Can foreigners get a mortgage in Paphos?

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 Paphos?

Property maintenance costs are not very high in Paphos 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 Paphos 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 Paphos?

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 Paphos?

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

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

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 Paphos – Buy real estate in Paphos, Cyprus

Apartment – Kato Paphos, Paphos (city), Paphos, Cyprus for 470,000 €

Apartment – Kato Paphos, Paphos (city), Paphos, Cyprus

470,000 €

2 bedrooms1 bathroom

2 bedrooms, apartment

Kato Paphos, Paphos (city), Paphos, Cyprus

470,000 €

Cozy apartment in a residence with a pool, Paphos, Cyprus for 120,000 €

Furnished

Cozy apartment in a residence with a pool, Paphos, Cyprus

120,000 €

Total area 70 m²2 bedrooms1 bathroom

70 m², 2 bedrooms, apartment

Paphos (city), Paphos, Cyprus

120,000 € 1,714 € per m²

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

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 €

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 €

Furnished

Beautiful apartment with a rooftop garden and sea views, Paphos, Cyprus

135,000 €

Total area 87 m²2 bedrooms1 bathroom

87 m², 2 bedrooms, apartment

Paphos, Cyprus

135,000 € 1,551 € per m²

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 penthouse in a residence with a pool, Paphos, Cyprus for 180,000 €

With swimming pool

Furnished penthouse in a residence with a pool, Paphos, Cyprus

180,000 €

Total area 92 m²2 bedrooms

92 m², 2 bedrooms, penthouse

Paphos, Cyprus

180,000 € 1,956 € per m²

Modern two bedroom apartment with a balcony in a luxury residential complex with a swimming pool and a garden, Paphos, Cyprus

1,320,000 €

Total area 153 m²2 bedrooms

153 m², 2 bedrooms, new home

Paphos (city), Paphos, Cyprus

2 floor

1,320,000 € 8,627 € per m²

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 €

Cozy townhouse with sea views in a quiet area, Paphos, Cyprus

305,000 €

Total area 89 m²2 bedrooms2 bathrooms

89 m², 2 bedrooms, terraced house

Paphos, Cyprus

305,000 €

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 €

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 €

Four-room apartment with a balcony in a luxury residential complex with a swimming pool and a garden, Paphos, Cyprus

2,070,000 €

Total area 236 m²3 bedrooms

236 m², 3 bedrooms, new home

Paphos (city), Paphos, Cyprus

3 floor

2,070,000 € 8,771 € per m²

Bright apartments with balconies and sea views in a modern residence with a pool, near the city center, Paphos, Cyprus for 268,000 €

Sea view

Bright apartments with balconies and sea views in a modern residence with a pool, near the city center, Paphos, Cyprus

268,000 €

Total area 83 m²2 bedrooms2 bathrooms

83 m², 2 bedrooms, apartment

Paphos (city), Paphos, Cyprus

268,000 € 3,228 € per m²

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 €

Furnished

Spacious apartment in a picturesque area, Paphos, Cyprus

169,000 €

Total area 120 m²2 bedrooms2 bathrooms

120 m², 2 bedrooms, apartment

Paphos, Cyprus

169,000 € 1,408 € per m²

Sea view

Modern apartment with a balcony and a panoramic sea views in a new residential complex, Paphos, Cyprus

525,000 €

Total area 160 m²3 bedrooms2 bathrooms

160 m², 3 bedrooms, new home

Paphos (city), Paphos, Cyprus

3 floor

525,000 € 3,281 € per m²

Cozy apartment with sea views in a quiet area, Paphos, Cyprus for 225,000 €

Sea view

Cozy apartment with sea views in a quiet area, Paphos, Cyprus

225,000 €

Total area 83 m²2 bedrooms2 bathrooms

83 m², 2 bedrooms, apartment

Paphos, Cyprus

225,000 € 2,710 € per m²

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 €

Apartments with a balcony and a panoramic sea views in a new residential complex, Paphos, Cyprus for 350,000 €

Sea view

Apartments with a balcony and a panoramic sea views in a new residential complex, Paphos, Cyprus

350,000 €

Total area 118 m²2 bedrooms2 bathrooms

118 m², 2 bedrooms, new home

Paphos (city), Paphos, Cyprus

1 floor

350,000 € 2,966 € per m²

Modern villa with a garden and a swimming pool, Paphos, Cyprus for 925,000 €

With swimming pool

Modern villa with a garden and a swimming pool, Paphos, Cyprus

925,000 €

Total area 194 m²2 bedrooms2 bathrooms

194 m², 2 bedrooms, villa

Paphos (city), Paphos, Cyprus

925,000 €

Villa with a garden, a swimming pool and parking, near the beach, Paphos, Cyprus for 1,950,000 €

With swimming pool

Villa with a garden, a swimming pool and parking, near the beach, Paphos, Cyprus

1,950,000 €

Total area 318 m²4 bedrooms4 bathrooms

318 m², 4 bedrooms, villa

Paphos (city), Paphos, Cyprus

1,950,000 €

Property for sale in Paphos

Discounted properties upon request

FAQ about Paphos