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

1,314 properties listed for sale in Paphos

1 bed apartments:

75 listed for sale
£34,925 to £268,720
Average: £89,475

2 bed apartments:

1 listed for sale
£81,862 to £81,862
Average: £81,862

2 bed apartments:

190 listed for sale
£48,049 to £671,799
Average: £168,435

3 bed apartments:

63 listed for sale
£57,837 to £711,840
Average: £291,414

4 bed apartments:

7 listed for sale
£195,756 to £1,334,700
Average: £678,599

2 bed houses:

152 listed for sale
£71,140 to £4,004,100
Average: £243,882

3 bed houses:

402 listed for sale
£88,535 to £3,154,341
Average: £462,783

4 bed houses:

176 listed for sale
£141,923 to £4,004,100
Average: £1,058,587

5 bed houses:

57 listed for sale
£133,470 to £4,004,990
Average: £1,399,112

6 bed houses:

28 listed for sale
£195,756 to £4,893,900
Average: £1,840,138

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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