Geographic Information

Description of Cyprus
Tourism in Cyprus has boomed in recent years and the property market has grown with it. The two have become almost inseparable on the island: the Mediterranean climate, so appealing to overseas visitors, is a strong part of its attraction for expats. The retirement market for those looking to relocate abroad is a strong component of the Cypriot property industry. It is no surprise that the two converge in one main hotspot: Paphos. The south-west coastal resort is the most popular destination, although the history of Limassol and modern nightlife of Famagusta also have their fans. Cyprus has become increasingly dependent on investors from China and Russia to bolster demand for the island’s property following a new law to offer residency to non-EU buyers who invest.

Current Property Prices in Cyprus

2,100 properties listed for sale in Cyprus

1 bed apartments:

60 listed for sale
£41,351 to £1,488,146
Average: £240,543

2 bed apartments:

227 listed for sale
£75,374 to £4,333,131
Average: £372,949

3 bed apartments:

223 listed for sale
£97,068 to £5,296,049
Average: £723,384

2 bed houses:

149 listed for sale
£30,638 to £2,267,234
Average: £348,141

3 bed houses:

534 listed for sale
£34,571 to £6,215,198
Average: £480,031

4 bed houses:

312 listed for sale
£78,784 to £8,753,800
Average: £893,153

5 bed houses:

151 listed for sale
£100,669 to £5,908,815
Average: £1,641,425


1 listed for sale
£41,351 to £41,351
Average: £41,351

Cyprus Property Buying Guide

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Key Facts:

Currency: EURO
Time Zone: Eastern European Time Zone
DialCode: 357
Languages: Greek
Capital: Nicosia
Population: 838,897
GDP: $23.006 billion

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