Paphos is located in the south west of Cyprus and has developed, especially in the last 2 decades, into a major tourist hub. The mild Mediterranean climate can be enjoyed throughout the year and the rich nature paths and trails of Paphos can satisfy the adventurous spirit.
As for the business spirit? Paphos hosts the second largest international airport of Cyprus, great connections to the rest of the island and highly-skilled professionals with strong entrepreneurial spirit.
Numerous international companies have chosen Paphos and its neighboring city, Limassol, to set up their offices because of their great location, infrastructure and high standard of living.
Properties prices in Paphos are still lower than in many other European countries and you can get a lot more for your money. You can also enjoy fantastic golf courses, luxurious services and of course a favorable tax system, all whilst living in a beautiful, historic, safe, European city.
Cyprus is the third largest island in the Mediterranean. It is located in the Eastern Mediterranean, southeast of Greece, west of Lebanon, north of Egypt and northwest of Israel.
It is an island country with rich history that dates back to the 10th millennium BC. Legend has it that Cyprus, and more specifically Paphos, is the birthplace of Aphrodite.
Known to many as an attractive tourist destination, Cyprus is also a country with high-income economy, based not only on tourism, but on agriculture, services and light manufacturing as well.
Cyprus is an EU-member country since May 1, 2004. The country’s official languages are Greek and Turkish. English is widely spoken across the island and French, German and Russian are also spoken within the tourism industry.
Cyprus has two international airports in Larnaca and Paphos, both conveniently located and with frequent flights to numerous destinations across Europe, Asia and Africa.
Cyprus Towns & Villages
Cyprus History & Heritage
Aphrodite. Godess of Love
Buying a property in Cyprus is a relatively easy and straightforward process. Cyprus follows the UK legal system. Whether you are looking for a holiday home, a financial investment or a family home, Cyprus is an ideal destination with plenty of options in all property categories.
There are some standard fees involved when buying a property in Cyprus, such as VAT for new-built properties, which is usually included in the price, stamp duty (0.15%-0.20%), bank charges, surveyor fees, land registry fees (3-8% of purchase price) and legal fees.
Korantina Homes’ experts can guide you through the entire process and explain everything in detail.
Cyprus is an ideal investment destination for various reasons. It is a safe country, it belongs to the EU and its location in the middle of three continents is perfect for travelling and living. Investors who operate on an international level will find a very favorable environment in Cyprus, as the bilateral agreements that Cyprus has with other countries, its stable and advantageous tax framework and the very high level of workforce guarantee efficiency and success.
Paphos especially has caught the eye of big and small investors as its potential is just now unfolding and the numerous projects that are happening in the area make now the best time to invest. The market is thriving due to the increased demand from international and local investors.
Get in touch with Korantina Homes today to find the ideal property for you, effortlessly and guaranteed!
Natural Beauty Climate & Safety
- Form of government – a unitary presidential representative republic
- Area – 9251 km²
- Population – 1 186 523 (aprox.)
- Member of the European Union since 2004
- National currency – Euro
Cyprus has a pleasant Mediterranean climate with year-round sunshine. Stunning coastlines, golden sandy beaches and clear blue waters, coexist harmoniously with glorious mountains of wild natural beauty and peaceful, picturesque villages. Cyprus’ famous beaches have been awarded with 57 Blue Flags in 2015, ranking the island first in the EU for the tenth consecutive year, including three records.
- 350 days of sunshine a year
- European standard education
- 80% English-speaking population
- Lowest taxes in Europe
- Rich cultural and historic traditions
- Excellent healthcare services
- Short Distances to Locations
- Blue Flag Cleanest beaches in Europe
- Beautiful picturesque landscapes
- Lowest crime rate in Europe
- Visa-free entry to European Countries
- High Quality In Life
- Good Cost of living
- Investment opportunity
Quality Of Life
High quality of life is without a doubt one of Cyprus’ most compelling advantages. Indicatively, the island was ranked as the 5th best relocation destination worldwide by the 2013 Knight Frank Global Lifestyle Review, while Paphos, the third biggest city in Cyprus has been ranked 4th best retirement destination globally by the 2016 Knight Frank Global Lifestyle Review.
Besides its natural beauty, Cyprus offers a very safe environment, with low stress levels and crime rates, ideal for a peaceful family life. Acknowledging the island’s safety and security standards, Value Penguin has ranked Cyprus 5th worldwide and 1st among smaller Countries in its Safest Countries in the World Study.
Third country nationals relocating to Cyprus do not have to worry about language and education. English is widely spoken in Cyprus, while most people are bilingual. The country offers excellent multilingual educational institutions, where courses are taught in English, French, German, Russian, Italian, Armenian and other languages.
The island benefits from a well-advanced and modern infrastructure, that makes day-to-day life easy, cost-effective and efficient. Commutes are minimal in Cyprus. One can drive from the capital, Nicosia, to the beach in Larnaka, in about 30 minutes.
Cypriots are known worldwide for their genuine and sincere hospitality and friendliness, but also for the famous Cypriot cuisine, based on the healthy Mediterranean diet. Recipes dating back hundreds of years offer delicious gastronomical experiences, particularly the “Cyprus Meze” which consists of a large number of different cold and hot “hors d’oeuvres” such as assorted dips, salads, meats, vegetables, as well as various fresh fish delicacies.
With a buzzing cosmopolitan environment, arts and culture are flourishing with museum nights, local and international festivals, exhibitions and concerts taking place at both modern and ancient venues, such as historical open-air amphitheaters. With pleasant weather throughout the year, sports enthusiasts can ski in February, swim and kite surf until December, bike and play tennis and golf all year round. A vibrant nightlife, with plenty of restaurants, bars and clubs, theaters and concerts caters to all tastes and lifestyles.