The Best Areas of Paphos for Investment and Living

Welcome to Paphos!

As specialists in creating luxury properties at Holy Island, we understand that choosing a location for your new home or investment is a significant decision. You need clear and detailed information. This guide provides our expert analysis of the best areas of Paphos for Europeans. Our goal is to help you make a confident choice.

Kato Paphos

Kato Paphos is the energetic centre of the city. It lies by the sea and includes the famous harbour, the archaeological park, and many restaurants.

Advantages:

  1. Excellent for rental income. This is one of the most investment-attractive areas of Paphos. Due to constant tourist flow, a two-bedroom apartment can achieve a rental yield of 5–8% per year. Demand for rentals peaks from April to November.
  2. Everything is walkable. You don’t need a car. Restaurants, shops, beaches, and historical sites are just a short walk away.
  3. Vibrant social life. If you enjoy having many options for entertainment, dining, and socialising, Kato Paphos is a perfect place for you.

We believe Kato Paphos is ideal for a pure investment property or a holiday home. If you want to be at the centre of all activity and generate rental income, this is your best choice. For permanent living, however, you should consider that it can be noisy during the summer.

Universal

The Universal area is located just behind Kato Paphos. It’s a modern, purpose-built residential district that is popular with both permanent residents and long-term renters.

Advantages:

  1. Central and convenient. You are minutes away from the city centre, the tourist area, shopping malls, and hospitals.
  2. Modern properties. Here you will find newer apartment blocks with high-quality amenities like large swimming pools, gyms, and landscaped gardens.
  3. Community. It has a large international community,  so it’s easy to meet new people.

Universal is a practical and comfortable choice for living and long-term rental. It offers a modern lifestyle with easy access to all of Paphos.

Peyia

Peyia is a large village that sits on the hills above Coral Bay. It’s a favourite among British and other European expats

Advantages:

  1. Breathtaking views. This is an area of Paphos with sea views for Europeans. Many properties have panoramic views of the coastline.
  2. Developed infrastructure. Peyia has a town hall, supermarkets, pharmacies, bars, and traditional tavernas.
  3. Close to the best beach. It’s only a 5-minute drive to Coral Bay, which is considered one of the best sandy beaches in the region.

Peyia combines the benefits of village life with modern amenities and fantastic views. The area is quite large and hilly, so a car is essential.

Tala

There is a good reason why Tala is our signature location. The village sits at a higher elevation than Peyia, which creates a unique microclimate that is cooler and less humid during the summer. Prestigious character and strong community make it one of the most quiet areas of Paphos for living.

Advantages:

  1. Beautiful views and climate. The elevation provides magnificent, protected sea views and a more comfortable climate during the summer.
  2. Authentic village square. Tala has a charming village square with traditional tavernas and cafes.
  3. Prestigious and high-quality living. Tala attracts residents who are looking for exclusivity and a higher standard of living.

This is why we at Holy Island chose Tala for our latest project, “Heart of Tala”. This project features technologically advanced and energy-efficient luxury homes. Our Holy Island location expertise confirms that Tala is one of the best areas of Paphos for Europeans seeking permanent residence.

Where to Buy Property in Paphos, EU

For EU citizens, the process of buying property in Paphos is simple and transparent. Here are the key steps:

  1. Select a house or an apartment.
  2. Appoint an independent local lawyer.
  3. Your lawyer will check the Sale Agreement, and you will sign it.
  4. The contract is registered at the Land Registry Office.
  5. When the property is complete, you receive the Title Deeds, the official document of ownership.

Paphos offers a lifestyle for every taste. Whether you want the energy of the coast, the convenience of a central location, or the serene luxury of a hillside village, you will find it here. Our analysis shows that the best areas of Paphos for Europeans depend on your personal goals.

Find your ideal location in Paphos. Get personalized recommendations from our experts.

Our Personalised Approach at Holy Island 

Many developers offer beautiful houses, but we do things differently. We offer you a personal journey to create a home that is unique to you. As a boutique developer in Paphos, our focus is on quality, not quantity. We build only a few custom home designs in Cyprus each year. This approach allows us to give you our full attention.

Your Dream, Our Process

How do we create your perfect home? We follow a simple, personal process that puts you at the center of everything. This is how we provide exceptional custom home design in Cyprus:

  1. The journey starts with a conversation. We meet with you to understand your lifestyle, needs, and dreams. Do you want to create the perfect custom home in Paphos? Do you love to entertain guests? Do you need a quiet office space? We listen carefully to every detail.
  2. Next, our experienced architects and designers work with you. We turn your ideas into a beautiful and practical design. This service includes personalised interior design in Cyprus. You get to choose the materials, colours, and finishes. We can add modern features, like smart home technology, to make your life easier. We can also include energy-efficient systems to lower your bills.
  3. Our team of skilled builders brings the design to life. We use only high-quality materials to ensure your home is beautiful and durable. You can also count on our excellent Holy Island customer service. We are always ready to answer your questions and provide updates on our progress.

The Advantages of a Personalised Home

Choosing a custom-built home gives you clear benefits.

  • It’s unique. Your home won’t look like your neighbor’s; it will perfectly match your style.
  • Quality control. You have full control over the quality of materials and construction.
  • A perfect fit. The layout is designed for your lifestyle — this is a key advantage of custom home design in Cyprus.
  • A smart investment. A unique, high-quality home is one of the best exclusive real estate solutions in Cyprus.

We believe that luxury is personal. It’s the freedom to create a space that brings you joy and comfort every day. Contact us to discuss your vision and get started on your custom home design in Cyprus.

How EU Citizens Can Buy Property in Cyprus

Do you dream of a sunny home on the Mediterranean coast? As an EU citizen, purchasing property in Cyprus is a straightforward process with unique advantages. In this guide Holy Island explainі the process of buying property in Cyprus for EU citizens simply.

Essential Document Checklist

To begin, you need to prepare some basic paperwork. For EU citizens, the list is minimal.  You will need:

  • A valid passport.
  • Proof of funds for the purchase.
  • A recent utility bill as proof of address (your lawyer may request this).

The Step-by-Step Process of Buying Property in Cyprus for EU Citizens

Step 1. Reserve Your Property

Once you have chosen a property, the first step is to secure it. You do this by signing a Reservation Agreement and paying a reservation fee, which is typically between €5,000 and €10,000.

This payment takes the property off the market, fixes the price, and gives you an exclusive period (usually 30-45 days) to arrange legal and financial matters. Your lawyer holds this fee in a secure client account, and it is later deducted from the final purchase price.

Step 2. Appoint an Independent Lawyer

Hiring an independent lawyer is a crucial step for receiving professional assistance in buying property in Cyprus. Ensure your lawyer has no connection to the seller or developer to avoid any conflict of interest.

Your lawyer will manage all legal aspects of property in Cyprus for EU citizens, including:

  • Conducting due diligence on the property.
  • Negotiating the terms of your contract.
  • Managing tax payments.
  • Lodging the contract with the Land Registry.
  • Representing you during the final title deed transfer.

Legal fees are usually between €2,000 and €5,000, or approximately 1% of the property’s value.

Step 3. Conduct Due Diligence

Before you sign a contract, your lawyer will conduct due diligence. The goal is to verify the property’s legal status and ensure it is free from problems.

The process depends on the property’s Title Deed status:

  • For Resales (with Title Deed). The lawyer checks the Land Registry Office to confirm the seller is the legal owner. They also check for any mortgages or liens. If the title is clear, the sale can proceed quickly.  
  • For New Builds (without Title Deed). Your lawyer checks with planning authorities to verify that the developer has all the necessary planning and building permits. This ensures the development is legal and that Title Deeds will be issued later.

Step 4. Sign and Stamp the Contract of Sale (CoS)

The Contract of Sale (CoS) is the main legal agreement. The seller’s lawyer usually drafts it. Your lawyer reviews and negotiates the terms to protect your interests. For new builds, this includes a payment schedule tied to construction progress. Contracts are almost always in English.  

After both parties sign the contract, you have 30 days to pay Stamp Duty. Once this tax is paid, the Tax Office applies an official stamp to the contract, which makes it a legally valid document.

Step 5. Lodge the Contract at the Land Registry

After the contract is stamped, your lawyer must lodge (officially submit) it with the District Land Registry Office. This must be completed within six months of signing. Lodging the contract officially registers your legal claim to the property. It prevents the seller from reselling or mortgaging it to anyone else.

Step 6. Make the Final Payment & Transfer the Title Deed

The final step of the process of buying property in Cyprus for EU citizens is transferring legal ownership. Once the property is ready and you have made all payments according to the contract, you pay the final balance.

You must also pay Property Transfer Fees at this point. An important exception is for new properties: if you already paid VAT on the purchase price, you are exempt from this fee.

To complete the transaction, you and the seller (or your lawyers) meet at the District Land Registry Office. The officer finalizes the transfer and issues the official Title Deed in your name.

Why Сhoose Holy Island?

We believe that the process of buying property in Cyprus for EU citizens can and should be simple. With us, you receive:

  1. Full ownership rights without any risks.
  2. The best materials and modern technologies.
  3. Expert Holy Island transaction support.

For a straightforward and professional property buying experience, contact Holy Island today to discuss your plans.

It’s Time for a New Kind of Luxury Eco Real Estate in Paphos

For a long time, luxury meant the biggest houses on the best street in the city. But today’s savvy Cypriot buyers are seeking something smarter with a bit more soul. They want a healthy lifestyle in real estate in Cyprus.

We know you’re looking for a place where modern comforts meet the beauty of Cyprus’s nature. And we’re here to tell you: that house exists. We build homes where you never have to compromise. That’s the basis of our philosophy at Holy Island sustainable development.

Our Approach: Intelligent Luxury and Respect for Nature

For us, luxury isn’t gold and marble. It’s a quality that you experience every day. Intelligent solutions make your life easier, healthier, and more economical.

The nature of Cyprus inspires us: the sun, the sea, and the mountains. That’s why we create homes that blend harmoniously with the landscape and treat it with care. This is true luxury eco real estate in Paphos.

Technology That Works for You and the Planet

We use the best green construction technology to give you maximum benefits.

✅ Energy independence: We install photovoltaic solar panels on the roof of your home.

👍 Your advantage: This reduces your electricity bills to almost zero. You’re no longer dependent on energy prices and have a clean source of light. All our villas achieve a Class ‘A+’ energy efficiency certification.

✅Ideal climate indoors: We use green technologies in construction in Cyprus, including full thermal insulation of the exterior walls and roof. We also install energy-efficient aluminium windows with double glazing

👍 Your advantage: Your home stays cool on the hottest summer days and warm and cosy in winter. Air conditioning and heating run less, so you save money every month.

✅Health in every detail: We use only premium eco-friendly materials: natural wood, local stone, and special paints with low volatile organic compound (VOC) content.

👍 Your advantage: The air in your home is always clean and fresh.

Comfort in the Smallest Details

We create energy-efficient villas in Paphos, where every detail serves your comfort:

  • A modern ‘smart home’ system allows you to control lighting, climate, and security directly from your smartphone.
  • Underfloor heating creates soft warmth throughout the house, and the VRV air conditioning system works quietly and efficiently.
  • We design houses with high ceilings and large panoramic windows.

We believe the right home is the foundation of a happy life. This philosophy is the core of what we call healthy lifestyle real estate in Cyprus.

Your garden isn’t just a lawn. It’s a place for morning yoga, family dinners, or a quiet hour with a book. We design our energy-efficient villas in Paphos to make this life a daily reality.

Your Future in Paphos Awaits!

When you choose luxury eco real estate in Paphos from Holy Island, you’re investing in a smart, healthy, and responsible lifestyle. Don’t just dream about your ideal home. Come and see how we’re making that dream a reality.

Live in harmony with nature without compromising on luxury. Contact us to learn more about our projects and discover the future of luxury eco real estate in Paphos.