The Cyprus property market continues to show its two-speed nature: resilient high-end demand alongside growing pressure on affordability and energy efficiency.
Top 10 Deals — Q3 2025
According to Ask Wire and Index.cy, the 50 most expensive property sales in the first half of 2025 reached €306.1 million, up 16.8% year-on-year. Limassol accounted for 43% of this value, but Nicosia, Paphos, and Larnaca also made strong showings — with a plot in Engomi (€12.5m) among the largest single transactions.
Plots with development potential are increasingly favored by investors, reflecting demand for future growth and flexibility.
Energy Law — A Game Changer
A new EU energy directive will reshape property values. Properties with poor EPC ratings may face devaluation or higher upgrade costs to meet the minimum Class D by 2033 requirement. This makes energy efficiency a new currency in Cyprus real estate.
Rental Pressure & Young Professionals
Rents in Limassol and Nicosia have surged — in some districts doubling since 2016 (Financial Mirror). At the same time, younger professionals increasingly seek efficient, well-located apartments over larger houses. In April 2025, Cyprus Statistical Service reported 534 of 909 new permits were for apartments, confirming this demand shift.
🔑 What This Means for Buyers & Sellers
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For Sellers: Ensure EPC certificates are up-to-date; consider upgrades before listing.
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For Buyers: Compact 2-bed apartments (€300–400k) remain the most liquid and yield-stable segment, especially in Limassol.
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For Investors: Development plots with permits and utilities are among the fastest-moving assets.
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For Landlords: Energy upgrades and professional management add long-term rental value.