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

5,991 properties listed for sale in Cyprus

1 bed apartments:

228 listed for sale
£35,297 to £652,559
Average: £115,477

2 bed apartments:

596 listed for sale
£45,892 to £3,088,855
Average: £167,292

3 bed apartments:

349 listed for sale
£69,720 to £5,356,957
Average: £615,361

2 bed houses:

620 listed for sale
£39,714 to £3,971,385
Average: £282,517

3 bed houses:

1547 listed for sale
£68,837 to £11,649,396
Average: £465,181

4 bed houses:

814 listed for sale
£75,015 to £14,738,251
Average: £1,025,127

5 bed houses:

359 listed for sale
£132,380 to £10,716,562
Average: £1,722,160


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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