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

1,299 properties listed for sale in Paphos

1 bed apartments:

74 listed for sale
£39,676 to £266,267
Average: £99,684

2 bed apartments:

1 listed for sale
£81,115 to £81,115
Average: £81,115

2 bed apartments:

247 listed for sale
£44,080 to £696,527
Average: £260,135

3 bed apartments:

70 listed for sale
£86,405 to £775,878
Average: £314,620

4 bed apartments:

9 listed for sale
£110,210 to £1,026,716
Average: £610,024

2 bed houses:

164 listed for sale
£70,490 to £3,967,560
Average: £286,255

3 bed houses:

384 listed for sale
£92,576 to £3,125,556
Average: £467,569

4 bed houses:

149 listed for sale
£104,920 to £4,108,063
Average: £1,167,161

5 bed houses:

32 listed for sale
£254,806 to £2,570,097
Average: £1,330,592

6 bed houses:

11 listed for sale
£456,710 to £4,408,400
Average: £2,068,982

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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