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

3,554 properties listed for sale in Cyprus

1 bed apartments:

219 listed for sale
£43,726 to £1,334,966
Average: £181,783

2 bed apartments:

698 listed for sale
£45,000 to £3,881,255
Average: £214,488

3 bed apartments:

393 listed for sale
£79,740 to £5,196,510
Average: £713,760

2 bed houses:

270 listed for sale
£31,358 to £3,942,180
Average: £295,838

3 bed houses:

946 listed for sale
£30,462 to £5,097,568
Average: £502,494

4 bed houses:

444 listed for sale
£76,156 to £7,525,980
Average: £1,002,481

5 bed houses:

205 listed for sale
£130,809 to £8,690,715
Average: £1,607,278

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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