Geographic Information

Description of Cyprus
Tourism in Cyprus has boomed in recent years and the property market has grown with it. The two have become almost inseparable on the island: the Mediterranean climate, so appealing to overseas visitors, is a strong part of its attraction for expats. The retirement market for those looking to relocate abroad is a strong component of the Cypriot property industry. It is no surprise that the two converge in one main hotspot: Paphos. The south-west coastal resort is the most popular destination, although the history of Limassol and modern nightlife of Famagusta also have their fans. Cyprus has become increasingly dependent on investors from China and Russia to bolster demand for the island’s property following a new law to offer residency to non-EU buyers who invest.

Current Property Prices in Cyprus

4,782 properties listed for sale in Cyprus

1 bed apartments:

249 listed for sale
£23,553 to £428,240
Average: £96,931

2 bed apartments:

663 listed for sale
£40,255 to £2,997,680
Average: £199,139

3 bed apartments:

372 listed for sale
£47,106 to £5,198,834
Average: £435,708

2 bed houses:

393 listed for sale
£59,954 to £3,854,160
Average: £225,890

3 bed houses:

1055 listed for sale
£68,518 to £4,453,696
Average: £382,454

4 bed houses:

551 listed for sale
£85,648 to £11,947,896
Average: £903,571

5 bed houses:

247 listed for sale
£188,426 to £11,879,378
Average: £1,559,970

Studios:

1 listed for sale
£58,241 to £58,241
Average: £58,241

Cyprus Property Buying Guide

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Key Facts:

Currency: EURO
Time Zone: Eastern European Time Zone
DialCode: 357
Languages: Greek
Capital: Nicosia
Population: 838,897
GDP: $23.006 billion

Latest News & Features for Cyprus

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