Geographic Information

Description of Paphos
Paphos is the primary destination for overseas investors in Cyprus property. The coastal city - and South-West district - boasts a beautiful subtropical-Mediterranean climate the draws in tourists and investors all year round. Indeed, Paphos is so highly regarded that it even used to be the capital of the island. When Cyprus was hit hard by the recession, though, even here saw property prices fall by more than 10 per cent in 2013. Property sales for Paphos came out better than anywhere else in Cyprus, but were still down compared to the year prior. Still, the one silver lining is how short-term rental properties remain in high demand in cities like Paphos, where rental yields for holiday lets are much more agreeable than those of long-term residential lets. Taxes on rental income are also comparatively low, though it can be expensive to set up in Cyprus in the first place with total transaction fees going as high as 26 per cent.

Current Property Prices in Paphos

989 properties listed for sale in Paphos

1 bed apartments:

56 listed for sale
£43,726 to £385,048
Average: £139,356

2 bed apartments:

1 listed for sale
£84,183 to £84,183
Average: £84,183

2 bed apartments:

217 listed for sale
£77,778 to £2,726,289
Average: £246,686

3 bed apartments:

91 listed for sale
£103,398 to £1,903,262
Average: £472,423

4 bed apartments:

16 listed for sale
£150,980 to £1,830,060
Average: £651,827

2 bed houses:

110 listed for sale
£35,686 to £1,830,060
Average: £268,437

3 bed houses:

365 listed for sale
£31,111 to £5,097,568
Average: £478,389

4 bed houses:

137 listed for sale
£77,778 to £3,202,605
Average: £865,085

5 bed houses:

43 listed for sale
£133,594 to £3,202,605
Average: £1,286,353

6 bed houses:

14 listed for sale
£163,790 to £4,419,595
Average: £1,393,388

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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