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

791 properties listed for sale in Paphos

1 bed apartments:

46 listed for sale
£43,726 to £271,347
Average: £117,906

2 bed apartments:

1 listed for sale
£82,662 to £82,662
Average: £82,662

2 bed apartments:

153 listed for sale
£71,880 to £2,691,008
Average: £196,297

3 bed apartments:

68 listed for sale
£103,328 to £1,347,750
Average: £351,819

4 bed apartments:

12 listed for sale
£148,253 to £1,797,000
Average: £580,990

2 bed houses:

106 listed for sale
£45,824 to £1,797,000
Average: £244,525

3 bed houses:

339 listed for sale
£83,111 to £2,960,558
Average: £415,137

4 bed houses:

112 listed for sale
£76,373 to £2,960,558
Average: £844,101

5 bed houses:

39 listed for sale
£132,080 to £3,009,975
Average: £1,217,847

6 bed houses:

11 listed for sale
£160,832 to £4,941,750
Average: £1,118,142

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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