Fees and Expenses to Expect in Cyprus!

The cost of living and traveling in Cyprus is a topic many people debate before setting foot on Cyprus soil.

Is it expensive? Who knows what counts as “expensive”. After all, prices are perceived subjectively. However, it can be said that the prices for accommodation and meals are not exceptionally high, but not necessarily low either.

What are the normal accommodation prices in Cyprus for tourists?

The most necessary and costly aspect of your visit will be accommodation. But how much money do you really have to spend on this?

If you are looking for accommodation when traveling through Cyprus, there are many cheap options. You can find guest houses around 50 euros per night. For this price you also get bed sheets if it is not already available in your accommodation! With this offer you are in the middle range.

The most popular accommodation for tourists are large hotels or all-inclusive resorts. These options often cost around €100 per night. There is a high probability that you will not find cheap prices for this type of stay. If you want luxury, your costs will skyrocket!

 If you travel to Cyprus, you should plan some time to look for accommodation. Airbnb offers you the opportunity to make short-term reservations in affordable hotels or private apartments. This can be in larger cities or in more remote places where it is quieter and more idyllic.

Apartments and their rental costs

You can get a 4 bedroom villa near the beach for around 1200 euros per month. If you want more action, that means you prefer the city, calculate between 400 and 750 euros, depending on how many rooms there are.

Unfortunately, the costs are difficult to estimate. They are often billed quarterly rather than monthly. Rents vary depending on location and amenities. Many of the apartments are also rented furnished, which in turn affects the rental price.

Cyprus has a unique lease agreement tradition that allows tenants to move in immediately after signing. You see an apartment that you like? Sign the rental agreement and pay the entire rent in advance. So you can start moving on the same day.

Here you can see and compare the rental prices for apartments in Nicosia and Limassol:

Average monthly cost of rent in Nicosia:

    • 1 Bed City Center Apartment – ​​£466.79

    • 1 bed apartment outside of city center – £406.92

    • 3 Bed City Center Apartment – ​​£796.07

    • 3 bed apartment outside city center – £682.73

Monthly average cost of rent in Limassol:

    • 1 Bed City Center Apartment – ​​£733.16

    • 1 bed apartment outside city center – £609.05

    • 3 bed town center apartment – ​​£1,275.02

    • 3 bed apartment outside city center – £1,047.22

Check out below the average cost of living per month for an individual and a family in Nicosia (the capital) or Limassol:

Cost of living in Nicosia

    • 1 person per month (excluding rent) – £659.78

    • Family of 4 per month (excluding rent) – £2,356.41

    • Utility charges for an 85m2 apartment – ​​£115.56)

Cost of living in Limassol

    • 1 person, per month (excluding rent) – £683,674

    • Family of 4 per month (excluding rent) – £2,420.87

    • Service charges for an 85m² apartment – ​​£148.89

Fun life in Cyprus

Larnaca beaches are a great place to enjoy an evening with friends. The two promenades Finikoudes and McKennie’s offer many options for visitors who want to spend a nice and culinary experience. Don’t be surprised if you see businessmen in suits lying on the beach. In Cyprus, it is very common to rest on the beach between work appointments. The prices of the restaurants can vary depending on the type and style. But you almost always get a large portion at reasonable prices.

One can only love a place that offers vegetarian mezze platters and inexpensive meals, right? A well-known restaurant is the Lebanese Al Sultan. Because it’s right by the sea, you can enjoy a great view with your meal! The sumptuous menu at Al Sultan will cost you around 14 euros. If you order two beers and give a tip, you pay less than 25 euros for everything. Feel a desire for a few drinks at a beach bar? We recommend the McKenzie Beach Bar!

Cyprus clothing prices

Free time in Cyprus

To save money and have fun in Larnaca at the same time, you can take advantage of the many “exciting” options. Jet skiing or boat tours may cost you a little more, but they are worth every penny! A cheaper leisure activity would be, for example, the gym or cinema. These are definitely cheaper than in Germany.

Conclusion: cheap living in Cyprus!

In summary, one can say that it should never be boring in Cyprus. The range of ways to have fun is immense. Once you have defined your budget, you can start. Either for a tourist activity or a quiet day at the beach. For example, you can go shopping, have lunch at the restaurant and at the end of the day relax with a delicious drink at the beach bar. Whatever your mood, Cyprus has the potential to offer you great fun without the big expense.