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Cypriot Real Estate: Key Regional Drivers Shaping Investment Trends

by THEFUTURE.TEAM

The latest analysis from Landbank Analytics maps the regions that have become magnets for Cypriot real estate, defining the landscape for investment. Covering the period from January to October 2025, the study reveals a fast-paced market where Limassol leads in transaction value, Paphos commands premium sale prices, and Larnaca, alongside Nicosia, drives significant transaction volumes, particularly appealing to mid-range buyers.

Limassol: The Market Dynamo

Limassol province reinforces its role as the market leader across Cyprus. With sales exceeding €737 million across three standout areas, Germasogeia tops the list with €351.5 million in transactions and an average sale price of €583,905, establishing itself as the prime destination for high-end investments. The Municipality of Limassol contributes €274 million, while the Kouklia area adds €111.7 million, creating nearly 1,600 deals that blend elevated prices with robust volume.

Paphos: The Luxury And Premium Hub

Paphos province is emerging as the focal point for luxury real estate. Three of its regions feature in the national top ten, with the area around Agamas—despite ranking seventh overall by value at €88.5 million—recording the highest average sale price of over €646,000. The Municipality of Paphos registered €124.6 million in sales (fifth nationally), followed by Geroskipou with approximately €78 million. Across these areas, the average sale price surpasses €420,000, emphasizing the premium quality of offerings.

Larnaca: Leader In Transaction Volume

Larnaca province exhibits the highest market activity in the first ten months of 2025. The Municipality of Larnaca leads the nation with 927 transactions totaling €207.2 million. Alongside Aradippou, which ranks ninth with 394 deals valued at €77.9 million, Larnaca attracts buyers seeking accessible options, with average property prices ranging between €200,000 and €220,000.

Nicosia: The Stable Pillar For Local Demand

Nicosia province remains a steadfast pillar for domestic real estate demand. With two regions among the national top performers and combined sales nearing €207 million, the Municipality of Nicosia stands fourth with 624 transactions amounting to €130 million. Additionally, Lakataimea offers the most competitive average price at €195,000. This stability underscores the region’s strong marketability and its focus on fulfilling local residential needs.

Christoforidis: A Market Of Multiple Facets

Commenting on the findings, Landbank Group CEO Andreas Christoforidis noted that the analysis reveals both the diversity and the underlying depth of the Cypriot real estate market. He explained that areas such as Limassol and Agamas serve as magnets for high-net-worth capital, driving record price levels, while Larnaca and Nicosia demonstrate resilience through substantial transaction volumes that address the steady demand for affordable housing.

Cyprus-Based ASBIS Hits Record $1.05bn In Monthly Revenue, Up 216% Year On Year

by News Editor

The technology distributor ASBIS Group, headquartered in Limassol, has exceeded $1 billion in monthly sales for the first time in its history, reporting preliminary consolidated revenue of $1.05 billion in September 2026, more than three times the amount recorded a year earlier.

The figure represents a 216% increase from $332 million in September 2025, making it the highest-revenue month in the company’s history.

ASBIS reported its strongest sales growth in servers and server components, while CEO Serhei Kostevitch pointed to growing demand for artificial intelligence solutions and computing infrastructure as an opportunity for the business.

For a company operating across Europe, the Middle East and Africa, September marked a new sales milestone following several months of substantial year-on-year growth.

Kostevitch attributed the record performance to the group’s existing operations, highlighting its broad product portfolio, international market presence and strong relationships with manufacturers and trading partners.

“Most importantly, this result is the outcome of our regular operating activities,” he said.

The CEO also highlighted the company’s portfolio of projects as a reason for confidence in continued AI-related development.

However, the group’s growth was not limited to AI-related technologies. Smartphones also performed strongly in September, with Kostevitch stressing that “we are growing beyond the AI segment as well.”

Kazakhstan, the United Arab Emirates and Ukraine accounted for the largest shares of ASBIS’s September revenue, followed by Slovakia and Poland.

Growth Follows Record First Half

September’s results follow a period of strong financial performance for ASBIS.

In July, the company reported preliminary consolidated revenue of $531 million, an increase of 89% compared with the same month in 2025. August brought a further rise to $604 million, up 91% year on year.

September’s $1.05 billion figure represents a substantial increase on both months, although the company has not provided a detailed breakdown explaining the acceleration.

The results also follow a record first half of 2026, when ASBIS generated approximately $2.97 billion in consolidated revenue, up 76% year on year.

Net profit after tax reached $80.6 million, compared with $19.4 million in the same period in 2025.

The second quarter was particularly strong, with revenue reaching $1.69 billion, an increase of 78.7%, while quarterly net profit more than tripled to $44.3 million.

ASBIS has emphasised that its September revenue figures are preliminary estimates and may differ from the final reported results.

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