• Commercial Property For Sale in Kato Akourdhalia

    Commercial Property For Sale in Kato Akourdhalia

    Commercial Property For Sale in Kato Akourdhalia

    There are a terrific choice of high-end Commercial Property For Sale in Kato Akourdhalia with a few of the most stunning residential or commercial properties in the Mediterranean right at your fingertips. Here at Unique Living we pride ourselves on being in touch with the regional property market, offering access to 100% of the property marketing that includes the finest and most Commercial Property For Sale in Kato Akourdhalia

    Kato Akourdhalia situated in Paphos and Paphos is considered to be the capital of Cyprus’ western region and includes two areas, the seaside resort area, Kato Paphos, and the town itself, Pano Paphos. Both areas have actually become extremely regarded for their exclusive property offerings, with upscale villas and classy homes readily available to own. For this reason Paphos is proving popular for those looking to transfer to warmer environments.

    In the mid to late 1970s, there was the start of an economic upturn in the Kato Paphos location due to a sharp boost in tourism. This has actually led to 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, places that are extremely popular with international property purchasers.

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

    Commercial Property For Sale in  Kato Akourdhalia 1

    Paphos and the west of Cyprus has actually bewitched numerous a worldwide purchaser, especially those of us from the UK. Where’s hot in Paphos in 2020, which are the finest locations to purchase and what will you pay? We talked to Dylan Maratheftis of West Coast Property to find out more.

    Paphos has long been popular with British buyers, and it’s simple to see why. You’ve got wonderful beaches, from favourites like Coral Bay to more remote options outside of the city on the Akamas Peninsula. In Paphos itself and the surrounding towns and towns, you have a lot of exceptional tavernas, bars and restaurants, and Paphos Airport has routine flights year-round back to the UK.

    Commercial Property For Sale in Kato Akourdhalia

    And there’s excellent news for anyone seeking to purchase over here– as Dylan informs us, it’s a fun time to buy.

    Buying ahead of the curve

    ‘ There has actually been a modification in the market due to currency fluctuation,’ Dylan says, ‘but it is still a buyer’s market. In general, we have actually seen a small boost in prices over the last 2 to 3 years. With that being said, Paphos is still one of the very best value-for-money areas for property purchasers or investors. We are still no place near the property costs before the financial crisis of 2013, so you might actually be getting in ahead of the curve here. When it comes to the future, we anticipate there to be plenty more advancements showing up, however also an increase in the resale market with the new builds of the past couple of years.’

    Prices differ depending upon the place and property, as anywhere, however you can generally be ensured of far better worth than back in the UK. Dylan tells us, ‘in general, one-bedroom apartments begin with EUR80,000, two-bedroom apartment or condos start from EUR120,000, while townhouses begin at around EUR140,000 and villas at EUR200,000.’ When it comes to additional expenses, Dylan advises to spending plan around 2.5-6%, with add-on expenses usually being around the 4% mark.

    When it comes to extras, if you’re taking a look at a property with a pol, anticipate upkeep and so on to be around EUR100 a month. Nevertheless, it’s not a should– ‘Paphos has a number of fantastic blue-flag beaches within brief distances. There are also numerous developments that have the advantage of common pools, so you don’t have the individual obligation of maintaining it, however all the advantages of being able to use it!’

    Where are the best places to search in Paphos?

    Much of the most popular areas, like Kato Akourdhalia, Universal, will see slightly higher prices. For more affordable spending plans, such as the EUR80,000 to EUR100,000 variety, 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. It has a number of excellent dining establishments and has actually seen a fair quantity of new advancements over the last few years. Chloraka is perfect if you’re looking to be a bit better to the town, and want a bit more of a buzz. Peyia, on the other hand, is a bit additional inland and perfect for access to the Akamas Peninsula.

    Strong returns for buy-to-let investors

    Paphos’ status as one of the tourism capitals of the island assures a buoyant market for anyone looking to let out their home, whether as a full-time leasing or if you’re looking to let out your holiday home while you’re not using it. As Dylan tells us, ‘financiers looking to attain great returns are generally buying one- to two-bedroom homes and are looking for a return on investment of anything from 4% to 10%.

    For additional info about in Cyprus, and if you wish to be connected to expert estate agents in Cyprus, merely fill out our query kind below and our free Resource Centre will be in touch.

    Paphos and the west of Cyprus has bewitched many an international purchaser, 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 villages and towns, you have plenty of exceptional tavernas, bars and restaurants, and Paphos Airport has regular flights year-round back to the UK.

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

    The Paphos area guide

    Things to do

    The well known birthplace of the Greek goddess Aphrodite, Paphos offers sea views and mystical ruins straight out of ancient mythology. Found on the island of Cyprus, Paphos is divided into two main sections that are connected by a main road.

    Lower Paphos or Kato Paphos, is the main tourist centre, with a palm tree-lined seafront fringed with hotels, restaurants and bars. Beyond the bustling bars and night life of the tourist strip, you’ll find a relaxing promenade and peaceful backstreets dotted with historic churches and interesting stores. It’s likewise house to the Paphos Archaeological Park, which is well worth checking out for its centuries of artefacts and ruins.

    The old centre of Paphos is known as Ktima and it is the industrial centre of the city where the residents reside. Here you’ll discover unspoiled colonial structures along with modern-day stores and museums.

    The Paphos Archaeological Park is one of the city’s most popular destinations and is located near to the harbour. The Tombs of the Kings is another star historical attraction, as is the Paphos Fort situated at the marina’s idea.

    With a bright environment and attractive natural functions, there’s likewise plenty of outside recreation to enjoy in Paphos. Cruising, fishing, white wine tasting, and playing golf are likewise popular pastimes in Paphos.

    Places to consume

    With a big expat population and bustling traveler trade, there’s a wide choice of international cuisine readily available in Paphos. This varies from the common fast food joints, such as McDonalds, to premium dining at a number of the resort dining establishments in town.

    An emphasize of Paphos’ dining scene is its standard tavernas, which serve local wine and a complete meze spread. Tyrimos Seafood Restaurant is a regional favourite for fresh seafood, providing squid dishes and a romantic vintage atmosphere.

    7 St Georges is the go-to destination for meze, with innovative courses based on seasonal accessibility. You’ll find whatever from wild asparagus to homemade sausages on the different plates, including a wealth of meatless options.

    Shopping

    Major shopping center consist of The Paphos Shopping center and Kings Opportunity Shopping center, both filled with little stores as well as larger global brand names. Supermarkets in the area consist of Orphanides Express, Carrefour and Papantoniou, while Debenhams, the British outlet store, has an outlet here.

    The harbour location includes rows of independent traveler shops, which are great locations to find in your area made handicrafts, including detailed jewellery, leather products, embroidery, pottery, and lace. Head to Nikodimou Mylona Street for designer shops featuring the latest styles.

    Getting there & around

    Paphos International Airport serves the city. It’s little, it uses regular services from a number of airlines, consisting of charter flights from UK trip operators.

    The Larnaca airport is a suitable alternative option and is just a half and an hour away. Hourly bus services connect Paphos Airport with Kato Paphos during the summertime high season. Once you have shown up in Paphos, transportation is relatively straightforward as there are plentiful taxi services.

    Both Kato and Ktima Paphos are little adequate to check out on foot, and bus services link the two halves of the city. OSYPA is the public transportation operator in Paphos, with a recently constructed bus station near the harbour.

    This is also the station that offers the main connections to all nearby cities and suburbs, as well as popular sites such as Aphrodite’s Rock. If you’re looking for an unique way to check out the location, donkey flights are available for much shorter distances.

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

    The Paphos Archaeological Park is one of the city’s most well-known attractions and is located near to the harbour. Hourly bus services link Paphos Airport with Kato Paphos during the summer season high season. As soon as you have shown up in Paphos, transportation is fairly straightforward as there are abundant taxi services.

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    Learn More About Kato Akourdhalia – WikiPedia

    Kato Akourdhalia (Greek: Κάτω Ακουρδάλια) (alternative spellings are Kato Akourdalia or Kato Akourdaleia) is a village in the Paphos District of Cyprus, located 2 km northwest of Miliou.

    The name ‘Akourdhalia’ has several purported roots. The first is from the French ‘a cour de l’eau’, meaning “in the course of the water”, or ‘Au cœur de l’eau’ meaning ‘in the heart of water’ or ‘à cœur de lion’, meaning “with a lion’s heart”, which hearkens back to the time of the Kingdom of Cyprus where Provençal was spoken as well as Cypriot Greek. Another interpretation refers to the local dialect word ‘korda’, that has two possible meanings. The first is the long strong rope made in the village and the second, for wild garlic which grows in abundance in the surrounding fields. Nearchos Klerides, who extensively researched the origins of names of towns and villages in Cyprus, believed in the “string” interpretation of “korda” as a special belt that the villagers or the members of the Lusignan battalion wore around their waist. A final interpretation is the combination of two Greek words translating to ‘listen to the birds’. A point to note is that during the Venetian rule of Cyprus (1489 – 1571) the village is recorded under the name Quardia (the term meaning Garrison or Guard).

    On the outskirts of Kato Akourdhalia is a track which leads to the recently restored church of Agia Paraskevi which is said to date back to the 15th century. Originally, the church was full of frescoes but now most of them are faded or have totally disappeared. There is a stone altar inside with the remains of an old icon dedicated to the Virgin Mary.

    Amongst the traditionally-styled whitewashed houses nestling between almond trees, there is a small coffee shop in Kato Akourdhalia. Also to be found is what used to be the village manor house, which has a rich history dating back over a hundred years. The building has since been renovated and converted into a group of self-catering suites for holidaymakers with a restaurant downstairs offering traditional Cypriot cuisine.

    The Museum of Folk Art is situated high on the hillside in the old schoolhouse. The museum houses various interesting artefacts from years gone by, many of which were used to cultivate small areas of land with wheat, chickpeas and barley. There are hand ploughs with stout wooden shafts and several large metal sieves used for sifting the soil. There are traditional costumes too, and there are faded old photographs of the village men resplendent in their vrakas and stout leather boots and the women in dresses of striped hand-woven cotton with matching headscarves and large protective aprons. The villagers would wear these costumes for all big celebrations and would weave the cloth on large wooden looms like the one that stands proudly in the corner, as well as making colourful rugs for the walls and floors of their homes.

    Outside the museum, a traditional clay bread oven can be seen with its smaller side oven that is used to cook the popular local dish kleftiko, which is chunks of lamb that are baked slowly in terracotta pots with marjoram. Close by, stands a zivania still which was used at the end of the grape harvest to make the local variety of fire water. As well as making your head spin, zivania is also known for its medicinal properties. So you can either drink the stuff to forget about your aches and pains, or rub it into any sore areas – the end result is the same.

    Rupert Gunnis, describing the village in 1936, stated that:

    “The lower village… contains a ruined chapel dedicated to the Panagia. It is also known as the Church of the Hill Covered with Shrubs. A curious legend lingers in the village of a wealthy and eccentric Englishman who lived here in the early years of the nineteenth century, and his house is still pointed out by the villagers.”

    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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