Flats in Paphos:
apartment, penthouse or studio?
An apartment in Paphos is almost always part of a development with a communal pool, gardens and management. That makes it lower-maintenance than a house and practical if you are only here part of the time: you lock up and travel, and the development looks after the pool and gardens. Looking more widely? Our overview of property for sale in Paphos shows everything on offer; for more space and a garden of your own, see houses and villas in Paphos.
Apartment
The most common type of flat in Paphos, usually with one to three bedrooms and a balcony or terrace. Ideal as a holiday home, for retirement or as a first purchase. See our two-bedroom apartments for sale in Paphos.
Penthouse
An apartment on the top floor, often with a large roof terrace and wide views. More privacy and outdoor space than a standard apartment – and priced accordingly.
Studio
A combined living and sleeping area, with a kitchen and bathroom. An affordable entry point, especially for short stays and holiday use.
Good to know
In Cyprus, apartments are described by the number of bedrooms. A one-bedroom apartment has one bedroom plus a living room with an open-plan kitchen.
How much does an apartment cost in Paphos?
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| Location | 1 bedroom | 2 bedrooms | 3 bedrooms |
|---|---|---|---|
| Paphos district | €165k–325k | €255k–525k | €330k–1.0m |
| Kato Paphos & Universal | €170k–310k | €260k–535k | €375k–1.16m |
| Chloraka | €195k–295k | €260k–470k | €320k–555k |
| Geroskipou | €165k–285k | €255k–450k | €330k–650k |
| Kissonerga | €225k–295k | €325k–540k | Rarely available |
| Peyia | €135k–295k | €170k–350k | Rarely available |
| Tala | Rarely available | €200k–350k | Rarely available |
| Aphrodite Hills | Rarely available | €415k–575k | Rarely available |
| Polis & Latchi | €160k–180k | €215k–300k | Rarely available |
Asking prices (Bazaraki, October 2026) – middle 80% of listings, apartments only, rounded (k = thousand, m = million). “Rarely available” = fewer than ten properties of this type currently on the market in this location. Around 80% of apartment listings are new builds, usually quoted excluding VAT. Studios in the Paphos district start from about €135k. Resales only, Paphos district: 1 bedroom €110k–275k · 2 bedrooms €190k–415k · 3 bedrooms €250k–795k. Location, floor, sea views, the age of the building and the condition of the development can make a big difference to prices.
Popular locations for
apartments in Paphos
The harbour, the promenade and the beach, all within walking distance. This is where most of the apartments are – sought after for holidays and letting, and priced accordingly. See property for sale in Kato Paphos and Universal.
Quieter, close to town and popular with permanent residents. Many well-kept developments with a pool, some with sea views. See property for sale in Chloraka.
Practical for everyday life, with supermarkets, schools and the beach nearby – and lower prices. A good starting point for first-time buyers.
Urban, with everything close at hand, mostly older buildings and good prices – suits anyone who would rather manage without a car.
To find out how daily life differs from one location to the next, see our overview of property in Paphos.
What to check in an apartment development
When you buy an apartment, you are buying not just the flat itself but a share in the development. Check these points before you buy:
- Communal charges: from under €100 to over €300 a month, depending on the development – covering the pool, gardens, cleaning, lighting and management. Ask to see the latest statement.
- Management and condition: who runs the development, is there a reserve fund for repairs, and how well kept are the pool and shared areas?
- Title deed: in newer developments, individual title deeds have often not been issued yet. Your lawyer will check how far the process has got.
- Letting rules: some developments restrict short-term letting. If you plan to let, check this first.
- Parking, lift and floor: particularly important for upper-floor apartments and for retired buyers.
New build or resale?
Buying new or resale mainly affects the costs, the condition of the development and the paperwork.
New build
Modern layouts, better insulation and new fittings. Buying from a developer attracts VAT.
If it will be your main residence, you can apply for the reduced 5% rate on the first 130 m² and the first €350,000, provided the apartment is no larger than 190 m² and costs no more than €475,000 in total – most apartments fall within these limits.
With off-plan projects, have the developer’s track record and the completion date checked carefully.
Resale
Ready to move into, and you can see the development and the neighbourhood beforehand. Resales usually attract no VAT; instead, a Land Registry transfer fee applies – halved by law where no VAT is payable. With older apartments, allow for possible renovation costs.
Holiday home, letting or both?
Many buyers spend part of the year in their Paphos apartment and let it out for the rest. If you let it out long term, asking rents for apartments in the Paphos district are around €850–2,400 a month for one or two bedrooms (median €1,300) and around €1,200–4,500 for three or four bedrooms, depending on location, specification and furnishing (Bazaraki, October 2026).
We will give you an honest view of whether a particular property will let, and at what rent – but we do not promise returns. Would you rather rent first and get to know Paphos? See our current properties for rent in Paphos.
Costs of buying an apartment
On top of the purchase price, you pay VAT on a new build or a reduced transfer fee on a resale, plus legal fees in either case (typically around 1% or a fixed fee, plus VAT). Stamp duty has been abolished for contracts signed from 1 January 2026. The agency commission is normally paid by the seller. Your contract of sale must be lodged with the Land Registry within six months of signing. For a breakdown tailored to a specific apartment, get in touch.
FAQ
Frequently asked questions about buying an apartment in Paphos
How much does an apartment in Paphos cost?
Asking prices are typically around €165,000–325,000 for a one-bedroom apartment and €255,000–525,000 for two bedrooms; resales start lower (one bedroom from about €110,000, two bedrooms from about €190,000). Prices are highest in Aphrodite Hills, Kissonerga and Kato Paphos/Universal, and lower in Peyia, Tala and Polis.
How much are the monthly communal charges?
Usually anything from under €100 to over €300 a month, depending on the size of the development, the pool, whether there is a lift, and the management. Ask to see the latest statement before you buy.
Can I use my apartment as a holiday let?
In principle, yes – but some developments restrict short-term letting. Check the development’s rules before you buy, and take advice on registration and tax.
Why do many apartments in Cyprus have no hallway?
Many buyers from northern Europe notice this at their first viewing: you often step straight into the living room or an open-plan kitchen and living area. Open-plan kitchens are very common in Cyprus and typical of Mediterranean homes. It is not a defect, just a difference worth knowing about. If you would prefer a different layout, tell us in your brief.
Do new apartments come with a title deed?
Not always. In newer developments, individual title deeds are often issued later. Your lawyer will check the status and, in the meantime, protect your purchase by lodging the contract of sale with the Land Registry.
Is an apartment in Paphos suitable as a holiday home?
Yes – especially in Kato Paphos, Chloraka and Peyia, close to the sea. In a managed development, the upkeep is taken care of while you are away.