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One-Bed Ground Apartment with Renovation Potential in Peyia, Paphos

€119,050€2,289/m²

Pegeia, Paphos, Cyprus

  • 1

    bedroom

  • 1

    bathroom

  • 52 m²

    interior

  • 70 m²

    plot

  • Apartment

    property type

  • 11 Jul 2026

    listed

The Habio take

AI summary

This one-bedroom ground-floor apartment in Peyia, Paphos, offers great potential for personalisation and is attractively priced at €119,000. Situated in a peaceful residential complex, it provides easy access to the vibrant local lifestyle and nearby beaches.

  • beach
  • quiet
  • investment
  • village
  • countryside

Highlights

  • Ground floor with terrace
  • Fully furnished with minimal work needed
  • Potential for rental income
  • Located in sought-after Peyia
  • Communal swimming pool
  • Title Deeds available

Worth knowing

  • Renovation needed to modernise interior
  • Car likely needed for daily errands

Good fit for: Ideal for individuals or couples looking for a project or rental investment in a desirable village location.

Lifestyle scores

Beach
60
Walkable
55
Remote work
60
Family
50
Retirement
70
Airport access
70
Investment
75
Luxury
50
Value
80

About this place

This one-bedroom ground-floor apartment in the picturesque Peyia village of Paphos region, Cyprus, comes at an attractive price of €119,000. The apartment is part of a well-maintained residential complex and is designed for those seeking a bright and spacious home with ample opportunities for renovation. It features a terrace that overlooks the complex's greenery, making it perfect for outdoor meals or relaxing with a book.

Inside, the apartment presents a practical open-plan layout, connecting the kitchen to the living area, which leads directly out to the terrace. The existing décor is functional yet slightly outdated, allowing new owners the freedom to update it according to their own taste without the need for extensive structural work. The bedroom and bathroom both benefit from large windows that fill the space with light.

Located in a tranquil area, the complex offers a communal swimming pool, private parking, and is equipped with a solar-powered water heating system. With Title Deeds available, this property appeals to both direct buyers and investors, as rental demand in the vicinity remains stable. Its location allows residents to enjoy the best of village life, while still being a short drive away from the coast and local amenities.

What this place offers

  • communal swimming pool
  • private parking
  • fitted bathroom
  • fitted wardrobes
  • fully equipped kitchen
  • solar water heater
  • air conditioning
  • balcony
  • gated community
CY

Buying property in Cyprus

Full guide →

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

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