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

2,926 properties listed for sale in Cyprus

1 bed apartments:

187 listed for sale
£43,089 to £1,287,479
Average: £164,268

2 bed apartments:

500 listed for sale
£45,000 to £2,599,135
Average: £176,445

3 bed apartments:

292 listed for sale
£68,217 to £3,885,750
Average: £570,294

2 bed houses:

262 listed for sale
£56,128 to £2,201,925
Average: £274,382

3 bed houses:

877 listed for sale
£84,561 to £4,207,629
Average: £449,419

4 bed houses:

416 listed for sale
£73,398 to £12,002,650
Average: £1,106,539

5 bed houses:

198 listed for sale
£129,525 to £9,215,272
Average: £1,666,030


2 listed for sale
£62,500 to £168,483
Average: £115,491

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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