Ask Wire, a company that uses technology to track transactions, asking prices and construction activity in the real estate sector, has analysed and published data on the 50 most expensive property sales completed in the first quarter of 2026, along with their distribution by district.
According to the data, the 50 largest transactions between January and March 2026 reached a total value of €197.7m. The 10 highest‑value sales amounted to €83.9m, with the top transaction involving land with a building in Moni, Limassol, valued at €19.7m.
Among the 10 most expensive properties, Paphos accounts for five transactions, followed by Limassol with four and Larnaca with one.
The analysis shows a strong concentration of high‑value property transactions in Limassol and Paphos. Limassol recorded the highest share, with 29 of the top 50 sales nationwide, amounting to €107.2m. Paphos followed with 17 transactions valued at €71.8m.
Paphos also shows notable diversity, as, in addition to land, it appears in the top 10 nationwide with high‑value residential sales, including a villa in Peyia worth €6.3m and a house in Agios Theodoros valued at €5.8m.
In other districts, Larnaca recorded one transaction within the top 50 worth €9m, Nicosia two transactions totalling €7.5m and the Famagusta district one sale valued at €2.2m.
Commenting on the findings, Ask Wire CEO Pavlos Loizou said:
“A key insight from our analysis is the strong activity in the land market. When six of the 10 most expensive sales in the first quarter involve land plots, this suggests that the market is preparing for, or anticipating, a new cycle of development.
“In addition, the highest‑value sale in every district of the Republic involved land: in Limassol a plot worth €19.7m, in Paphos €9.5m, in Nicosia €5.5m, in Larnaca €9m and in Famagusta €2.2m.
“The data from the first quarter provides a useful benchmark for Cyprus’s high‑value property market at a time of increased geopolitical uncertainty. Monitoring transactions throughout the year will help assess whether and to what extent developments in the region affect demand, liquidity and investment decisions.”
