Hi Toffeemen,
That's a tough question as Easter is notoriously expensive as it's the first "real" holiday for schools following the Christmas & New Year break.
It all depends on what you are looking for and how many of you are travelling together.
Generally, if you are travelling as a couple - it's often cheaper to book into a hotel on BB basis (although, the Atlantica Hotel in Limassol - now Atlantica Oasis usually fare cheaper to book HB than BB) rather than go self catering because of the under-occupancy supplements charged.
For Paphos, I would suggest the Kissos Hotel - it's a nice hotel situated just off Tombs of the Kings road and in a good position for local bars and restaurants. Also within walking distance to the harbour.
If you are travelling as a family - then Kefalos Beach apts, Anemi apts or Aliathon Village apts are all nice, clean complexes.
If you want to go upmarket - then Elysium Hotel is the newest hotel I recall in Paphos and I cannot fault the Mediterranean Beach hotel in Limassol. Four Seasons is up there with the rest but the Med Beach holds it for me as it has more of a holiday feel to it.
I've found Portland Holidays (direct part of Thomson) and Eclipse Direct (direct part of First Choice) are usually competitively priced.
But, if you book with British Airways during their winter sale for flight only (usually Dec or Jan), then try accommodation only bookings with Thomson, Olympic Holiday, Travel Republic or HotelClub.net
Hope that helps some!
Regards