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
2,226 properties listed for sale in Cyprus
1 bed apartments:
146 listed for sale£34,455 to £1,317,224
Average: £127,572
2 bed apartments:
368 listed for sale£45,000 to £2,659,185
Average: £169,389
3 bed apartments:
181 listed for sale£69,793 to £3,542,635
Average: £661,222
2 bed houses:
216 listed for sale£39,755 to £2,231,837
Average: £297,309
3 bed houses:
702 listed for sale£75,093 to £4,593,940
Average: £522,574
4 bed houses:
401 listed for sale£75,093 to £13,693,475
Average: £1,181,080
5 bed houses:
175 listed for sale£132,518 to £11,926,575
Average: £1,934,978
Studios:
1 listed for sale£168,483 to £168,483
Average: £168,483
Key Facts:
Currency: EUROTime Zone: Eastern European Time Zone
DialCode: 357
Languages: Greek
Capital: Nicosia
Population: 838,897
GDP: $23.006 billion
Latest News & Features for Cyprus
Latest News
Foreign buyers make up 1 in 3 Cypriot property sales
Cyprus house prices up for three quarters in a row
Cyprus new home permits rise 43.8pc
Cyprus: Foreign property sales slip as local buyers pounce
Your new favourite coffee table
Domestic buyers pounce on Paphos
Cypriot property prices not heading for a bubble
Cypriot property prices starting to stabilise
Cyprus’ big title deed breakthrough
Cypriot property optimism brings new office to island
New home construction climbs in Cyprus
Cyprus passes new mortgage laws
Construction in Cyprus climbs back from bottom
Cyprus sales see first annual rise since 2010, as Russian buyers circle
Overseas sales of Cypriot property surge 65pc
Cyprus property prices fall across island
Revised Cypriot property values now online
Cyprus slashes Immovable Property Tax
Cypriot property prices down as economy stabilises
Spotted: Signs of recovery in Cyprus
Cyprus house prices up for three quarters in a row
Cyprus new home permits rise 43.8pc
Cyprus: Foreign property sales slip as local buyers pounce
Your new favourite coffee table
Domestic buyers pounce on Paphos
Cypriot property prices not heading for a bubble
Cypriot property prices starting to stabilise
Cyprus’ big title deed breakthrough
Cypriot property optimism brings new office to island
New home construction climbs in Cyprus
Cyprus passes new mortgage laws
Construction in Cyprus climbs back from bottom
Cyprus sales see first annual rise since 2010, as Russian buyers circle
Overseas sales of Cypriot property surge 65pc
Cyprus property prices fall across island
Revised Cypriot property values now online
Cyprus slashes Immovable Property Tax
Cypriot property prices down as economy stabilises
Spotted: Signs of recovery in Cyprus
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Guilty of tax evasion unless you prove otherwise
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“Don’t buy Cyprus property” says Scottish MEP
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Cyprus ‘ready’ for property investors
5 property destinations in Cyprus you shouldn’t forget
Top 5 popular property destinations in Cyprus
Investments Explained: Residential property
Alternative Investments Explained: Carbon Credits
Watch – Why investors should always buy bad properties
Top of the Props: Buyers see bright side of Greek euro tragedy
Cyprus: Property market review and expectations for 2012
Paphos ‘a top target’ among overseas property buyers
What will it take to stop the rot in the property market?
Video: North Cyprus property taxes
Top of the Props: America surprise second choice for buyers
Guilty of tax evasion unless you prove otherwise
15 major projects planned for Larnaca, Cyprus
New Cyprus title deeds ‘good news for everyone’
The 10 best places to retire overseas
“Don’t buy Cyprus property” says Scottish MEP
European property market picking up, says RICS report
Lessons to be learned from Spanish property market
Cyprus ‘ready’ for property investors
Featured Cypriot Property
