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

6,357 properties listed for sale in Cyprus

1 bed apartments:

229 listed for sale
£31,144 to £654,826
Average: £115,917

2 bed apartments:

606 listed for sale
£44,447 to £3,114,405
Average: £166,957

3 bed apartments:

365 listed for sale
£57,839 to £5,401,268
Average: £612,889

2 bed houses:

597 listed for sale
£40,042 to £4,004,235
Average: £269,556

3 bed houses:

1541 listed for sale
£69,407 to £11,745,756
Average: £506,462

4 bed houses:

822 listed for sale
£75,636 to £14,860,161
Average: £1,058,045

5 bed houses:

372 listed for sale
£133,475 to £10,805,206
Average: £1,762,658

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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