Based on Land Registry data published this week, the ten most expensive transactions nationwide totalled €18.4m. The highest-value deal was the €3.3m sale of a plot in Engomi, Nicosia. Paphos dominated the top 10 list with four sales, followed by Limassol with three, Nicosia with two, and Larnaca with one.

In district terms, Limassol narrowly led the high-end market with €11.4m in its top 10 transactions, representing 26 per cent of the national total. Paphos followed closely with €11.1m (25.3 per cent), while Nicosia reached €10.8m (24.7 per cent). Larnaca recorded €6.3m, accounting for 14.4 per cent, and Famagusta trailed with €4.2m.

The most expensive transaction in each district included a €3.3m plot in Engomi in Nicosia, a €2m house in Peyia in Paphos, a €1.8m field in Mouttagiaka in Limassol, a €1.3m field in Aradippou in Larnaca, and a €755,000 field in Famagusta. Among April’s ten highest-value sales, fields featured prominently with six entries. The list also included two houses, both in Peyia, alongside a commercial property in Kapsalos, Limassol, and the top-ranking plot in Engomi. Nationwide, the 50 largest transactions included 22 houses, 13 fields, seven plots, six apartments, one commercial property, and one apartment building.

According to Ask Wire CEO Pavlos Loizou, “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 per cent compared to March 2025.” “Surprisingly, Larnaca recorded a subdued performance despite having developed a strong track record in the high-end segment,” he said. “Meanwhile, Limassol appears to be operating at levels that are uncharacteristically moderate by its own standards, as two properties were sold for under €1m while the remaining eight were clustered below €1.8m.”

Loizou added that a notable trend in April was “the presence of six field transactions among the top ten sales.”

Source: Cyprus Mail