• Apartment For Sale in Androlíkou

    Apartment For Sale in Androlíkou

    Apartment For Sale in Androlíkou

    There are a fantastic selection of high-end Apartment For Sale in Androlíkou with some of the most spectacular homes in the Mediterranean right within your reaches. Here at Unique Living we pride ourselves on being in touch with the regional realty market, using access to 100% of the property marketing that includes the finest and most Apartment For Sale in Androlíkou

    Androlíkou located in Paphos and Paphos is thought about to be the capital of Cyprus’ western area and includes two locations, the coastal resort area, Kato Paphos, and the town itself, Pano Paphos. Both areas have become highly regarded for their special property offerings, with upscale vacation homes and classy houses available to own. For this reason Paphos is showing popular for those looking to transfer to warmer climates.

    In the mid to late 1970s, there was the start of an economic upturn in the Kato Paphos area due to a sharp increase in tourist. This has caused many lavish resorts emerging throughout the region, consisting of the palatial beachfront properties along Coral Bay and Sea Caves, Cap St Georges and premier golf resorts like Aphrodite Hills, areas that are extremely popular with global property purchasers.

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    Paphos property market– where to purchase and what you’ll pay

    Apartment For Sale in Androlíkou 1

    Paphos and the west of Cyprus has actually bewitched numerous a worldwide buyer, particularly those of us from the UK. But where’s hot in Paphos in 2020, which are the best places to purchase and what will you pay? We spoke with Dylan Maratheftis of West Coast Property to learn more.

    Paphos has actually long been popular with British purchasers, and it’s easy to see why. You’ve got wonderful beaches, from favourites like Coral Bay to more secluded alternatives outside of the city on the Akamas Peninsula. In Paphos itself and the surrounding towns and towns, you have plenty of exceptional tavernas, bars and dining establishments, and Paphos Airport has regular flights year-round back to the UK.

    Apartment For Sale in Androlíkou

    And there’s great news for anyone wanting to buy over here– as Dylan tells us, it’s a great time to purchase.

    Buying ahead of the curve

    ‘ There has been a change in the market due to currency change,’ Dylan states, ‘however it is still a purchaser’s market. In general, we have actually seen a slight boost in rates over the last two to three years. With that being stated, Paphos is still among the very best value-for-money locations for property buyers or investors. We are still no place near the property prices prior to the financial crisis of 2013, so you could actually be getting in ahead of the curve here. When it comes to the future, we anticipate there to be plenty more advancements turning up, however also an increase in the resale market with the brand-new builds of the past couple of years.’

    Prices differ depending on the area and property, as anywhere, but you can generally be guaranteed of better worth than back in the UK. Dylan informs us, ‘in general, one-bedroom apartment or condos begin with EUR80,000, two-bedroom houses start from EUR120,000, while townhouses begin at around EUR140,000 and rental properties at EUR200,000.’ When it comes to additional costs, Dylan recommends to budget around 2.5-6%, with add-on expenses on average being around the 4% mark.

    As for bonus, if you’re looking at a property with a pol, expect maintenance and so on to be around EUR100 a month. It’s not a should– ‘Paphos has a number of terrific blue-flag beaches within brief distances. There are also many developments that have the benefit of communal pools, so you do not have the private duty of preserving it, but all the benefits of being able to utilize it!’

    Where are the very best places to look in Paphos?

    For more cost effective spending plans, such as the EUR80,000 to EUR100,000 variety, Dylan advises Mandria, Chloraka and Peyia. Mandria is to the east of Paphos, about equidistant to the city itself and Pissouri, with the airport in close reach. Chloraka is perfect if you’re looking to be a bit better to the town, and desire a bit more of a buzz.

    Strong returns for buy-to-let financiers

    Paphos’ status as one of the tourism capitals of the island ensures a resilient market for anybody looking to blurt their home, whether as a full-time rental or if you’re looking to blurt your holiday house while you’re not using it. As Dylan tells us, ‘financiers wanting to accomplish great returns are usually purchasing one- to two-bedroom apartments and are searching for a roi of anything from 4% to 10%. Investment is not just about the financial returns; we likewise have citizenship clients who are seeking an EU citizenship, for which they invest upwards of EUR2,000,000. Surprisingly, we have had a few British citizens in this bracket seeking to keep their EU status with Brexit now pushing ahead’.

    For additional info about in Cyprus, and if you want to be connected to expert estate agents in Cyprus, simply complete our enquiry form below and our free Resource Centre will be in touch.

    Paphos and the west of Cyprus has actually bewitched lots of a global purchaser, particularly those of us from the UK. Where’s hot in Paphos in 2020, which are the finest locations to buy and what will you pay? In Paphos itself and the surrounding villages and towns, you have plenty of excellent tavernas, bars and restaurants, and Paphos Airport has routine flights year-round back to the UK.

    With that being said, Paphos is still one of the best value-for-money locations for property buyers or financiers. Paphos’ status as one of the tourist capitals of the island ensures a resilient market for anyone looking to let out their home, whether as a full-time leasing or if you’re looking to let out your vacation house while you’re not using it.

    The Paphos location guide

    Things to do

    The famous birth place of the Greek goddess Aphrodite, Paphos offers sea views and magical ruins straight out of ancient mythology. Located on the island of Cyprus, Paphos is divided into two main sections that are linked by a central roadway.

    Lower Paphos or Kato Paphos, is the primary traveler centre, with a palm tree-lined seafront fringed with dining establishments, hotels and bars. Beyond the busy bars and nightlife of the tourist strip, you’ll discover a relaxing boardwalk and quiet backstreets dotted with historic churches and intriguing shops. It’s also home to the Paphos Archaeological Park, which is well worth visiting for its centuries of artefacts and ruins.

    The old centre of Paphos is called Ktima and it is the industrial centre of the city where the locals live. Here you’ll find unspoiled colonial buildings together with contemporary stores and museums.

    The Paphos Archaeological Park is one of the city’s most popular attractions and is situated near to the harbour. The Tombs of the Kings is another star archaeological destination, as is the Paphos Fort positioned at the marina’s tip.

    With a bright climate and attractive natural features, there’s likewise lots of outside recreation to enjoy in Paphos. Visit the Aphrodite Water Park to keep children of any ages happy, or visit the Pafos Zoo to spot vibrant wildlife in a lush setting. The seaside course extends from the Tombs of the Kings to Geroskipou Beach, offering sweeping views of the Mediterranean for walkers. Sailing, fishing, white wine tasting, and playing golf are also popular pastimes in Paphos.

    Places to eat

    With a big expat population and busy traveler trade, there’s a wide choice of worldwide food offered in Paphos. This ranges from the normal junk food joints, such as McDonalds, to gourmet dining at a lot of the resort dining establishments in the area.

    A highlight of Paphos’ dining scene is its traditional tavernas, which serve local white wine and a full meze spread. Tyrimos Seafood Dining establishment is a local favourite for fresh seafood, dishing out squid meals and a romantic old world environment.

    Seven St Georges is the go-to destination for meze, with inventive courses based on seasonal schedule. You’ll discover whatever from wild asparagus to homemade sausages on the different plates, consisting of a wealth of meatless choices.

    Shopping

    Major shopping center include The Paphos Shopping center and Kings Opportunity Shopping mall, both filled with small stores in addition to larger worldwide trademark name. Grocery stores in town include Orphanides Express, Carrefour and Papantoniou, while Debenhams, the British department store, has an outlet here.

    The harbour area includes rows of independent traveler shops, which are good places to discover locally made handicrafts, consisting of detailed jewellery, leather products, lace, pottery, and embroidery. Head to Nikodimou Mylona Street for designer stores featuring the current styles.

    Getting there & around

    Paphos International Airport serves the city. It’s small, it uses routine services from a number of airline companies, including charter flights from UK trip operators.

    The Larnaca airport is an appropriate alternative option and is only a half and an hour away. Per hour bus services link Paphos Airport with Kato Paphos during the summer season high season. As soon as you have gotten here in Paphos, transportation is fairly simple as there are plentiful taxi services.

    Both Kato and Ktima Paphos are small enough to explore on foot, and bus services connect the two halves of the city. OSYPA is the public transport operator in Paphos, with a newly constructed bus station near the harbour.

    This is also the station that supplies the main connections to all close-by cities and residential areas, along with popular websites such as Aphrodite’s Rock. Donkey trips are available for much shorter ranges if you’re looking for an unique method to check out the location.

    Lower Paphos or Kato Paphos, is the main traveler centre, with a palm tree-lined seafront fringed with hotels, bars and restaurants. It’s also home to the Paphos Archaeological Park, which is well worth going to for its centuries of artefacts and ruins.

    The Paphos Archaeological Park is one of the city’s most popular tourist attractions and is located near to the harbour. Hourly bus services link Paphos Airport with Kato Paphos during the summertime high season. When you have arrived in Paphos, transport is relatively straightforward as there are plentiful taxi services.

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    Learn More About Androlíkou – WikiPedia

    About Cyprus – WikiPedia

    Cyprus was placed under the UK’s administration based on the Cyprus Convention in 1878 and was officially annexed by the UK in 1914. While Turkish Cypriots made up 18% of the population, the partition of Cyprus and development of a Turkish state in the north ended up being a policy of Turkish Cypriot leaders and Turkey in the 1950s., the incorporation of Cyprus into Greece.

    Archaeological remains from this duration consist of the unspoiled Neolithic village of Khirokitia, and Cyprus is home to some of the oldest water wells in the world. Cyprus was settled by Mycenaean Greeks in 2 waves in the 2nd millennium BC. Cyprus was positioned under the UK’s administration based on the Cyprus Convention in 1878 and was formally annexed by the UK in 1914. While Turkish Cypriots made up 18% of the population, the partition of Cyprus and creation of a Turkish state in the north ended up being a policy of Turkish Cypriot leaders and Turkey in the 1950s., the incorporation of Cyprus into Greece.

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