Within a short flight from any place in Europe, Paphos is the perfect destination to fulfill your dream of owning a family vacation home. With its breathtaking views, rich history, and European lifestyle, Paphos offers a wide range of options to suit every taste and budget.
Imagine waking up in a luxurious apartment overlooking the sparkling Mediterranean Sea or relaxing in a traditional stone house full of charm and character. If you’re seeking ultimate privacy and indulgence, picture a villa with a private pool, where you can bask in the Cypriot sun and unwind in your own enchanting and personal haven.
Paphos is a city that blends the charm of the old world with modern amenities. Explore the picturesque harbor, where you can savor fresh fish in waterfront taverns or embark on a leisurely boat trip to discover hidden coves and secluded beaches. Immerse yourself in history at UNESCO World Heritage sites like the Tombs of the Kings and ancient Roman mosaics.
For those seeking outdoor adventures, Paphos offers a plethora of activities. Explore the breathtaking Akamas Peninsula, an area where you can hike, bike, or venture off-road in a 4X4. Discover public and hidden beaches, dive into crystal-clear waters, and explore vibrant marine life and fascinating underwater landscapes.
When it comes to entertainment and cuisine, Paphos caters to every palate. Indulge in a gastronomic journey through the traditional Cypriot kitchen, characterized by its fresh ingredients and unique flavors. Explore the vibrant nightlife of Paphos, where you can find lively bars, clubs, and entertainment venues to suit every preference.
Beyond the natural beauty and charm of Paphos, there are practical advantages to investing in a property. When purchasing a new property for personal use, you will only be subject to a VAT (Value Added Tax) of 5%, making it a cost-effective choice compared to other destinations in Europe. Additionally, if you decide to invest more than 300,000 euros, you can obtain permanent residency in Cyprus for life.
One of the main advantages of investing in a property in Paphos is the potential for future price appreciation. Property prices have not yet reached their peak, and the consistent growth and recovery of the market indicate significant potential for price increases in the coming years. While Paphos continues to attract thousands of Europeans coming to live and invest from around the world, the demand for properties has exceeded the supply in the market, and property prices are expected to continue rising.
Paphos offers a high quality of life with modern infrastructure, excellent healthcare facilities, and a variety of services to meet residents’ needs. Transportation-wise, the city is well-connected, free of traffic jams or parking issues! Paphos has an international airport located approximately 15 minutes from the city center, making it accessible for both residents and visitors.
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