Cyprus is not only a popular tourist destination, but also a great place to buy a vacation home.
Especially attractive are the small villages of the island, where you can find affordable accommodation while enjoying the beauty and tranquility of the local nature. Let's look at the top 5 most affordable options for buying a holiday cottage in the Cypriot countryside.
Paphos and its surroundings
Paphos is a famous city in the west of Cyprus and its surroundings offer many properties for purchase. It is also known as the cradle of European culture for its many attractions and rich cultural life. Villages in the area such as Polis, Peyia, and Latchi are known for their picturesque landscapes, breathtaking sunsets, and proximity to the sea. The average cost of villas in these areas remains very attractive - 300 000 euros, and starts from about 150 000 euros. In addition, by investing in real estate, you can get into the program of accelerated residence permit. We are talking about projects costing 300,000 euros and above, excluding taxes.
The most affordable option for today is estimated at 130 000 euros (+ VAT) - a new 3-bedroom house with a total area of 140 m2 with a plot of 690 m2, located in the picturesque village of Lysos. The uniqueness of the project is that future buyers have the opportunity to develop their own design of the garden, surrounding area, and elements of finishing.
In the village of Peyia for 135 000 euros you can buy a 2-bedroom maisonette built in 2009 with a total area of 106 m2. The property is part of a residential complex consisting of 14 separate residences connected by a common recreation area with a garden and swimming pool.
Traditional villages of Troodos
The Troodos mountain range is popular for its traditional Cypriot villages. Places like Omodos or Kakopetria offer cozy traditional-style cottages at affordable prices. These villages are ideal for those seeking privacy and contact with nature. The region is famous among the locals, and many of them also do not mind having a cozy summer house and spending the hot summer months here. In the winter, Troodos is not only a place to see real snow, but also to go skiing if the weather is lucky.
Larnaca and its surroundings
Cyprus' air gateway, coastal Larnaca is another great area to find an affordable holiday cottage. The villages around Larnaca, such as Mazotos or Anaphotira, offer affordable accommodation. Here you will find the tranquility of the countryside while being close to city conveniences.
The cheapest option today will cost just 70,000 euros. It is a two-storey 3-bedroom house with panoramic views of nature, which however requires a thorough renovation.
In Oroklini, very close to the center of Larnaca, there are also popular language schools, stores, restaurants, and the airport. Here the most affordable option for today is estimated at 149 thousand euros. It is a 2-bedroom maisonette with a total area of 120 m2 and a plot of 150 m2, just 2 km from the coast.
Villages in the Free areas of Famagusta
This picturesque and tranquil region in the south-east of Cyprus is famous for its azure waters, golden sands, and traditional lifestyle. Villas here offer a unique combination of privacy and nature's beauty. Although more remote from major cities and financial centers, this region is ideal for those who are looking for tranquility and seclusion.
Currently, the most affordable offer is in the Kapparis area - a 2-bedroom house with a total area of 100 m2 and a small private garden is priced at 130,000 euros.
A new 3-bedroom house in the village of Avgorou with a total area of 167 m2 and a plot of 166 m2 is estimated at 221 500 euros (+ VAT).
Limassol and its surroundings
Limassol is not only a major city, but it is also the financial and business center of the island of Aphrodite with the most active rhythm of life and Mediterranean flair. In the vicinity of Limassol, there are also many picturesque villages.
Villages such as central Germasogeia, which features a eucalyptus park, or Pissouri, adorned with cliffs, hills, and narrow traditional streets (more attributed to Paphos), offer affordable accommodation while combining proximity to urban conveniences and the sea.
The most affordable option is estimated at 200,000 euros. Quite unusual 3-bedroom house 120 m2 in the village of Kalo Chorio, made of stone and wooden elements. The house is surrounded by untouched nature, the air here is always fresh and filled with subtle aromas of the forest.
In the same area 3-bedroom villa in traditional style for 200 thousand euros, which has a high energy efficiency class, which means that at any time of year at the cottage will be warm and cozy.
And perhaps what should be on the top of this list is a traditional 3-bedroom house with a large courtyard garden and mountain views, located in the village of Ayios Therapon. The total area of the building is 120 m2 and the plot is 280 m2. Its price is set at 180 000 euros. As experts say, this is not only a great summer house, but it is a profitable investment. Such houses are worth their weight in gold when it comes to short-term rentals.
In the city center, such options can also be found, but they will cost several times more, given the recent trends in the real estate market.
Choosing a holiday home in Cyprus in one of its many villages is an opportunity to enjoy the beauty of the island while avoiding the hustle and bustle of major resort towns. Depending on your preferences, be it close to the mountainous, the sea or local traditions.
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