Rental Costs

How much does renting cost in Cyprus?

Property rental costs vary considerably with the size (number of-bedrooms) and quality of a property, its age and the facilities provided, and the length of the rental period (see below).

However, the most significant factor affecting rents is the location. Average prices for short- and long-term rentals in the main areas of Cyprus are given below.

Short-term Rentals

There are virtually no short-term rental properties in Nicosia. The prices quoted below are weekly.

• Larnaca – A two-bedroom house can be rented for around €470, a four-bedroom villa for between €900 and €1800 per week.

• Limassol – In Limassol city, a two-bedroom apartment costs around €640 and a luxury four-bedroom house €1700. In Pissouri Bay and village, a two-bedroom villa costs € 1100, a three-bedroom villa €1400.

• Paphos – A two-bedroom apartment costs around €680, a three-bedroom house €930 and a large villa from €1300.

Long-term Rentals

The prices quoted below are monthly.

• Larnaca – A one- or two-bedroom apartment costs around €430, a townhouse around €520 and a larger detached house around €850.

• Limassol – Prices are slightly higher than in Larnaca, a one- or two-bedroom apartment costing around €460, a townhouse around €600 and a larger house between €850 and €1100.

• Nicosia – Property in the capital is more expensive than in Limassol, a one- or two-bedroom apartment costing around €600, a larger apartment or townhouse around €700 and a large or detached house around €1200.

• Paphos – Apartments in cost around €460, townhouses around €600 and larger houses or villas around €850.

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Also in this section

• Introduction: An introduction to the rental market in Cyprus
• Rental Costs: How much does renting cost in Cyprus?
• Home exchange: Another housing alternative