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

5,301 properties listed for sale in Cyprus

1 bed apartments:

260 listed for sale
£23,879 to £542,706
Average: £104,441

2 bed apartments:

701 listed for sale
£40,812 to £3,039,155
Average: £151,671

3 bed apartments:

382 listed for sale
£47,758 to £5,270,763
Average: £496,901

2 bed houses:

460 listed for sale
£48,000 to £3,907,485
Average: £241,041

3 bed houses:

1202 listed for sale
£69,466 to £4,515,316
Average: £404,835

4 bed houses:

648 listed for sale
£86,833 to £13,459,115
Average: £978,251

5 bed houses:

312 listed for sale
£191,033 to £12,043,737
Average: £1,676,054

Studios:

1 listed for sale
£59,046 to £59,046
Average: £59,046

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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