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Largest Real Estate Transaction Value in Limassol – Highest Average Prices in Paphos

Published January 16, 2026, 08:32
Largest Real Estate Transaction Value in Limassol – Highest Average Prices in Paphos

An analysis by Landbank Analytics for the period of January - October 2023 reveals that Limassol holds the leading position in real estate transactions in Cyprus, with a total value of €737 million. Germasogeia stands out with sales worth €351.5 million and an average selling price of €583,905, followed by Limassol Municipality with €274 million. Paphos, although having a smaller transaction volume, is distinguished by its higher average selling prices, especially in the Akamas area, where the average price exceeds €646,000. The provinces of Larnaca and Nicosia attract middle-income buyers, offering more affordable options, with average prices around €200,000 - €220,000 and €195,000 respectively. The analysis demonstrates a diversified real estate market, with Limassol dominating in value and Paphos in prices, while Larnaca and Nicosia offer options for a wider range of buyers.