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

3,136 properties listed for sale in Cyprus

1 bed apartments:

186 listed for sale
£39,291 to £1,273,538
Average: £160,271

2 bed apartments:

517 listed for sale
£45,000 to £2,570,992
Average: £181,298

3 bed apartments:

287 listed for sale
£58,082 to £3,843,675
Average: £618,557

2 bed houses:

267 listed for sale
£55,520 to £2,178,083
Average: £282,612

3 bed houses:

940 listed for sale
£84,561 to £4,207,629
Average: £473,383

4 bed houses:

486 listed for sale
£72,603 to £13,239,325
Average: £1,163,927

5 bed houses:

238 listed for sale
£128,123 to £11,531,025
Average: £1,818,773

Studios:

1 listed for sale
£168,483 to £168,483
Average: £168,483

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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