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

946 properties listed for sale in Paphos

1 bed apartments:

58 listed for sale
£42,557 to £360,396
Average: £127,030

2 bed apartments:

1 listed for sale
£78,384 to £78,384
Average: £78,384

2 bed apartments:

205 listed for sale
£61,344 to £2,551,740
Average: £220,849

3 bed apartments:

85 listed for sale
£97,980 to £1,335,936
Average: £417,161

4 bed apartments:

16 listed for sale
£140,580 to £1,704,000
Average: £590,129

2 bed houses:

111 listed for sale
£43,452 to £1,704,000
Average: £261,488

3 bed houses:

366 listed for sale
£78,810 to £4,771,200
Average: £445,753

4 bed houses:

122 listed for sale
£72,420 to £2,807,340
Average: £805,402

5 bed houses:

42 listed for sale
£124,392 to £2,854,200
Average: £1,260,740

6 bed houses:

10 listed for sale
£152,508 to £3,834,000
Average: £1,047,870

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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