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

1,844 properties listed for sale in Cyprus

1 bed apartments:

130 listed for sale
£40,088 to £1,328,257
Average: £141,762

2 bed apartments:

362 listed for sale
£45,000 to £2,681,459
Average: £175,201

3 bed apartments:

171 listed for sale
£70,377 to £3,572,309
Average: £670,376

2 bed houses:

187 listed for sale
£60,132 to £1,781,700
Average: £245,313

3 bed houses:

658 listed for sale
£75,722 to £4,632,420
Average: £462,804

4 bed houses:

305 listed for sale
£75,722 to £13,808,175
Average: £1,249,574

5 bed houses:

126 listed for sale
£133,628 to £12,026,475
Average: £2,133,814


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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