Land purchases dominated the Cypriot property market in the first half of 2025, according to analysis by Landbank Analytics, with plot and field transactions exceeding €360.4 million in total value.
According to the data, 1,130 sales were completed, with building plots dominating in volume, while fields recorded more than double the average value per sale.
Specifically, 794 plot sales amounted to €189.9 million, while 336 field sales reached €170.5 million. The average value of field sales stands at €507,440, compared to €239,170 for plots.
This difference is attributed to fields representing larger areas or parcels with strategic investment potential, while plots primarily serve residential needs.
By district:
Nicosia The capital recorded 341 plot sales and 83 field sales, with the former being the second most popular property category after apartments. The average field sale price was €363,654 — the highest across all property categories in Nicosia — while plots averaged €220,331.
Limassol Limassol’s market remains highly active, with 191 plot sales and 90 field transactions. The average field value reached €687,800, more than double that of plots (€305,000), confirming the shift in interest towards high-value investments.
Larnaca Larnaca recorded 173 plot sales and 64 field transactions, with fields achieving an average price of €416,300, the highest in the local market. The average plot value reached €204,500.
Paphos Paphos confirms its reputation as a strategic investment market. Of the 123 transactions, the 46 field sales averaged €846,700, the highest in Cyprus, while plots averaged €252,000.
Famagusta Famagusta shows a completely different pattern, as the land market primarily involves fields. There were 53 field sales and 12 plot sales recorded, with average values of €241,000 and €134,500, respectively, reflecting tourist or agricultural exploitation.
“The land market is the silent giant of investments” Landbank Group CEO Andreas Christoforides stated that the data confirms the leading role of the land market in the Cypriot economy.
“The plot market fuels the constant demand for residential and commercial development, while the field market is emerging as the silent giant of strategic investments,” he noted.
He pointed out that the average prices in Paphos and Limassol, reaching €850,000 and €700,000, respectively, reflect investment value rather than traditional agricultural use.
“This is land with a tourism or energy orientation, or areas that may be included in urban planning schemes, which ensures the market’s dynamism for the coming years,” Christoforides emphasised.
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