• Plot For Sale in Páno Aródes

    Plot For Sale in Páno Aródes

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    Property for Sale in Paphos

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

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    Paphos and the west of Cyprus has bewitched numerous a worldwide 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? We spoke to Dylan Maratheftis of West Coast Property to discover more.

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

    Plot For Sale in Páno Aródes

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

    Purchasing ahead of the curve

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

    Prices differ depending upon the location and property, as anywhere, but you can typically be ensured of much better worth than back in the UK. Dylan informs us, ‘in general, one-bedroom apartments start from EUR80,000, two-bedroom homes begin with EUR120,000, while townhouses begin at around EUR140,000 and rental properties at EUR200,000.’ When it comes to extra expenses, Dylan recommends to budget plan around 2.5-6%, with add-on costs on average being around the 4% mark.

    As for extras, if you’re taking a look at a property with a pol, anticipate maintenance and so on to be around EUR100 a month. However, it’s not a need to– ‘Paphos has a variety of fantastic blue-flag beaches within brief ranges. There are likewise numerous advancements that have the benefit of communal swimming pools, so you do not have the private responsibility of keeping it, but all the benefits of having the ability to utilize it!’

    Where are the very best places to search in Paphos?

    For more budget-friendly 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 ideal if you’re looking to be a bit better to the town, and want a bit more of a buzz.

    Strong returns for buy-to-let investors

    Paphos’ status as one of the tourist capitals of the island ensures 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 utilizing it. As Dylan tells us, ‘investors looking to accomplish excellent returns are typically purchasing one- to two-bedroom apartment or condos and are looking for a return on financial investment of anything from 4% to 10%.

    For further info about in Cyprus, and if you want to be linked to expert estate agents in Cyprus, just fill in our enquiry form below and our complimentary Resource Centre will be in touch.

    Paphos and the west of Cyprus has bewitched many a worldwide 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 finest value-for-money locations for property purchasers or financiers. Paphos’ status as one of the tourist capitals of the island ensures a buoyant market for anybody looking to let out their home, whether as a full-time rental or if you’re looking to let out your holiday house while you’re not utilizing it.

    The Paphos location guide

    Sights and destinations

    Paphos is a diverse, vibrant city divided into 2 main sections. This includes Kato Paphos, or Lower, as well Ktima Paphos, or Upper. The two sections are divided by a main highway and deal significantly various vibes.

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

    Kato Paphos is also house to among the city’s star destinations, the Paphos Archaeological Park, which uses unique access to ancient Roman ruins. Ktima Paphos, by contrast, is the contemporary commercial centre, with shops, museums and colonial structures.

    Positioned in Cyprus, Paphos provides a practical online to further travel throughout the stunning island. Known as the birth place of Aphrodite, you’ll see sea and mountain landscapes that appear right out of myth.

    Paphos accommodates all interests and ages, whether you’re interested in checking out Cyprus’ remarkable heritage and culture or merely unwinding on the beach. Red wine tasting, cruising and golfing are just a few activities to delight in here. Get outdoors and check out the Aphrodite Water Park with its heart-pounding destinations, or spot colourful plumage at the Pafos Zoo. There are a variety of pleasant strolls in the area, consisting of the coastal course 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 invested in Paphos is exploring the Archaeological Park. Its entrance is near the primary harbour and it holds a very excellent collection of Roman vacation homes and artefacts. Some of these can be dated to the second century BC, including complex mosaics and an Odeon constructed from limestone bricks.

    Dining establishments and cafes

    Whether you are craving traditional Cypriot cuisine or an Indian takeaway, you’ll be well-served with the comprehensive selection of internationally-influenced dining establishments in Paphos.

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

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

    Shops

    Fashion and craftsmen items can be discovered in Paphos’ varied shops. For worldwide brand names and a modern retail experience, visit the city’s main 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 department store Debenhams in Paphos, as well as big supermarkets such as Papantonious, Carrefour and Orphanides Express. Nikodimou Mylona Street is lined with designer stores, making it a great choice for regional fashionistas.

    If you’re after smaller, more specialized boutiques, endeavor near the harbour to find independent shops selling great lace, pottery, embroidery, and leather products.

    Travel

    Travel links can vary slightly depending on the season. Throughout the summer months, when tourism remains in high gear, there are regular charter flights into Paphos International Airport and hourly bus services connecting the airport with Kato Paphos. The frequency of flights and buses decreases slightly during the winter.

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

    There is a bus station near the central harbour, which offers linking services to significant destinations, consisting of Aphrodite’s Rock and all close-by suburbs. Taxi cabs are plentiful and donkey trips provide a special method to get around the city.

    Paphos is a varied, vibrant city divided into two primary areas. 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 spent in Paphos is exploring the Archaeological Park. These include the Kings Avenue and Paphos Shopping Mall, which are both air-conditioned for your comfort.

    Throughout the summer months, when tourist is in high gear, there are regular charter flights into Paphos International Airport and hourly bus services linking 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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