Property In Cyprus

 

Cyprus

 

 

Property In Cyprus

Recent years have seen considerable interest in the market for property in Cyprus, as increases in tourism coupled with the positive impact of Cyprus joining the European Union have resulted in a sustained increase in demand. With property increases averaging around 10-12% for the past year, it is understandable that Cyprus is perceived as a more stable investment which has traditionally proven attractive to mid to long term investors.

 

There are a number of reasons why Cyprus has proven so successful at attracting property investors from overseas, including the superb Mediterranean climate which offers over 300 days sunshine per year and the low tax rates which include taxes of only 5% on pensions. These favourable rates of taxation, coupled with the high standard of living and relatively safe environment has meant that Cyprus is a popular choice of retirement destination for many.

 

As well as this, Cyprus’ integration into the European Union has produced a thriving economy which also has benefited from an increasing amount of tourism to the island. It is estimated that tourism in Cyprus will increase at between 4-5% over the next ten years, making it increasingly attractive to investors looking to capitalise on the short term rental and holiday accommodation market.

 

At present, the market for property in Cyprus has focused on the areas to the south of the island, where a considerable amount of development has been undertaken in the last few years. The increasing supply of property in Cyprus has therefore made it essential that the appropriate research is carried out to ensure long term return on investment.

 

Recent times have seen an increasing amount dialogue between the Greek and Turkish authorities regarding closer integration of the North and South parts of Cyprus. Understandably, this potential reunification has sparked a considerable interest from overseas investors who see the north of Cyprus as offering huge potential. Today, the prices of property in northern Cyprus are considerably below those in the north, and the region is tipped to make a large impact in the coming years.

 

Without doubt, there are issues which are facing investors looking to purchase property in Cyprus, and many of these including water supply issues in certain areas, and potential oversupply in tourist destinations have been well documented. The signs are however that the Cypriot authorities are aware of these issues, and are working hard to alleviate them.

Chloraka Village 2

Chloraka Village 2 - Villas In Paphos€501,600

Chloraka Village 2 is a wonderful development of luxury villas, located in one of the most exclusive parts of Paphos. The villas are designed and built with a luxury lifestyle in mind and attention has been paid to every detail.

Agnades Village 1 villas

Agnades Village 1 - Three Bedroom Villas In Polis, Cyprus€497,800

The stunning villas of the Agnades Village 1 are located on a hillside and offer some of the finest sea views over the beautiful waters of Crysochou Bay. Situated just outside of the quaint village of Neo Chorio, the Agnades Village 1 is a collection of beautiful 3 and 4 bedroom villas which include a wide range of indulgent features.

Agnades Village 1 villas

Agnades Village 1 - Four Bedroom Villas In Polis, Cyprus€547,000

The stunning villas of the Agnades Village 1 are located on a hillside and offer some of the finest sea views over the beautiful waters of Crysochou Bay. Situated just outside of the quaint village of Neo Chorio, the Agnades Village 1 is a collection of beautiful 3 and 4 bedroom villas which include a wide range of indulgent features.

Argaka Village 4 apartments

Argaka Village 4 - Two bedroom apartments in Polis, Cyprus€152,700

Argaka Village 4 is a well planned development of two and three bedroom apartments in Argaka Village, in the Polis area on the north west coast of Cyprus. Ideal as an investment property or a holiday or retirement home, there is a variety of activities for you only a stones throw away including cycling, fishing, scuba diving and hiking.

Argaka Village 6

Argaka Village 6 - 3 bed villas in Polis, Cyprus.€476,900

This development is located in the picturesque village of Argaka. Comprising of 3 & 4 bedroom villas, Argaka Village 6 provides first class accommodation and spacious living areas for the whole family. Built to the highest standards, each villa has its own independent plot with private swimming pool and parking.

Aristo Court 13

Aristo Court 13 - 2 bedroom apartments in Paphos, Cyprus.€148,800

These modern apartments offer an enviable lifestyle in the heart of Pafos Town. Close to all amenities (most within walking distance) including shopping centres, restaurants, pubs, banks and the traditional market of Pafos, Aristo Court 13 comprises of twenty luxury two and three bedroom apartments with private parking underground.

Zalakia G Apartments

Zalakia G - 3 bed apartments in Pafos, Cyprus.€272,800

Zalakia G development is a superb range of villas and apartments in the picturesque village of Peyia on the outskirts of Pafos in Cyprus. The hillside location offers sweeping views of the sea and surrounding countryside.

Zalakia G villas

Zalakia G - 3 bed villas in Pafos, Cyprus.€492,800

Zalakia G development is a superb range of villas and apartments in the picturesque village of Peyia on the outskirts of Pafos in Cyprus. The hillside location offers sweeping views of the sea and surrounding countryside.

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Chloraka Village 2 - 3 bed villas in Paphos, Cyprus.€501,600

Chloraka Village 2 is a rare opportunity for anyone looking to buy property in Cyprus, which is a development of five three bedroom villas in a cul-de-sac beside the Mediterranean Sea close to Pafos town.

Konia Village 2

Konia Village 1 - 2 bedroom apartments in Paphos, Cyprus.€149,500

Konia Village 1 offers you the ideal home in Cyprus. This development has been designed carefully ensuring that the look, feel and exclusivity of the project is not compromised. Spacious areas, landscaped gardens with three communal swimming pools and allocated parking areas are a few of the features which contribute to the five star rating of this development.

Konia Village2

Konia Village 1 - 2 bed maisonettes in Paphos, Cyprus.€177,400

Konia Village 1 offers you the ideal home in Cyprus. This development has been designed carefully ensuring that the look, feel and exclusivity of the project is not compromised. Spacious areas, landscaped gardens with three communal swimming pools and allocated parking areas are a few of the features which contribute to the five star rating of this development.

Konia Village 4

Konia Village 1 - 3 bed villas in Paphos, Cyprus.€325,500

Konia Village 1 offers you the ideal home in Cyprus. This development has been designed carefully ensuring that the look, feel and exclusivity of the project is not compromised. Spacious areas, landscaped gardens with three communal swimming pools and allocated parking areas are a few of the features which contribute to the five star rating of this development.

ME1

Melania Gardens E - 1 bedroom apartments in Paphos, Cyprus.€123,600

Melania Gardens E boasts a good selection of apartments and maisonettes ranging from one, two and three bedroom homes. A combination of five blocks of apartments and one block of maisonettes, Melania Gardens E is close to shopping centres, golf courses, restaurants and beaches and is positioned perfectly and close to the Pafos Town Centre.

MG1

Melania Gardens E - 2 bedroom apartments in Paphos, Cyprus.€169,500

Melania Gardens E boasts a good selection of apartments and maisonettes ranging from one, two and three bedroom homes. A combination of five blocks of apartments and one block of maisonettes, Melania Gardens E is close to shopping centres, golf courses, restaurants and beaches and is positioned perfectly and close to the Pafos Town Centre.

Mel1

Melania Gardens E - 3 bedroom apartments in Paphos, Cyprus.€182,700

Melania Gardens E boasts a good selection of apartments and maisonettes ranging from one, two and three bedroom homes. A combination of five blocks of apartments and one block of maisonettes, Melania Gardens E is close to shopping centres, golf courses, restaurants and beaches and is positioned perfectly and close to the Pafos Town Centre.

Melania Garden Semis

Melania Gardens E - 3 semi-detached villas in Paphos, Cyprus.€261,900

Melania Gardens E boasts a good selection of apartments and maisonettes ranging from one, two and three bedroom homes. A combination of five blocks of apartments and one block of maisonettes, Melania Gardens E is close to shopping centres, golf courses, restaurants and beaches and is positioned perfectly and close to the Pafos Town Centre.

Melania P1

Melania Gardens P - 1 bed apartments in Paphos.€121,300

Melania Gardens P boasts a good selection of apartments consisting of one, two and three bedroom homes on the outskirts of Paphos. Situated on a rocky hilltop, the homes at Melania Garden P home offer superb sea views as well as views of the surrounding countryside.

Mel P1

Melania Gardens P - 2 bed apartments in Paphos, Cyprus.€164,200

Melania Gardens P boasts a good selection of apartments consisting of one, two and three bedroom homes on the outskirts of Paphos. Situated on a rocky hilltop, the homes at Melania Garden P home offer superb sea views as well as views of the surrounding countryside.

Mel P1

Melania Gardens P - 3 bed apartments in Paphos, Cyprus.€223,900

Melania Gardens P boasts a good selection of apartments consisting of one, two and three bedroom homes on the outskirts of Paphos. Situated on a rocky hilltop, the homes at Melania Garden P home offer superb sea views as well as views of the surrounding countryside.

MP1

Melania Gardens P - 2 bed maisonettes in Paphos, Cyprus.€220,100

Melania Gardens P boasts a good selection of apartments consisting of one, two and three bedroom homes on the outskirts of Paphos. Situated on a rocky hilltop, the homes at Melania Garden P home offer superb sea views as well as views of the surrounding countryside.

Mel P1

Melania Gardens P - 3 bed maisonettes in Paphos, Cyprus.€264,000

Melania Gardens P boasts a good selection of apartments consisting of one, two and three bedroom homes on the outskirts of Paphos. Situated on a rocky hilltop, the homes at Melania Garden P home offer superb sea views as well as views of the surrounding countryside.

MH1

Monagroulli Hills - 2 bed villas in Limassol, Cyprus.€309,800

This exclusive development comprises of 2 and 3 bedroom villas and bungalows in large plots complimented with a private swimming pool and spectacular views of the South Coast of Cyprus.

MH1

Monagroulli Hills - 3 bed villas in Limassol, Cyprus.€364,300

This exclusive development comprises of 2 and 3 bedroom villas and bungalows in large plots complimented with a private swimming pool and spectacular views of the South Coast of Cyprus.

Peyia Cottages B

Peyia Cottage B - 2 bed apartments in Paphos, Cyprus.€145,700

Situated on the slope of the hill, the Peyia Cottages B development is a combination of 1, 2 & 3 bedroom apartments, complimented by a large communal swimming pool for the use of all tenants and parking.

Peyia Cottages B1

Peyia Cottage B - 3 bed apartments in Paphos, Cyprus.€182,200

Situated on the slope of the hill, the Peyia Cottages B development is a combination of 1, 2 & 3 bedroom apartments, complimented by a large communal swimming pool for the use of all tenants and parking.

Peyia Vrisoudia

Peyia Vrisoudia - 3 bed villas in Paphos, Cyprus.€616,000

Peyia Vrisoudia Plots are located on a hillside at the picturesque village of Peyia. This development of 21 large plots offer a range of three and four bedroom villas with unobstructed views of the sea.

Vriddsoudia

Peyia Vrisoudia - 4 bedroom villas in Paphos, Cyprus.€546,800

Peyia Vrisoudia Plots are located on a hillside at the picturesque village of Peyia. This development of 21 large plots offer a range of three and four bedroom villas with unobstructed views of the sea.

Pissouri Pine Bay villas

Pissouri Pine Bay - 2 bedroom apartments in Pissouri, Cyprus.€200,600

Quality villas designed with the charm and character of the traditional island architecture and realized with warm and friendly materials, easy to maintain, with quality craftsmanship and attention to detail. Elegant homes with specious living rooms well proportioned and arranged. Practical and comfortable bathrooms. And large terraces opening out to magnificent views of the sea and the surrounding countryside.

Pissouri Pine Bay Villas

Pissouri Pine Bay - 3 bedroom apartments in Pissouri, Cyprus.€234,100

Quality villas designed with the charm and character of the traditional island architecture and realized with warm and friendly materials, easy to maintain, with quality craftsmanship and attention to detail. Elegant homes with specious living rooms well proportioned and arranged. Practical and comfortable bathrooms. And large terraces opening out to magnificent views of the sea and the surrounding countryside.

Pissouri Pine Bay - 2 bedroom villas in Pissouri, Cyprus.€308,000

Quality villas designed with the charm and character of the traditional island architecture and realized with warm and friendly materials, easy to maintain, with quality craftsmanship and attention to detail. Elegant homes with specious living rooms well proportioned and arranged. Practical and comfortable bathrooms. And large terraces opening out to magnificent views of the sea and the surrounding countryside.

Pissouri Vines 1

Pissouri Vines 1 - 1 bedroom apartments in Paphos, Cyprus.€117,900

This development comprises of 3 blocks of 2 storey buildings with 50 luxurious 2 and 3 bedroom apartments with gardens, close to open forests and beautiful nature walks.

Pissouri Vines 1

Pissouri Vines 1 - 2 bedroom apartments in Paphos, Cyprus.€146,100

This development comprises of 3 blocks of 2 storey buildings with 50 luxurious 2 and 3 bedroom apartments with gardens, close to open forests and beautiful nature walks.