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Get all the data you need about the real estate market in Paphos
Property prices in Paphos in 2026 are still moving up, but the market is very different from one area to another.
In this article, we look at current housing prices in Paphos, including apartments, villas, townhouses, new homes, resale homes, and neighborhood price ranges.
We constantly update this blog post so buyers can read fresh Paphos property price data without having to compare dozens of sources.
And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Paphos.
Insights
- The median housing price in Paphos in 2026 is about €385,000, which is more useful than the average because luxury villas push the average much higher.
- The average housing price in Paphos in 2026 is about €520,000, but many normal apartments and townhouses are far below that level.
- A practical apartment budget in Paphos in 2026 is usually €250,000 to €450,000, especially in Universal, Kato Paphos, Yeroskipou, and Chloraka.
- Paphos apartments have been rising faster than many other Cyprus property segments, helped by foreign buyers and limited attractive new stock.
- Most Paphos resale homes do not sell at the full asking price, and a normal discount is around 5% to 8%.
- The new-build premium in Paphos in 2026 is usually around 18% to 28%, mainly because of VAT, construction costs, and buyer preference for turnkey homes.
- Prime Paphos coastal homes can reach €4,800 to €7,000 per sqm, especially in Kato Paphos, Coral Bay, Sea Caves, and Aphrodite Hills.
- A buyer should usually add 7% to 10% above the purchase price for a simple resale property in Paphos, before any renovation work.
- At $200,000, Paphos still has a market, but the realistic choices are mostly older apartments, small resale homes, or inland properties.
What is the average housing price in Paphos in 2026?
The median housing price in Paphos is more useful than the average because Paphos has many normal apartments below €300,000 and also many villas above €1 million, which can pull the average upward.
We are writing this as of 2026, using the latest data we collected from official and specialist sources that we manually double checked.
As of June 2026, the median housing price in Paphos is about €385,000, which is about $445,000, and the average housing price in Paphos is about €520,000, which is about $601,000.
A realistic range covering about 80% of residential properties in the Paphos market in 2026 is €150,000 to €1,250,000, or about $173,000 to $1,444,000.
A realistic entry range in Paphos in 2026 is €135,000 to €230,000, or about $156,000 to $266,000, and this usually buys an existing 1-bedroom apartment of 45 to 60 sqm in Universal, Chloraka, Yeroskipou, or an older part of Paphos town.
A realistic luxury property range in Paphos in 2026 is €1,200,000 to €4,000,000, or about $1,386,000 to $4,621,000, and this usually buys a new or recent 3- to 5-bedroom villa in Coral Bay, Sea Caves, Aphrodite Hills, Tala hillside, or a prime coastal pocket near Kato Paphos or Kissonerga.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Paphos.
Are Paphos property listing prices close to the actual sale price in 2026?
In Paphos in 2026, we estimate that final sale prices are usually 5% to 8% below asking prices, with a central estimate of about 6%.
This gap exists because Paphos has many resale homes where buyers negotiate after legal checks, title-deed checks, inspections, and furniture discussions. The gap can be smaller for rare seafront homes and larger for overpriced villas, older inland homes, or properties that have been listed for a long time.
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What is the price per sq m or per sq ft for properties in Paphos in 2026?
As of June 2026, the median housing price per sqm in Paphos is about €3,150 per sqm, or $3,639 per sqm, and the median price per sqft is about €293 per sqft, or $338 per sqft. The average housing price per sqm in Paphos is about €3,450 per sqm, or $3,986 per sqm, and the average price per sqft is about €321 per sqft, or $370 per sqft.
The highest price per sqm in Paphos is usually found in small coastal apartments, seafront units, resort homes, and sea-view properties because buyers pay heavily for location, views, terraces, pools, and tourist demand.
In 2026, the highest Paphos price per sqm is usually in Kato Paphos, Coral Bay, Sea Caves, and Aphrodite Hills, where prime homes can reach about €4,800 to €7,000 per sqm. The lowest price per sqm is usually in Mesogi, Mesa Chorio, Anavargos, and older parts of Paphos town, where older homes and renovation properties often sit around €1,500 to €2,700 per sqm.
How have property prices evolved in Paphos?
Compared with June 2025, property prices in Paphos in June 2026 are up by about 6.5% in nominal terms and about 3.8% after inflation. The main reason is that foreign-buyer demand stayed strong while new construction remained expensive.
Compared with 2024, Paphos property prices in 2026 are likely up by about 12% to 15% in nominal terms. The increase came from the same forces, especially strong demand for apartments, villas in coastal areas, and resale homes that looked cheaper than new-build stock.
By the way, we’ve written a blog article detailing the latest updates on property price variations in Cyprus.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Paphos.
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How do prices vary by housing type in Paphos in 2026?
In Paphos in 2026, apartments make up about 52% of the active residential market, detached houses and villas about 25%, townhouses and maisonettes about 11%, semi-detached houses about 5%, resort or holiday units about 5%, and renovation or village homes about 2%, because apartments are the easiest product for foreign buyers, retirees, and small investors to buy and manage.
As of June 2026, apartments in Paphos average about €285,000, or $329,000, while detached houses and villas average about €850,000, or $982,000. Townhouses and maisonettes average about €360,000, or $416,000, semi-detached houses average about €475,000, or $549,000, resort or holiday units average about €620,000, or $716,000, and renovation or village homes average about €210,000, or $243,000.
If you want to know more, you should read our dedicated analyses:
- How much should you pay for a house in Paphos?
- How much should you pay for an apartment in Paphos?
- How much should you pay for a villa in Paphos?
- How much should you pay for lands in Paphos?
How do property prices compare between existing and new homes in Paphos in 2026?
In Paphos in 2026, new homes usually cost about 18% to 28% more than similar existing homes, with a central estimate near 22%.
This premium exists because new Paphos homes include higher construction costs, stronger energy standards, modern layouts, and sometimes VAT, while many foreign buyers also pay more for a property that feels simple and ready to use.
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How do property prices vary by neighborhood in Paphos in 2026?
Kato Paphos and Universal are popular with foreign buyers because the area is walkable and close to the harbor, restaurants, beaches, and short-term rental demand. In June 2026, normal apartments and townhouses in this part of Paphos often range from about €180,000 to €550,000, or $208,000 to $635,000, while prime seafront homes can cost much more.
Peyia and Coral Bay are more villa-driven and attract buyers who want beaches, outdoor space, and a well-known expat area. In June 2026, typical homes in this part of Paphos range from about €190,000 to €900,000 in Peyia, or $219,000 to $1,040,000, and from about €350,000 to €2,500,000 in Coral Bay, or $404,000 to $2,887,000.
Tala and Konia are quieter residential areas, with more family homes, hillside views, and larger plots than central Paphos. In June 2026, typical homes in Tala range from about €250,000 to €1,200,000, or $289,000 to $1,386,000, while Konia usually ranges from about €260,000 to €850,000, or $300,000 to $982,000.
You will find a much more detailed analysis by areas in our property pack about Paphos. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Paphos area | Market feel | Typical price range | Typical price per sqm | Typical price per sqft |
|---|---|---|---|---|
| Kato Paphos / Seafront | Tourist and prime | €350k to €1.5m / $404k to $1.73m | €4,300 to €6,500 / $4,967 to $7,509 | €400 to €604 / $462 to $698 |
| Universal | Expat and rental | €180k to €550k / $208k to $635k | €3,200 to €4,500 / $3,697 to $5,198 | €297 to €418 / $343 to $483 |
| Tombs of the Kings | Popular and coastal | €190k to €650k / $219k to $751k | €3,000 to €4,400 / $3,466 to $5,083 | €279 to €409 / $322 to $472 |
| Coral Bay | Beach and luxury | €350k to €2.5m / $404k to $2.89m | €3,700 to €5,800 / $4,274 to $6,700 | €344 to €539 / $397 to $622 |
| Sea Caves | Luxury villa | €850k to €4.0m / $982k to $4.62m | €4,000 to €6,800 / $4,621 to $7,855 | €372 to €632 / $429 to $730 |
| Peyia | Value and expat | €190k to €900k / $219k to $1.04m | €2,300 to €3,500 / $2,657 to $4,043 | €214 to €325 / $247 to $375 |
| Chloraka | Coastal value | €170k to €650k / $196k to $751k | €2,600 to €3,700 / $3,004 to $4,274 | €242 to €344 / $279 to $397 |
| Yeroskipou | Family and commute | €180k to €600k / $208k to $693k | €2,700 to €3,600 / $3,119 to $4,159 | €251 to €335 / $290 to $386 |
| Konia | Family and residential | €260k to €850k / $300k to $982k | €2,400 to €3,300 / $2,772 to $3,812 | €223 to €307 / $258 to $354 |
| Tala | Views and expat | €250k to €1.2m / $289k to $1.39m | €2,300 to €3,400 / $2,657 to $3,928 | €214 to €316 / $247 to $365 |
| Anavargos | Local and value | €150k to €500k / $173k to $578k | €2,000 to €2,900 / $2,310 to $3,350 | €186 to €269 / $215 to $311 |
| Mesogi / Mesa Chorio | Budget and inland | €120k to €450k / $139k to $520k | €1,800 to €2,700 / $2,079 to $3,119 | €167 to €251 / $193 to $290 |
How much more do you pay for properties in Paphos when you include renovation work, taxes, and fees?
In Paphos in 2026, a simple resale purchase usually costs about 7% to 10% above the price, a resale home with renovation can cost 15% to 25% more, and a new home bought with standard VAT can cost 21% to 24% more.
For a property bought around $200,000, or about €173,000, a Paphos buyer should often add about €15,000 to €35,000 for fees, furniture, checks, and small repairs, which brings the total to roughly €188,000 to €208,000, or $217,000 to $240,000.
For a property bought around $500,000, or about €433,000, a Paphos buyer should often add about €35,000 to €80,000 for normal resale costs and setup, which brings the total to roughly €468,000 to €513,000, or $541,000 to $593,000.
For a property bought around $1,000,000, or about €866,000, a Paphos buyer should often add about €75,000 to €180,000 depending on whether the home is resale, new, furnished, or renovated, which brings the total to roughly €941,000 to €1,046,000, or $1,087,000 to $1,208,000.
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Cyprus.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Paphos
| Extra cost | Type | Estimated cost range in Paphos |
|---|---|---|
| Legal fees | Fees | Usually about 1.0% to 1.5% of the property price. On a €300,000 home, that is about €3,000 to €4,500, or $3,500 to $5,200. Good legal checks matter in Paphos because title deeds, planning history, and VAT status can change the risk. |
| Land Registry transfer fees on resale | Taxes and fees | Often about 3% to 4% effective cost after common reductions, depending on the property value and structure of the purchase. On a €300,000 resale home, this can be around €9,000 to €12,000, or $10,400 to $13,900. This usually applies to resale homes, not normal new homes with VAT. |
| VAT on new property, standard case | Tax | The standard VAT rate on a new property is usually 19%. On a €400,000 new home, this can add about €76,000, or $87,800. This is why new Paphos apartments can feel much more expensive than similar resale homes. |
| VAT on eligible primary residence | Tax | Some buyers can qualify for a reduced 5% VAT rate on an eligible primary residence. The exact result depends on the property and the buyer’s situation. This can make a major difference for someone moving to Cyprus rather than buying a holiday or investment home. |
| Survey or valuation | Due diligence | A basic survey or valuation often costs about €400 to €1,200, or about $462 to $1,386. It is a small cost compared with the purchase price. It is useful for older homes, villas with pools, and properties needing renovation. |
| Furniture and appliances | Setup | Furniture and appliances often cost about €8,000 to €35,000, or about $9,000 to $40,000. Small apartments may be near the low end. Villas and rental-ready homes can need more for outdoor furniture, air conditioning, beds, kitchen items, and decoration. |
| Light renovation | Renovation | Light renovation often costs about €300 to €600 per sqm, or about $347 to $693 per sqm. This can cover painting, basic kitchen work, bathroom updates, air conditioning, and small repairs. It is common in older Paphos apartments and townhouses. |
| Full renovation | Renovation | A full renovation often costs about €700 to €1,200 per sqm, or about $809 to $1,386 per sqm. This is more likely for older villas, inland homes, or properties that need new systems. Buyers should be careful because renovation costs can rise quickly. |
| Pool repair and outdoor works | Renovation | Pool and outdoor works can cost about €5,000 to €40,000, or about $5,800 to $46,000. The range is wide because a simple repair is very different from resurfacing, new equipment, landscaping, or terrace work. This matters for Paphos villas. |
| Buyer agent or advisory service | Service | A buyer agent or advisory service can cost about 0% to 2% of the price. Some buyers do not use one, while others pay for help with search, negotiation, and checks. This can be useful for non-resident buyers who do not know Paphos well. |
We made this infographic to show you how property prices in Cyprus compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Paphos in 2026 with different budgets?
With $100,000, or about €86,600, there is not really a normal mainstream Paphos property market in June 2026, but you may find a very small 25 to 35 sqm older studio in Paphos old town, a small inland village home outside the core market, or a distressed small unit needing renovation.
With $200,000, or about €173,000, you can realistically look for an existing 45 to 55 sqm 1-bedroom apartment in Universal, an older 65 to 75 sqm 2-bedroom apartment in Chloraka or Anavargos, or a small older townhouse in Peyia away from the beach.
With $300,000, or about €260,000, you can look for a good resale 70 to 85 sqm 2-bedroom apartment in Kato Paphos or Universal, a new or nearly new 1- to 2-bedroom apartment in Yeroskipou, or an existing 90 to 110 sqm townhouse in Peyia or Tala.
With $500,000, or about €433,000, you can look for a new 85 to 100 sqm 2-bedroom apartment in Kato Paphos, Universal, or Yeroskipou, an existing 130 to 170 sqm 3-bedroom villa in Peyia, Tala, or Konia, or a strong resale townhouse near Coral Bay but usually not prime seafront.
With $1,000,000, or about €866,000, you can look for a 180 to 230 sqm 3-bedroom detached villa in Coral Bay or Peyia with a pool, a 120 to 160 sqm sea-view apartment or penthouse in Kato Paphos or Tombs of the Kings, or a good villa in Tala, Konia, or Chloraka with views and outdoor space.
With $2,000,000, or about €1,731,000, there is clearly a Paphos market, especially for luxury villas, and you can look for a 280 to 400 sqm 4- to 5-bedroom villa in Coral Bay or Sea Caves, a high-end Aphrodite Hills villa with resort amenities, or a large sea-view villa in Tala, Kissonerga, or another premium coastal or hillside pocket.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Cyprus.
What sources have we used to write this blog article?
Whether it’s in our blog articles or the market analyses included in our property pack about Paphos, we always rely on the strongest methodology we can … and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source and link | Why the source is useful | How we used the source |
|---|---|---|
| Central Bank of Cyprus, Residential Property Price Indices | The Central Bank of Cyprus is the country’s central bank and its residential indices are based on valuation data from independent surveyors. | We used this source to anchor the direction of residential prices in Cyprus. We also used it as a serious cross-check against listing prices, which can be too optimistic. |
| Central Bank of Cyprus, RPPI 2025 Q4 report | This report gives the latest full Central Bank residential price picture available before June 2026. | We used it to understand the price trend entering 2026. We then compared the national picture with CyStat and RICS/KPMG before estimating Paphos values. |
| Statistical Service of Cyprus, House Price Index Q4 2025 | CyStat is the official statistics agency of Cyprus. | We used this source as the official national benchmark for annual residential price growth. We used it to keep the Paphos estimate realistic and not driven only by property listings. |
| Statistical Service of Cyprus, Consumer Price Index April 2026 | This is the official inflation source for Cyprus. | We used it to estimate inflation-adjusted property price growth. We used the inflation context to explain the difference between nominal growth and real growth. |
| RICS Cyprus Property Index with KPMG, 2026 Q1 | RICS is a global valuation standards body, and the Cyprus index is produced with KPMG and local property professionals. | We used it to estimate Paphos-specific momentum by property type. We gave extra weight to its Q1 2026 signal that Paphos apartments were among the stronger segments. |
| KPMG Cyprus, RICS Cyprus Property Price Index press release Q1 2026 | KPMG publishes the official release for the RICS Cyprus index. | We used this source to confirm the readable summary of the Q1 2026 report. We also used it to explain why Paphos apartments needed a local adjustment. |
| Department of Lands and Surveys portal | DLS is the official land registry and transaction-registration authority in Cyprus. | We used DLS as the official base for transaction activity and buyer cost tools. We also used DLS-related reporting to understand foreign-buyer demand in Paphos. |
| DLS transfer-fee calculator | This is the official calculator for Cyprus land-registry transfer fees. | We used it to estimate buyer transaction costs on resale properties. We kept this separate from VAT because resale and new-build purchases work differently. |
| Gov.cy reduced 5% VAT certificate guidance | This is Cyprus government tax-service guidance for reduced VAT on primary residences. | We used it to explain why new homes can have very different final buyer costs. We also used it to separate primary-residence purchases from investment and holiday-home purchases. |
| ECB euro reference exchange rates | The ECB is the official euro-area reference-rate source. | We used a June 2026 working exchange-rate context of €1 = $1.155. We rounded all dollar conversions so the article stays easy to read. |
| Cyprus Property News, May 2026 DLS sales analysis | This specialist Cyprus property publication clearly cites Department of Lands and Surveys sales-contract data. | We used it as a secondary channel for DLS sales-contract data. We used it only to support the point that foreign demand remained especially strong in Paphos. |
| Numbeo Paphos property-price dataset | Numbeo is not official, but it gives a current city-level check on Paphos price-per-square-metre levels. | We used it only as a sanity check for city-centre and outside-centre price-per-sqm ranges. We did not use it as the main source for the final estimates. |
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