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

850 properties listed for sale in Paphos

1 bed apartments:

50 listed for sale
£43,726 to £269,408
Average: £116,188

2 bed apartments:

1 listed for sale
£82,071 to £82,071
Average: £82,071

2 bed apartments:

161 listed for sale
£64,230 to £579,852
Average: £179,669

3 bed apartments:

71 listed for sale
£89,208 to £1,338,120
Average: £350,933

4 bed apartments:

12 listed for sale
£173,956 to £1,784,160
Average: £584,126

2 bed houses:

106 listed for sale
£60,215 to £1,784,160
Average: £243,835

3 bed houses:

350 listed for sale
£88,762 to £3,479,112
Average: £413,404

4 bed houses:

129 listed for sale
£75,827 to £4,847,301
Average: £915,654

5 bed houses:

35 listed for sale
£133,812 to £2,988,468
Average: £1,252,716

6 bed houses:

5 listed for sale
£196,258 to £1,962,576
Average: £1,082,985

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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