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

3,582 properties listed for sale in Cyprus

1 bed apartments:

232 listed for sale
£43,726 to £1,526,515
Average: £227,794

2 bed apartments:

713 listed for sale
£70,000 to £3,889,919
Average: £203,782

3 bed apartments:

489 listed for sale
£79,918 to £5,376,925
Average: £723,126

2 bed houses:

213 listed for sale
£31,428 to £2,783,645
Average: £287,862

3 bed houses:

830 listed for sale
£39,061 to £6,375,445
Average: £473,559

4 bed houses:

484 listed for sale
£80,816 to £7,812,165
Average: £911,872

5 bed houses:

216 listed for sale
£90,702 to £6,555,035
Average: £1,544,747

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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