Since the lifting of restrictions on foreign ownership, property sales and prices in Cyprus have increased drastically.
Cyprus property sales are concentrated in the major resorts in and around Paphos, Larnaca and Limassol where many buyers are seeking out affordable dream homes in the sun. With prices remaining some 30% lower than in France or Spain, Cyprus property sales are positively booming.
Property sales in Cyprus are largely dependant upon a strong tourist market in which buyers look to invest in buy-to-let properties. A recent upturn in the tourist industry, provoked by an improved infrastructure and increased facilities such as a hospital, golf courses, leisure and cultural centres, and a university, makes today’s property sales market in Cyprus particularly buoyant. In conjunction with the island’s Strategic Plan for Tourism 2010, Cyprus property sales now represent one of the fastest growing property markets in Europe. Cyprus Property sales are further boosted by regular and increased budget airline services to the international airports at Larnaca, Paphos and Ercan.
Despite lower prices, property sales in Turkish Northern Cyprus are slower than those in the Greek southern Republic. A clear understanding of both options is vital to making the best decision for your investment needs.
Get the latest property and investment opportunities direct to your inbox for FREE (you can unsubscribe anytime)
Cyprus House Prices fell 1.8% in Q1 2018
Cyprus Property Market is booming
Running a Business in Cyprus
Paphos and Akamas Peninsula
Lawyers in Cyprus
Starting a Business in Cyprus
All property news from Cyprus
Subscribe to our RSS Feed
Fill out a requirements form and our experts will help you find a great selection of properties for sale in Cyprus.
Help me find property in Cyprus
Considering a property purchase in Cyprus or need to transfer currency to/from Cyprus?
Save Thousands in Currency Transfers
When considering a buying property in Cyprus, you are well advised to get expert mortgage advice from a mortgage broker.
Get a mortgage quote in Cyprus
Owners Direct is one of the UK's leading direct from owner rental websites and the first choice for holiday home owners who want a cost effective and easy way to fully book their properties.
Find out more
If you own or are about to purchase property in Cyprus, you get an insurance quote using our online insurance quote form.
Get Insurance in Cyprus
Do you have your British assets covered by a will?
Do you have your movable foreign assets covered by a will?
Have you made plans to protect your family in the event of your death?
Get more information on Wills
Everything you need to know about transferring your UK Pension is in our downloadable guide.
Get more information on Pensions
Subscribe to our newsletter and keep up to date with the latest and best investment opportunities around the world!