Paphos is one of the most beautiful cities in Cyprus. Its southern part is a real tourist paradise.
A lot of entertainment, attractions and developed infrastructure makes this truly protected place very comfortable for recreation and permanent residence.
It should be noted that the cultural capital of Cyprus has changed a lot in recent years. New parks, squares, pedestrian squares in the center have been restored and opened, modern high-rises have appeared, and new life has been breathed into historical buildings and museums.
In the old town of Paphos there are a lot of entertainment facilities. During the day these are cozy cafes, and at night incendiary DJ bars, where you can have a delicious dinner and even dance.
The city is designed for lovers of open space, ancient history and outdoor activities. There are landmarks from different eras, stylish modern benches everywhere, and plenty of parking spaces for cars and bicycles.
In the city center, construction work is still going on in some places.
Street artists in their own way try to beautify the structures that have not had time to be repaired.
Modern, vibrant buildings harmonize with the urban landscape.
And that's not all!
The construction of the central bus station in Paphos is currently being completed. In May 2022, news broke about the authorization for the construction of a new School of Tourism, Hospitality and Entrepreneurship of the Technological University of Cyprus (TEPAC), and in June about the authorization for the construction of a branch of the famous American University of Beirut. The city of English pensioners, which it was considered to be just 5 years ago, today can be confidently called an international city of youth. The boundaries of seasonality have been erased. At any time of the year there is a buzz of life here.
Paphos rental overview
Renting an apartment in Paphos today is not cheap. There are fewer and fewer economical options, but with the improvement of infrastructure, the quality of life in the city has increased significantly. Consider the different types of apartments in the best locations. Most of the presented offers are still relevant today.
1-bedroom apartments for rent
Today you can rent a 1-bedroom apartment in Paphos at a price from 500 euros per month. Most often students and young couples are interested in such offers. The average price of one-bedroom apartments 700-800 euros.
For example, in the area of Peyia an apartment of 55 m2 with new furniture and all amenities, windows overlooking the sea and mountains, located in a closed complex will cost 800 euros. By the way, in the area will soon be updated promenade length of 2.5 km, but do not be afraid of construction, because such projects are always included in the list of priorities and are quickly completed.
In the area of Kato Paphos 1-bedroom apartment of 45 m2 of a similar type, with a communal pool and close to the sea, today costs 1.2 thousand euros per month. Within walking distance to Kings Avenue Mall, the promenade and the rich infrastructure of the city.
In the area of Aphrodite Hills stylish 1-bedroom apartment with a total area of 79 m2 for today will cost 1.5 thousand euros per month. With one exception, you need to pay 5 rents at once, not counting the deposit. All the infrastructure of the famous golf resort, including restaurants, high-class spa, golf school and much more, is available to future tenants.
2-bedroom apartments for rent
The minimum monthly rental price for a 2-bedroom apartment in Paphos today is 1 thousand euros. But there are exceptions. If you search well, you can find options and for 700-800 euros. Experts still recommend to focus on the market price and contact reliable specialized agencies with the appropriate license.
In a quiet closed residential complex in the Peyia district 2-bedroom apartment with a total area of 96 m2 costs 1.1 thousand euros per month. Fortunately, no one charges extra for the fantastic Paphos sunsets.
There are unique offers in the city in houses under construction. For example, a new 2-bedroom apartment of 89 m2 in the Pano Paphos neighborhood will be ready for delivery next March. You can book and make a deposit today. The apartment promises to be equipped with everything you need for a comfortable life. The monthly fee will be 1.7 thousand euros per month. Can the price be raised afterwards? They can, after the expiry of the contract, in which you will be sure to spell out all the details, including the procedure for raising the price.
In famous golf resort Aphrodite Hills to rent a 2-bedroom apartment with an area of 98 m2 you need to expect costs 2 thousand euros on average. This time nothing is specified on the subject of the number of lump sum payments, but it is better to clarify this point at once with the manager. Recently in Cyprus, a trend is widely spreading, when the owners of the real estate insure themselves against tenants looking for a 2-3 month options at the price of long-term rent.
Furnished with all amenities 2-bedroom penthouse with an area of 120 m2 in a new building in Universal district will cost 3 thousand euros a month. The complex has a swimming pool and parking space. The apartment is also equipped with central heating and, of course, air conditioning, without which no house in Cyprus can do without.
3-4 bedroom apartments and houses for rent
The cost of spacious apartments after good renovation starts today from a thousand euros and more. Paphos houses and villas, usually, include good quality repairs, furniture, private pool, garden and overlook the sea or picturesque mountains. Let's look at a few current examples.
In the neighborhood Petridia 3-bedroom apartment with no furniture, occupying a whole floor of 95 m2, with a spacious veranda on the roof area of 98 m2, costs 900 euros per month. This is where you can really fantasize about how you will greet the enchanting sunsets on the roof! Complete freedom of choice for decor.
In the central district of Kato Paphos you can rent a 3-bedroom apartment for an average of 1.5 thousand euros. For example, at this price offer apartments in a gated complex with a shared pool or townhouse with a separate entrance in a gated complex and parking for two cars. Nearby shopping center, a large park with historical ruins and a new pedestrian bridge in a modern style.
The close proximity of archaeological areas and bold ultra-modern architecture is everywhere in the city.
In the out-of-the-way neighborhood of Tala, the monthly rent for a 3-bedroom house with a total area of 250 m2 will be 2.5 thousand euros. The property has a swimming pool, garage and barbecue area. The option is ideal for cat lovers, because this is where the main cat hotel of Cyprus is located.
In the tourist area of Chloraka a luxuriously furnished 3-bedroom villa of 225 m2 within walking distance from the sea costs 3.9 thousand euros per month.
In the area of Geroskipou, in a guarded complex you can rent a rent of a brand new 3-bedroom villa for 4.2 thousand euros per month. The villa is designed with the latest technology: heated floors, VRV system, fireplace, smart home control system, external, swimming pool, barbecue area, shower and a beautiful garden and a veranda overlooking the sea.
In the area of the beautiful Coral Bay beach, a 4-bedroom house of 250 m2, with a swimming pool and a large plot of land costs 4.5 thousand euros per month. It is a quiet place surrounded by banana plantations, located within walking distance from the sea. There are no neighbors, only silence and luxurious Paphos sunsets.
Banana plantations with tiny but very tasty Cypriot bananas are located in Paphos.
Commercial real estate for rent
The commercial construction sector is actively gaining momentum in Paphos. Thus, there are many new commercial areas for various purposes. At the same time, the cost of rent remains competitive and varies today from 9 to 20 euros per m2 per month.
In the very center of the tourist area, in the area of Kato Paphos, the premises with an area of 2,513 m2 is for rent at a price of 49.8 thousand euros per month. It would be perfect for a shopping center or ΙΤ-company.
Warehouse of 250 m2 in the industrial area of Agia Varvara, 50 m from the exit of the highway leading to the harbor of Limassol, are rented at a price of 900 euros per month. At the same price there are fully equipped offices of 95 m2 in the area of Pano Paphos. All utilities including electricity, water, internet and weekly cleaning are paid by the property owner. The office is fully equipped for work, with new air conditioners and all necessary working tools.
A ready premise for a restaurant in the tourist area of Geroskipou, 50 meters from the sea can be rented for 4,5 thousand euros per month. The offer includes a business license and all necessary equipment.
In addition, to get from Paphos to the financial center, the city of Limassol, you need to drive 67 km along the beautiful promenade, decorated with flowers, picturesque hills and mountains. Between the settlements there are also many cozy villages and attractions. And even if you drive along this winding road for the hundredth time, you will want to stop again at the observation deck and admire the scenery of Aphrodite's island.
For more information about all projects in Paphos, please contact the specialists of DOM, the number one real estate agency in Cyprus, by phone +357 26 030 205, or in person at 1st Apriliou Street 8, Aristo Center 8011, Paphos, Cyprus.
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