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

5,924 properties listed for sale in Cyprus

1 bed apartments:

277 listed for sale
£23,475 to £533,519
Average: £108,024

2 bed apartments:

766 listed for sale
£40,121 to £2,987,705
Average: £160,998

3 bed apartments:

396 listed for sale
£46,950 to £5,181,534
Average: £517,944

2 bed houses:

543 listed for sale
£59,754 to £3,841,335
Average: £260,168

3 bed houses:

1397 listed for sale
£72,559 to £11,267,916
Average: £446,514

4 bed houses:

723 listed for sale
£85,363 to £14,255,621
Average: £1,019,268

5 bed houses:

323 listed for sale
£187,799 to £11,839,848
Average: £1,668,271

Studios:

1 listed for sale
£58,047 to £58,047
Average: £58,047

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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