Paphos has become the new cosmopolitan region in Cyprus

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Posted by Edward Keifer on 10 January 2019
Paphos the new Cyprus cosmopolitan region - the overseas investor

Paphos - Cosmopolitan Region

The beautiful and picturesque Paphos has become the new cosmopolitan region in Cyprus and once again becoming the attraction for the majority of European and Non-European buyers and entrepreneurs. The historic town of Paphos and the entire natural province is the safest and most secure area on the island for the whole family.

Paphos is also leading the pack regarding the most popular region for overseas buyers. For the period January to October 2018 achieving 39.6% of the market in comparison to Limassol with 30.1%, Larnaca with 15.9%, Famagusta 9.2% and Nicosia achieving just 5.2%.

During this same period, 2018 property contracts were deposited by overseas buyers with 1293 by EU nationals and 2724 by non-EU nationals making the total property sales of 4017. Contracts deposited at the Land Registry office has risen 17% compared to the same period in 2017.

Paphos is proving to be the most elite of the new trendy Cities in Cyprus and has become an increasingly attractive destination.

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