Property investment in Paphos in 2024 continues to show steady growth, attracting both local and foreign investors.
According to the Central Bank of Cyprus, the city leads the way in terms of average annual residential property price growth of +18.5%. It also ranks first in terms of the volume of property sold to foreigners, which accounts for 35% of the total number of transactions.
Experts note that properties due for completion in 2026 are of particular interest to investors. Buying a property while it is still under construction allows you to get better prices and potentially higher returns in the future.
Here is a selection of 10 attractive properties in Paphos, Cyprus that could be a profitable investment. The properties are located in different areas of the town and are listed in ascending order of value.
1. One bedroom apartment in the Tomb of the Kings area
Just 450 metres from Venus Beach is this compact and cosy studio apartment. The total area is 46m2, of which 36m2 is living space. Located on the ground floor of a two-storey building, it has one bedroom, one bathroom and a bright living area.
The interior is up to date with underfloor heating, LG VRF air conditioning, panoramic windows with sea views and 3 metre high ceilings. The price includes a private storage room and a covered parking space with an electric car charger.
The gated complex offers a communal swimming pool, gym and easy access to all the infrastructure of the neighbourhood. The project, carried out by a developer with 40 years of experience, combines comfort and functionality, making this apartment an ideal choice for both personal residence and investment.
Scheduled for completion in August 2026, the apartment is currently priced at €185,000 plus VAT.
2. One-bedroom apartment in Universal district
A cosy one bedroom apartment of 46m2 is under construction in the quiet area of Universal, Paphos. The apartment is located on the ground floor of a three storey complex with only 6 apartments and a communal swimming pool, offering comfort and privacy. The windows offer sea and mountain views, creating a pleasant living atmosphere. The apartment has modern facilities such as air conditioning, furniture, storage room and lift. A covered parking area offers additional convenience for car owners. The complex is located 2.8 km from the sea, which can be reached in about 5 minutes by car. The completion of the construction is planned for October 2025, the readiness of the object at the moment is %. The cost of the apartment - 220 000 euros plus VAT. This option is ideal for those looking for modern accommodation in a quiet neighbourhood with easy access to the city infrastructure and beaches.
3. One-bedroom apartment in the Kissonerga area
A new development of modern 2-bedroom apartments has been completed in the picturesque area of Kissonerga, Paphos. Each apartment has a spacious private roof terrace with panoramic sea and mountain views, creating the perfect setting to relax and enjoy nature. The interior space of 79m2 has been thoughtfully designed with high quality finishes, modern kitchens and cosy bedrooms. The complex consists of only 8 apartments, offering residents privacy and tranquillity. Covered verandas and a car park with electric car charging facilities add to the convenience of everyday life.
The price includes VRV air-conditioning in the living room and kitchen, inverter air-conditioning in the bedrooms, intercom and video surveillance for comfort and security. There is also a spacious 82m² roof garden with barbecue, shower and toilet, ideal for entertaining friends and family. The complex is located in an area with developed infrastructure, close to various amenities and only 2 km from the sea, making it attractive for both permanent residence and holidays. The price of the apartment is 260 thousand euros plus VAT. This option combines modern construction technologies, environmentally friendly materials and a convenient location, offering a comfortable life on the Mediterranean.
4. Two-bedroom apartment in Konya
A spacious 2-bedroom apartment in the Konya area of Paphos, ideal for family living. With a total area of 115m2 and two bathrooms, it offers comfort and modern conveniences in a cosy atmosphere.
The apartment is located in a new complex surrounded by greenery, which creates a sense of privacy and closeness to nature. Spacious covered verandas allow you to enjoy beautiful mountain views. The price includes a covered parking space and a storage room.
The construction uses ecological materials and modern technologies that meet the high energy efficiency class A. The complex is located in a family neighbourhood, popular with locals, with a developed infrastructure.
The readiness of the project is at 80% and the completion is scheduled for March 2025. The distance to the sea is 6 km, which makes this option suitable for those who appreciate a quiet life away from the tourist noise. The price of the apartment is 260 000 euros plus VAT.
5. One-bedroom apartment in Anavargos area
In the Anavargos area of Paphos, the last 2-bedroom apartment in a new development is for sale. Spacious and modern, it is ideal for family living or rental. The total area is 94m2 of which 76m2 is living space.
The apartment is on the ground floor of a three storey building. The large covered balcony with barbecue area is a great place to relax. The interior is finished with imported ceramic tiles, marble and branded sanitary ware. The kitchen is custom-built and the building's energy-saving features ensure comfort and economy.
The complex is located in a residential area with a developed infrastructure: schools, hospital, supermarkets and shops are nearby. Easy access to the motorway and the centre of Paphos makes it a convenient place to live. To the sea - 4,3 km. The readiness of the property is 20% and the completion is scheduled for December 2025. The price of the apartment is 280 000 euros plus VAT. This is a great option for those looking for comfortable accommodation in a quiet area with good investment opportunities.
6. One-bedroom apartment in Universal
A modern one-bedroom apartment of 96m2 with high ceilings, VRF air conditioning and underfloor heating is available in the prestigious Universal area of Paphos, offering comfort in all seasons. The spacious living room is combined with the kitchen to create a cosy living space, while each of the two bedrooms has its own bathroom for maximum convenience. The apartment also has a covered parking space and a storage room. Located on the third floor of a three-storey building, just 1,570 metres from the sea, it is ideal for those who appreciate proximity to the coast and developed infrastructure. Scheduled for completion in May 2026, the price is 370,000 euros plus VAT. This apartment will be an excellent choice for comfortable living in one of the best areas of Paphos.
7. One-bedroom apartment in the Tomb of the Kings area
A brand new one-bedroom apartment of 89m2 is available in the Tomb of the Kings area of Paphos.
with sea views. The apartment benefits from energy-efficient windows, a fitted kitchen and high-quality cupboards, underfloor heating and a concealed VRV air conditioning system. For security, there is an alarm system, an intercom and a gate with an electric car charger. The gated complex has a communal swimming pool, children's playground and covered parking. The distance to the sea is 800 metres. Completion is scheduled for April 2025. The price is 410 000 euros plus VAT.
8. Three-bedroom villa in Geroskipou area
A stylish three-bedroom villa in the Geroskipou area of Paphos, part of a new development of 12 luxury homes. The villa has a contemporary architectural style and is attractively designed with a well thought out layout. The bright, spacious rooms are complemented by high ceilings (3.1 metres) and panoramic windows that allow for maximum natural light. Each floor has underfloor heating and a VRV cooling system for a comfortable climate. The villa has been fitted with high performance thermal and insulation materials to ensure A-rated energy efficiency. Private parking for two cars, electric gates, electric car charger and a security system with CCTV and alarm system add to the convenience and peace of mind.
A barbecue area, landscaped garden and outdoor seating are provided for entertaining. Features include kitchen appliances, photovoltaic system, utility rooms and storage areas.
The villa has an area of 242 m2 and the plot measures 306 m2. The distance to the sea is only 2 kilometres. The construction will be finished in 2026. The price is 515 000 euros plus VAT.
This house will be an excellent choice for those who appreciate modern comfort, functionality and style.
9. Three-bedroom villa in the Tomb of the Kings area
Located in the Tomb of the Kings area, just 450 metres from Venus Beach, this is a modern 3-bedroom villa. This project features stylish design, quality materials and thoughtful layout, creating a comfortable living or investment environment.
The 137m2 villa is set on a 190m² plot and comprises three bedrooms, three bathrooms and spacious living areas. High ceilings (3 metres) and panoramic windows flood the house with natural light and offer beautiful sea views. The price includes underfloor heating and LG VRF air conditioning.
The gated complex also offers a communal swimming pool, gym and covered parking with electric car chargers. Private storage rooms are provided for the convenience of residents. Designed by a developer with 40 years of experience, the project includes five townhouses, several apartments and studios. Completion is scheduled for August 2026.
The price of the villa is 530 thousand euros plus VAT. This property combines comfort and proximity to the sea, making it an attractive choice for living and investment.
10. Three-bedroom villa in Geroskipou area
Just 150 metres from the sandy beach of Geroskipou, Paphos. A modern 3-bedroom villa of 224m2 with a garden of 307m2 is being built, perfectly combining Mediterranean style and comfort. Spacious rooms with high ceilings (from 3 metres), panoramic windows offering spectacular sea views and finishes in natural stone, granite and wood create a cosy atmosphere. Water-heated floors and LG's VRF air conditioning system will ensure comfort in all seasons. Completion is scheduled for December 2026 and the price is 970,000 euros plus VAT. This house will be ideal for those who appreciate proximity to the sea and a high quality of life.
These property options offer variety in terms of location, size and value, allowing you to choose the best property for investment in Paphos.
When choosing a property to invest in, it is advisable to consider not only the price and location, but also the prospects for capital growth and potential rental income. With its rich history, developed infrastructure and high quality of life, Paphos remains one of the most attractive cities in Cyprus for property investment.
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