Cyprus is one of the most dynamically developing countries in Europe. The unique location provides both economic benefits and climatic features that delight the citizens of the Nordic countries. Therefore, the Cyprus property market has been gaining in popularity in recent decades. Of course, cities such as Paphos and Limassol, which are the engines of the country's real estate market, are known primarily as luxury resorts with expensive real estate. Luxury urbanizations, real estate in golf clubs, prestigious properties on the Mediterranean coast - all this is in abundance in Cyprus. But on the island you can buy housing, the cost of which will be less than 100,000 euros. Such prices are already comparable and even lower than prices in St. Petersburg or Moscow.
There is quite affordable real estate in Paphos, where the cost of a square luxury housing is in the region of 3,000 euros. You can find even more accessible objects in Protaras, Larnaca, Paralimni. For example, in the center of Larnaca, an apartment of 70 sq. m can be purchased for 90,000 euros. Such objects are not uncommon. Their layout usually includes two bedrooms, a kitchen, a living room, maybe a terrace or a veranda. If you are interested not so much in urban real estate, then you can find housing at even more affordable prices. For example, the village of Mazatos will offer you an apartment in a residential complex with a private pool at a price of 80,000 euros. This village is located about 20 kilometers from the city. But that shouldn't scare you. Distances in Cyprus are easily covered with a car thanks to the excellent roads. And living in the fresh air away from noise is a special opportunity. There are a lot of such villages in Cyprus. Some of them are located closer to the mountains. But they have one thing in common - nature, sea views, good transport accessibility and quality real estate.
The most affordable property in Cyprus is secondary housing. Here you should pay attention to the year the house was built. A competent realtor will never advise you to buy a home over 30 years old, since in those years the quality of construction work was significantly lower. But there are a lot of options for houses with a construction period of 10 years. It is worth noting that your new home will need maintenance. For example, air conditioners. But the difference in maintenance costs between models installed 10 years ago and modern ones is not very large. The cost of such services as water supply, electricity, gas for a two-room apartment is around 100 euros per month.
All of the above suggests that you should not think of Cyprus as a country of only expensive real estate.
