Should I buy or rent in Cyprus?

Expert Info

Posted by

on 28 Apr 2016

I’m going to move to Cyprus, but I don't know which option would be better – buying or renting. I considered Larnaca, as the property market is less expensive, but I’d like to live in Limassol and now I doubt whether I can afford it. Maybe it would be better for me to rent. According to Tranio's online guide, the difference between prices for house in Larnaca and Limassol is not as big as I expected. Can you recommend some options? Who knows property market in Cyprus?

Anonymous (not verified) on 28 Apr 2016 - 13:26

Hi Julia,

Limassol is indeed a popular area for expats, as are Oroklini and Paralimini. What factors are important to you when deciding where to live? Some expats find renting in Cyprus to be expensive and feel that buying may work out cheaper in the long run, but each case will be different.

Read our guide to find out more about
accommodation options in Cyprus.

Regards,
Cayley

Expat Health Insurance

Cigna Global Health Insurance

Moving your family abroad can be intimidating, but learning about medical options such as family health insurance early on can help you successfully settle in.

Limited-time offer: 10%* off for life!

Get covered today and enjoy 10%* off your health insurance policy!

Get a Free Quote

*T&Cs apply

Moving Internationally?

International Movers. Get Quotes. Compare Prices.

Sirelo has a network of more than 500 international removal companies that can move your furniture and possessions to your new home. By filling in a form, you’ll get up to 5 quotes from recommended movers. This service is free of charge and will help you select an international moving company that suits your needs and budget.

Get your free no-obligation quotes from select removal companies now!