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

5,441 properties listed for sale in Cyprus

1 bed apartments:

228 listed for sale
£36,889 to £491,848
Average: £116,037

2 bed apartments:

644 listed for sale
£43,911 to £3,074,050
Average: £169,388

3 bed apartments:

349 listed for sale
£70,264 to £5,331,281
Average: £521,945

2 bed houses:

525 listed for sale
£61,481 to £3,952,350
Average: £269,771

3 bed houses:

1288 listed for sale
£74,656 to £11,593,560
Average: £450,747

4 bed houses:

631 listed for sale
£87,830 to £14,667,610
Average: £1,005,300

5 bed houses:

275 listed for sale
£206,401 to £12,182,021
Average: £1,671,975

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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