Property prices in Cyprus
Our site lists 1,780 properties for sale in Cyprus, with prices ranging between €72,000 and €33,000,000.
As of September 2026, the median listing property price in Cyprus is €580,000.
The median listing property price per square meter is €3,907.
Limassol is the most expensive district in Cyprus, with a median listing property price of €660,000, while Larnaca claims the title of the most affordable area, with a median listing property price of €335,000.
New construction prices
There are 1,544 newly built homes for sale in Cyprus listed on DevelopersCyprus, and the range in price is between €135,000 and €33,000,000.
As of September 2026, the median new development price in Cyprus is €544,000.
What are the purchasing costs in addition to the sale price?
The extra costs of buying property in Cyprus include the following taxes and fees:
- Transfer fees: 1.5% to 4% (applies only to resale properties),
- Stamp duty: €0 (abolished). Contracts signed on or after January 1, 2026 are exempt.
- VAT on property: 19% for new properties and reduced to 5% for first-time buyers/primary residence (applies only to new construction). VAT is mutually exclusive with the Transfer fees; if you pay VAT, you are exempt from Transfer fees.
- Legal fees: approximately 0.5-1% of the purchase price + VAT (recommended for due diligence).
Find your luxury home in Cyprus with our experts
Our dedicated team of real estate professionals, led by Chris Michael, is here to guide you. For those who are looking to buy a house in Cyprus with us, we provide the following:
- real estate prices from developers and owners
- collection of luxury listings, off-plan and investment properties for sale
- traditional Cyprus village houses in rural areas and mountains
- remote and on-site viewing of properties in Cypriot cities, villages, and resorts
- return on investment estimation for the chosen property
- assistance in preparing all necessary documentation, including sales contracts
- reduced VAT applications for newly built home buyers
- legal support and permanent residency by investment applications with fixed fees through our partner lawyers
- post-purchase support, rent-out opportunities, and property management
Contact our estate agents today to get assistance with your Cyprus property search.
Buying property in Cyprus for residency
In 2026, foreigners can buy a property and get Cyprus permanent residency if:
- The property is valued at least €300,000 plus VAT;
- The applicant has at least €50,000 in annual income from abroad.
- The applicant does not take up any paid work in the Republic.
Foreign nationals can acquire Cypriot citizenship after residing in Cyprus for 4 to 8 years, depending on their proficiency in Greek.
Investing in Cyprus property
According to the RICS Property Price Index for the fourth quarter of 2025, rental values are rising, with apartments leading among residential properties.
The surest bet for rental property investment in Cyprus is Limassol, with a rental yield of 6%. The second-best is Nicosia, with 5%, followed by Larnaca and Paphos, each with 4%.
Overall, the rental yield in Cyprus is 5.45% for apartments, 2.96% for houses, and 5.58% for offices (RICS Property Price Index 2025Q4).
