Invest in Paphos: New Developments, Villas & Off-Plan Property (2026)

Yes. Non-EU nationals can buy property in Cyprus. The purchase requires approval from the relevant District Administration under the Acquisition of Immovable Property (Aliens) Law, Cap. 109 — there is no fee, and your lawyer files the application as part of the standard conveyancing process. Your signed contract is deposited with the Department of Lands and Surveys, which protects your purchase while the approval is processed. EU citizens are not subject to this requirement.

As of October 2026, the median pre-sale price across mainstream projects tracked by abuda is €275,000 for a 1-bedroom apartment and €430,000 for a 2-bedroom apartment, excluding VAT.

As of October 2026, the median mainstream new-build villa or townhouse across projects tracked by abuda is €3,650 per m² of total area, excluding VAT.

As of October 2026, the median mainstream new-build apartment in Paphos is €4,350 per m² of total area versus €4,650 per m² in Limassol, both excluding VAT — about 7% lower — on the same methodology.

Yields vary by location, unit size, property type, operating model and delivery date. Coastal properties and those near Kato Paphos may command higher short-term rental rates, but performance depends on occupancy, seasonality, management costs and licensing. Unit-level projections in the abuda portal are the developer's indicative figures and should be independently verified.

Paphos has an international airport and a long tourist season, so short-term letting is a common strategy. Occupancy is seasonal, and short-term lets in Cyprus are subject to registration and licensing rules, so returns depend on location, management costs and compliance.

Property transfer fees follow a statutory scale — 3% on the first €85,000, 5% from €85,001 to €170,000 and 8% above €170,000 — with a 50% reduction generally applied where fees are due, subject to statutory exceptions. No transfer fee is charged where VAT applies to the same property transaction. Stamp duty was abolished for agreements executed from 1 January 2026. Legal and due-diligence fees vary by adviser and transaction. Source: Cyprus Department of Lands and Surveys; Cyprus Ministry of Finance (2026 tax reform).

Cyprus "Golden Visa" / Permanent Residence by Investment refers to the Immigration Permit for Investors under Regulation 6(2). Under the residential property route, the investment must be in new residential property purchased as a first sale from a development company for at least €300,000 plus VAT. Many Paphos new-builds available through abuda fall within this price range, but eligibility depends on the applicant, the structure of the transaction and legal verification. Purchasing property alone does not grant permanent residence.