Property Prices in Paphos, Cyprus

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Index Info
Price to Income Ratio: 7.76
Mortgage as Percentage of Income: 58.09%
Loan Affordability Index: 1.72
Price to Rent Ratio - City Centre: 13.56
Price to Rent Ratio - Outside of Centre: 13.22
Gross Rental Yield (City Centre): 7.37%
Gross Rental Yield (Outside of Centre): 7.56%
Rent Per Month
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Apartment (1 bedroom) in City Centre 821.60 £ 502.63-1,172.79
Apartment (1 bedroom) Outside of Centre 635.26 £ 376.97-1,005.25
Apartment (3 bedrooms) in City Centre 1,493.91 £ 1,089.02-1,842.96
Apartment (3 bedrooms) Outside of Centre 1,249.58 £ 837.71-2,513.13
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 226.92 £ 124.52-344.69
Price per Square Feet to Buy Apartment Outside of Centre 177.38 £ 101.17-311.30
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,402.79 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.34 3.00-6.00

These data are based on 111 entries in the past 18 months from 20 different contributors.
Last update: February 2025

Sources and References
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1 Comments so far
James Hamilton-Bird on Jan 18, 2022:
My first property in Paphos was for a 2 bed semi-detached with a bathroom and open-plan kitchen and lounge leading to the garden terrace. It was in 1984 and cost me £ 16 thousand CYPRIOT POUNDS. This was before the change to Euros. My English Wife went on holiday there when I was working in Dubai, which was common practise for Expats in the Summer heat. She decided to move in with the owner of a local Coffee shop and take our 4-year-old Son with her. After years of travelling backwards and forwards, I sold the property. Today at 77 years of age I am now looking for a property to spend the rest of my life in, I have remarried to an Arabic Speaker and I am much happier than before