Two-Bungalow Property with Panoramic Coastline Views in Giolou
€150,000€833/m²
Giolou, Paphos, Cyprus
4
bedrooms
2
bathrooms
180 m²
interior
520 m²
plot
House
property type
11 Jul 2026
listed
The Habio take
AI summaryThis property comprises two bungalows, one of which features stunning panoramic views of the coastline and hills. Situated in the charming village of Giolou near Polis, this is an excellent opportunity for renovation and investment.
- investment
- renovation
- quiet
- village
- mountains
- nature
Highlights
- Two separate bungalows on one plot
- Stunning panoramic coastline and mountain views
- Ideal for renovation and personalisation
- Located in the peaceful village of Giolou
- Title deeds available for ownership transfer
Worth knowing
- Renovation required for both properties
- No swimming pool available
- Limited amenities within the village
Good fit for: This property is best suited for buyers interested in renovation and seeking a tranquil village life.
Lifestyle scores
- Beach
- 65
- Walkable
- 50
- Remote work
- 60
- Family
- 50
- Retirement
- 75
- Airport access
- 60
- Investment
- 70
- Luxury
- 40
- Value
- 80
About this place
This unique offering includes two old stone bungalows set on a substantial plot of 520 square metres in the peaceful village of Giolou, Cyprus. With a total internal area of 180 square metres, the properties present a blank canvas for potential buyers and investors looking to create a personalised living space in an idyllic setting. One bungalow is arranged over two levels and features a fireplace, while the other is a single-storey design.
The picturesque surroundings are perfect for those seeking a tranquil lifestyle, with expansive views over the hills and towards the sea. The existing structures require complete renovation, presenting an opportunity to design a home that integrates both comfort and aesthetic appeal. With title deeds available, this property offers a solid investment for those with a vision for revitalisation.
Giolou is a small village known for its natural beauty, including orange groves and vineyards, making it an ideal location for nature lovers and peace seekers. Its proximity to Polis and local amenities ensures easy access to everyday necessities while maintaining the charm of village life.
What this place offers
- fireplace
- internet access
- pressurised water system
- private garden
- private parking
- terrace
- unfurnished
- wi-fi
Buying property in Cyprus
The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.
Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.
Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.
Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio
Always check the latest legal requirements and fees.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
