Cyprus Property Dreams
You do not part with a single penny for using our service

Property in Paphos Cyprus is now excellent value.

With significant price reductions of property in Cyprus, the market is now providing exceptional value to . Prices in the popular destination of Paphos continue to fall steeply but now many agents have a lot to show buyers of all budgets so they have a great choice.

Price falls in Paphos are making property in Cyprus extremely cheap with prices in Paphos having fallen by at least a quarter in the last eighteen months. One experienced property professional with many years in the business has never seen such a good buying opportunity for a long time.

A villa which would have previously sold for €450,000 is now going for €300,000, and an apartment priced at €125,000 [£77,400] is now selling for €80,000 [£49,600].

The price falls have been attributed to the problems with banks imposing stricter mortgage criteria and the global financial crisis. A bank manager in Paphos told the Sunday Mail that lenders in Cyprus have reduced the number of property loans agreed by around half.

Some estate agents are very optimistic about property in Cyprus, while prices have dropped in some areas of Paphos, some agents are seeing more demand from foreign and Cypriot buyers who are optimistic about prices and believe they now have a great chance to buy something.

George Mais, the president of the Paphos branch of Cyprus’ Land and Building Developers’ Association believes that while some properties or locations just aren’t popular anymore’, new properties or those in a good seafront location are holding their value.

Overseas buyers, particularly those from Russia, are returning to Paphos ‘because it is quiet, there are many areas of outstanding natural beauty and it’s safer than a lot of other towns in Cyprus,” he said.

One has to remember that Cyprus is a small island, very popular with British people because of the ease of living there with no language barriers and a very good health system, the land is finite and the choice will be reduced in the future.

Request a Callback Prefer to discuss your requirements? Click the button, add your details to the form and we will call you. We are very friendly people and there is zero obligation!
Subscribe to our Newsletter To receive regular property updates by email click the button and add your email address in the form.
Property Search
From (€)
To (€)

Currency Convertor

About us

Our Unique Service


First, each member of our team originates from the UK so there are no communication barriers.

Second, each of us has bought property in Cyprus and understands the the processes from first-hand experience. This has enabled us to help many other people buy property in Cyprus with confidence.



Anne LeCoulliard wrote
"I am looking forward to my permanent move to Cyprus, all thanks to using the services of Living Cyprus.

They have helped me every step of the way, from finding an excellent Estate Agent and solicitor, helping me book...

» Read More