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From insight to offer: what our agents' event showed about Limassol in 2027–28

By

Co-Founder and CEO, SquareOne

3 min read

Attendants at the Estate of Real Estate in Cyprus 2026 Seminar by Square One
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On 5 November we brought our partner agents together in Limassol to look at where the market is heading in 2027 and 2028, and what that means for the homes they recommend. Below are the main figures from Pavlos Loizou's briefing, the two projects we presented and the tools we launched for partners.

The market in six numbers

Pavlos's briefing covered demand, supply and pricing in Limassol. These were the figures that framed the evening.

FigureWhat it showsSource
+91,047More people employed in Cyprus in Q2 2026 than in 2020 (520,763 in total)CYSTAT
7,054Dwellings authorised in Limassol district, 2026 annualised (H1 × 2), against 4,745 in 2025CYSTAT
3,013Apartments for sale in 210 Limassol projects already under constructionAsk Wire, Nov 2026
−9.0%Change in median asking price per m² for older Limassol apartments, Feb–Sep 2026 (new: +0.7%)Ask Wire, Bazaraki listings
59%Share of Limassol apartment sales between €200,000 and €400,000, Jan–Sep 2026Ask Wire, sale contracts
€1,953Median gross monthly earnings in Cyprus, 2025 (average: €2,591)CYSTAT

The permit figure doubles the first half of 2026 and is not a forecast. The asking-price figures come from adverts, not completed sales.

What it means for the homes you discuss with clients

Demand grew quickly after 2020, while new supply was held back by the 2024 planning reform. That backlog is now being cleared, and buyers will have more projects to compare.

Pavlos expects older stock to feel this first, in both prices and rents. A new two-bedroom apartment in Limassol was advertised at a median of €2,300 a month in 2026, against €1,850 for an older one.

New versus older Limassol apartments in 2026: change in asking prices, price cuts and median asking rents

He also reminded the room that a few large transactions shape the headlines. Just 99 apartment sales above €1 million made up 22.7% of sales value from January to September 2026. Most buyers are working to a budget set by Cyprus salaries.

His advice on presenting an investment came down to three steps: agree the investor's brief, show the rental case, and explain costs and management.

Three steps to presenting a SquareOne investment: agree the brief, show the rental case, explain costs and management

Our guides on apartments for sale in Limassol, off-plan vs ready property and how to calculate rental yield cover these points in more detail.

Where we position our projects

We have delivered 23 projects and have 17 under construction across Limassol and Paphos, with 19 available off-plan. We price most of them between €200,000 and €400,000, and no higher than €500,000, because that is where most transactions happen. We now add shared facilities such as a pool, gym or co-working space wherever the plot allows.

LYNEA, Linopetra

LYNEA is a 20-apartment building in Linopetra, a few minutes from Limassol's new mall, schools and the shops and cafés nearby. It has 18 two-bedroom and two three-bedroom apartments.

A typical two-bedroom apartment has 80 m² internal and a 13 m² covered veranda, slightly larger than our usual layout because LYNEA is planned mainly for owner-occupiers. Residents share a rooftop pool, a gym and a sauna. Every apartment has private parking and a storage room.

Prices start from €420,000 + VAT.

ARYA, Germasogeia

ARYA is our new project in upper Germasogeia, launched at the event. It has 52 apartments in four blocks, about 10 minutes' drive from the coast and close to schools.

Blocks A and B have one- and two-bedroom apartments. Blocks C and D have three-bedroom apartments, which buyers can also configure as a large two-bedroom with bigger rooms. Apartments from the first floor up in blocks A, B and C face south towards the sea. Twelve penthouses have private roof gardens of 40–50 m².

Residents share two pools, a gym, a sauna, and a barbecue lounge with co-working space. One-bedroom apartments start from €239,000 + VAT and two-bedroom apartments from €375,000 + VAT. Completion is expected in March 2030.

ARYA Residences in Germasogeia: apartment types, internal sizes and starting prices

A new map view and partner portal

Our website now has an area view of Limassol. You can see each project from above, which way the apartments face, and what surrounds the plot, including land that will stay green.

Our new partner portal went live on 6 November. Partners sign in with their email and a one-time password, then register and track clients, browse every available project, download sales kits, and create PDF offers for one apartment or a shortlist.

What SquareOne's new partner portal lets agents do: register clients, compare projects, send PDF offers

Clients registered through the portal also get their own client portal. After buying, they can follow construction milestones and find their contracts, invoices and receipts in one place.

Watch the full briefing

The full event, including Pavlos's presentation and the Q&A, is on our YouTube channel: From insight to offer: Cyprus property market.

Thank you to everyone who joined us, and to Pavlos and the Ask Wire team. If you would like the slides or a walk-through of the new portal, contact your SquareOne partner manager.

Frequently asked questions

What was the SquareOne agents' event on 5 November 2026?

On 5 November 2026 we hosted our partner agents in Limassol for a market briefing by Pavlos Loizou, CEO of Ask Wire. We also presented LYNEA and ARYA and introduced our new partner portal.

Are older apartments in Limassol falling in price?

Ask Wire's analysis of Bazaraki adverts shows the median asking price per m² for older Limassol apartments fell 9.0% between February and September 2026, while new apartments rose 0.7%. These are asking prices, not completed sales.

What price range do most Limassol apartment sales fall in?

According to Ask Wire's analysis of sale contracts, 59% of Limassol apartment sales from January to September 2026 were between €200,000 and €400,000.

How much are apartments at ARYA in Germasogeia?

At launch, one-bedroom apartments started from €239,000 + VAT and two-bedroom apartments from €375,000 + VAT. Three-bedroom apartments and penthouses are priced on request, and completion is expected in March 2030.

What can agents do in the SquareOne partner portal?

Partners sign in with their email and a one-time password, then register and track clients, browse every available project, download sales kits and create PDF offers. Clients registered through the portal also get their own client portal.

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About the author

Portrait of Demetris Papadopoulos

Co-Founder and CEO, SquareOne

Demetris Papadopoulos is Co-Founder and CEO of SquareOne, where he leads investment strategy and long-term asset performance. He trained as a Development Analyst at Galliard Homes in London, holds a Master's in Real Estate Investment from Bayes Business School, and co-founded MovingDoors, SquareOne's rental-management platform.

  • MSc Real Estate Investment, Bayes Business School
  • Co-founder, MovingDoors
  • Investment and market analysis