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

1,433 properties listed for sale in Paphos

1 bed apartments:

94 listed for sale
£23,328 to £530,188
Average: £79,510

2 bed apartments:

1 listed for sale
£78,044 to £78,044
Average: £78,044

2 bed apartments:

206 listed for sale
£39,870 to £492,014
Average: £142,888

3 bed apartments:

68 listed for sale
£46,657 to £615,018
Average: £262,965

4 bed apartments:

7 listed for sale
£106,038 to £987,845
Average: £654,645

2 bed houses:

167 listed for sale
£63,623 to £3,817,350
Average: £239,387

3 bed houses:

435 listed for sale
£89,072 to £3,007,224
Average: £459,643

4 bed houses:

198 listed for sale
£100,948 to £3,952,533
Average: £1,139,778

5 bed houses:

62 listed for sale
£186,626 to £3,818,198
Average: £1,371,632

6 bed houses:

30 listed for sale
£439,419 to £4,665,650
Average: £2,020,735

Studios:

1 listed for sale
£57,684 to £57,684
Average: £57,684

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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