Paphos Emerges as Cyprus’ Leading Destination for Luxury Real Estate

Paphos continues to strengthen its position as one of the most sought-after destinations for luxury and premium real estate in Cyprus, according to recent market data reported by Philenews, based on Landbank Analytics findings. The findings confirm a clear shift towards high-value developments, with the district ranking among the country’s top locations for quality, exclusivity, and investment appeal.

This evolution reflects years of targeted development, careful planning, and a growing focus on projects that prioritise lifestyle, architecture, and integration with the natural environment. Companies with a long-standing presence in the region, such as Korantina Homes, have played a key role in shaping this premium profile through developments that elevate both the residential offering and the wider area.

Akamas: The Most Exclusive and High-End Residential Area in Cyprus

At the forefront of this trend is the wider Akamas area, which stands out as the most expensive residential zone in Cyprus. With an average selling price exceeding €646,000, the Akamas surroundings now surpass even traditionally high-performing areas such as Germasogeia in Limassol. This distinction underlines the area’s unique positioning as a destination for discerning buyers seeking privacy, natural beauty, and a truly high-end lifestyle.

Despite ranking seventh nationwide in total transaction value, with sales reaching €88.5 million, Akamas leads decisively in terms of price per property. This reflects the limited supply, protected natural landscape, and exceptional quality of developments in the area, all of which contribute to its exclusive character. Properties around Akamas are not driven by volume, but by value, rarity, and long-term appeal.

Strong Demand for Premium Developments Across Paphos

The broader Paphos district also demonstrates strong performance across premium segments. The Municipality of Paphos recorded total property sales of €124.6 million, placing it fifth nationally, while Geroskipou followed closely with sales nearing €78 million. In all three areas, average selling prices exceed €420,000, confirming a consistent demand for high-quality residential developments rather than mass-market offerings.

These figures highlight a clear market direction: buyers are increasingly prioritising premium locations, architectural quality, lifestyle value, and long-term security. Paphos, with its combination of coastline, cultural heritage, modern infrastructure, and controlled development, is uniquely positioned to meet these expectations.

Within this evolving market, the Akamas region represents the pinnacle of luxury living in Cyprus. Its exclusivity, coupled with strict planning regulations and proximity to pristine natural surroundings, continues to attract high-net-worth individuals seeking a refined Mediterranean lifestyle with enduring value.

As Paphos continues to evolve, Korantina Homes remains closely connected to this transformation, with developments that reflect the premium character of the region and contribute to the careful shaping of its high-end residential identity. Through projects that respect the landscape and respond to international standards of living, the company continues to play a role in positioning Paphos, and the wider Akamas, area among the most exclusive real estate destinations in Cyprus.