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

937 properties listed for sale in Paphos

1 bed apartments:

51 listed for sale
£43,726 to £547,737
Average: £125,140

2 bed apartments:

1 listed for sale
£83,292 to £83,292
Average: £83,292

2 bed apartments:

147 listed for sale
£76,955 to £514,315
Average: £169,240

3 bed apartments:

74 listed for sale
£103,210 to £1,539,095
Average: £396,584

4 bed apartments:

7 listed for sale
£136,708 to £1,022,140
Average: £510,512

2 bed houses:

110 listed for sale
£63,375 to £9,053,500
Average: £328,341

3 bed houses:

362 listed for sale
£30,782 to £2,983,128
Average: £447,474

4 bed houses:

142 listed for sale
£122,222 to £3,168,725
Average: £846,108

5 bed houses:

42 listed for sale
£132,181 to £4,074,075
Average: £1,439,449

6 bed houses:

16 listed for sale
£162,058 to £4,372,841
Average: £1,357,397

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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