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

1,446 properties listed for sale in Paphos

1 bed apartments:

82 listed for sale
£39,713 to £266,515
Average: £90,437

2 bed apartments:

1 listed for sale
£81,190 to £81,190
Average: £81,190

2 bed apartments:

189 listed for sale
£52,509 to £661,875
Average: £152,747

3 bed apartments:

67 listed for sale
£57,363 to £776,600
Average: £294,355

4 bed apartments:

7 listed for sale
£194,150 to £1,027,671
Average: £540,657

2 bed houses:

171 listed for sale
£66,188 to £3,971,250
Average: £242,102

3 bed houses:

457 listed for sale
£87,809 to £3,128,463
Average: £593,191

4 bed houses:

194 listed for sale
£140,759 to £3,971,250
Average: £1,087,225

5 bed houses:

65 listed for sale
£132,375 to £3,972,133
Average: £1,451,050

6 bed houses:

32 listed for sale
£194,150 to £4,897,875
Average: £2,195,770

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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