• House For Sale in Geroskípou (quarter)

    House For Sale in Geroskípou (quarter)

    Geroskípou (quarter) is considered the most beautiful part of Paphos. We have House for Sale in Geroskípou (quarter) and the surrounding towns. Our properties differ from Luxury Beach front homes, holiday villas, cottages for sale, along with townhouses and good value one and 2 bed room apartment or condos. The centre of the area is the conventional market town of Geroskípou (quarter) with its numerous features and paved streets. Nearby are the beaches and the Marina at Latchi with its many fish restaurants, and wide range of water sports activities. In the surrounding hills are lots of traditional towns, frequently with a local taverna where you can take pleasure in the Cypriot lifestyle.

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

    House For Sale in  Geroskípou (quarter) 1

    Paphos and the west of Cyprus has bewitched lots of an international purchaser, particularly those people from the UK. However where’s hot in Paphos in 2020, which are the very best locations to purchase and what will you pay? We talked to Dylan Maratheftis of West Coast Property to discover more.

    Paphos has actually long been popular with British purchasers, and it’s easy to see why. You’ve 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 lots of exceptional tavernas, bars and dining establishments, and Paphos Airport has routine flights year-round back to the UK.

    House For Sale in Geroskípou (quarter)

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

    Buying ahead of the curve

    ‘ There has been a modification in the market due to currency variation,’ Dylan says, ‘but it is still a purchaser’s market. In general, we have actually seen a small boost in prices over the last two to three years. With that being said, Paphos is still one of the very best value-for-money locations for property buyers or investors. We are still no place near the property prices before the monetary crisis of 2013, so you could actually be getting in ahead of the curve here. As for the future, we anticipate there to be plenty more developments coming up, but likewise a boost in the resale market with the brand-new builds of the past couple of years.’

    Rates vary depending on the location and property, as anywhere, however you can generally be assured of better worth than back in the UK. Dylan informs us, ‘in general, one-bedroom apartments start from EUR80,000, two-bedroom apartments begin with EUR120,000, while townhouses start at around EUR140,000 and vacation homes at EUR200,000.’ As for extra expenses, Dylan recommends to spending plan around 2.5-6%, with add-on costs on average being around the 4% mark.

    When it comes to bonus, if you’re taking a look at a property with a pol, expect maintenance 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 brief distances. There are also numerous advancements that have the benefit of common swimming pools, so you do not have the specific duty of maintaining it, but all the benefits of being able to utilize it!’

    Where are the best locations to look in Paphos?

    A number of the most popular areas, like Geroskípou (quarter), Universal, will see slightly higher prices. For more budget-friendly budget plans, such as the EUR80,000 to EUR100,000 range, Dylan suggests 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 good dining establishments and has seen a reasonable quantity of brand-new developments in the last few years. Chloraka is perfect if you’re seeming a bit more detailed to the town, and desire a bit more of a buzz. Peyia, meanwhile, is a bit further inland and best for access to the Akamas Peninsula.

    Strong returns for buy-to-let financiers

    Paphos’ status as one of the tourism capitals of the island ensures a resilient market for anybody seeking to let out their home, whether as a full-time leasing or if you’re looking to discharge your vacation home while you’re not using it. As Dylan tells us, ‘financiers aiming to achieve good returns are usually buying one- to two-bedroom houses and are searching for a return on investment of anything from 4% to 10%. Investment is not simply about the monetary returns; we also have citizenship customers who are seeking an EU citizenship, for which they invest upwards of EUR2,000,000. Surprisingly, we have had a couple of British citizens in this bracket looking to keep their EU status with Brexit now pushing ahead’.

    For more details about in Cyprus, and if you want to be linked to expert estate agents in Cyprus, just fill out our query form below and our free Resource Centre will be in touch.

    Paphos and the west of Cyprus has bewitched lots of an international purchaser, especially those of us from the UK. Where’s hot in Paphos in 2020, which are the finest places to buy and what will you pay? In Paphos itself and the surrounding towns and towns, you have plenty of outstanding tavernas, bars and dining establishments, and Paphos Airport has regular flights year-round back to the UK.

    With that being stated, Paphos is still one of the finest value-for-money areas for property purchasers or investors. 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 leasing or if you’re looking to let out your holiday home while you’re not utilizing it.

    The Paphos area guide

    Sights and destinations

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

    Kato Paphos is the prime location for local tourism, based around a palm-fringed seafront. Here you’ll discover a lot of the city’s leading resorts, bars and dining establishments, in addition to quieter backstreets and archaeological sites from the Roman to middle ages eras.

    Kato Paphos is likewise house to one of the city’s star tourist attractions, the Paphos Archaeological Park, which uses incomparable access to ancient Roman ruins. Ktima Paphos, by contrast, is the contemporary commercial centre, with stores, museums and colonial buildings.

    Located in Cyprus, Paphos offers a hassle-free home base to further travel throughout the picturesque island. Known as the birthplace of Aphrodite, you’ll see sea and mountain landscapes that appear straight out of myth.

    Paphos caters to all interests and ages, whether you’re interested in exploring Cyprus’ fascinating heritage and culture or merely relaxing on the beach. Red wine playing golf, cruising and tasting are just a couple of activities to delight in here. Get outdoors and check out the Aphrodite Water Park with its heart-pounding attractions, or area vibrant plumage at the Pafos Zoo. There are a number of enjoyable strolls in the area, consisting of the seaside path which extends from Geroskipou Beach to the Tombs of the Kings historical site.

    In addition to the Tombs of the Kings, an emphasize of at any time spent in Paphos is checking out the Archaeological Park. Its entryway is near the primary harbour and it holds a really outstanding collection of Roman rental properties and artefacts. Some of these can be dated to the 2nd century BC, including elaborate mosaics and an Odeon constructed from limestone bricks.

    Coffee shops and dining establishments

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

    For a local dining experience, visit one of the city’s conventional tavernas. One dining establishment particularly well known among residents is Tyrimos Seafood Restaurant.

    7 St Georges is a popular option for seasonal meze. They also use a variety of meatless meze for those wanting to sample vegetarian Cypriot cuisine.

    Shops

    Style and artisan products can be discovered in Paphos’ diverse shops. For international trademark name and a contemporary retail experience, go to the city’s main mall. These consist of the Kings Opportunity and Paphos Shopping Center, which are both air-conditioned for your convenience.

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

    If you’re after smaller sized, more customized stores, venture near the harbour to discover independent shops selling great lace, leather, embroidery, and pottery items.

    Travel

    Travel links can vary somewhat depending upon the season. During the summer months, 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 somewhat throughout 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 significant destinations, including Aphrodite’s Rock and all nearby residential areas. Taxis abound and donkey flights provide an unique method to get around the city.

    Paphos is a varied, lively city divided into 2 main areas. This consists of 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 Opportunity and Paphos Shopping Center, which are both air-conditioned for your convenience.

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

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    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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