• Commercial Property For Sale in Ármou

    Commercial Property For Sale in Ármou

    Ármou is considered as the most beautiful part of Paphos. We have Commercial Property for Sale in Ármou and the surrounding villages. Our properties vary from Luxury Beach homes, vacation rental properties, cottages for sale, as well as townhouses and good value one and 2 bed room homes. The centre of the area is the conventional market town of Ármou with its paved streets and numerous facilities. Close by are the beaches and the Marina at Latchi with its numerous fish dining establishments, and wide range of water sports activities. In the surrounding hills are many standard villages, frequently with a regional taverna where you can enjoy the Cypriot way of life.

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

    Commercial Property For Sale in  Ármou 1

    Paphos and the west of Cyprus has bewitched numerous a worldwide purchaser, particularly those of us from the UK. However where’s hot in Paphos in 2020, which are the best locations to buy and what will you pay? We spoke to Dylan Maratheftis of West Coast Property to find out more.

    Paphos has long been popular with British purchasers, and it’s easy to see why. You have actually got fantastic beaches, from favourites like Coral Bay to more remote options beyond the city on the Akamas Peninsula. In Paphos itself and the surrounding towns and villages, you have a lot of excellent tavernas, bars and dining establishments, and Paphos Airport has regular flights year-round back to the UK.

    Commercial Property For Sale in Ármou

    And there’s excellent news for anybody wanting to buy over here– as Dylan informs us, it’s a good time to buy.

    Purchasing ahead of the curve

    ‘ There has actually been a change in the market due to currency fluctuation,’ Dylan states, ‘but it is still a buyer’s market. With that being said, Paphos is still one of the best value-for-money areas for property purchasers or financiers.

    Costs differ depending on the location and property, as anywhere, but you can normally be assured of better worth than back in the UK. Dylan informs us, ‘in general, one-bedroom apartments begin with EUR80,000, two-bedroom apartments begin with EUR120,000, while townhouses start at around EUR140,000 and villas at EUR200,000.’ When it comes to extra expenses, Dylan advises to spending plan around 2.5-6%, with add-on expenses typically being around the 4% mark.

    As for extras, if you’re taking a look at a property with a pol, expect upkeep and so on to be around EUR100 a month. It’s not a need to– ‘Paphos has a number of great blue-flag beaches within short distances. There are also lots of developments that have the benefit of common pools, so you don’t have the specific obligation of keeping it, but all the advantages of having the ability to utilize it!’

    Where are the very best places to look in Paphos?

    For more inexpensive budgets, such as the EUR80,000 to EUR100,000 range, Dylan recommends 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 more detailed 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 assures a resilient market for anyone looking to let out their home, whether as a full-time rental or if you’re looking to let out your vacation house while you’re not using it. As Dylan tells us, ‘financiers looking to achieve good returns are usually buying one- to two-bedroom apartment or condos and are looking for a return on investment of anything from 4% to 10%.

    For additional information about in Cyprus, and if you wish to be linked to professional estate representatives in Cyprus, just fill in our enquiry kind listed below and our free Resource Centre will be in touch.

    Paphos and the west of Cyprus has actually bewitched numerous a worldwide buyer, especially those of us from the UK. Where’s hot in Paphos in 2020, which are the best locations to purchase and what will you pay? In Paphos itself and the surrounding towns 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 investors. Paphos’ status as one of the tourism capitals of the island guarantees 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 utilizing it.

    The Paphos area guide

    Tourist attractions and sights

    Paphos is a varied, lively city divided into 2 main sections. This includes Kato Paphos, or Lower, also Ktima Paphos, or Upper. The two areas are divided by a main highway and offer greatly various vibes.

    Kato Paphos is the prime location for regional tourist, based around a palm-fringed seafront. Here you’ll discover a number of the city’s leading resorts, bars and dining establishments, together with quieter backstreets and historical sites from the Roman to medieval ages.

    Kato Paphos is likewise home to among the city’s star destinations, the Paphos Archaeological Park, which offers incomparable access to ancient Roman ruins. Ktima Paphos, by contrast, is the modern-day business centre, with stores, museums and colonial structures.

    Positioned in Cyprus, Paphos uses a practical home to more travel throughout the attractive island. Referred to as the birthplace of Aphrodite, you’ll see sea and mountain landscapes that appear straight out of misconception.

    Paphos caters to all ages and interests, whether you’re interested in exploring Cyprus’ fascinating heritage and culture or merely unwinding on the beach. There are a number of enjoyable strolls in the area, including the coastal path which extends from Geroskipou Beach to the Tombs of the Kings historical site.

    In addition to the Tombs of the Kings, a highlight of at any time invested in Paphos is exploring the Archaeological Park. Its entryway is near the primary harbour and it holds a really remarkable collection of Roman artefacts and villas. Some of these can be dated to the 2nd century BC, consisting of detailed mosaics and an Odeon built from limestone bricks.

    Restaurants and cafes

    Whether you are yearning conventional Cypriot food or an Indian takeaway, you’ll be well-served with the substantial choice of internationally-influenced restaurants in Paphos.

    For a local dining experience, visit among the city’s standard tavernas. These offer a complete meze spread, normally sourced from fresh fish and seasonal produce, together with dry, light local white wine. One restaurant particularly popular amongst locals is Tyrimos Seafood Dining Establishment. The chefs in this old world restaurant put an emphasis on newly captured seafood, and you’ll discover whatever from squid to grilled fish served in wonderfully provided plates.

    Seven St Georges is a popular alternative for seasonal meze. They also offer a variety of meatless meze for those wanting to sample vegetarian Cypriot cuisine.

    Shops

    Fashion and craftsmen products can be discovered in Paphos’ diverse stores. For worldwide trademark name and a contemporary retail experience, check out the city’s primary mall. These consist of the Kings Opportunity and Paphos Shopping Center, which are both air-conditioned for your comfort.

    There’s a branch of the British outlet store Debenhams in Paphos, as well as large supermarkets such as Papantonious, Carrefour and Orphanides Express. Nikodimou Mylona Street is lined with designer stores, making it a fantastic choice for regional fashionistas.

    If you seek smaller sized, more customized shops, endeavor near the harbour to discover independent shops selling fine lace, pottery, embroidery, and leather products.

    Travel

    Travel links can vary somewhat depending on the season. Throughout the summertime, when tourism is in high gear, there are regular charter flights into Paphos International Airport and per hour bus services connecting the airport with Kato Paphos. The frequency of flights and buses reduces slightly during the winter season.

    Within Paphos, it’s possible to check out the city on foot for the most part, though bus services are readily available to connect Ktima and Kato Paphos. The local transport authority is OSYPA.

    There is a bus station near the central harbour, which provides connecting services to major destinations, consisting of Aphrodite’s Rock and all close-by residential areas. Cabs abound and donkey rides supply a special method to navigate the city.

    Paphos is a diverse, dynamic city divided into two main sections. This consists of Kato Paphos, or Lower, as well Ktima Paphos, or Upper. In addition to the Tombs of the Kings, a highlight of any time invested in Paphos is exploring the Archaeological Park. These include the Kings Opportunity and Paphos Mall, which are both air-conditioned for your convenience.

    During the summer months, when tourism is in high gear, there are regular charter flights into Paphos International Airport and per hour bus services linking the airport with Kato Paphos.

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    Learn More About Ármou – WikiPedia

    About Cyprus – WikiPedia

    Cyprus (), officially called the Republic of Cyprus, is an island country in the Eastern Mediterranean. It is the third largest and third most populous island in the Mediterranean, and is located north of Egypt; northwest of Lebanon, Palestine, and Israel; west of Syria; southeast of Greece; and south of Turkey.

    The earliest known human activity on the island dates to around the 10th millennium BC. Archaeological remains from this period include the well-preserved 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 two waves in the 2nd millennium BC. As a strategic location in the Eastern Mediterranean, it was subsequently occupied by several major powers, including the empires of the Assyrians, Egyptians and Persians, from whom the island was seized in 333 BC by Alexander the Great. Subsequent rule by Ptolemaic Egypt, the Classical and Eastern Roman Empire, Arab caliphates for a short period, the French Lusignan dynasty and the Venetians, was followed by over three centuries of Ottoman rule between 1571 and 1878 (de jure until 1914).

    Cyprus was placed 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 became a policy of Turkish Cypriot leaders and Turkey in the 1950s. Turkish leaders for a period advocated the annexation of Cyprus to Turkey as Cyprus was considered an “extension of Anatolia” by them; while, since the 19th century, the majority Greek Cypriot population and its Orthodox church had been pursuing union with Greece, which became a Greek national policy in the 1950s. Following nationalist violence in the 1950s, Cyprus was granted independence in 1960. The crisis of 1963–64 brought further intercommunal violence between Greek Cypriots and Turkish Cypriots, which displaced more than 25,000 Turkish Cypriots into enclaves and brought the end of Turkish Cypriot representation in the republic. On 15 July 1974, a coup d’état was staged by Greek Cypriot nationalists and elements of the Greek military junta in an attempt at enosis, the incorporation of Cyprus into Greece. This action precipitated the Turkish invasion of Cyprus on 20 July, which led to the capture of the present-day territory of Northern Cyprus in the following month, after a ceasefire collapsed, and the displacement of over 150,000 Greek Cypriots and 50,000 Turkish Cypriots. A separate Turkish Cypriot state in the north was established by unilateral declaration in 1983; the move was widely condemned by the international community, with Turkey alone recognising the new state. These events and the resulting political situation are matters of a continuing dispute.

    The Republic of Cyprus has de jure sovereignty over the entire island, including its territorial waters and exclusive economic zone, with the exception of the Sovereign Base Areas of Akrotiri and Dhekelia, which remain under the UK’s control according to the London and Zürich Agreements. However, the Republic of Cyprus is de facto partitioned into two main parts: the area under the effective control of the Republic, located in the south and west and comprising about 59% of the island’s area, and the north, administered by the self-declared Turkish Republic of Northern Cyprus, covering about 36% of the island’s area. Another nearly 4% of the island’s area is covered by the UN buffer zone. The international community considers the northern part of the island to be territory of the Republic of Cyprus occupied by Turkish forces. The occupation is viewed as illegal under international law and amounting to illegal occupation of EU territory since Cyprus became a member of the European Union.

    Cyprus is a major tourist destination in the Mediterranean. With an advanced, high-income economy and a very high Human Development Index, the Republic of Cyprus has been a member of the Commonwealth since 1961 and was a founding member of the Non-Aligned Movement until it joined the European Union on 1 May 2004. On 1 January 2008, the Republic of Cyprus joined the eurozone.

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