high-income capital, while Larnaca and Nicosia maintain their resilience through high transaction volumes.