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Cyprus High-Value Real Estate: Navigating July and August 2025 Transformations

Market Overview

The real estate landscape in Cyprus has underscored its resilience, with the top 100 high-value transactions in July and August 2025 amounting to €201.4 million. Data provided by property technology firm Ask Wire confirms robust interest in premium properties across the island, even as broader market uncertainties persist.

July Transaction Analysis

In July, the cumulative value of the 10 highest property sales reached €31.95 million, highlighted by a standout €9 million property sale in Limassol’s Katholiki area. Limassol emerged as the dominant district, capturing four of the top 10 deals, while Nicosia and Famagusta each contributed two. Larnaca and Paphos also made significant contributions with one transaction each. Notably, the top 50 deals of July accumulated to €72.8 million, with Limassol’s high-value transactions accounting for 34.4% of this total, followed by Nicosia (23.1%), Paphos (16.2%), Famagusta (15.6%), and Larnaca (10.6%).

August Transaction Highlights

August witnessed an even more impressive performance, with the top 10 sales nationwide surmounting €83.5 million. The headline deal—a landmark €58 million transaction for office space in Limassol’s Tsiflikoudia area—not only defined the month but also cemented Limassol’s status as the epicenter for high-value real estate. Meanwhile, district performance varied: five transactions came from Limassol, three from Famagusta, and both Larnaca and Paphos recorded one deal each. The cumulative value of the top 50 August sales reached €128.6 million, with Limassol’s deals comprising an overwhelming 61% of that total.

Leadership Insights and Market Trends

Pavlos Loizou, CEO of Ask Wire, noted the significance of having all five districts of free Cyprus represented in the top transactions during July—a signal of broadening demand for high-end properties islandwide. Loizou also highlighted the robust performance of the free Famagusta district, which nearly matched Paphos and outperformed Larnaca. The analysis indicates a shifting investor focus, with Nicosia experiencing a notable decline and Famagusta attracting a growing cadre of buyers and investors in the luxury segment.

Urban Development and Future Implications

Another compelling trend is the appearance of three land plots among the top transactions, located in central areas of Larnaca and Limassol. This development raises questions about future urban planning and the potential for transforming underutilized land into high-quality residential projects. As regulatory and market conditions evolve, these plots could play a significant role in addressing housing challenges while spurring further investment.

The data from July and August 2025 not only reflects the current health of Cyprus’s high-end real estate market but also signals emerging trends that investors and policymakers will need to watch closely. With Limassol firmly established as the market leader and other districts showing promising signs of diversification, Cyprus remains an attractive destination for high-value real estate transactions.

Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

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