Kate Deas-Smith asked:


Geography maps of Cyprus will show that the towns of Polis & Latchi are situated in the far west of Southern Cyprus, which has the remote and arguably most beautiful areas of the island. Cyprus property for sale here is for the person who wants the authentic Cyprus, the location has become a popular sea-side resort with an acclaimed traditional centre that has kept its many buildings and beauty intact, but this is no Agia Napa or even Paphos. It is a laid back sort of place which has not surrendered to its resort label, it has a central pedestrian area mostly given over to shops and tavernas, but it also has many nooks and crannies to explore.

Cyprus property for sale is increasingly available and fortunately there are quite strict building zones which limit the amount of construction in the area. This is not the place for investors to buy up lots of apartments ready for the summer season, but there is a market for villas for rent in Cyprus for the long term. These are usually taken up by tourists who come for full seasons; workers in the area or quite a few people who are relocating want to rent before deciding where to buy.

Getting cheap car hire in Cyprus is easy and armed with geography maps of Cyprus you can explore the area at your leisure. The main road out of Polis towards Chrysochou Bay sweeps the eastern coastline, and there are incredible views over to the West towards the Akamas Peninsular. There are Cyprus property for sale developments in the area, many of which respect the traditional architecture. There are some changes planned with a golf course being built in the area and maybe a new highway from Paphos, this has been on the table for many years but has still not been approved, it would certainly reduce the travelling time from Paphos airport.

Many people chose the villages for Cyprus property for sale in this region to relocate permanently as they are so welcoming and beautiful. Some smart planners buy their retirement home from Cyprus property for sale available now off-plan and then put their villas up for rent in Cyprus long term until they are ready to take up residence, taking advantage of the capital growth on their property. Then when retirement comes, the huge tax benefits kick in; NO inheritance tax, NO wealth tax, UK state pensions that are still entitled to the annual up-rating. All pensions, public and or private are tax-free for the first 3,417 Euro and then taxed at the flat rate of 5% or you can opt to be under the normal tax regime in which the first 19,500 Euro is tax free rising to 30% on 36,301 Euro which would be more beneficial if you only receive a small pension.

So armed with some geography maps of Cyprus you can scour the region and make the decision of where to search for Cyprus property for sale, it is possible to enjoy the genuine Cyprus whilst still being close to an airport and the amenities of Paphos, having simply the best of worlds.



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Steven Clarke asked:


For anyone developing an overseas property investment portfolio, investment in property in Cyprus could provide high levels of investment return.

The Cyprus property market is highly dependent on foreign investment, and whilst a strong Euro has made southern property in Cyprus more expensive, there are a range of other factors that are expected to increase holiday market demand and letting rates in both the north and south of the island in the years immediately ahead.

The island of Cyprus is serviced by at least three different airports, with international flights accepted at Larnaca International, Nicosia and Paphos prompting low cost air carriers to set up air routes to the island. Increased budget air travel can be expected to drive visitor numbers, and the World Travel and Tourism Council is predicting an annual increase in visitor numbers of 4.5% to Cyprus this year. This will result in increased demand for property in Cyprus with corresponding increases in property prices and rental values.

Cyprus provides seekers of Mediterranean holidays an ‘all year round’ temperate climate, with Northern Cyprus having long hot summers that average 27 degrees. Winter days are generally sunny with temperatures that rarely drop below 12 degrees centigrade, which means that any overseas property investor has a reasonable prospect of finding rentals for their property in Cyprus during winter, spring or summer.

Rainfall occurs primarily in winter, with the result that the island is green and verdant for most of the year, and host to a wide range of subtropical plants, including orchids, for which the island of Cyprus is famous. Cyprus is also steeped in history, with ruins and sites of historic interest within easy reach of any potential property in Cyprus investment.

Of greatest appeal to tourists and potential investors in property in Cyprus, is the fact that the island of Cyprus is surrounded by hundreds of miles of open, sandy beaches. Investors can choose a location that provides miles of undeveloped seafront locations, or beaches nearer to developed and lively tourist areas such as Ayia Napa, which are ideal to service the young adult and family holiday markets.

Features such as the natural beauty of Cyprus, the miles of unspoiled coastline, climate and history are unlikely to change significantly in the future. However, what political and economic considerations must a potential purchaser of a property in Cyprus evaluate before making a decision to invest?

In 1974, Turkey invaded Northern Cyprus after the attempt by Greece to formally annex the Island. Cyprus has remained a divided island ever since, with two separate republics established, although only the Southern Republic of Cyprus has ever been formally recognised. This has resulted in a north - south divide in values of property in Cyprus.

Following a number of key political concessions, the Southern Republic of Cyprus now has full EU membership and has recently adopted the Euro, both of which have provided economic stability and prompted heightened investment in property in Cyprus over the last five years.

Given the wide differentials that exist in property in Cyprus prices between the North and South of the island, re-unification can be expected to bring about increased property demand throughout the country, and provide real investment opportunities for the wily purchaser.

As with all investment decisions, it is wise for any potential investor in property in Cyprus to take expert advice and to ensure that full advantage is taken of any local financial and investment incentives.



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Adrian Jones asked:


A holiday villa in Paphos Cyprus, is this your dream? Well, a flight to Paphos Cyprus is now cheaper than it has been for a long time as there are many budget airlines all competing for your custom. A holiday villa in Paphos could be cheaper that you thought possible if you buy off plan. Cyprus property for sale is still relatively cheap.

Economists have predicted a rapid increase in prices as the Island is a dream destination for many and this is having a major impact on prices, developers seem a little slow in realising this but it won’t take long for them to cotton onto this and raise their prices, so you had better hurry if you are looking to invest in your very own villa in Paphos. Cyprus has a wonderful climate and around 320 days of sunshine per year. Its beaches are wonderful and there are many miles of them, did you know that there are over 50 blue flag beaches on the Island?

A flight to Paphos Cyprus from London only takes four and a half hours, so you can be at your holiday villa in Paphos Cyprus in a relatively short time.

Paphos is located on the western side of the island and is split into two, known as Kitma Paphos and Kato Paphos. (Upper and lower). The lower part, on the coast, contains most of the historical sites whereas the upper town contains the main shopping centre and modern museums. It is quite a strenuous walk from the lower to the upper part of Paphos as it is a steep hill that separates them. The harbour is the main focus of the town and it is quite pleasant strolling along on a balmy summers evening. There are plenty of cafes and bars where you can relax and watch the boats.

If you catch an early flight to Paphos, Cyprus will be waiting for you in the evening to explore her as you will still have plenty of the day left when you arrive. A bargain to say the least.

If you plan to be living in Cyprus you will never be bored as there is so much to see and do in Paphos and the surrounding areas. You are only a short drive from the mountains where you will find it a few degrees cooler in the summer months, a welcome change from the stifling heat on the coast. You will see many wonderful plants in the mountains and if you are lucky you may even spot some of the rare plants growing. There are many picnic areas so why not take a picnic and enjoy the tranquility of the area. More often than not you will be alone to enjoy the clean air and the sound of the breeze gently blowing.

Cyprus property for sale is cheap but as we have already said, it won’t stay that way for much longer, book yourself a flight to Paphos Cyprus soon and come and take a good look for yourself. That little nest egg that you are looking to invest could go much further than you thought it would. There are many budget airlines now flying to the Island so a flight to Paphos Cyprus could be cheaper than you think. Cheap property and cheap flights, you can’t go wrong.



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Stavros Papadouris asked:


Investing in Cyprus

The correct time to do so

If you are having thoughts of investing in Cyprus now is the time to do so. Buying property in Cyprus could be a great investment, especially for those who want a holiday home or an investment property.

With ambitious plans to build new tourist attractions, including 10 major golf resorts in addition to the three already open, two new marinas, yacht clubs and sports centers, the future is looking up for the island making any kind of property investment in Cyprus a lifetime opportunity.

Investing in Cyprus properties has taken off in a big way over the past years, with many opportunists buying whole apartment blocks at a time or large chunks of holiday developments with a view to reselling in a few years. The “Buy to Let” concept has become a common practice to individuals investing in Cyprus as it is a very easy and safe way to invest and not be troubled about any mortgage payments.

Ever since Cyprus became a complete member of the EU it’s economic growth has progressed steadily, resulting in it’s rising popularity. The foreign resident population has developed in a big way forcing up property values as it becomes clear that it is a very special place to live in. It really is a dream come true opportunity as far as property investment in Cyprus is concerned.

With Cyprus now in the Euro zone huge investments are given the green light in infrastructure and new amenities. The ongoing projects to upgrade the Larnaca and Paphos airports and improve roads are also fuelling confidence to any person thinking of investing in Cyprus.

Investing in Cyprus is a particularly attractive move at the moment as the market has grown at a stable rate for a number of years, yet prices remain competitive. Cyprus off plan developments offer some particularly good deals, with value for money projects being built anywhere in the island. Buyers investing in Cyprus generally get more property for their money, with good size rooms and plenty of extras included in the price such as double glazing, air conditioning, solar heating panels, fitted kitchen etc.

Investing in Cyprus properties is a safe way to have an excellent return for your investment and still enjoy spending some quality time in one of the most beautiful and safe islands of the Mediterranean. No matter if you are a property investor or an individual property buyer one think is for sure, investing in Cyprus can be one of the best decisions you ever took in your life.



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Les Calvert asked:


This islands nation has been the toast of the British investor for decades. Cyprus is, indeed, an attractive country as well as a popular real estate investment destination. With all year round sunshine, Cyprus rocks to the tunes of visitors from all over the world flocking in to this tiny Mediterranean island.

Moreover, there’s no such time as ‘lean period’ as regards to the influx of tourists in the country is concerned. Miles and miles of pristine beaches in the country ensure there is no shortage of activities to be indulged in by the visitors at any time of the year. Overall, Cyprus is like a pocket-sized dynamo for the real estate investors all across Europe.

Property Investment Opportunities in Cyprus

Since the country joined the European Union (EU) in 2004, the fortunes of Cyprus real estate are on an upswing. Not only with holiday-seekers, but second home buyers now are also flocking to the country mainly due to the excellent climate and large English-speaking population. Although Cypriot Greek is the preferred language here, the majority of people understand and speak English with considerable ease and as a bonus they also drive on the same side of the road as the UK.

Cyprus has no shortage of property investment opportunities all across the country. However, the hottest regions from the property investment point of view include property and areas like:

Apartments in Paphos,

Larnaca property

Limassol apartments

North Cyprus Property

and many more regions including Protaras, Kyrenia, and Famagusta. These places have witnessed maximum activity in terms of real estate transactions over the past few years. Investors have shown tremendous faith in these areas due to their potential to offer high returns. Moreover, these are either tourist spots or in proximity to the hotspots of the country. Therefore, you can easily expect a consistent rental income from vacation properties in these towns.

The prices of real estate in Cyprus are on a lower pedestal compared to the UK real estate prices. Apartments in Larnaca are available from £100K, and a separate dwelling (residential home) can be yours for £250K. The Paphos region is comparatively cheaper than Larnaca and Northern Cyprus has properties well below £50K.

The range of properties available for investment purposes in Cyprus include villas, mansions, residential homes, and holiday property. All of these properties are in great demand from the domestic as well as international investors. However, the membership of the EU brings in a large number of European investors into the countries real estate portfolio. Therefore, there’s an added incentive for British investors, having an opportunity to share the neighbourhood with fellow countrymen and other Europeans!

The rollicking property scenario in Cyprus is as much attributable to the long coastline as it is to the vine-blessed mountainous region, which is famous for its Cypriot wine. The country has a certain degree of historical significance also and you can visit the remnants of Roman and Greek civilization spread all across the country. The capital city of Nicosia is particularly popular among the real estate investors in Cyprus due to its ultra modern lifestyle and easy accessibility to the leading business and commercial centres in the country.

Cyprus is also a strategic base for several nations. This is the reason that Turkey is a part of the North Coast of the country. Though the area is disputed and awaiting settlement, it doesn’t flare up into any kind of violent turmoil. Peace despite serious situation here is also a contributing factor for the investors interest in the area.

Administrative Convenience in investing in Cyprus

The government of Cyprus is in an overdrive in order to promote property investment climate in the country. The laws, bylaws, rules and regulations concerning real estate in the country are already on an easing road. While investing in Cyprus, make sure you are always on the lookout for VAT-exempt properties and strike really outrageous bargains on some of the prime properties in the country. Banks and financial institutions are also trying their best to make loans more lucrative and accessible for small investors.

Cyprus follows common rules and principles for real estate investment that are adding to the English legal system. The understanding of the UK property laws come in handy if you are planning to invest in Cyprus.

Cyprus is in a developmental mode, and this gives rise to certain economic disparities in the country. Additionally, Cyprus has one of the lowest average salaries in Europe, which acts as a double-edged sword. On the one-hand, it brings lots of employment opportunities in the country, also, there is an ever-growing gulf between the rich and poor. Though poverty is not a very big issue at present, the government hopes to address it before it escalates out of hand.

Cyprus is considered to be one of the easiest countries to invest with not many hurdles for foreign investors. However, it will still be advisable if you hire a local attorney to handle all the legal and administrative paperwork in order to peacefully own and enjoy a Cypriot property.



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Chloe Leighton asked:


According to the ‘North Cyprus Estate Agents’; the property in North Cyprus is about three to four times cheaper than the property in South Cyprus at the present moment in time.

The Reasons that are given for this large price differential are that firstly there are no direct flights into the north of the island from the UK, instead one must go via Istanbul first or fly directly into the south end of the island and then drive across the border. Secondly, due to the difficulties with crossing the border until six or seven years ago, the property market has only really just started to take off in North Cyprus.

However, despite these claims research has proved to me that this price differential cannot be applied to all property. In fact, this figure only relates to a relatively small proportion of the properties in North Cyprus and depends mainly on location.

For example; in the North a two bedroom, one bathroom apartment in Alsancak, a 20 minute drive along the coast road to the main tourist town of Kyrenia property starts at £29,000. This includes a shared pool and view of the sea from half of the apartments. A relativley similar property in the South situated in Xylofagou, which is half an hour between Larnaca and Aiya Napa would set you back at £75,000. This is two and a half times more expensive than the North and does not have a sea view.

In the more popular locations the price differential increases significantly. A similar property to the one explained above in the centre of Kyrenia costs, on average £50,000, again with pool. However, in the South, in the more popular tourist locations such as Paphos and Limassol the same property could cost up to £300,000 making the Southern property six times more expensive.

The same pattern can be seen for larger properties such as three bedroom villas with their own pool; in the North this would cost between £70,000 and £250,000 depending on how close to the centre of Kyrenia you are. In the South the same property starts at £135,000 and price increases to well over £1 million depending on location.

These examples clearly show that at the lower end of the scale the price differential for properties in the North compared with the South are essentially two fold, this is being seen with both small and larger properties. As the location of properties moves towards the more popular destinations of Kyrenia in the North and Paphos, Limassol and Larnaca in the South price increases to a four, five or six fold difference.

The price difference in renting a 3 bedroom villa with pool is £200 a week, with prices in Kyrenia being between £400 and £600 a week compared to £600 to £800 a week in Paphos.

On a final note, properties in the village of Boğaz, approximately 15 minutes drive from Bafra are averaging at £45,000 for a two bedroom apartment with pool whilst a three bedroom villa with pool can range from £98,000 to £129,000 which increases to £153,000 for land with an original Turkish deed.



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Steven Clarke asked:


Following the adoption of the Euro by the Republic of Cyprus earlier this year, the relative cost of Cyprus property has increased with a corresponding drop in foreign investment interest. However, re-introduction of fiscal policies such as tax breaks and incentives for property owners domiciled in Cyprus, along with changes in domestic politics means that investment interest is surging, especially in the north of the country.

The introduction of low cost air carriers such as Easyjet and Ryan Air are expected to drive visitor numbers over the next few years, which will in turn increase rental values and demand for Cyprus property. Easyjet have already established a route servicing Paphos, whilst Ryan Air are still negotiating with the Cyprus authorities. In any event, given the growth of low cost flight carriers, affordable flights can be expected to increase.

Tourism is the primary industry of Cyprus, with year long demand for rental of Cyprus property, and for good reason. Cyprus boasts a sunny climate all year round, with long hot summers that average 27 degrees centigrade in the north, and 30 degrees in the south. Winters are mild, and the temperature will rarely drop below 12 degrees centigrade, making it an ideal tourist destination at any time of year.

Rainfall occurs primarily in winter, with the result that the island is green and verdant for most of the year, and host to a wide range of subtropical plants, including orchids, for which the island of Cyprus is famous. Cyprus is also steeped in history, with ruins and sites of historic interest within easy reach of any potential Cyprus property investment.

Cyprus also boasts many miles of beautiful and unspoiled sandy beaches, with numerous deserted peninsulas and undeveloped areas. For the Mediterranean, this is a fairly unique feature and gives the holiday maker who is seeking peace and quiet a wide and varied range of potential destinations.

These features of the island of Cyprus are relatively unlikely to change in the near future, and all of them represent good reasons for potential buyers to invest in a Cyprus property. However, there are a number of political issues that a potential purchaser of a Cyprus property must take into consideration when making an investment decision.

Following the invasion of Northern Cyprus by Turkey in 1974, the island has remained divided into two separate republics. However, only the southern Republic of Cyprus has been recognised by international bodies such as the European Union and the United Nations.

Following the introduction of an elected government, the Southern Republic of Cyprus was formally accepted into the European Union in 2003 and the Euro was formally adopted as the local currency in February 2008. This has provided political and economical stability to the South of the island, which has prospered in the last five years with major growth in the value of Cyprus property.

Whilst a ‘North - South’ divide remains in Cyprus property prices, Northern Cyprus properties have received a boost after the disestablishment of border crossings in 2005. Furthermore, recent improvements in the political situation have increased the likelihood of the development of the long term resolution of the dispute that has divided Cyprus into its northern and southern regions. This means that there is a real prospect of a major elevation in Cyprus property prices located in the North of the country in the relatively near future.

As with all investment decisions, it is wise for any potential investor in Cyprus property to take expert advice and to ensure that full advantage is taken of any local financial and investment incentives before committing their money overseas.



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Stavros Papadouris asked:


If you are thinking of buying one of the lovely Cyprus properties currently available, well think no more.Buying Cyprus property has never been easier with so many people speaking English as a second language.

Cyprus properties make great vacation homes due to their position in the middle of the Mediterranean Sea enjoying amazing weather with 320 days a year of sunshine, clean beaches and above all the warn and friendly welcome of locals.

Cyprus properties for sale are very much comparable to other European countries’ properties and they are according to several statistics shown to be cheaper and an extremely fine way to invest your money. Although the island is the third biggest island of the Mediterranean it is very cosmopolitan and not overcrowded by its inhabitants.

The big variety of Cyprus properties for sale which consists of areas close to the sea, as much as mountainous places to live in, offers the choice to many foreign people of buying Cyprus properties for an investment or for their permanent place to spend the rest of their lives.

Investing in Cyprus properties has taken off in a big way over the past years, with many opportunists buying whole apartment blocks at a time or large chunks of holiday developments with a view to reselling in a few years. The “Buy to Let” concept has become a common practice to individuals wishing to buy Cyprus properties as it is a very easy and safe way to invest and not be troubled about any mortgage payments.

Cyprus properties for sale are moving fast as many people from allover the world find Cyprus to be the ideal place for them to live or invest. If you believe that Cyprus has what it takes for you to be happy then make the first step and browse all of our Cyprus properties for sale.



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Les Calvert asked:


The ever growing property market in Cyprus is a pleasure to watch with so many new and off plan developments emerging almost every month. It’s proving difficult to know which one to opt for when considering buying apartments in Paphos in Cyprus.

With literally hundreds of the very best developments selling apartments in Paphos in Cyprus with some offering great guaranteed rental schemes and % discounts. Apartments in Paphos are added to our database by agents and developers from the area so you would be dealing directly with the agents on the ground in the great beach resort of Paphos.

Apartments in Paphos Buyers Guides

When thinking of buying an apartment in the beach region of Paphos it pays to check your homework on the buying process. With a comprehensive buyers guide to buying apartments in Paphos on our website which you may find of interest. The guide covers things such as a general market overview, setting up a limited company, deposits, notaries and much more.

Paphos Inspection Trips

Buying apartments in Paphos can be as easy as 1,2,3 with amazingly cheap Inspection Trips from as little as €199 that’s only £135.

All trips include

Flights from your local or nearest airport Hotel accommodation with breakfast - typically 4 * wherever available Transfers to and from the Cypriot airport Representative of the agent to show you around their developments All legal questions answered

Other locations as well as Paphos

With over 4,000 properties for sale in Cyprus including more than 1200 apartments in Paphos alone why not check out some of the other areas in Cyprus like:

Limassol

Larnaca

Protaras

Peyia

Northern Cyprus

Ayia Napa and more

Cyprus and Paphos News Articles

Keep up to date with the news and articles on buying apartments in Paphos and Cyprus in general. These can be viewed on our News pages for Cyprus as well as our general news pages. We also feature a daily overseas property news feed that cover many subjects dealing with buying apartments in Paphos as well as many other regions around Cyprus and the rest of the world. Whatever your needs are for buying an apartment or villa anywhere in the world then you need to drop by our site to learn more.



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Kate Deas-Smith asked:


Cyprus property for sale is still well priced compared to some other hotspots in EU such as France and Spain. A holiday villa in Paphos, Cyprus is in a very good location as you can have the best of the island, charming sleepy villages and also the nightlife and convenience of a large town. A Cyprus country map will show you that the coastline stretches from Petra Tou Romiou, Aphrodites Rock where according to legend the Goddess was born out of the sea to the East of the region running round to the West through Kato Paphos and the beach-side hotels and apartments, round to Coral Bay and on up to the Akamas region and the more remote beaches and turtle nesting reserves.

A holiday villa in Paphos, Cyprus can be in located in one of the villages in the hills which are above the humidity line and benefit from a fresh breeze, which is welcomed in the hot summer months, it is however worth keeping in mind for those who are looking to relocate permanently or to spend the winter in these areas that Cyprus property for sale will benefit from central heating as it does get chilly in the evenings when it gets dark. As you get closer to the coast you will notice on the Cyprus country map that the hills are less steep and there are acres of banana plantations and finally coming to the seafront and the hotels and apartment blocks.

Cyprus property for sale in the tourist areas is often sought after as more and more travellers prefer to make up their own packages, enjoying the freedom of a self-catering holiday to the more regimented hotel stay. In fact I am willing to bet that not much actual self-catering takes place - apart from a decent cup of tea as the restaurant facilities are fantastic, from all day breakfasts and pie and chips through to a la carte dining at 6 star hotels - the choice is yours and no washing up!! A holiday villa in Paphos Cyprus will attract premium rates in the summer season, due to its location and the weather guaranteeing sunshine from April to the end of October and mild winters.

Most Cyprus country maps will point out the many historic sites as the area is rich in history, the entire town of Paphos features on the UNESCO World Heritage list of cultural and national treasures and there are spectacular Roman mosaics. The fishing harbour and adjacent Fort are the main centre in Kato Paphos, with many restaurants, bars and water-sports businesses. For the more energetic is the Tomb of the Kings road where larger bars and nightclubs are situated and Cyprus property for sale in the ‘Universal’ area is a good investment for those who enjoy the nightlife and want holiday rentals.

Cyprus property for sale for permanent relocation or laid back breaks in a holiday villa in Paphos Cyprus up in the hills, right through to an apartment in the centre of town so you can walk home after a great night out - you pays your money and takes your choice!!



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