Can foreigners get a mortgage to buy a house in Cyprus?

Mortgages in Cyprus may be obtained to fund the purchase of an off-plan or existing property, or to finance improvements. A mortgage is typically obtained on a property with a title. With a 50% downpayment, an applicant is most likely to qualify for a mortgage to purchase a property priced between €150,000 and €1,000,000. Mortgage rates vary, starting from 3.7 %. When a property is under construction, the mortgage borrower is granted an installment plan.

How much do utilities cost in Cyprus?

Property maintenance costs are not very high in Cyprus compared to the rest of Europe. Total housing costs incurred by apartment owners are approximately €1,700 per year. The total housing expense for owners of villas with private pools is about €2,900 per year.

Can buying a house also get a residence permit in Cyprus?

Migration to Cyprus is very popular among foreigners as a permanent residence permit may be acquired with the purchase of a property worth about €300,000. An investment of €2,000,000 allows a person to get Cyprus citizenship.

How to get citizenship in Cyprus by buying a house?

Investment of about €2,000,000 into real estate, government bonds, or local business, and an additional donation of €150,000 to a government fund allows people to qualify for Cyprus citizenship by investment .

What is the process of buying a house in Cyprus?

It takes about 2 months to register property ownership of a house in Cyprus. Tranio recommends that you comprehensively review all the details of a property purchase in order to avoid any problems at closing and upon registration.

What are the house prices in Cyprus?

House prices in Cyprus vary across regions and locations.

What taxes are charged on house purchase, ownership, and sale in Cyprus?

Property transfer fees range from 3 % to 8 % depending on the house value. The immovable property tax was cancelled in 2017. Now homeowners in Cyprus pay an annual municipality tax of €55–185 per year. Get more insights into Cyprus taxes in our article .

Can foreign citizens lease residential property in Cyprus, and what is the return on investment for a rental property?

Yes, they can. According to RICS, average rental yields of apartments in Cyprus are 3.9 % and a house lease earns 2.0 %, which is almost in line with returns generated by similar properties in the rest of Europe.

Cheap houses for sale in Cyprus – Buy villa in Cyprus

Modern villa in a luxury residential complex, Paphos, Cyprus for 425,000 €

Modern villa in a luxury residential complex, Paphos, Cyprus

425,000 €

Total area 173 m²Land area: 306 m²3 bedrooms2 bathrooms

173 m², 3 bedrooms, villa + plot 306 m²

Paphos, Cyprus

425,000 €

Three-storey villa with an open-air swimming pool, Yeroskipou, Cyprus for 901,000 €

With swimming pool

Three-storey villa with an open-air swimming pool, Yeroskipou, Cyprus

901,000 €

Total area 210 m²3 bedrooms

210 m², 3 bedrooms, villa

Geroskipou, Paphos, Cyprus

901,000 €

Golden Visa

Two comfortable apartments in one building in the city center with a yield of 5,3%, Agios Nikolaos subway station, Athens, Greece

250,000 €

Total area: 152 m² 5 bedrooms 2 bathrooms

Cozy villa with a pool, 500 meters from the sea, Paphos, Cyprus for 369,000 €

With swimming pool

Cozy villa with a pool, 500 meters from the sea, Paphos, Cyprus

369,000 €

Total area 140 m²Land area: 260 m²3 bedrooms3 bathrooms

140 m², 3 bedrooms, villa + plot 260 m²

Paphos, Cyprus

369,000 €

New villa with a terrace and sea views in a prestigious residence, near the beach, Paphos, Cyprus

1,250,000 €

3 bedrooms2 bathrooms

3 bedrooms, villa

Paphos (city), Paphos, Cyprus

1,250,000 €

Furnished villa with pool, garden and city view, Limassol, Cyprus for 2,300,000 €

With swimming pool

Furnished villa with pool, garden and city view, Limassol, Cyprus

2,300,000 €

Total area 235 m²Land area: 253 m²3 bedrooms4 bathrooms

235 m², 3 bedrooms, villa + plot 253 m²

Limassol (city), Limassol, Cyprus

2,300,000 €

Modern villa with a pool and a garden with a jacuzzi, Limassol, Cyprus for 950,000 €

With swimming pool

Modern villa with a pool and a garden with a jacuzzi, Limassol, Cyprus

950,000 €

Total area 220 m²Land area: 460 m²4 bedrooms4 bathrooms

220 m², 4 bedrooms, villa + plot 460 m²

Limassol (city), Limassol, Cyprus

950,000 €

Modern villa with sea views, Limassol, Cyprus for 886,000 €

Modern villa with sea views, Limassol, Cyprus

886,000 €

Total area 204 m²3 bedrooms3 bathrooms

204 m², 3 bedrooms, villa

Limassol (city), Limassol, Cyprus

886,000 €

Furnished villa with a private pier, Limassol, Cyprus for 2,200,000 €

Furnished villa with a private pier, Limassol, Cyprus

2,200,000 €

Total area 180 m²Land area: 200 m²3 bedrooms3 bathrooms

180 m², 3 bedrooms, villa + plot 200 m²

Limassol (city), Limassol, Cyprus

2,200,000 €

Furnished villa 300 meters from the beach, Paphos, Cyprus for 760,000 €

Furnished villa 300 meters from the beach, Paphos, Cyprus

760,000 €

Total area 161 m²Land area: 332 m²3 bedrooms3 bathrooms

161 m², 3 bedrooms, villa + plot 332 m²

Paphos, Cyprus

760,000 €

With swimming pool

One-storey villa with a veranda, a pool and sea views, Tala, Paphos, Cyprus

630,000 €

3 bedrooms3 bathrooms

3 bedrooms, villa

Tala, Paphos, Cyprus

630,000 €

Villa with terraces, a garden and a swimming pool, Paphos, Cyprus for 2,400,000 €

With swimming pool

Villa with terraces, a garden and a swimming pool, Paphos, Cyprus

2,400,000 €

Total area 318 m²4 bedrooms4 bathrooms

318 m², 4 bedrooms, villa

Paphos (city), Paphos, Cyprus

2,400,000 €

Comfortable house with a pool, parking and a covered veranda, Limassol, Cyprus for 885,000 €

With swimming pool

Comfortable house with a pool, parking and a covered veranda, Limassol, Cyprus

885,000 €

Total area 377 m²Land area: 604 m²4 bedrooms4 bathrooms

377 m², 4 bedrooms, villa + plot 604 m²

Limassol (city), Limassol, Cyprus

885,000 €

Beautiful villa with sea views in a prestigious area, Paphos, Cyprus for 472,000 €

Beautiful villa with sea views in a prestigious area, Paphos, Cyprus

472,000 €

Total area 129 m²Land area: 302 m²3 bedrooms3 bathrooms

129 m², 3 bedrooms, villa + plot 302 m²

Paphos, Cyprus

472,000 €

Villa with a rooftop terrace in the central area of the city, Paphos, Cyprus

972,000 €

Total area 163 m²

163 m², villa

Paphos, Cyprus

972,000 €

4 Bedroom Villa in Livadia with Private Pool and only 700m from the Beach for 375,000 €

4 Bedroom Villa in Livadia with Private Pool and only 700m from the Beach

375,000 €

Total area 199 m²Land area: 215 m²

199 m², villa + plot 215 m²

Livadia, Larnaca, Cyprus

375,000 €

Spacious villa with a pool, a garden and a jacuzzi, in a prestigious area, Limassol, Cyprus for 1,550,000 €

With swimming pool

Spacious villa with a pool, a garden and a jacuzzi, in a prestigious area, Limassol, Cyprus

1,550,000 €

Total area 440 m²Land area: 2,000 m²4 bedrooms

440 m², 4 bedrooms, villa + plot 2,000 m²

Limassol (city), Limassol, Cyprus

1,550,000 €

Furnished villa with a swimming pool and parking, Xylofagu, Cyprus for 145,000 €

With swimming pool

Furnished villa with a swimming pool and parking, Xylofagu, Cyprus

145,000 €

Total area 90 m²Land area: 200 m²2 bedrooms2 bathrooms

90 m², 2 bedrooms, villa + plot 200 m²

Xylofagou, Larnaca, Cyprus

145,000 €

Modern villa with a beautiful garden and a sea views, Geronissos, Cyprus for 900,000 €

With swimming pool

Modern villa with a beautiful garden and a sea views, Geronissos, Cyprus

900,000 €

Total area 260 m²Land area: 580 m²4 bedrooms4 bathrooms

260 m², 4 bedrooms, villa + plot 580 m²

Paphos, Cyprus

900,000 €

Spacious villa with a pool and sea views, Mouttagiaka, Limassol, Cyprus for 848,000 €

With swimming pool

Spacious villa with a pool and sea views, Mouttagiaka, Limassol, Cyprus

848,000 €

Total area 225 m²Land area: 395 m²3 bedrooms

225 m², 3 bedrooms, villa + plot 395 m²

Mouttagiaka, Limassol, Cyprus

848,000 €

Spacious villa with a pool and a garage, in a prestigious area, Limassol, Cyprus for 1,300,000 €

With swimming pool

Spacious villa with a pool and a garage, in a prestigious area, Limassol, Cyprus

1,300,000 €

Total area 320 m²Land area: 1,006 m²4 bedrooms4 bathrooms

320 m², 4 bedrooms, villa + plot 1,006 m²

Limassol (city), Limassol, Cyprus

1,300,000 €

Mediterranean style villa with a garden and a swimming pool, Paphos, Cyprus for 2,250,000 €

With swimming pool

Mediterranean style villa with a garden and a swimming pool, Paphos, Cyprus

2,250,000 €

Total area 318 m²4 bedrooms4 bathrooms

318 m², 4 bedrooms, villa

Paphos (city), Paphos, Cyprus

2,250,000 €

Comfortable villa with a pool, a garden and a garage, Limassol, Cyprus for 1,990,000 €

With swimming pool

Comfortable villa with a pool, a garden and a garage, Limassol, Cyprus

1,990,000 €

Total area 312 m²Land area: 1,102 m²5 bedrooms5 bathrooms

312 m², 5 bedrooms, villa + plot 1,102 m²

Limassol (city), Limassol, Cyprus

1,990,000 €

New villa with a rooftop garden and pool, near the beach, Protaras, Cyprus for 390,000 €

With swimming pool

New villa with a rooftop garden and pool, near the beach, Protaras, Cyprus

390,000 €

Total area 166 m²Land area: 265 m²2 bedrooms2 bathrooms

166 m², 2 bedrooms, villa + plot 265 m²

Protaras, Famagusta, Cyprus

390,000 €

Luxury modern villa with a swimming pool and a garage, on the coastline, Ayia Napa, Cyprus for 3,700,000 €

With swimming pool

Luxury modern villa with a swimming pool and a garage, on the coastline, Ayia Napa, Cyprus

3,700,000 €

Total area 261 m²Land area: 1,325 m²5 bedrooms3 bathrooms

261 m², 5 bedrooms, villa + plot 1,325 m²

Ayia Napa, Famagusta, Cyprus

3,700,000 €

Semi-detached villa with private pool and a roof garden, Protaras, Cyprus for 310,000 €

With swimming pool

Semi-detached villa with private pool and a roof garden, Protaras, Cyprus

310,000 €

Total area 97 m²2 bedrooms3 bathrooms

97 m², 2 bedrooms, villa

Protaras, Famagusta, Cyprus

310,000 €

Houses for sale in Cyprus

Discounted homes upon request

FAQ about Cyprus

Villas in Cyprus. Cyprus house prices