Can foreigners get a mortgage to buy an apartment 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 an apartment 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 an apartment 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 an apartment in Cyprus?

It takes about 2 months to register property ownership of a apartment 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 apartment prices in Paphos?

Apartment prices in Paphos vary across locations.

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

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

Apartments for sale in Paphos – Buy flat 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

Beautiful apartment with a rooftop garden and sea views, Paphos, Cyprus for 135,000 €

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

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

Four-room apartment with a balcony in a luxury residential complex with a swimming pool and a garden, Paphos, Cyprus for 2,070,000 €

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

Spacious apartment in a picturesque area, Paphos, Cyprus for 169,000 €

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

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 apartment with a balcony and pool views in a cozy residence, near the bay and the city center, Kato Paphos, Paphos, Cyprus for 203,000 €

Furnished

Modern apartment with a balcony and pool views in a cozy residence, near the bay and the city center, Kato Paphos, Paphos, Cyprus

203,000 €

2 bedrooms1 bathroom

2 bedrooms, apartment

Kato Paphos, Paphos (city), Paphos, Cyprus

203,000 €

Bright flat with a terrace in a prestigious residence with a pool, near the beach, Pegeia, Paphos, Cyprus for 304,000 €

Furnished

Bright flat with a terrace in a prestigious residence with a pool, near the beach, Pegeia, Paphos, Cyprus

304,000 €

2 bedrooms1 bathroom

2 bedrooms, apartment

Peyia, Paphos, Cyprus

304,000 €

Two-bedroom apartment with a terrace and a sea view, Kato Paphos, Cyprus for 325,000 €

Sea view

Two-bedroom apartment with a terrace and a sea view, Kato Paphos, Cyprus

325,000 €

Total area 65 m²2 bedrooms

65 m², 2 bedrooms, apartment

Kato Paphos, Paphos (city), Paphos, Cyprus

325,000 € 5,000 € per m²

2 Bedroom Apartment for sale part of Exclusive Complex in Tomb of the Kings area — Paphos for 135,000 €

With swimming pool

2 Bedroom Apartment for sale part of Exclusive Complex in Tomb of the Kings area — Paphos

135,000 €

Total area 100 m²2 bedrooms2 bathrooms

100 m², 2 bedrooms, apartment

Chloraka, Paphos, Cyprus

135,000 € 1,350 € per m²

Beautiful 2 Bedroom Apartment in stunning Complex for sale in Tomb of the Kings Area — Paphos for 160,000 €

With swimming pool

Beautiful 2 Bedroom Apartment in stunning Complex for sale in Tomb of the Kings Area — Paphos

160,000 €

Total area 75 m²2 bedrooms2 bathrooms

75 m², 2 bedrooms, apartment

Chloraka, Paphos, Cyprus

160,000 € 2,133 € per m²

2 Bedroom Apartment in Exclusive Complex at Tombs of the Kings for 145,000 €

With swimming pool

2 Bedroom Apartment in Exclusive Complex at Tombs of the Kings

145,000 €

Total area 100 m²2 bedrooms2 bathrooms

100 m², 2 bedrooms, apartment

Chloraka, Paphos, Cyprus

145,000 € 1,450 € per m²

Contemporary 2 Bedroom Apartment for sale in Universal Area in Paphos for 150,000 €

With balcony/terrace

Contemporary 2 Bedroom Apartment for sale in Universal Area in Paphos

150,000 €

Total area 79 m²2 bedrooms2 bathrooms

79 m², 2 bedrooms, apartment

Universal, Paphos (city), Paphos, Cyprus

150,000 € 1,898 € per m²

For Sale Stunning Bungalow with Private Courtyard and Pool with Sea Views in Sea Caves — Paphos for 1,200,000 €

With swimming pool

For Sale Stunning Bungalow with Private Courtyard and Pool with Sea Views in Sea Caves — Paphos

1,200,000 €

Total area 320 m²Land area: 1,380 m²5 bedrooms4 bathrooms

320 m², 5 bedrooms, apartment

Sea Caves, Peyia, Paphos, Cyprus

1,200,000 € 3,750 € per m²

Outstanding off-plan villa for sale with lovely views in Mesa Chorio — Paphos for 1,600,000 €

With swimming pool

Outstanding off-plan villa for sale with lovely views in Mesa Chorio — Paphos

1,600,000 €

Total area 409 m²Land area: 596 m²6 bedrooms4 bathrooms

409 m², 6 bedrooms, apartment

Mesa Chorio, Paphos, Cyprus

1,600,000 € 3,911 € per m²

For sale Stunning 2 Bedroom Apartment in Renowned Complex in Kato Paphos — Great Investment Opportunity! for 230,000 €

With swimming pool

For sale Stunning 2 Bedroom Apartment in Renowned Complex in Kato Paphos — Great Investment Opportunity!

230,000 €

Total area 88 m²2 bedrooms2 bathrooms

88 m², 2 bedrooms, apartment

Paphos, Cyprus

230,000 € 2,613 € per m²

Three bedroom apartment in Paphos, Kouklia for 275,000 €

With balcony/terrace

Three bedroom apartment in Paphos, Kouklia

275,000 €

Total area 116 m²Land area: 150 m²3 bedrooms4 bathrooms

116 m², 3 bedrooms, apartment

Aphrodite Hills, Kouklia, Paphos, Cyprus

275,000 € 2,370 € per m²

Superb Recently Renovated 3 Bedroom Apartment in Prestigious Complex for Sale in Aphrodite Hills — Paphos for 250,000 €

Superb Recently Renovated 3 Bedroom Apartment in Prestigious Complex for Sale in Aphrodite Hills — Paphos

250,000 €

Total area 116 m²Land area: 160 m²3 bedrooms2 bathrooms

116 m², 3 bedrooms, apartment

Kouklia, Paphos, Cyprus

250,000 € 2,155 € per m²

3 Bedroom Apartment with stunning Mountain and Sea Views for sale in Peyia village for 219,000 €

With swimming pool

3 Bedroom Apartment with stunning Mountain and Sea Views for sale in Peyia village

219,000 €

Total area 128 m²3 bedrooms2 bathrooms

128 m², 3 bedrooms, apartment

Peyia, Paphos, Cyprus

219,000 € 1,710 € per m²

For Sale Superbly kept 2 Bedroom Ground Floor Apartment in Private Complex in Universal Area — Paphos for 149,000 €

For Sale Superbly kept 2 Bedroom Ground Floor Apartment in Private Complex in Universal Area — Paphos

149,000 €

Total area 88 m²2 bedrooms2 bathrooms

88 m², 2 bedrooms, apartment

Universal, Paphos (city), Paphos, Cyprus

149,000 € 1,693 € per m²

Apartments for sale in Paphos

Discounted apartments and new-builds upon request

FAQ about Paphos