Property in Paphos Cyprus

By: Kev Moore

If you are thinking about buying that place in the sun you have always dreamt abaout maybe you should take a look at the beautiful paradise Island of Cyprus and in Particular property in Paphos or the surrounding area. Paphos in Cyprus is the only resort on the Islands West coast that remains open throughout the winter months. That's if minimum daytime temperatures of 16c count as any kind of winter at all. In fact whilst other parts of Europe like the U.K. are shivering at below zero Cyprus is comparably balmy. The clear Mediterranean Ocean remains warm enough to bath in well into November most years and there aren't many days when it is not warm enough to wear short sleeves. Sure, the temperatures do drop at night during the short Cyprus winter but even then it's still a whole lot warmer than England. Perhaps this mild climate is one of the reasons so many Brits are buying property in Paphos and settling there especially many retired couples. The cheaper utilities and general cost of living in Cyprus are only a few of the things that continue to attract house buyers to the Island.

The Cypriot people are amongst some of the friendliest you could ever hope to meet anywhere. Their outgoing attitude isn't just something that's put on for the benefit of money spending tourist either, it's just the way they are. Don't be surprised if once you are settled your Cypriot neighbors insist you join them and the whole family for dinner or a social evening. The life style on the Island is very relaxed even on the larger holiday resorts and Pahos is no exception. Family life is important to the locals and dinners together can be a major event involving many of their relatives. With most of the cooking and eating done alfresco style barbecues are the order of the day and the Cypriots are masters of the art. In fact one could argue that during the summer months at least, the only activitie carried on indoors is sleeping. Then again some folks even chose to do that outside during the long warm summer months.

Property in Paphos is ideal for both investors and those looking for a property for themselves maybe for use as a holiday home or a permanent residence. With new developments springing up all over the Paphos area buyers are literally spoilt for choice. Off plan property purrchase in Cyprus makes great sense. Chances are that as prices continue to rise your new villa or luxury apartment could have increased in value before you even move in. In fact many astute investors have made a tidy profit out of property in Paphos this way over the past few years. There are a lot of resale properties finding their way onto the market too as folks settle elsewhere in larger houses or decide that living abroad is not for them and move back home. These resale Paphos properties are often what is termed as "motivated sales" in so much as the owners want to move them on quickly for one reason or another. In these cases buyers with finance arranged are in a strong position to pick up a property in Paphos bargain.

For those looking to "get their toes wet" before moving wholesale to Cyprus Paphos property rental may be a convenient option over outright purchase. Thanks to the continued development boom on the Island there are plenty of cheap apartments and houses to rent and Paphos is no exception. The rental market on the Island is pretty much self regulated by the average wage apart from properties let out to holiday makers of course. Cost of renting in and around the Paphos are are substantially lower than anything you would expect to pay in the U.K. Bearing in mind that you won't find that many house or apartments for rent in England with a swimming pool and the benefit of 320 days of sunshine every year! So if you want luxury, sunshine and a laid back style of living maybe you should seriously consider investing in property in Paphos.

Cyprus Guide
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 

» More on Cyprus Guide
 



Share this article :
Click to see more related articles