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

983 properties listed for sale in Paphos

1 bed apartments:

77 listed for sale
£23,553 to £208,441
Average: £66,065

2 bed apartments:

176 listed for sale
£40,255 to £420,532
Average: £123,176

3 bed apartments:

47 listed for sale
£47,106 to £856,480
Average: £225,046

4 bed apartments:

5 listed for sale
£107,060 to £997,371
Average: £543,608

2 bed houses:

103 listed for sale
£64,236 to £3,854,160
Average: £204,403

3 bed houses:

289 listed for sale
£89,930 to £3,036,222
Average: £396,941

4 bed houses:

113 listed for sale
£113,869 to £3,854,160
Average: £1,042,015

5 bed houses:

29 listed for sale
£188,426 to £2,997,680
Average: £1,254,536

6 bed houses:

7 listed for sale
£685,184 to £4,282,400
Average: £2,067,787

Studios:

1 listed for sale
£58,241 to £58,241
Average: £58,241

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Images of Paphos, Cyprus

Popular Destinations in Paphos

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