The most expensive properties sold in Cyprus this August

08:17 - 12 September 2023

Real Estate Reporter

Seaside agricultural land, residential plots, luxury apartments, and detached houses, among others, make up the list of the most expensive properties in Cyprus sold this August.

Landbank Analytics has processed data from the Land Registry Department and presented the most expensive sales recorded in August. It is clarified that the list does not include the cost of the sales documents.

Beachfront plot sold for €9 million

The most expensive transaction concerned beachfront agricultural land in the Municipality of Paralimni (free Famagusta), which was sold for €9 million.

A detached house in the Nicosia district Municipality of Latsia (Ayios Georgios area) was sold for €1.5 million, while a residential plot in the Municipality of Ayios Athanasios, in Limassol was sold for €1.4 million.

Limassol hot spot

Limassol is proving to be in demand for real estate buyers, as another expensive sale, this time that of a detached house with a value of €1.15 million was recorded in the Ayios Tychonas area, while a luxury apartment in Pyrgos Limassol was sold for €1 million

Paphos has its own place in the list of the most expensive properties sold in August. Specifically, a residential plot was sold in the Municipality of Yeroskipou for €995,000.

Appearing on the relevant list for the second time is the area of Ayios Georgios, in Latsia, Nicosia where an industrial field was sold for €595,000.

At the same time, a residential plot in the Municipality of Larnaca (Skala area) was sold at the price of €395,000.

Source: Land Registry Department

Formulated by: Landbank Analytics

(Source: InBusinessNews)

The most expensive properties sold in Cyprus this August

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