What is the cheapest property in Southern Cyprus?

The cheapest listing is Emerald Plots at €169,000, but that is land. The cheapest home is Blue Lagoon in Paphos at €195,000.

Can I get an EU passport by buying property in Cyprus?

No. The citizenship-by-investment programme was closed from 1 November 2020 and its underlying law was repealed with effect from 12 December 2025. Buying property can lead to a permanent residence permit under Regulation 6(2) from €300,000 plus VAT in a first-sale home, which is a residence status, not citizenship.

Can foreigners buy freely?

It depends on nationality. EU citizens buy on the same footing as Cypriots; citizens of non-EU states need permission from the District Administration under Chapter 109 before acquiring (see the EU membership section above). Proposals to tighten the rules were under discussion as of 3 September 2026.

Is this the same as Northern Cyprus?

No, and the difference is fundamental — legal framework, title registration and EU status all differ. See Northern Cyprus for that area.

Why is nearly everything in Paphos?

That is what the current listings cover — 33 of 35 in the Paphos district, with one each in Limassol and Nicosia and none in Larnaca, Ayia Napa or Protaras. This page does not represent the whole island.

Are these villas or apartments?

21 villas, 13 apartments, one plot. Apartments dominate below €300,000; everything above €750,000 is a villa.

What about the title-deed problem?

The Department of Lands and Surveys advises checking for mortgages and other encumbrances through a Search Certificate, confirming completion and registration status, and depositing the sale contract with the Department where issues are outstanding.

Was stamp duty abolished in Cyprus?

Yes. Law 239(I)/2025 repealed the Stamp Duty Laws with effect from 1 January 2026; documents signed from that date carry no stamp duty. Documents signed by even one party by 31 December 2025 remain subject to the old laws. Transfer fees at the Department of Lands and Surveys are a separate charge and still apply.

When does the 5% VAT rate apply?

To the first 130 m² of a new home used as the buyer's primary and permanent residence, within the €350,000 value, 190 m² area and €475,000 transaction caps, with a ten-year residence condition; the remainder is charged at 19%. A transitional 200 m² regime applies to older permit applications, extended to 31 December 2026.