• Commercial Property For Sale in Káto Páfos

    Commercial Property For Sale in Káto Páfos

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    Property for Sale in Paphos

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

    Commercial Property For Sale in  Káto Páfos 1

    Paphos and the west of Cyprus has bewitched many a global purchaser, particularly those people from the UK. 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 great beaches, from favourites like Coral Bay to more remote choices outside of the city on the Akamas Peninsula. In Paphos itself and the surrounding towns and towns, you have lots of outstanding tavernas, bars and restaurants, and Paphos Airport has routine flights year-round back to the UK.

    Commercial Property For Sale in Káto Páfos

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

    Purchasing ahead of the curve

    ‘ There has actually been a modification in the market due to currency variation,’ Dylan says, ‘however it is still a buyer’s market. With that being said, Paphos is still one of the finest value-for-money locations for property purchasers or financiers.

    Costs vary depending upon the area and property, as anywhere, but you can normally be assured of better worth than back in the UK. Dylan tells us, ‘in general, one-bedroom apartments start from EUR80,000, two-bedroom houses begin with EUR120,000, while townhouses start at around EUR140,000 and vacation homes at EUR200,000.’ As for extra expenses, Dylan advises to budget plan around 2.5-6%, with add-on expenses on average being around the 4% mark.

    When it comes to extras, if you’re looking at a property with a pol, anticipate upkeep and so on to be around EUR100 a month. It’s not a need to– ‘Paphos has a number of terrific blue-flag beaches within brief distances. There are also numerous advancements that have the benefit of common swimming pools, so you do not have the private duty of keeping it, but all the advantages of having the ability to use it!’

    Where are the very best places to look in Paphos?

    A number of the most popular areas, like Káto Páfos, Universal, will see a little greater rates. For more inexpensive budget plans, 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. It has a number of great restaurants and has seen a fair amount of new developments recently. Chloraka is ideal if you’re seeming a bit more detailed to the town, and want a bit more of a buzz. Peyia, on the other hand, is a bit more inland and perfect for access to the Akamas Peninsula.

    Strong returns for buy-to-let financiers

    Paphos’ status as one of the tourism capitals of the island guarantees a buoyant market for anybody looking to let out their house, whether as a full-time leasing or if you’re looking to discharge your holiday home while you’re not utilizing it. As Dylan informs us, ‘financiers aiming to attain excellent returns are generally buying one- to two-bedroom homes and are looking for a roi of anything from 4% to 10%. Financial investment is not simply about the monetary returns; we also have citizenship customers who are looking for an EU citizenship, for which they invest upwards of EUR2,000,000. Remarkably, we have had a couple of British people in this bracket looking to retain their EU status with Brexit now pushing ahead’.

    For more information about in Cyprus, and if you wish to be connected to skilled estate representatives in Cyprus, simply fill in our enquiry form listed below and our free Resource Centre will be in touch.

    Paphos and the west of Cyprus has 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? 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 purchasers or 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 rental or if you’re looking to let out your holiday home while you’re not using it.

    The Paphos area guide

    Destinations and sights

    Paphos is a varied, dynamic city divided into 2 main sections. This consists of Kato Paphos, or Lower, also Ktima Paphos, or Upper. The two areas are divided by a main highway and offer vastly different vibes.

    Kato Paphos is the prime location for regional tourism, based around a palm-fringed seafront. Here you’ll find many of the city’s top resorts, dining establishments and bars, together with quieter backstreets and historical sites from the Roman to middle ages ages.

    Kato Paphos is also house to among the city’s star attractions, the Paphos Archaeological Park, which uses unique access to ancient Roman ruins. Ktima Paphos, by contrast, is the modern-day industrial centre, with stores, museums and colonial structures.

    Situated in Cyprus, Paphos uses a hassle-free home to additional travel throughout the stunning island. Referred to as the birth place of Aphrodite, you’ll see sea and mountain landscapes that seem right out of myth.

    Paphos caters to all ages and interests, whether you have an interest in exploring Cyprus’ remarkable heritage and culture or merely unwinding on the beach. Wine cruising, tasting and playing golf are just a few activities to enjoy here. Get outdoors and visit the Aphrodite Water Park with its heart-pounding tourist attractions, or spot vibrant plumage at the Pafos Zoo. There are a number of pleasant strolls in the area, including the seaside path which extends from Geroskipou Beach to the Tombs of the Kings archaeological site.

    In addition to the Tombs of the Kings, a highlight of any time spent in Paphos is checking out the Archaeological Park. Its entrance is near the primary harbour and it holds a very impressive collection of Roman artefacts and villas. A few of these can be dated to the second century BC, including detailed mosaics and an Odeon constructed from limestone bricks.

    Cafes and restaurants

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

    For a local dining experience, go to among the city’s standard tavernas. These provide a full meze spread, typically sourced from fresh fish and seasonal fruit and vegetables, along with dry, light regional white wine. One dining establishment especially popular amongst residents is Tyrimos Seafood Dining Establishment. The chefs in this old world restaurant put an emphasis on freshly captured seafood, and you’ll find everything from squid to grilled fish served in beautifully provided platters.

    7 St Georges is a popular choice for seasonal meze. They also offer a range of meatless meze for those wanting to sample vegetarian Cypriot food.

    Shops

    Fashion and artisan goods can be found in Paphos’ diverse stores. For global trademark name and a contemporary retail experience, go to the city’s primary shopping center. These consist of the Kings Avenue and Paphos Mall, which are both air-conditioned for your convenience.

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

    If you seek smaller sized, more specific stores, venture near the harbour to discover independent shops offering great lace, pottery, leather, and embroidery goods.

    Travel

    Travel links can vary slightly depending on the season. During the summer season, when tourism is in high equipment, there are regular charter flights into Paphos International Airport and hourly bus services linking the airport with Kato Paphos. The frequency of buses and flights minimizes a little throughout the winter season.

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

    There is a bus station near the main harbour, which provides connecting services to major tourist attractions, consisting of Aphrodite’s Rock and all close-by suburbs. Taxi cabs are plentiful and donkey trips offer a distinct method to navigate the city.

    Paphos is a varied, lively city divided into 2 primary areas. This includes Kato Paphos, or Lower, as well Ktima Paphos, or Upper. In addition to the Tombs of the Kings, an emphasize of any time spent in Paphos is checking out the Archaeological Park. These consist of the Kings Avenue and Paphos Shopping Mall, which are both air-conditioned for your convenience.

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

    Videos About Paphos

    Learn More About Káto Páfos – WikiPedia

    About Paphos – WikiPedia

    Paphos (Greek: Πάφος [ˈpafos]; Turkish: Baf), sometimes spelled Pafos, is a coastal city in southwest Cyprus and is the capital of Paphos District. In classical antiquity, two locations were called Paphos: Old Paphos, today known as Kouklia, and New Paphos.

    The current city of Paphos lies on the Mediterranean coast, about 50 km (30 mi) west of Limassol (the biggest port on the island), both of which are connected by the A6 highway. Paphos International Airport is the country’s second-largest airport. The city has a subtropical-Mediterranean climate, with the mildest temperatures on the island.

    Paphos is included in the official UNESCO list of cultural and natural treasures of the world’s heritage for its ancient ruins and was selected as a European Capital of Culture for 2017 along with Aarhus.

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