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

754 properties listed for sale in Paphos

1 bed apartments:

37 listed for sale
£43,726 to £271,356
Average: £129,939

2 bed apartments:

1 listed for sale
£82,665 to £82,665
Average: £82,665

2 bed apartments:

152 listed for sale
£70,984 to £514,315
Average: £181,702

3 bed apartments:

66 listed for sale
£89,853 to £1,347,795
Average: £359,530

4 bed apartments:

12 listed for sale
£175,213 to £1,797,060
Average: £586,394

2 bed houses:

93 listed for sale
£89,808 to £1,797,060
Average: £246,909

3 bed houses:

334 listed for sale
£89,179 to £3,504,267
Average: £413,513

4 bed houses:

115 listed for sale
£76,375 to £4,847,301
Average: £894,231

5 bed houses:

32 listed for sale
£134,780 to £3,010,076
Average: £1,306,943

6 bed houses:

7 listed for sale
£161,735 to £1,976,766
Average: £869,648

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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