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

835 properties listed for sale in Paphos

1 bed apartments:

54 listed for sale
£43,109 to £260,898
Average: £111,729

2 bed apartments:

1 listed for sale
£79,479 to £79,479
Average: £79,479

2 bed apartments:

154 listed for sale
£62,201 to £561,535
Average: £179,846

3 bed apartments:

65 listed for sale
£86,390 to £2,912,207
Average: £381,409

4 bed apartments:

8 listed for sale
£250,531 to £1,032,620
Average: £549,585

2 bed houses:

95 listed for sale
£58,313 to £1,727,800
Average: £271,706

3 bed houses:

344 listed for sale
£116,627 to £2,482,900
Average: £442,935

4 bed houses:

139 listed for sale
£73,432 to £6,911,200
Average: £1,024,059

5 bed houses:

48 listed for sale
£129,585 to £3,887,550
Average: £1,448,080

6 bed houses:

23 listed for sale
£190,058 to £6,911,200
Average: £2,378,354

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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