How Much Does a One-Bedroom Apartment in a New Development Cost in Paphos, Cyprus in 2026?

Published On: 03/01/2026

Paphos is one of the most attractive cities in Cyprus for buying newly built property. Buyers choose it for modern seaside living, stable investments, or comfortable relocation for permanent residence. One-bedroom apartments (1-bedroom units) in new residential complexes are currently among the most liquid and in-demand formats on the Paphos market.

Overview of the New-Build Market in Paphos

The primary (new-build) real estate market in Paphos is developing rapidly. Modern residential complexes are being built across the city and its suburbs, typically offering swimming pools, underground parking, elevators, energy-efficient cooling systems, and underfloor heating.

Compared to Limassol, new developments in Paphos remain 20–30% more affordable, making the city especially appealing to mid-budget buyers and investors.

The average price per square meter in Paphos is around €2,125, but in new developments this figure is usually higher, most often ranging between €3,200 and €4,200 per m², depending on the area and the class of the project.

Minimum Price for a One-Bedroom Apartment in a New Development

When focusing specifically on new projects, the lowest price for a one-bedroom apartment in a new development in Paphos starts at approximately €210,000–€220,000 + VAT.

Typically, these are apartments of 55–65 m², located:

in areas such as Chloraka, Peyia, or Geroskipou
within 1–2 km from the sea
in mid-range residential complexes without a direct sea view

These properties are in high demand both among buyers looking to live in Cyprus and investors targeting long-term rentals.

Average Price of a One-Bedroom Apartment in a New Build in Paphos

The most common budget for purchasing a one-bedroom apartment in a new development is €220,000–€260,000 + VAT.

Within this range, buyers usually get:

a modern residential complex
one bedroom and an open-plan living room with kitchen
a spacious veranda
a shared swimming pool
a private parking space
energy efficiency class A

This segment is considered the “sweet spot” of the Paphos new-build market.

One-Bedroom New-Build Prices by Area

Chloraka

One of the fastest-developing areas of Paphos, with many modern complexes offering panoramic views and rooftop pools.

1-bedroom price: from €216,000 to €260,000 + VAT
Price per m²: approx. €3,600–€3,900

An excellent choice for both living and rental income.

Universal

One of the most popular districts among foreign buyers and investors.

1-bedroom price: from €230,000 to €280,000 + VAT
Price per m²: approx. €3,800–€4,200

Strong rental demand and close proximity to the city center and the sea.

Tombs of the Kings

A prestigious area within walking distance of the sea and major amenities.

1-bedroom price: from €280,000 and above + VAT
Price per m²: from €4,400

Ideal for short-term rentals and premium investments.

Geroskipou

A quieter, family-oriented area.

1-bedroom price: from €220,000–€250,000 + VAT
Price per m²: approx. €3,400–€3,700

One-Bedroom Apartments Near the Sea: Price Overview

Proximity to the sea has a significant impact on pricing. In new developments in Paphos, the difference can reach 30–50%.

Within 1 km of the sea: from €220,000–€260,000 + VAT
Sea view: adds 10–20% to the price
First line to the sea: from €300,000–€350,000 + VAT

What Is Included in the Price of a New-Build Apartment?

Most new one-bedroom apartments in Paphos are sold with full interior finishing, which typically includes:

a fitted kitchen
fully equipped bathroom
tiled or parquet flooring
thermal aluminum windows
VRV or split air-conditioning systems

Furniture is usually not included and is purchased separately.

Additional Costs When Buying a New Apartment

When purchasing a one-bedroom apartment in a new development, buyers should also account for additional costs:

VAT — 5% (under certain conditions) or 19%
Stamp duty — up to 0.2%
Legal fees — approx. 1–1.5%
Utility connections and title deed registration

On average, additional costs amount to 6–10% of the property price.

Investment Potential of One-Bedroom Apartments

One-bedroom apartments are considered the most liquid property format in Paphos.

Average returns:

Long-term rentals: 5–7% per year
Short-term rentals: 7–9% per year

Apartments in Universal, Tombs of the Kings, and Chloraka perform particularly well.

Why Choose a New Development?

Key advantages of buying a new-build apartment in Paphos include:

modern layouts
low maintenance and utility costs
high energy efficiency
minimal renovation expenses
strong rental demand

Final Summary: How Much Do You Need to Buy a One-Bedroom New-Build Apartment in Paphos?

To summarize:

Minimum budget: from €210,000 + VAT
Optimal budget: €220,000–€260,000 + VAT
Premium seaside options: from €300,000 + VAT

A one-bedroom apartment in a new development in Paphos in 2026 represents a well-balanced solution for living, holidays, and investment—combining reasonable prices, modern comfort, and stable long-term value growth.