Property in Cyprus
Cyprus combines EU membership, a year-round Mediterranean climate and one of the most straightforward property purchase processes in Europe. Foreign buyers can own real estate in Cyprus outright: EU citizens buy without restrictions, while non-EU citizens need only a routine approval from the Council of Ministers for their property.
The most popular locations for buying apartments and villas in Cyprus are Limassol with its business hub and marina, Paphos with its resort lifestyle and large expat community, and Larnaca, which offers strong value close to an international airport. New-build complexes by the sea dominate the market, and many developers offer staged payment plans.
Buying property in Cyprus can also open the door to residency: the permanent residency programme for non-EU investors is linked to purchasing new residential property above a set threshold, with applications typically processed within months.
Top properties in Cyprus
Trinity Residences - V02
- Venus Rock, Cyprus
- Villa · 171 m² · 3 bedrooms
Pelagos Beachfront Villas - Villa No. 5 (AKTI B)
- Paphos City, Cyprus
- Villa · 175 m² · 3 bedrooms
Pelagos Beachfront Villas - Villa No. 3A (AKTI B)
- Paphos City, Cyprus
- Villa · 175 m² · 3 bedrooms
Pelagos Beachfront Villas - Villa No. 3 (AKTI B)
- Paphos City, Cyprus
- Villa · 166 m² · 3 bedrooms
Pelagos Beachfront Villas - Villa No. 2 (AKTI B)
- Paphos City, Cyprus
- Villa · 175 m² · 3 bedrooms
Pelagos Beachfront Villas - Villa No. 1 (AKTI B)
- Paphos City, Cyprus
- Villa · 166 m² · 3 bedrooms
Pelagos Beachfront Villas - Villa No. 3A (AKTI A)
- Paphos City, Cyprus
- Villa · 184 m² · 3 bedrooms
Pelagos Beachfront Villas - Villa No. 3 (AKTI A)
- Paphos City, Cyprus
- Villa · 164 m² · 3 bedrooms
Frequently asked questions
Can foreigners buy property in Cyprus?+
Yes. EU citizens buy without restrictions. Non-EU buyers can freely purchase one property — an apartment, a house or land up to about 4,000 m² — subject to a formality: approval by the Council of Ministers, which is granted as a matter of routine.
How do I get residency in Cyprus by buying property?+
Cyprus offers a permanent residency route for non-EU nationals who purchase new residential real estate above the programme threshold and show stable foreign income. The permit covers the whole family and does not require living in Cyprus permanently.
What taxes do I pay when buying property in Cyprus?+
New properties are subject to VAT, with a reduced rate available for a primary residence, while resale properties pay transfer fees instead. Annual property taxes in Cyprus are among the lowest in the EU, with no national immovable property tax.
Where is the best place to buy property in Cyprus?+
Limassol suits buyers looking for a city lifestyle and strong rental demand; Paphos is the leading resort choice with a large international community; Larnaca offers attractive prices near an airport; Ayia Napa and Protaras are popular for holiday homes by the sea.
Is property in Cyprus a good investment?+
Cyprus attracts investors with steady tourist demand, a growing international business presence and rental yields that compare well within the EU. Popular coastal locations show consistent long-term demand for both short-term and long-term rentals.