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Ask Wire Releases September 2025 Report On Cyprus’s Premium Property Transactions

by THEFUTURE.TEAM

November 24, 2025

Ask Wire, a technology-driven firm specializing in real estate transaction monitoring, pricing analytics, and construction activity tracking, has published its comprehensive report on the 50 most expensive real estate transactions completed in Cyprus during September 2025. The report, which provides a detailed breakdown of high-value deals across the island, underscores the evolving dynamics of Cyprus’s property market.

Robust Transaction Volume And Impressive Aggregate Value

The analysis reveals that the top 50 transactions, distributed evenly across ten per district, amassed a total value of €46.8 million. Notably, the ten priciest transactions nationwide accounted for €21.3 million, with the record-setting deal involving an apartment located in Agios Antonios, Limassol, valued at €5.1 million.

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Regional Performance And Sectoral Insights

The regional breakdown highlights Limassol as the epicenter of high-end property activity, registering five of the top ten highest-value deals. Paphos contributed three transactions, while Ammochostos and Larnaca each recorded a single, significant high-value deal. This spatial distribution illustrates the concentrated investment in strategic locales with strong tourism and business appeal.

Highlights Of The Top 10 Transactions

Apartment in Limassol / Agios Antonios – €5.1 million
Villa in Paphos / Agios Theodoros – €2.7 million
Plot in Ammochostos / Ayia Napa – €2.65 million
Plot in Paphos / Pegeia – €1.8 million
Apartment in Larnaca / Voroklini – €1.7 million
Offices in Limassol / Central Area – €1.68 million
Offices in Limassol / Central Area – €1.68 million
Plot in Paphos / Pegeia – €1.5 million
Villa in Limassol / Agios Tycho – €1.27 million
Villa in Limassol / Agios Tycho – €1.25 million

District Contributions To Market Value

Limassol emerged as the leader, with its top ten transactions contributing €16 million, or 34.2% of the overall value. Paphos followed closely with 24.1% (valued at €11.3 million), while Ammochostos secured third place, outperforming both Nicosia and Larnaca in the high-end segment with a deal that significantly impacted its total figure.

Notable District Leaders In Transaction Values

Ammochostos: Plot valued at €2.65 million (36% of district value)
Larnaca: Apartment valued at €1.7 million (28.3%)
Limassol: Apartment valued at €5.1 million (31.9%)
Nicosia: Plot valued at €1 million (16.3%)
Paphos: Villa valued at €2.7 million (23.9%)

Market Sentiment And Strategic Implications

Pavlos Loizou, CEO of Ask Wire, characterized the high-value market in September as measured, despite robust activity in districts known for their tourism and investment appeal. “September’s high-end real estate market could be described as subdued, given that only 15 transactions exceeded the €1 million threshold. This pattern is clearly reflected in the aggregate value of the 50 priciest deals across Cyprus,” Loizou remarked.

His comments further emphasized the predominance of residential real estate, with 22 transactions involving houses and an additional six involving apartments. The land market, with 13 sales of plots and two of larger estates, followed closely. Particularly noteworthy were the office sales in Limassol, where two of the five transactions contributed a combined €6.1 million – a figure that rivals the total top ten values of Nicosia and surpasses that of Larnaca.

Conclusion: Strengthening Cyprus As a Hub for High-Value Investment

The data underscores that residential properties continue to dominate high-value transactions, while the robust performance in land and office segments—especially in Limassol—reinforces the city’s status as a focal point for premium real estate investments in Cyprus. The insights provided by Ask Wire not only offer a snapshot of current market trends but also serve as a guiding tool for investors eyeing strategic opportunities in this dynamic sector.

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Cyprus Income Distribution 2024: An In-Depth Breakdown of Economic Classes

by THEFUTURE.TEAM

December 24, 2025

New findings from the Cyprus Statistical Service offer a comprehensive analysis of the nation’s income stratification in 2024. The report, titled Population By Income Class, provides critical insights into the proportions of the population that fall within the middle, upper, and lower income brackets, as well as those at risk of poverty.

Income Distribution Overview

The data for 2024 show that 64.6% of the population falls within the middle income class – a modest increase from 63% in 2011. However, it is noteworthy that the range for this class begins at a comparatively low threshold of €15,501. Meanwhile, 27.8% of the population continues to reside in the lower income bracket (a figure largely unchanged from 27.7% in 2011), with nearly 14.6% of these individuals identified as at risk of poverty. The upper income class accounted for 7.6% of the population, a slight decline from 9.1% in 2011.

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Income Brackets And Their Thresholds

According to the report, the median equivalent disposable national income reached €20,666 in 2024. The upper limit of the lower income class was established at €15,500, and the threshold for poverty risk was set at €12,400. The middle income category spans from €15,501 to €41,332, while any household earning over €41,333 is classified in the upper income class. The median equivalents for each group were reported at €12,271 for the lower, €23,517 for the middle, and €51,316 for the upper income classes.

Methodological Insights And Comparative Findings

Employing the methodology recommended by the Organisation for Economic Co-operation and Development (OECD), the report defines the middle income class as households earning between 75% and 200% of the national median income. In contrast, incomes exceeding 200% of the median classify households as upper income, while those earning below 75% fall into the lower income category.

Detailed Findings Across Income Segments

Upper Income Class: Comprising 73,055 individuals (7.6% of the population), this group had a median equivalent disposable income of €51,136. Notably, the share of individuals in this category has contracted since 2011.
Upper Middle Income Segment: This subgroup includes 112,694 people (11.7% of the population) with a median income of €34,961. Combined with the upper income class, they represent 185,749 individuals.
Middle Income Group: Encompassing 30.3% of the population (approximately 294,624 individuals), this segment reports a median disposable income of €24,975.
Lower Middle And Lower Income Classes: The lower middle income category includes 22.2% of the population (211,768 individuals) with a median income of €17,800, while the lower income class accounts for 27.8% (267,557 individuals) with a median income of €12,271.

Payment Behaviors And Economic Implications

The report also examines how income levels influence repayment behavior for primary residence loans or rental payments. Historically, households in the lower income class have experienced the greatest delays. In 2024, 27.0% of those in the lower income bracket were late on payments—a significant improvement from 34.6% in 2011. For the middle income class, late payments were observed in 9.9% of cases, down from 21.4% in 2011. Among the upper income class, only 3% experienced delays, compared to 9.9% previously.

This detailed analysis underscores shifts in income distribution and repayment behavior across Cyprus, reflecting broader economic trends that are critical for policymakers and investors to consider as they navigate the evolving financial landscape.