Paphos, a gem on the southwest coast of Cyprus, continues to attract international investors, families, and remote professionals thanks to its Mediterranean charm, EU residency options, and a growing number of infrastructure projects. But where exactly should you buy? In this 2025 guide, we break down the best neighborhoods in Paphos for both real estate investment and rental income.

AUB & Academic District

One of the fastest-growing micro-locations in Paphos is around the American University of Beirut (AUB) campus. This area is becoming a hub for:

  • University staff and international students
  • Digital nomads and researchers
  • Long-term rentals in modern apartments

Why invest here?

  • Strong long-term rental demand
  • New, high-quality residential developments
  • Walking distance to city amenities, schools, and clinics

Kings Avenue Mall & Central Commercial District

This central area blends lifestyle with investment potential. Properties near Kings Avenue Mall benefit from:

  • Immediate access to shopping, cafes, gyms, and cinema
  • Proximity to government buildings and public transport
  • A mix of short-term (Airbnb) and long-term tenants

Ideal for:

  • Young professionals
  • Families seeking urban convenience
  • Investors targeting daily/weekly rentals

Paphos Old Town & Harbor Promenade

Historic charm meets real estate opportunity. The Old Town and harbor promenade area offers:

  • Beautifully renovated stone houses and boutique apartments
  • Walkability to UNESCO sites, Paphos Castle, and the marina
  • Vibrant tourist footfall and dining scene

Great for:

  • Short-term vacation rentals
  • Boutique real estate developments
  • PR or lifestyle buyers who love cultural surroundings

Municipal Park & Suburban Green Zones

For buyers who value quiet surroundings and easy access to amenities, the areas near Municipal Park are ideal.

  • Close to Papantoniou supermarket, schools, and local cafes
  • Features larger apartments and new-build family homes
  • Balanced price-to-quality ratio

Why consider it?

  • Perfect for relocation and long-term living
  • High appeal for families and retirees

Potima Bay & Paphos Marina (Future Development Zone)

Potima Bay, set between Coral Bay and Kissonerga, is the future face of luxury in Paphos with the upcoming Paphos Marina project:

  • Large-scale infrastructure planned (yacht berths, dining, boutiques)
  • High potential for capital appreciation
  • Sea-view villas and modern off-plan apartments already rising

For investors seeking:

  • Capital growth over 3–5 years
  • Seaside living with exclusivity
  • Proximity to Coral Bay & Sea Caves luxury zone

What to Look for When Investing in Paphos Real Estate

Whether you’re buying for PR eligibility or long-term returns, focus on:

  • Title deed availability
  • Energy efficiency (solar, insulation, new standards)
  • Rental demand in the area
  • Developer reputation & warranties

Ready to Invest in Paphos?

Explore our curated selection of PR-eligible, furnished, and off-plan investment properties today. Contact us for a private consultation or to schedule a viewing.

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