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Real estate in Cyprus
Discover the best property in Cyprus from the largest developers and certified agencies, in the most picturesque spots of the island.
Cyprus-Real.Estate is a real estate website that offers an extensive database of buy-to-live and buy-to-let property in Cyprus, where you can use custom search filters to view only relevant properties matching your goals, taste and budget. On our website, you can also check out the real-time property prices in Cyprus. You can also contact our team to learn the latest prices in dollars, euros, and other currencies.
Property for sale in Cyprus
Famous for sun-bleached beaches and turquoise waters, Cyprus is a resort country that has plenty of things to offer, from ancient ruins and Byzantine churches to pristine turtle beaches and wine trails. Here the West meets the East, steep mountains are neighbours to wide sandy coastlines, and ancient legends drip from every rock. Since the island is a popular holiday destination, which also offers comfortable conditions for doing business, villas and apartments in Cyprus remain a liquid asset.
Popular cities
According to the Cyprus Land Department, the property market experienced a boom in March 2023. Most transactions were concluded in the largest cities, including Limassol, Paphos and Larnaca:
- Limassol experienced a 39% increase in sales compared to last year, with 507 transactions in 2023 compared to 366 in 2022;
- In Paphos, sales increased by 43% compared to last year. There were 314 transactions registered in 2023, while last year’s number was 220;
- Larnaca registered a 35% increase in sales compared to last year. In 2023, 256 homes were sold, while in 2022 only 190 units were sold.
Other popular cities for buying property are:
- Nicosia;
- Ayia Napa;
- Protaras;
- Famagusta;
- Kyrenia.
Types of property
Nationals of foreign countries are allowed to buy property in Cyprus. The local market offers a wide range of residential and commercial real estate options. On our website you will find:
- studio units;
- apartments;
- penthouses;
- houses in Cyprus;
- hotels;
- land plots;
- commercial property.
Investment property in Cyprus
Housing in Cyprus for foreigners is a potentially liquid asset, which can become a source of stable passive income.
In Q4 2022, the cost of apartments increased by 7.7%. The total price of real estate in Cyprus increased by 5.6%. The year of 2023 has continued the dynamic trend of 2022. Moreover, the growing demand is being observed for both residential and commercial real estate as well as for land plots. In March, the number of sales amounted to 1,352 units, which is 22% more than last year's figures in the same month.
Are you planning to invest in Cyprus property for rental income? In this case, you can count on a yield of 6.76% to 9.11% per year. Depending on the city and the specific neighbourhood, this rate may vary.
Buying property in Cyprus
On Cyprus-Real.Estate contains offers from leading developers and reliable agencies, which you can easily navigate. You do not need to search for suitable options on dozens of different websites. It features convenient search filters, a currency converter, and direct contact details for a salesperson. Prices are updated automatically. Take a step towards your dream today — start searching for your perfect property on Cyprus-Real.Estate!
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