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Island BlueGlobal Properties has collected over 2193 properties for sale in Paphos. The aggregator offers various housing options from reliable real estate companies and directly from developers. Find the ad you are interested in, study the details, including price, layout, location, and amenities. Get in touch with the seller by phone or via messengers to discuss the terms of how to buy a property in Paphos.
The total amount of real estate for sale in Paphos is affected by the area of the housing, the year of construction, the number of bedrooms and the location. The lowest cost of property in Paphos is €171306. The highest value reaches €16 million.
The size of properties in Paphos, Cyprus, is diverse. Their area starts at 32 m² and is limited to 8,600 m².
You can issue a residence permit for investment real estate in Paphos worth from €300,000 + VAT. The visa is available to the homeowner and his family members. A mandatory requirement is that real estate in Paphos must be purchased on the primary market.
There is a wide selection of villas that can be equipped with panoramic windows, gardens, pools and terraces overlooking the sea. Apartments and penthouses in modern residential complexes provide public amenities: parking lots, gyms, pools, and children’s playgrounds.
The city is considered not only a popular place to relax by the sea, but also an investment-attractive place, which is influenced by:
- Rising housing prices;
- The prospect of returning the money spent on the overseas property through renting it out;
- A long tourist season;
- The sun shines 330 days a year, and the average annual temperature is 20 °C;
- Sandy beaches located near the Mediterranean Sea;
- Historical places and temples.
Yes, it is, as property in Paphos is in great demand for short-term rentals from tourists, and for a long time from specialists, digital nomads and start-ups. The return on investment varies from 6 to 8.5% per annum, which depends on the prestige of the location of the residential complex, amenities and area. Owners will also be able to come on holiday in high season and stay in their apartments or villas for several weeks without losing income.
Property for sale in Paphos
The city is located on the island’s southwestern coast and boasts a rich historical heritage and beautiful nature. It attracts tourists from all over the world, as it is included in the UNESCO World Heritage List along with various mosaics of the Roman period, an Archaeological park, the Temple of Aphrodite, the necropolis of the Royal Tombs and early Christian Byzantine temples. The modern city is also known for its gorgeous endless beaches, cosy cafes and fine restaurants offering traditional Cypriot cuisine and international dishes.
A wide range of properties is available to buyers, most of which are villas in Paphos. The luxurious mansions have spacious gardens, pools and terraces overlooking the coast, panoramic windows and seating areas. The apartments are equipped with kitchen sets and plumbing, and some of them are furnished and equipped with home devices. The penthouses provide terraces, private pools and staff rooms.
Contemporary projects can have many amenities for residents, including gyms, swimming pools, parking lots, sports and playgrounds. Exclusive complexes offer direct access to the beaches.
Buyers can purchase apartments in new buildings, including Pearl Park Residences and Melania Gardens E. There is a wide range of settlements with off-plan houses in the region, including Bluebell Residences, Verna Homes, Avalon Gardens, Morella Homes, Picudo Residence, Sentire Park, and many others. Off-plan apartment buildings include Plus 33, The Nest, Aster Gardens, and Horizon View.
Average property prices in Paphos are lower than in Limassol and about the same as for housing in Larnaca. The cost varies little by city districts. If you choose flats, you can pay attention to the city centre and Kato Paphos. The mansions are located in Chloraka, Thale, Tsada and Konya.
Reasons for investing in property in Paphos
Cyprus is one of the most popular investment locations. This is influenced by its stable economic situation, flexible tax policy, and a wide range of complexes in the primary and secondary markets. You can become a resident for investing in a property in Paphos and move to a permanent place of residence with your family.
Property in Cyprus is attractive to foreigners, as evidenced by 44.3% of transactions concluded last year. Paphos is the top choice for overseas investors accounting for 35% of total housing sales.
The city is the second most in-demand region in 2023, with 23% of all deals. The price of properties in Paphos for investment grew by 1.3% over the past year, and the number of transactions went up by 17%. Approximately 80% of agreements for apartments and 35% for houses involve a price of €200,000. About 45% of villa transactions fall within the price bracket of €200,000 to €500,000.
As the location is extremely popular, investors can be interested in buying real estate in Paphos to rent it out. It is perfect for tourists wishing to rent it for a short period, which is why the price may be above average. Long-term rentals are relevant for professionals, start-up founders and employees of local companies who can obtain a residence permit in Cyprus.
Owners have the right to resell their properties if prices rise. If you choose off-plan projects, the cost may increase by 10–30% when the community is put into operation. It is especially beneficial to acquire a home when launching a project.
Buying real estate in Paphos
Global Properties is an aggregator where you will find a catalogue with a large number of ads of villas and apartments in Paphos directly from trusted developers and real estate agencies. Thanks to this, buyers can come across the right property for sale in Paphos at the best price. The website contains various properties in new buildings, ready-made and off-plan residential complexes, which allows you to find a home for your purposes. Use the convenient search to pick up cosy housing units in the most prestigious areas of Cyprus. Our brokers are always in touch to provide professional advice, help you figure out the details of the deal, and find options based on your budget and requirements.