Can foreigners get a mortgage in Ayia Napa?

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 Ayia Napa?

Property maintenance costs are not very high in Ayia Napa 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 property in Ayia Napa 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 property in Ayia Napa?

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 property in Cyprus?

It takes about 2 months to register property ownership 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 residential prices in Ayia Napa?

Property prices in Ayia Napa vary for different types of housing and across locations.

What taxes are charged on property purchase, ownership, and sale in Ayia Napa?

Property transfer fees range from 3 % to 8 % depending on the property 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.

Property for sale in Ayia Napa

New villas on the beachfront in a residential complex with a port, a shopping area and a sports complex, Ayia Napa, Famagusta, Cyprus for From 4,600,000 €

Permanent residence

New villas on the beachfront in a residential complex with a port, a shopping area and a sports complex, Ayia Napa, Famagusta, Cyprus

From 4,600,000 €

Built in 2023Total of 190 apartments

Residential complex

Permanent residence

Luxury apartments in the best residential complex with a port, a shopping area and a sports complex in Ayia Napa, Famagusta, Cyprus

From 930,000 €

Built in 2023Total of 190 apartments

Residential complex

3 weeks ago

Sea view

Residential complex with gardens and panoramic views, Limassol

From 260,000 €

Swimming pool Gym Video surveillance Close to the sea

Residential complex

Luxury villas with a panoramic view on the first sea line, Ayia Napa, Cyprus for From 3,350,000 €

Luxury villas with a panoramic view on the first sea line, Ayia Napa, Cyprus

From 3,350,000 €

Total of 3 apartments

Residential complex

New complex of villas with swimming pools at 500 meters from the beach, in the center of Ayia Napa, Cyprus for From 740,000 €

Permanent residence

New complex of villas with swimming pools at 500 meters from the beach, in the center of Ayia Napa, Cyprus

From 740,000 €

Total of 8 apartments

Residential complexSecondary housing only

Seafront villa with swimming pool, jacuzzi, roof garden, gym and sauna for 4,200,000 €

With swimming pool

Seafront villa with swimming pool, jacuzzi, roof garden, gym and sauna

4,200,000 €

Total area 490 m²6 bedrooms5 bathrooms

Villa with 3 bedrooms, with a large land plot and sea views for 995,000 €

Villa with 3 bedrooms, with a large land plot and sea views

995,000 €

3 bedrooms1 bathroom

Villa – Ayia Napa, Famagusta, Cyprus for 390,000 €

With swimming pool

Villa – Ayia Napa, Famagusta, Cyprus

390,000 €

Total area 167 m²Land area: 387 m²3 bedrooms3 bathrooms

Excellently located 1-bedroom Apartment with Title Deeds located in Ayia Napa for 135,000 €

With swimming pool

Excellently located 1-bedroom Apartment with Title Deeds located in Ayia Napa

135,000 €

1 bedroom1 bathroom

Villa – Ayia Napa, Famagusta, Cyprus for 490,000 €

Villa – Ayia Napa, Famagusta, Cyprus

490,000 €

Total area 153 m²Land area: 376 m²3 bedrooms3 bathrooms

Villa – Ayia Napa, Famagusta, Cyprus for 1,400,000 €

Villa – Ayia Napa, Famagusta, Cyprus

1,400,000 €

Total area 310 m²Land area: 800 m²5 bedrooms3 bathrooms

Villa with garden, close to the sea, Ayia Napa for 495,000 €

Villa with garden, close to the sea, Ayia Napa

495,000 €

3 bedrooms1 bathroom

Villa – Ayia Napa, Famagusta, Cyprus for 6,270,000 €

Villa – Ayia Napa, Famagusta, Cyprus

6,270,000 €

Total area 736 m²Land area: 870 m²5 bedrooms6 bathrooms

Apartment – Ayia Napa, Famagusta, Cyprus for 650,000 €

Furnished

Apartment – Ayia Napa, Famagusta, Cyprus

650,000 €

Total area 157 m²Land area: 445 m²3 bedrooms4 bathrooms

Villa – Ayia Napa, Famagusta, Cyprus for 535,000 €

Villa – Ayia Napa, Famagusta, Cyprus

535,000 €

Total area 209 m²Land area: 316 m²3 bedrooms2 bathrooms

Villa – Ayia Napa, Famagusta, Cyprus for 4,745,000 €

Villa – Ayia Napa, Famagusta, Cyprus

4,745,000 €

Total area 506 m²Land area: 841 m²3 bedrooms4 bathrooms

Magnificent 3-bedroom, detached villa, with Title for share of land and Swimming Pool with amazing Seaview's in Cape Greko for 385,000 €

Magnificent 3-bedroom, detached villa, with Title for share of land and Swimming Pool with amazing Seaview's in Cape Greko

385,000 €

3 bedrooms1 bathroom

Newly Renovated 2-bedroom Apartment with Title Deeds located in the heart of Ayia Napa for 189,000 €

Newly Renovated 2-bedroom Apartment with Title Deeds located in the heart of Ayia Napa

189,000 €

2 bedrooms1 bathroom

2 months ago

Newly Renovated 1-bedroom Apartment with Title Deeds located in the heart of Ayia Napa for 155,000 €

With balcony/terrace

Newly Renovated 1-bedroom Apartment with Title Deeds located in the heart of Ayia Napa

155,000 €

1 bedroom1 bathroom

2 months ago

Villa – Ayia Napa, Famagusta, Cyprus for 1,950,000 €

With swimming pool

Villa – Ayia Napa, Famagusta, Cyprus

1,950,000 €

Total area 166 m²Land area: 773 m²5 bedrooms5 bathrooms

Luxury 5 bedroom, 5 bathroom villa on an exclusive beachfront development, situated next to the Ayia Napa Marina for 3,400,000 €

With swimming pool

Luxury 5 bedroom, 5 bathroom villa on an exclusive beachfront development, situated next to the Ayia Napa Marina

3,400,000 €

5 bedrooms5 bathrooms

Villa – Ayia Napa, Famagusta, Cyprus for 3,350,000 €

Villa – Ayia Napa, Famagusta, Cyprus

3,350,000 €

Total area 698 m²Land area: 1,325 m²5 bedrooms6 bathrooms

Complex of furnished villas with swimming pools at 400 meters from the sea, Ayia Napa, Cyprus for From 450,000 €

Complex of furnished villas with swimming pools at 400 meters from the sea, Ayia Napa, Cyprus

From 450,000 €

Built in 2010Total of 24 apartments

Residential complexSecondary housing only

Modern 3 bedroom villa with private infinity pool, in popular Nissi area of Ayia Napa for 715,000 €

With swimming pool

Modern 3 bedroom villa with private infinity pool, in popular Nissi area of Ayia Napa

715,000 €

3 bedrooms3 bathrooms

Stunning, 1-bedroom apartment with sea views and title deeds located in the heart of Ayia Napa for 125,000 €

Stunning, 1-bedroom apartment with sea views and title deeds located in the heart of Ayia Napa

125,000 €

1 bedroom1 bathroom

4 weeks ago

Serviced apartments in a residence with a swimming pool and a garden, in the center of Ayia Napa, Cyprus for From 272,000 €

Serviced apartments in a residence with a swimming pool and a garden, in the center of Ayia Napa, Cyprus

From 272,000 €

Built in 2023Total of 28 apartments

Residential complex

Location	Median cost of the object	Average price per m²
Cyprus	€440,000	€5,141
Limassol	€591,108	€6,726
Paphos	€486,000	€4,696
Larnaca	€270,000	€3,907
Ayia Napa	€400,000	€8,402
Famagusta	€400,000	€5,410
Nicosia	€239,771	€3,405

Property for sale in Ayia Napa

Comparison of property prices in Cyprus