Home Property in Cyprus
How to buy a house in Cyprus?
Here you will find the detailed information about real estate purchasing in Cyprus:
- the right way to choose the property and to effect the deal;
- property taxes and duties that should be paid;
- everything about home loans in Cyprus;
- home property management and renting;
- rental, commercial properties and related investment properties.
Real estate for sale
Most recent offers from house owners in Cyprus and from real estate agencies. Advertisements with the fixed price and auctions are listed here.
You can leave a comment and give advice to other visitors planning to buy a home in Cyprus.
Real estate acquisition in Cyprus is considered one of the most effective investment decisions. It is hardly a surprise, since Cypriot real estate market boasts a wide range of advantages. Sunny weather, perfect environmental conditions, a clear sea – these are just a few pleasures awaiting owners of houses in Cyprus. Let’s have a look at the prices for real property in Cyprus as of 2013.
Prices for real estate in southern Cyprus
An ancient city of Limassol lies in the southern part of the island on the shore of Akrotiri Bay right in between the other ancient cities of Amathus and Kourion. It is no wonder that the wise Byzantines called it in the vernacular as “Neapolis”, which means “new city”.
In terms of general prices for real property across all Cyprus, Limassol is the most expensive place in the country. Local average prices for real estate are higher than in any other Cypriot city or region. A studio apartment can be purchased for €130 000 here. Prices for regular flats vary from €180 000 for a two-room flat to €380 000 for a flat with four rooms.
Cyprus features such type of real estate as “mezonet”, which means “townhouse” in English. This is a two-storey house with a small parcel of land. Domestic premises, such as hall, kitchen, and parlor, are on the first floor, while bedrooms are on the second floor. The average price for a mezonet in Limassol is €370 000.
Fanciers of country houses with increased comfort may consider purchasing a villa. Owing to warm weather, the sea and picturesque landscapes, living on a villa in Cyprus is heavenly experience. However, this implies having a personal or at least a public well, as there is often a deficit of fresh water in Cyprus. The price for a villa in Limassol is €650 000.
Prices for real estate in northern Cyprus
Paphos, situated in the northwestern part of Cyprus, is one of the most popular resorts in the country. It is also the birthplace of Aphrodite, the Greek goddess of love. It is on one of the local beaches that Aphrodite was born of the sea foam, so it is hardly surprising that there are so many places in the city named after this goddess.
The average price for a studio apartment in Paphos is €115 000. A regular two-room flat costs €155 000. A three-room flat is worth €230 000, while a flat with four rooms – €315 000. A mezonet in this region is a bit cheaper than in Limassol – €285 000. Villa in Paphos can be purchased for nearly €520 000.
Real estate in central Cyprus
Larnaca lies on the southeastern coast of Cyprus. This is a very ancient city, which over its history was under the reign of many great states – from the empire of Alexander the Great to the Sublime Ottoman Porte. That is why it features several shrines of various cultures – Christian, Muslim and Ancient Greek.
The average price for a studio apartment in this marvelous city is €110 000. Prices for regular flats vary from €135 000 for a two-room flat to €300 000 for a flat with four rooms. A mezonet in Larnaca can be purchased for €220 000, while a local villa is worth nearly €445 000.