If you are thinking of moving to Paphos or planning a holiday in sunny Cyprus, the question of renting is inevitable. But which is better: long term or short term rentals? Let's take a closer look at the legal nuances, the costs and the real prospects in 2025.
Short-term rentals: freedom of choice and the joys of tourism
Short-term rentals are the choice for those coming to Paphos for holidays or short business trips. This option offers maximum flexibility and is suitable for holidaymakers who want to live in comfort and enjoy the comforts of home.
Features of a short term rental:
- Rental period. Usually from a few days to a few weeks. Apartments and villas are rented out fully furnished and ready to move into.
- Amenities. These properties often have everything you need for a comfortable holiday, from air conditioning to kitchen utensils. Many even have swimming pools, terraces with sea views and Wi-Fi. And all of this is taken care of by the property owner or management company.
- Legal aspects. Rentals can be arranged through platforms such as Airbnb or Booking.com, or through agencies. Official documents are rarely required, which makes the process easier but less secure in terms of tenants' rights.
- Cost. In 2025, short-term rentals will remain in demand in Paphos. Prices vary according to the season: in summer, apartments cost between €70 and €150 per night, and villas between €250 and €500 per night. In winter, prices drop to 50-100 euros per night for apartments and 150-300 euros for villas.
- Who is it for? Tourists planning a short holiday or a stay of around 6 months, business travellers, those who like to change places and explore the island.
Long term rentals: stability and savings
If you are planning to stay in Paphos for several months or even years, long term rentals are the best option. Unlike short-term rentals, this format is more suitable for those who want to settle into local life.
Features of long term rentals:
- Rental period. From six months to a year, with an option to extend if both parties agree.
- Amenities. Often rented with basic furnishings or none at all, giving you the opportunity to furnish the property as you wish.
- Legal aspects. A written tenancy agreement is required. In this case the contract is registered with the Department of Tax Administration of Cyprus. This protects both parties. A deposit of one or two months' rent is usually required, sometimes more.
- Costs. Flats: from €500 to €800 per month or more in the centre and from €400 in the suburbs. Houses and villas from €1,200 to €2,500 and up, depending on the area and neighbourhood. According to recent data from Landbank Analytics, the affordable housing market has shrunk considerably.
- Who is it for? Families moving to Cyprus on a long-term basis, expats and remote workers, those wishing to avoid high seasonal rents.
Legal aspects of renting in 2025
The rental market in Cyprus in 2025 will be highly regulated. If you are planning to rent long term, make sure that
- The tenancy agreement is officially registered. A contract of up to 12 months is not considered long term and is regulated differently.
- The landlord is authorised to let the property (ask for proof).
- Utilities are clearly allocated (make this clear in the contract).
If you are renting on a short-term basis, make sure you check the property to avoid any unpleasant surprises. It is also important to make sure that the landlord is registered on the chosen platform (Airbnb, Booking, etc.).
Tips for choosing a rental
- Consider the purpose of your trip. For a holiday, choose a short-term rental; for a move, choose a long-term rental.
- Compare areas. The centre of Paphos is suitable for tourists, while areas like Peyia are for those who prefer peace and quiet.
- Use an agency. This will simplify the search for accommodation and the paperwork.
- Check the terms and conditions. Read the contract and check the extra charges (e.g. for cleaning and rubbish removal).
Short and long term rentals in Paphos in 2025 have their advantages and disadvantages. Tourists should opt for short-term options for flexibility and convenience, while those planning a longer stay should consider long-term rentals immediately for savings and stability. Whichever option you choose, remember that proper planning and knowledge of the legal aspects will make your stay in Cyprus as comfortable as possible.
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