Category: Real Estate

Find Cheap Properties For Sale In Famagusta Cyprus

Adrian Jones asked:


Dirt cheap properties for sale in Famagusta Cyprus are not available on the island these days, particularly in the Southern part. What’s cheap also depends on your viewpoint too. However buying cyprus property does still make a lot of sense and offers great value for money. These bargains are good for investment seekers as well as for people looking for a second/holiday home. A comfortable climate, stable political and social conditions, very modern amenities and easy access by sea or air are the main attractions. Comparable properties located elsewhere in the Mediterranean such as the Coastal regions of Spain do cost quite a bit more. For example UK£150,000 can buy you a 3 bedroom detached property with pool in most of the popular locations. So don’t just look for cheap properties for sale in Famagusta Cyprus - look for great value for money. While the Northern part of the island may have Cyprus property for sale that is truly cheap, because of the occupied status and political situation such investment may be unwise.

The republic of Cyprus is developing fast as quite an offshore commercial destination. It is close to Europe and a short flight away from the British Isles, the island has a lot of tourist attractions. Opportunities exist for renting out residential properties. The rental income could provide a good return on the investment made.

English is spoken and understood quite well all over the island. Professionals are particularly conversant in the language. Southern Cyprus is well developed today. Schools, hospitals and modern department stores like Debenhams and Marks & Spencer are there in many of these major towns.

Temperatures vary from warm in the mountains to hot in the lowlands. Winter is mild in the lowlands but becomes cold enough for snow during winters in the mountains of the Troodos range. What is most attractive is that it has 320 sunny days a year on average. That alone is sufficient to encourage residents of the British Isles to buy Cyprus property!

The central area of Southern Cyprus is dominated by the Troodos mountain range which runs down to the hilly areas along the southern coast. Main towns and cities are the capital Nicosia, Ayia Napa, Limassol, Larnaca and Paphos. Nicosia is the capital city and comparable to most modern European cities, yet has a mix of the ancient too to make it very attractive. Limassol, Larnaca, Paphos, Ayia Napa, Polis, and Latchi are some very popular places on the Southern coast of the island. Ayia Napa is a major music and clubbing district of Europe. Protaras is another resort town popular with younger people, situated very close to Ayia Napa.

The local system is quite bureaucratic, so it is often better to go through an agent familiar with local systems & procedures. They can help determine the true value of cheap properties for sale in Famagusta Cyprus quite easily. That may add up to 5% to the property cost. Financing is available from local banks up to 80% of the price and repayment periods of up to 10 years.

Taxes and levies are applicable to buy sell Cyprus property as in most places. When you buy cyprus property, Taxes and Stamp Duties related to ownership transfer apply, so does a property tax and a levy by local authorities for conservancy services and street lighting. Cyprus properties for sale also attract a capital gains tax, though inflation related adjustments are available. For example if you lived in the property for 5 years or more exemptions are available. As these tax levels are modest, they do not make cheap properties for sale in Famagusta Cyprus any less attractive.



Paphos Property

How to Procure a Faster Sale in the Stagnant Cyprus Property Market

Cleo asked:


There are no “quick sales” in this market unless you are extremely lucky or give your property away.  A “quick sale” in this market is realistically around 6 months. Some homes have now been on the market for 3 years and more! There are ways to move your property in this market and there are ways to sabotage a sale – after you read this you can make the necessary changes or give your self a pat on the back for a great marketing job and the knowledge your Cyprus property will sell sooner than others!

In the course of a week I spend endless hours on the phone with home owners who would like me to sell their property. Many of these calls are sellers who already have their home on the market so they are very aware of the current market and understand how difficult accomplishing a sale is. During our initial conversation sellers almost always tell me that they want a “quick sale.”  They come to the conclusion that their home is ‘special’ with views of the Paphos coast, sea or mountains, is renovated, upgraded with all the bells and whistles and is priced correctly so they assume it should be no problem to sell.  Now all I need to do is wave my magic wand and SHAZAAM!! Here you go, sir, exactly what you ordered; the perfect buyer for a “quick sale.” However, they don’t realize I get a new and ‘special’ listing every day. There must be at least 100 homes for every buyer. So, with that figure sellers need to re-do their math and take into account some other factors such as:



If title deeds are available, purchase them! There are many buyers that won’t even look at your home without them. 





Sign on with a reputable, professional and knowledgeable agent and make sure the company has all information needed to sell your home such as title deeds (if available), floor plans, keys or pass code to get in and place a “for sale” board.  





Don’t allow the builder to be your sole agent in selling your re-sale. They already sold it to you once and they concentrate on off plan and new builds so don’t kid yourself! They will overprice it to make another giant profit from you.





Price it realistically. If you really need to sell you may even lose money in the current market. Unfortunately many sellers bought property in the last few years and grossly overpaid.





If your home does not have “curb appeal” potential buyers may not even want to look inside. Even if you do not live in the home make sure the home is maintained. Do some basic cosmetic upgrades: plant pretty, nice smelling flowers, keep the pool clean, if you have a pigeon, insect or rodent problem take care it ASAP! Paint if there are patches or crack since many Cyprus homes are not damp proofed and it shows. Make sure there are no unruly vines or weeds in the garden. You don’t want a buyer to arrive at your property to a jungle of a garden swarming with flies or wasps! 





Depersonalize and stage your home if possible. Many buyers don’t have a wide scope or vision of what a home can look like. A home cluttered with personal effects is difficult to sell as a buyer can not see it as their own. .Eliminate as much clutter, family photos and other personal belongings as possible.





Keep in touch with your agent, seller if possible, lands office and attorney so that the sale progresses and if there are any problems you can rectify it right away. Many times, sales fall through after months of negotiation and work because the buyer has had time to reconsider or just back out because it has just taken too long to close the sale.   





Lastly, don’t take your home off the market until a substantial deposit has been placed! You can lose out on other serious buyers if the sale falls through.     



If you have done all of the above, well done! Sit back and enjoy the Cyprus sun!



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Holiday Villa In Paphos Cyprus, A Great Investment

Adrian Jones asked:


Have you ever looked up the weather forcast for Paphos Cyprus? If the answer is “no” then we recommend that you take a look at it now. You will see that the weather is wonderful, hot and absolutely perfect for sunning yourself in your holiday villa in Paphos, Cyprus has around 320 days of sunshine per year.

Property is relatively cheap and flights are almost being given away so now is the ideal time to fly over and take a good look at Cyprus property for sale. Don’t wait too long, as prices are predicted to rise within the next couple of years and you could miss out on a fantastic bargain. Investing in a holiday villa in Paphos Cyprus could leave you stunned at its value and coupled with the great weather forcast for Paphos Cyprus, you will not believe your luck. Cyprus in a villa is a wonderful life.

Living in Cyprus is good for your health, the food is so fresh it is usually picked the same day it is on sale, the Mediterranean diet is one of the best in the world so that is an added bonus. Sunshine is in abundance, although it can become extremely hot on the coast during the summer months, but a quick dip in the pool of your holiday villa in Paphos Cyprus or the Med will soon cool you down. You could always start your day with a swim; this will set you up for the rest of the day. Wonderful, what a life.

Paphos is located on the Western side of the Island and the beaches are wonderful, why not take in a cruise on a glass bottomed boat and see for yourself. Paphos has its own castle which guards the harbour entrance and can be reached by a small stone bridge, you can climb up to the roof for some unrivalled views over the town and port, and this is worth doing as the views are out of this world. If you are feeling energetic, who not take a beach walk 10 kilometres up the coast to the Mavrokolymbos valley, the 600 metre crescent shaped headland, or follow the signs to the Mavrokolymbos Reservoir where you will find a ten metre high waterfall cascading into the “Baths of Adonis”

Why bother cooking in your holiday beach villa in Paphos. Cyprus is renowned for its food and Commandaria wine, so why not take a well earned break from the monotony of cooking and visit one of the many restaurants or meze houses around the town. Make sure you go hungry as the portions are huge. Why not take a leisurely stroll along the beach after your meal and gaze up at the stars, the night sky is beautiful and so clear you could almost see through the sky into the beyond.

Book yourself a flight and come and have a good look for your dream holiday villa in Paphos Cyprus, we are sure you will fall in love with the beauty of the Island, it is impossible not to, sitting in your holiday beach villa in Paphos, Cyprus will be almost idyllic.

Living in Cyprus in a villa may not be a pipe dream for much longer, prices are low, the flights are cheap and the weather forcast for Paphos Cyprus is hot. What more could you ask for?



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Villas In The Sea Caves Area Of Paphos Are Great Value

Kate Deas-Smith asked:


Do you know where you can have the best address in Cyprus? Grab yourself a map of Paphos Cyprus and take a look at the sea caves area. Cyprus property for sale in the region shows many villas in the Sea Caves area of Cyprus and they are very sought after. This is one of the most beautiful coastlines on the Island and is rugged and totally natural.

Prices of villas in the Sea Caves area in Cyprus will vary according to requirements regarding your individual taste, if you are looking for a simple villa the obviously the cost will be lower but if you are looking for villas in the Sea Caves area of Cyprus that are pure decadence, then they are available. Cyprus property for sale is great value so your idea of prices of luxury villas in the Sea Caves area Cyprus could be way too high. Look on the internet for “Cyprus property for sale”, even type in on a search engine, “villas Sea Caves area Cyprus” and look at what comes up, you will be amazed when you see the prices. Villas in the Sea Caves area of Paphos are close to the beach and local amenities but far enough away to allow your privacy.

There is plenty to see and do within the local area; there are water sports in abundance but if that is too energetic why not take a trip to Paphos Bird Park or even the snake farm. There is a huge water park nearby which has some of the best slides that we have ever seen. There is history in abundance around the local area as it is a World Heritage site. If you are looking for a more sedate pastime there are many restaurants and local tavernas around the harbour with its Venetian castle which will provide you with a wonderful evening, possibly the most romantic setting on the whole Island.

If you take a look at a map of Paphos you will see that within a 20 minute drive you could be in the mountains which are always a few degrees cooler in the summer, this is most welcome when the temperatures on the coast reach high 30’s. The mountainous areas are gorgeous and you can find some beautiful shaded areas amongst the pine trees, wonderful for a picnic or just a lazy snooze.

Close by you will find Lara Bay. Marine turtles are close to extinction with only around 500 nesting females left in the entire Mediterranean, the situation of the Green Turtle is especially dramatic. As adults, female turtles return for nesting to the beaches where they hatched therefore Lara Bay is a conservation area dedicated to the turtles. In season it is possible to watch the turtles come to the beach to lay their eggs, and you can volunteer to help at the Lara Beach Turtle Station.

Take a few moments to have a look a map of Paphos in Cyprus, you will find it on the Western side of the Island. Now take a look at any search engine for the Sea Caves area in Cyprus and you will see what we mean about beauty and best addresses. Book a cheap flight from UK to Cyprus and come and take a look for yourself.



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Property in Cyprus Investment Market

Steven Clarke asked:


Individuals looking for a retirement home or second home overseas may find their answer in a property in Cyprus. The property in Cyprus market has been booming for the last five years, but is the bubble about to burst, or can continued growth be expected?

Foreign investment in property in Cyprus has dropped in recent months as a result of the ‘credit crunch’ and a strong Euro. However, despite the fact that the pricing of property in Cyprus is strongly dependent on the level of foreign investment, there is strong potential for growth in the both the North and South of the island.

A major factor driving demand is that the island of Cyprus is serviced by at least three different airports, with international flights accepted at Larnaca International, Nicosia and Paphos. This has prompted low cost air carriers to open negotiations to establish new routes to Cyprus. Increased budget air travel can be expected to drive visitor numbers in the years ahead, 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 subsequent rises in property prices and rental values.

Additionally, the climate is a major attractor to visitors to the island. Like many other Mediterranean locations, Cyprus has a temperate climate that provides warm sunny winter days as well as a guarantee of long hot summers, with temperatures that can be expected to reach 30 degrees centigrade. This means that there is visitor demand for rental of property in Cyprus all year around.

What is more, winter rainfall ensures that the island is lush, green and verdant for winter, spring and early summer. All property in Cyprus can be guaranteed to be within easy reach of an area of outstanding natural beauty, including vineyards, mountain ranges and beautiful coastlines.

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 between a location that provides miles of undeveloped seafront locations, or a location with beaches that are near to established lively tourist areas such as Ayia Napa, which is more ideally suited to service the demand provided by the young adult and family holiday markets.

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. However, there are a number of political issues that a potential purchaser of a property in Cyprus must take into consideration when making an investment decision.

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 by international authorities.

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 property in Cyprus.

Whilst the ‘North - South’ divide is reflected in prices of property in Cyprus, 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 a long term resolution of the dispute that has divided Cyprus into its northern and southern regions.

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 before making a final decision to go ahead.



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Northern Cyprus Property for Sale

SarahC asked:


The Cyprus property market has seen plenty of success because of the sheer glamour of the island, which is the third largest in the Mediterranean. You may prefer the coastal resorts of Limassol and Paphos, while others might prefer the secluded village life. Britons are flocking to Cyprus to make an overseas property investment, an industry expert has revealed.  If you are seeking a Limassol villa for sale we have some outstanding properties in that area.

Now that the Green Line is open, it’s finally possible to experience Cyprus as a whole. After 30 years of separation, the two sides are mixing again - spend the night at the thumping clubs of Agia Napa in the South, then laze the day away on the deserted beaches of the Karpaz Peninsula in the North.

One of the biggest attractions that the island has for Europeans is the fact that they can live and work freely, and this ability has contributed to the large expat populations on the island. Some even call Cyprus mini-Europe as the main towns have been developed to resemble those left back home by the migrants. There is an abundance of properties on the market including beautiful houses, villas and apartments, either as a new home or for vacations. For those who like the area and would like to buy or rent a Paphos villa for sale we have a wide range of homes and property for sale.

As there is plenty to see and do in Cyprus car hire is a commended need that will make your holiday much comfortable. With the weather forecast check and a handy map of Cyprus to add you are free to cross the island all over, explore sandy beaches and enjoy picturesque scenery on your holidays.

Cyprus has an open, free-market, services-based economy with some light manufacturing. Cyprus’ accession as a full member to the European Union as of May 1, 2004, has been an important milestone in its recent economic development. The Cypriots are among the most prosperous people in the Mediterranean region. Internationally, Cyprus promotes its geographical location as a “bridge” between three continents, along with its educated English-speaking population, moderate local costs, good airline connections, and telecommunications.



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Buy Property In Peyia And Own A Piece Of Paradise

Adrian Jones asked:


Imagine a peaceful place where you are surrounded by tranquility and beauty. Cultural and historical atmosphere is everywhere. Now wouldn’t it be great to buy a holiday home there? You might want to buy property in Peyia. The village of Peyia, just off the western coastline of southern Cyprus, is a great place to start your home search. Making the decision to buy Cyprus property is a great investment that is sure to bring you happiness for a long time.

The Greeks of ancient times believed that Aphrodite was born in Cyprus, which made her birthplace the epicenter of beauty and love. In modern times, if Cyprus is, as considered by many to be the Mediterranean’s finest jewel, then Peyia is a diamond in the collection. Peyia is a small town, but is one of the most photogenic places in the world. It’s just a short drive from Coral Bay and Paphos, busy towns with all modern amenities.

People who want to buy homes in Cyprus won’t find a better place to consider than Peyia. Not only is it in a breathtakingly beautiful setting, but it has the relaxed feel of a small town. You can drink coffee in a cafe and admire the view without being pressured to move on. You’ll meet friendly locals and get a chance to become part of the community. If you like action and adventure, you can find opportunities for sea kayaking, hang gliding, and other sports. If you’re interested in the past, Peyia and surrounding areas have a rich history; you can visit ancient Christian sites and Roman tombs. After dark, you can enjoy the famous nightlife of the Mediterranean area, including great food, great music and great conversation. If you have ever looked at Cyprus properties for sale when visiting the island, then you will certainly know that it is a good idea to buy property in Peyia.

Buying and owning your own home has many advantages over renting. For one, you will be able use your own home as you see fit, without regard to restrictive rental agreements. You can feel relaxed and comfortable vacationing in your own villa, and the best thing is, you can pack it up and head off to your vacation home any time you wish. It’s a good idea to buy homes in Cyprus because tourism experts say that trend is growing and is not likely to stop. People who have bought Cyprus properties recommend Peyia as one of the best places to look. It’s about a half hour drive from Paphos airport and the busy spots of Paphos and Coral Bay are just a brief trip away with all the services or luxuries that one could want. Because of the many tourists that flock there (and this number is increasing every year) holiday homes continue to increase in value. The chance to buy or sell Cyprus property comes up all the time, because of the popularity of the island with people either looking for a Cyprus holiday home, or just a good investment opportunity.

Most English-speaking tourists appreciate that the area has significant British influence; after all, even though Greek is the official language, English is understood by most everyone, as it’s part of the general school curricula. It’s outstanding that one can explore an island in the Mediterranean at his or her leisure without fear of getting lost: both the official language and English are used on every street sign! Because of these reasons as well as offering a seemingly more real experience than big corporate resorts nearby, Just one holiday enjoying all that Peyia has to offer, is all it takes for the penny to drop with potential buyers. They soon see the advantages available if they buy Cyprus property in this area.

A buyer will only have to spend one holiday immersed in all that this town has to offer to know that it’s a great place to buy Cyprus property. Choosing to buy property in Peyia will make an owner happy for many years, safe in the knowledge that they will be able to enjoy their property and be assured that they will be able to sell it and make a profit when they choose to do so. When looking for Cyprus properties for sale it would be an idea to check out a few of the estate agencies that buy sell Cyprus property, they know the ins and outs of Cyprus property transactions and can make life easy for sellers and buyers alike.



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Buying Property in Cyprus, the Correct Time to Buy

Stavros Papadouris asked:


The Sea and the Sun are the first images anyone has when thinking of buying property in Cyprus. Further more Cyprus is an Island with a great history and warm loving people. Cyprus falls into a European standard of living yet living expense is less than that of most of Europe making the dream of buying property in Cyprus a reality. Everyone wants a dream holiday home in the sun and there are few better places than Cyprus, especially when it comes to winter and summer destinations. Even in mid winter the average maximum temperature is 16 degrees, giving a welcome respite to visitors from the cold of northern Europe.

Buying property in Cyprus can be a very pleasant and stress free experience. As in many other EU countries buying property in Cyprus is a very easy and straight to the point procedure. As long as you hire a lawyer that is specialized in real estate matters you have nothing to worry about.

Buying property in Cyprus is an excellent investment especially for those who want a holiday home or an investment property.  Ever since Cyprus became a complete member of the EU it’s economic growth has progressed steadily, resulting in it’s rising popularity.

If you are thinking of buying property in Cyprus now is the time to do it. 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.

While buying property in Cyprus is an attractive option, there are certain legal and other procedural aspects, which need to be kept in mind; Loans and Mortgages. Banks in Cyprus have more or less the same policies. As long as you can contribute around 25-30% of the selling price and your net monthly income is by two times bigger than the proposed monthly dosage you can secure a mortgage for buying property in Cyprus.

When buying property in Cyprus take also in consideration the extra costs you will have to face like the Lawyer’s fees, Stamp duties and Transfer fees. Even though these costs are lower than many other European Countries it is good to have them in mind when setting your budget for buying property in Cyprus.



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Cyprus Property. for Permanent Living, Holiday Home or Investment

Stavros Papadouris asked:


Cyprus property is one of the most beautiful in the Mediterranean area which is one of the reasons it is in such high demand. Cyprus is an Island with a great history and warm loving people. Cyprus falls into a European standard of living yet living expense is less than that of most of Europe.

Cyprus property is especially interesting to foreign investors looking for a good safe return on their investment. Cyprus property developers offer a large inventory of properties in a variety of different locations to choose from.

Buying property in Cyprus has always been a sound investment and holiday property in particular continues to make fabulous returns on the money invested. Property prices are still lower than in many other European countries. Cyprus property for sale has very recently become an exciting investment opportunity as the country entered the European Union on May 1st 2004. Cyprus will also feel comfortably familiar to anyone as English is widely spoken.

The Cyprus property market is supported by a very stable economy and general infrastructure and in Cyprus a long established and transparent property buying system offers Cyprus property buyers a safe and secure property purchase.

Cyprus property is therefore an ideal prospect for anyone planning to purchase a holiday home abroad. Cyprus property is available to suit a wide range of investment budgets. Cyprus property is also available close to the 3 championship golf courses, and with permission having been granted for another 10 courses, a golf property in Cyprus could be of interest to those looking for a good investment. Cyprus property is a fantastic investment opportunity as the Island is in the middle of a huge property boom.



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Cyprus Property Owners Win

Cleo asked:


Selling a property in Cyprus for which individual title deeds exists is a fairly simple procedure. Besides the seller and the buyer and most likely their legal representatives, no involvement is required by the builders or developers. In Cyprus there are 2 basic different types of properties, those that have their own separate title deed and those that form part of a development pending the completion of the development and the completion of the subdivision.

When someone wishes to sell a property for which no separate individual deed exists, the correct way is to have his contract with the developers or builder cancelled then the new buyers need to sign a fresh contract with the developers or builders. As a matter of practice this requires that the first buyer settles any obligations towards the developers or builders, as well as any capital and other taxes relating to the possession of the property and possible gain that he may make from the sale.

What a lot of people do not know when they buy a property without individual title deeds is that the developers or builders will require a payment of a fee, usually called the cancellation fee. This fee varies from company to company and it could be any amount. The recent practice followed by the developers/ builders in Paphos, is to get the equivalent amount the original owner (seller) should be paying as transfer fees if he had wanted to proceed and transfer the deeds in his name. The greed of the developers and builders does not stop at this. Recently many companies are claiming this cancellation fee, despite the fact that their contracts state clearly, that no cancellation fees should be paid, if the buyer decides to sell, before the deeds are made available.

One of these cases, probably the first one in the Paphos district court history was taken to court in 2007 and was successfully completed with the issue of a judgment against the developers for the refund of the cancellation fee. The case concerned a couple from the U.K currently living in Paphos. The case was brought to the court against one of the biggest developers in Cyprus. The court case was concluded successfully in favor of the plaintiffs with cost. Since the decision, many other lawyers are trying to do the same for their own clients.

Cleo is the owner of Cyprus marketing solutions Ltd. a Paphos based company providing proven internet marketing solutions specializing in selling property in Cyprus to families relocating and buying property in Paphos district and surrounding area.



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