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

829 properties listed for sale in Paphos

1 bed apartments:

64 listed for sale
£39,438 to £264,673
Average: £93,204

2 bed apartments:

1 listed for sale
£81,581 to £81,581
Average: £81,581

2 bed apartments:

152 listed for sale
£63,101 to £657,300
Average: £167,113

3 bed apartments:

51 listed for sale
£96,400 to £2,954,344
Average: £391,664

4 bed apartments:

6 listed for sale
£297,976 to £1,032,620
Average: £596,701

2 bed houses:

104 listed for sale
£39,438 to £1,752,800
Average: £245,546

3 bed houses:

335 listed for sale
£87,202 to £2,620,436
Average: £461,186

4 bed houses:

170 listed for sale
£74,494 to £3,374,140
Average: £942,693

5 bed houses:

44 listed for sale
£131,460 to £2,679,593
Average: £1,260,898

6 bed houses:

20 listed for sale
£192,808 to £4,820,200
Average: £2,000,163

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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