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

3,665 properties listed for sale in Cyprus

1 bed apartments:

211 listed for sale
£36,017 to £1,341,790
Average: £188,725

2 bed apartments:

699 listed for sale
£62,587 to £3,901,096
Average: £212,042

3 bed apartments:

412 listed for sale
£80,147 to £5,223,074
Average: £704,665

2 bed houses:

266 listed for sale
£31,519 to £3,962,332
Average: £309,326

3 bed houses:

961 listed for sale
£30,618 to £5,097,568
Average: £509,898

4 bed houses:

455 listed for sale
£76,545 to £7,564,452
Average: £1,009,535

5 bed houses:

212 listed for sale
£131,477 to £6,573,869
Average: £1,602,650

Studios:

2 listed for sale
£36,017 to £168,483
Average: £102,250

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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