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    Properties for sale in Cyprus

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    FAQs about Cyprus property

    Is buying property in Cyprus a good investment?

    Yes, buying property in Cyprus is a wise investment. It offers stable growth and rental yields of 4-6%. The market protects against inflation and has favourable tax laws, including no property or inheritance tax. A €300,000 investment also opens a path to permanent residency for foreign nationals.

    Can foreigners buy real estate in Cyprus?

    Yes, with permission from the Council of Ministers. This is a simple procedure, done by submitting Form Comm. 145 to the District Officer in whose district the property is situated.

    The land, house, apartment or building must not be larger than necessary for the purpose you need. The land plot must be large enough for a residential home, with a maximum size of 4,014 sqm.

    The relevant law is The Immovable Property Acquisition (Aliens) Law, Cap. 109.

    What is the best property investment in Cyprus?

    Apartments are the best property investment in Cyprus. According to the RICS Cyprus Property Index for Q3 2025, apartments top sales and offer the highest yield among residential properties at 5.42%. Demand for both buying and renting remains high, especially for flats for sale in Limassol.

    How long does it take to buy a property in Cyprus?

    The process takes 1-2 months, depending on the circumstances and the property involved. If, for example, you need a mortgage or Council of Ministers approval and the property is still under construction or in the renovation process, it might take longer.

    Property prices in Cyprus

    Our site lists 1,542 properties for sale in Cyprus, with prices ranging between €111,000 and €33,000,000.
    As of February 2026, the median listing property price in Cyprus is €565,125.
    The median listing property price per square meter is €3,891.
    Limassol is the most expensive district in Cyprus, with a median listing property price of €675,000, while Larnaca claims the title of the most affordable area, with a median listing property price of €330,000.

    New construction prices

    There are 1,304 newly built homes for sale in Cyprus listed on DevelopersCyprus, and the range in price is between €118,000 and €33,000,000.
    As of February 2026, the median new development price in Cyprus is €530,000.

    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).

    All Cyprus banks offer mortgage deals with average rates of 3.78%. A stable source of income is necessary to get a mortgage.

    When buying property with a mortgage, there must be a life insurance contract and one for fire and earthquake insurance (i.e., insurance for the structure of the house or building).

    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 third quarter of 2025, rental values are increasing, with apartments leading the way 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 5.42% for apartments, 2.97% for houses, and 5.59% for offices (RICS Property Price Index 2025Q3).