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Cyprus Investment Hotspots

Buying Property in Cyprus

The geographical location of Cyprus, its excellent climate and the friendliness and hospitality of it's people, together with the relatively low cost of living, are just some of the reasons that have made Cyprus popular with foreign investors for over 20 years now.

The recent entry into the European Union has also brought many new benefits. Reliable banking institutions, legal and accountancy services of a very high standard and the fact English is widely spoken, all contribute towards the continued popularity of Cyprus with foreign investors, whether it be as a holiday home, or that long cherished dream of a permanent home in the sun.
 

Why Peyia?


Peyia is set around a traditional village square. It is a fully sufficient village, containing:
  • Traditional coffee shops
  • Supermarkets
  • Banks
  • Taverns
  • Chemist
  • Butchers
  • Bakers
  • 24 hour DVD shop
From anywhere in Peyia the views are amazing. If you look down to Coral Bay, you will be able to follow the coastline all the way to Paphos. This is why Peyia makes such a great investment - You can buy a fabulous property overlooking Coral Bay at Village prices!

The build density in Peyia, is lower to that of Paphos itself. This means that there are less properties for sale and a smaller amount of properties on the rental market in these key locations.

For people who like to get out and about, Peyia is a great place in which to begin:
  • Akamas Peninsula is only 5 to 10 minutes drive away
  • Numerous historic sites in and around Peyia Village
  • Numerous Museums
  • Numerous walking trails, chance of sighting rare birds and plants
  • Close to number of wineries
  • Natural Springs
The Coral Bay Area is rich with activity, from Water Sports and Go Karting, to Mini Golf & Horse Riding. Although if you feel like taking it easy – Coral Bay is home to the best natural beaches in the area.

Another key feature to the Coral Bay/Peyia area is the Akamas Pennisula is just 10 minutes drive away, which is an unspoilt reservation area, with a turtle hatchery and many secluded beaches.
It is because of these attributes Peyia is kept open and busy all year round, which makes it an idea location for self-funding investments.

Why Limassol?


Cyprus Information Aphrodites RockAlong the route that leads from the port city of Lemesos (Limassol) to Paphos, the roadway opens up to reveal a magnificent stretch of coastline where chalky white cliffs stand watch over a dazzling aquamarine sea. Here sun worshippers make detours for a picnic and a swim at Petra Tou Romiou, a boulder that marks the spot where Aphrodite emerged from the sea foam in ancient times. In the Akamas region, hikers exploring the area's rich flora can cool off at the grotto where the love goddess bathed after her amorous interludes.
 
Throughout Cyprus, the typically Mediterranean landscape is still blessed with the timeless beauty of antiquity. There are crusader fortresses framed by tall cypress trees, Greco-Roman theatres carved out of cliffs and Byzantine monasteries perched improbably on mountaintops. Sophisticated cities successfully balance the ancient and modern. The capital, Lefkosia (Nicosia), is surrounded by Venetian walls with heart-shaped bastions; Larnaca, site of the major international airport, is also home to St. Lazarus Church and the crypt of the eponymous saint resurrected by Christ. Near the animated harbour at Paphos are the Roman floor mosaics of the Houses of Aion, Achilles and Dionysus, their depictions of mythological scenes amazingly well preserved.
 

Why Larnaca?

 
Cyprus InformationThe Cyprus mystique is as much a product of its legendary beauty as it is of millennia of competing empires, all unable to resist the island’s strategic allure of the island. The perfect location, of course, never goes out of style. Nestled into the eastern Mediterranean Sea and a veritable crossroads of three continents, Cyprus is the third largest island in the Mediterranean and an ideal starting point for the discovery of other exotic locales such as the Greek Islands, Egypt and the Middle East - in fact, mini-cruises set off for these places from Cyprus almost every day. But close as Cyprus may be to the world's center stage, it is a distinctive place that can feel blissfully apart from it all
 

Abundant copper in antiquity put small Cyprus on the map. In fact Cyprus (Kypros in Greek) gave copper its Latin name: cuprum. In the late Bronze Age, Mycenaen Greeks settled on Cyprus and established trade links with Egypt and the Aegean islands. This is also the period when ceramic art first flourished. As centuries drifted by, the island came variously under Persian, Assyrian, Egyptian, and Roman rule. It was during the latter era that Marc Anthony, enraptured by the island's sweet wines, gave Cyprus as a gift to his lover, the matchless Cleopatra. After a long period of Byzantine domination, European awareness of Cyprus surged with the Crusades. In 1191 a fierce sea storm led Richard the Lionheart to put his ship into port at Lemesos. He claimed the island as his own.

From 1489 to 1571 the flag of Venice flew in Cyprus, until which time the Ottoman Turks moved in. That era ended in 1878 when Cyprus became part of the British Empire. Despite a turbulent past, or perhaps because of it, the Cypriots themselves are a resilient people. They have always remained a distinct culture - different even from their closest cousins, the Greeks - and retained their unique character. The Republic of Cyprus achieved independence in 1960 and is now in line to join the European Union.
 

Cyprus Information PaphosHouse of Dionysos, Paphos, Ganamedes and EagleFrom independent travellers to honeymooners, archaeology aficionados to friends of nature, every visitor to Cyprus finds the island offers layer upon layer of discovery. Food lovers delight in farm-fresh halloumi cheese and delectable meze, the local specialty appetizers that mix Western ingredients with Eastern zest. Travellers on business appreciate the fine conference facilities and warm, professional service at more than 64 hotels and resorts, and like incentive groups value the proximity of the beach. And that golden Old World sunshine - there are generally 300-plus sunny days per year - is something few can resist. Add it all up and you have an ideally-situated island that truly has no equal. A place that measures up to its mystique: Cyprus.
 

Why Ayia Napa/Protaras?


Before the armies of Alexander the Great made their famous thrusts east toward lands unconquered, their ships called into port at Cyprus to be readied and refitted. The same strategic location, at the crossroads of three continents, Europe, Asia and Africa, that made Cyprus a crucial starting point for Alexander’s expanding empire makes the island a desirable centre today for a calmer kind of maritime activity: cruising. Whether for a cruise that originates there, as a port of call or a fly and cruise option, today Cyprus is among the premier cruising destinations in the Mediterranean.

As the easternmost island in the Mediterranean, Cyprus is a natural point of departure for exploring this amazingly diverse region. Throughout the year locally based cruise lines help locals and tourist alike get a first hand perspective of the splendours of ancient Egypt, major attractions in Israel and Lebanon and, of course, the Greek Islands. Every year there are around 800 such “mini-cruises” leaving from the port of Limassol (Lemesos), one of the leading cruise ports in the Mediterranean, carrying around 250,000 passengers.

Port of History and Civilisation

Many international cruise ships utilize Cyprus as a major port of call on their international European and Mediterranean itineraries. Every year more than 30 of the finest international cruise ships make more than 80 calls at the ports of Limassol and Larnaca carrying in excess of 100,000 passengers to visit the major attractions of Cyprus.
 

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