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Real Estate in Kato Paphos, Cyprus | Digital Nomad Exchange
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Real Estate in Kato Paphos, Cyprus

By Joshua Wood, LPC

Last updated on Oct 10, 2024

Summary: Expats and retirees talk about real estate in Kato Paphos, Cyprus? How do you find a home in Kato Paphos? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Kato Paphos?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Kato Paphos involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a large villa. Next, you should research the different neighborhoods in Kato Paphos to find one that suits your lifestyle and preferences. Some areas may be closer to the beach, while others may be closer to the city center or have a more residential feel. Once you have a clear idea of what you're looking for, you can start your search. There are several online real estate portals that list properties for rent or sale in Kato Paphos. Websites like Property Cyprus, Purple International, and Cyprus Property For Sale can be good starting points. You can filter your search based on your preferences, such as the number of bedrooms, price range, and location. Make sure to look at multiple listings and compare them to get a sense of the market. In addition to online searches, you can also contact local real estate agents. They can provide you with more personalized assistance and may have access to listings that are not advertised online. Once you've found a few potential places, arrange to view them in person. This will give you a better feel for the property and the neighborhood. When viewing properties, consider factors like the condition of the property, proximity to amenities, and noise levels. If you're planning to rent, also ask about the terms of the lease, including the duration and what's included in the rent. Finally, once you've found a place you like, you'll need to negotiate the price and terms, and then sign a contract. It's advisable to have a lawyer review the contract to ensure your interests are protected. Remember, finding a place to live can take time, so be patient and don't rush the process," said one expat in Kato Paphos.

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What is a typical expat home or apartment like in Kato Paphos?

"A typical expat home or apartment in Kato Paphos, is often a modern, spacious property with a blend of traditional Cypriot and contemporary design elements. These homes usually have two or three bedrooms, a fully equipped kitchen, and a comfortable living area. Many apartments come with a private balcony or terrace, offering stunning views of the Mediterranean Sea or the surrounding cityscape. The homes are often located in secure complexes with shared amenities such as swimming pools, gyms, and landscaped gardens. Some even have access to private parking spaces. The interiors are usually furnished, featuring air conditioning, heating systems, and Wi-Fi, catering to the needs of the expat community. The location of these homes is also a key feature, with many situated within walking distance to local amenities such as shops, restaurants, and bars. They are also often close to the beach and the bustling harbor area, providing easy access to the best that Kato Paphos has to offer. Despite being modern and well-equipped, these homes often retain a sense of traditional Cypriot charm, with features such as stone walls, wooden beams, and tiled floors. This blend of old and new, combined with the warm, sunny climate and the friendly local community, makes living in Kato Paphos a popular choice for many expats," explained one expat living in Kato Paphos, Cyprus.

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What is the average cost of housing in Kato Paphos?

If you are thinking about moving to Kato Paphos, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Kato Paphos can vary greatly depending on the type and size of the property. For instance, a one-bedroom apartment in the city center may cost around €100,000 to €150,000. A three-bedroom house, on the other hand, could range from €200,000 to €300,000. Luxury villas with sea views can go for over a million euros. However, these prices can fluctuate based on the real estate market and other factors. It's always best to check with local real estate agencies for the most current and accurate information," said one expat who made the move to Kato Paphos.

Should I buy or rent a home in Kato Paphos?

If you have not spent a lot of time in Kato Paphos, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Kato Paphos depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in the area for an extended period and have the financial means, buying a home could be a good investment, as property values in Kato Paphos have been steadily increasing. Owning a home also provides stability and the opportunity to build equity. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting might be a better option. Renting a home in Kato Paphos allows you to explore different neighborhoods and types of properties without the commitment of a mortgage. Additionally, renting can be more affordable in the short term, as you won't have to worry about property taxes, maintenance costs, or a large down payment. Ultimately, the choice between buying and renting a home in Kato Paphos depends on your individual needs and preferences. It's essential to carefully consider your financial situation, lifestyle, and future plans before making a decision," said one expat who made the move to Kato Paphos.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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