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

2,785 properties listed for sale in Cyprus

1 bed apartments:

150 listed for sale
£34,940 to £76,387,575
Average: £618,828

2 bed apartments:

341 listed for sale
£45,000 to £2,862,002
Average: £172,586

3 bed apartments:

206 listed for sale
£69,007 to £3,675,966
Average: £638,174

2 bed houses:

287 listed for sale
£52,410 to £2,231,837
Average: £323,883

3 bed houses:

926 listed for sale
£74,248 to £4,542,200
Average: £517,699

4 bed houses:

564 listed for sale
£74,248 to £13,539,250
Average: £1,061,391

5 bed houses:

224 listed for sale
£131,025 to £7,351,932
Average: £1,635,555

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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