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

2,226 properties listed for sale in Cyprus

1 bed apartments:

146 listed for sale
£34,455 to £1,317,224
Average: £127,572

2 bed apartments:

368 listed for sale
£45,000 to £2,659,185
Average: £169,389

3 bed apartments:

181 listed for sale
£69,793 to £3,542,635
Average: £661,222

2 bed houses:

216 listed for sale
£39,755 to £2,231,837
Average: £297,309

3 bed houses:

702 listed for sale
£75,093 to £4,593,940
Average: £522,574

4 bed houses:

401 listed for sale
£75,093 to £13,693,475
Average: £1,181,080

5 bed houses:

175 listed for sale
£132,518 to £11,926,575
Average: £1,934,978

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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