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

1,397 properties listed for sale in Paphos

1 bed apartments:

77 listed for sale
£35,578 to £273,748
Average: £95,278

2 bed apartments:

1 listed for sale
£83,393 to £83,393
Average: £83,393

2 bed apartments:

213 listed for sale
£53,934 to £752,354
Average: £259,087

3 bed apartments:

63 listed for sale
£97,443 to £657,176
Average: £294,746

4 bed apartments:

8 listed for sale
£199,419 to £1,055,561
Average: £687,429

2 bed houses:

172 listed for sale
£72,471 to £4,079,025
Average: £263,645

3 bed houses:

409 listed for sale
£95,177 to £3,213,365
Average: £465,983

4 bed houses:

204 listed for sale
£144,579 to £4,223,475
Average: £1,142,110

5 bed houses:

59 listed for sale
£135,968 to £4,079,931
Average: £1,365,483

6 bed houses:

32 listed for sale
£199,419 to £4,985,475
Average: £1,965,863

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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