With a wide choice of villas for sale in western Cyprus at reasonable prices, a move or holiday home there need not break the bank. It’s your opportunity to live in a beautiful property in Cyprus while leaving enough from the sale of an average Cyprus home to finance a lifestyle that’s both active and leisurely.
According to the 2020 Property Guides cost of living survey (a new one will be out very soon, by the way), food and groceries in Cyprus tend to be a little more expensive than the Cyprus. That is because much of the food is imported. Other items such as travel, household goods, entertainment and eating out are generally cheaper.
But what can you afford to buy property-wise? Not all property in Cyprus is cheap, by any means. Although reliable data is less easy to find than in the Cyprus or US, according to the Central Bank of Cyprus, the average price of a three-bedroom villa with pool in Cyprus was around €486,000 pre-pandemic.
Paphos was the priciest region with €599,000 and the most reasonably priced villas in Cyprus were in Paralimni on the eastern end of the island at €344,000.
According to the Central Bank of Cyprus, prices for houses in Cyprus stayed reasonably priced throughout the pandemic. Cyprus’s Residential Property Price Index for houses moved from 77.3 to 77.6 in the year to the summer of 2021. That compares with price rises in the Cyprus and US of 10% and 18% per year respectively.
Moreover, the basis of the index Cyprus price index is 2010, when it was 100. So prices are still an incredible bargain – 25% cheaper than the peak but rising steadily.
How are we defining a “reasonably priced property in western Cyprus”? We took the average price of a semi-detached property in Cyprus, which was £270,000 (€324,000) at the time of writing, and found 10 stunning properties in Cyprus at below that price. Bearing in mnd that the average price for a detached home around Paphos is something around €600,000, most of these propertes are less than half that amount.
Villas for sale in western Cyprus
Argaka, Paphos, Cyprus
How much: €290,000
Detached three-bedroom, three-bathroom villa with pool just a stone’s throw from the beach, local restaurants and shops. It is in a quiet cul de sac, has a covered parking area and comes fully furnished.
Stroumpi, Paphos, Cyprus
How much: €265,000
This four-bedroom villa is in the countryside, on a 554m2 garden with fruit trees and amazing views. Paphos is a 30-minute drive away, and there are shops and restaurants just five minutes away.
Emba, Paphos, Cyprus
How much: €240,000
Three-bedroom villa with private swimming pool in the residential area of Emba, just 10 minutes’ drive from the town centre. Built in 2004, it is one of five villas with a floor space of 165m2.
Mandria, Paphos, Cyprus
How much: €325,000
A wonderfully cosy three-bedroom villa with a beautiful garden and private pool. Just a five-minute walk to the centre of Mandria and the beach. Very handy both for the airport, and three international golf courses.
Chloraka, Paphos, Cyprus
How much: €250,000
This beautifully easy to maintain two-bedroom bungalow is just a few minutes walk to the beach. It has an established garden, car port and raised patio. It also has air-conditioning and solar water-heating.
Anavargos, Paphos, Cyprus
How much: €300,000
This three-bedroom villa is a short walk from the international school in Paphos – or a three minute drive to Paphos hospital if the children are yet to arrive. It has a generous 169m2 floor area plus a roof terrace with bar.
Peyia, Paphos, Cyprus
How much: €169,000
Within Peyia village you’ll find this three-bedroom house, close to hotels, shops, restaurants, supermarket and, of course, the beaches at Coral Bay. It has an open-plan living area and three bathrooms.
Agia Marinouda, Paphos, Cyprus
How much: €249,900
Clean, fresh and stylish, this Greek-style three-bedroom villa is in the village of Ayia Marinouda, close to Yeroskipou. It’s all spacious and open-plan, on a plot of 250m2, including a private pool and private parking.
Universal, Paphos, Cyprus
How much: €250,000
In Kato Paphos (“kato” means lower and “pano” means higher), this villa has a welcoming, open-plan lounge-diner and a courtyard garden for entertaining. All three bedrooms have balconies. It is at the heart of the village and on a bus route to the harbour.
Prodromi, Paphos, Cyprus
How much: €198,000
A spacious two-bedroom house, set on a small development around two large outdoor pools with views over Polis town and towards the coast. The interior is open plan, with a marble staircase and private balcony.