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

905 properties listed for sale in Paphos

1 bed apartments:

59 listed for sale
£43,726 to £314,283
Average: £114,094

2 bed apartments:

162 listed for sale
£71,387 to £514,315
Average: £158,378

3 bed apartments:

72 listed for sale
£102,366 to £1,526,515
Average: £382,251

4 bed apartments:

8 listed for sale
£130,652 to £1,013,786
Average: £485,766

2 bed houses:

104 listed for sale
£71,387 to £806,359
Average: £239,581

3 bed houses:

360 listed for sale
£39,061 to £2,958,745
Average: £418,889

4 bed houses:

133 listed for sale
£139,182 to £3,142,825
Average: £822,006

5 bed houses:

41 listed for sale
£131,101 to £4,040,775
Average: £1,331,614

6 bed houses:

16 listed for sale
£161,182 to £4,337,099
Average: £1,272,509

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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