Limassol continued to dominate the Cyprus high-end property market in October, according to real estate analytics firm Ask Wire.
The district recorded four of the ten most expensive property sales, including the most expensive sale in the month – a €9.9 million mixed-use building in the Panagia Evangelistria area of Kato Polemidia.
District breakdown of top transactions
Ask Wire’s analysis revealed that Limassol district secured the largest share of October’s top property sales, contributing €16.7 million from the ten highest-value transactions.
Other districts’ contributions included:
Paphos: €8.7 million from two major deals.
Larnaca: €4.65 million.
Famagusta: €2.5 million.
Nicosia: €2.1 million.
The 50 most expensive property sales across Cyprus in October totalled €68.4 million, with Limassol accounting for 37.4% (€25.6 million). Paphos followed at 24.6% (€16.8 million), while Nicosia, Larnaca, and Famagusta contributed 15.6% (€10.7 million), 14% (€9.6 million), and 8.4% (€5.7 million), respectively.