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WHERE TO INVEST LIMASSOL’S GOLF RESORTS APARTMENTS & HOUSES VILLAS OUR COMPANY IMMIGRATION CYPRUS’ MOST PRIME LOCATIONS MOST ICONIC ADDRESSES AWARD WINNING RESIDENCES, VILLAS & SUITES CONTEMPORARY HOMES IN PRIME LOCATIONS OUTSTANDING ARCHITECTURE & INCREDIBLE VIEWS CYPRUS INVESTMENT PROGRAM 40 YEARS OF EXCELLENCE CYPRUS PROPERTY GUIDE
Transcript
Page 1: CYPRUS PROPERTY GUIDE - ridgewayclarke.com€¦ · Larnaca Larnaca International Airport CYPRUS 08 | Cyprus Cyprus | 09. EU Member Highly skilled English speaking workforce Modern

WHERE TO INVEST

LIMASSOL’S

GOLF RESORTS

APARTMENTS & HOUSES

VILLAS

OUR COMPANY

IMMIGRATION

CYPRUS’ MOST PRIME LOCATIONS

MOST ICONIC ADDRESSES

AWARD WINNING RESIDENCES, VILLAS & SUITES

CONTEMPORARY HOMES IN PRIME LOCATIONS

OUTSTANDING ARCHITECTURE & INCREDIBLE VIEWS

CYPRUS INVESTMENT PROGRAM

40 YEARS OF EXCELLENCE

CYPRUS PROPERTYGUIDE

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I C O N I C A D D R E S S - L I M A S S O L

C O M M A N D T H E H O R I Z O N

F R O M T H E TA L L E S T

R E S I D E N T I A L S E A F R O N T

T O W E R I N E U R O P E .

N O W U N D E R C O N S T R U C T I O N

Page 3: CYPRUS PROPERTY GUIDE - ridgewayclarke.com€¦ · Larnaca Larnaca International Airport CYPRUS 08 | Cyprus Cyprus | 09. EU Member Highly skilled English speaking workforce Modern

Perched on a tranquil hilltop among five million square metres ofprotected Cypriot landscape lies Minthis. From award-winning Residences,

Villas and serviced Suites to golf, fine dining, wellness and adventure pathways, this authentic residential retreat redefines holistic living.

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Contents

Disclaimer:The contents and information contained in this brochure are intended for general marketing purposes only and must

not be construed as advice, or being complete and accurate nor be relied upon as such. Neither the company nor any of its directors or employees give any representation or warranty as to the reliability of the information contained herein, and shall not be responsible and disclaim all loss, liability or expense of any nature whatsoever which may be

attributable (directly, indirectly or consequentially) to the use of the information provided.

8 CYPRUS A captivating island

10 AN INTERNATIONAL HUB

A powerful business & lifestyle proposition

12 A COSMOPOLITAN DESTINATION

Mediterranean living

14 AN INVESTMENT HOTSPOT

A prosperous future

16 REAL ESTATE TRENDS

A magnet for international buyers

18 IMMIGRATION OPTIONSCyprus citizenship & PR

22 OUR COMPANY

The developer of choice

24 FLAGSHIP DEVELOPMENTS

Cyprus’ most desirable addresses

32 PROPERTY PORTFOLIO

A diversity in locations & styles

8

1012

18 14

22

16

2432

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A captivating island

Cyprus is a modern country that enjoys a strategic geographical position. It lies at the crossroads of three continents, Europe, Africa and Asia, thus provides unrivalled access and travel opportunities. With its excellent �ight connections and �rst-class airports, the island is perfectly placed for working and travelling within and beyond the European Union. Cyprus has a rich heritage and diverse culture, beautiful beaches with the cleanest bathing waters in Europe, fresh air, a wonderful Mediterranean climate and cosmopolitan cities with an abundance of amenities. The island o�ers a low cost but high standard of living and is a very popular year-round holiday destination.

Cyprus has a modern, free-market, service based economy and is a favored business destina-tion due to its strong set of business and taxation advantages. Additionally, the island is very safe and stable making it an ideal location for families and students. Cyprus is an emerging regional energy hub, since the discovery of huge hydrocarbon reserves in its exclusive economic zone the island has seen a surge in foreign investment and development. It also provides world-class property rights and solid investment, trade, labor, business and �nancial freedom.

High standard of education

57 Blue Flag beaches

2 International airports

Excellent healthcare

O�cial languages English, Greek

CurrencyEuro

21% foreign

+13ºCWinter

+34ºCSummer

AVERAGE TEMPERATURE

CYPRUS

The economy is built mainly upon the services sector, which accounts for over 77% of the island’s total GDP and around 75% of employment.

2.4%AGRICULTURE

15.9%LIGHT

INDUSTRY

77%SERVICES

GDP €17.6 B

2017

ECONOMY & MARKETS

Paphos InternationalAirport

Nicosia

Pafos

Limassol

Larnaca

LarnacaInternationalAirport

CYPRUS

08 | Cyprus Cyprus | 09

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EU Member Highly skilled English speaking workforce

Modern banking & legal system

Pro-businessgovernment

Safe &cosmopolitan

lifestyle

Stable political & business

environment

Excellentinfrastructure

AdvantageousEU approved

tax regime

HIGHLY FAVOURABLE TAX REGIME

Cyprus provides a unique combination of favourable participation exemption provisions on income emanating from international activities, applies a wide network of double tax treaties and zero withholding taxes on any type of payment made anywhere in the world. Corporation tax is 12.5%. Cyprus is a highly favourable destination for non-dom tax residency (exemption from dividends, interest, sales of security).

› An individual is tax resident in Cyprus if she/he is present in Cyprus for more than 183 days in a tax year› Special tax exemptions for non-domiciled tax residents› No capital gains tax on sale of shares, bonds, participations in companies and other ‘titles’, or on sale of immovable property located outside Cyprus› Relief for high-earning or non-resident individuals taking up employment in Cyprus› Other exemptions subject to speci�c conditions

Intellectual Property Tax rate

Tax on dividends to shareholders

Corporate tax rate

Tax on sale of shares

Non domicile principle

Inheritance tax

60 double taxation treaties

INTERNATIONAL RANKING

Value Penguin Safest

Countries in the World

2015

(Among smaller Countries,

5th worldwide)

1stHigher

education and training out of 144 countries.

( World Economic Forum Report

2015-2016)

4thBest relocation

destination.Knight Frank

Global Lifestyle Review 2013

(out of 23 countries)

5thIndex of

Economic Freedom.

(Europe, out of 44 countries,

42 globally out of 178)

24thForbes Best

Countries for Business Index

2015

(out of 144 countries)

Good Country Index

2016 Good Country Index

37th 15th

A powerful business & lifestyle proposition

AN INTERNATIONAL BUSINESS HUB

10 | An international business hub

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Cyprus is e�ectively positioning itself as a preferred education hub. The country boasts the 2nd highest tertiary education attainment rate in the EU and has also established a reputation as a center for scienti�c and research excellence.

Highest tertiary education

attainment rate in EU

(94.3%)

2ndHighest GDP

spend on education in EU

(6.67% of GDP)

Foreign students

5th 35%Universities

8English schools

28direct GDP

contribution

5%

UK ACCREDITED UNIVERSITIES

› Cyprus’ extremely low crime rate o�ers both comfort and peace of mind› Value penguin ranks Cyprus as the 5th safest place in the world› Value penguin ranks Cyprus as the safest country in the world in the category smaller countries (population under �ve million)

SAFETY

› Cyprus enjoys an ideal Mediterranean climate, with long, dry summers from May to October and mild winters from December to February which are separated by short autumn and spring seasons› Cyprus has three records for blue �ag beaches: the most Blue Flags per capita in the world, the densest concentration of Blue Flag beaches and the most Blue Flag beaches per coastline› The cleanest bathing waters in Europe for 10 consecutive years according to FEE

CLIMATE AND HEALTHY ENVIRONMENT

Mediterranean living

A COSMOPOLITAN DESTINATION

EDUCATION

12 | A cosmopolitan destination A cosmopolitan destination | 13

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08 | Cyprus Overview

LEADING MARITIME HUB�

third-partyshipmanagement centre in the EU

1stlargest �eet

in the EU

3rdlargest merchant �eet in the world

10thin annual revenue

€1bof GDP

7%

Oil resources 3.4B bl

Natural gas reserves 4.54tcf

› Huge oil and gas reserves founds in its exclusive economic zone. Reserves have been estimated as worth 300% to 3000% of GDP.

GDP GROWTH RATE

Large-scale projects, privatisations and a burgeoning oil and gas sector are �rmly placing Cyprus on the map as a hotspot for investment. Attracting foreign direct investment is at the heart of the Government’s policy. It is committed to creating optimal conditions for businesses to �ourish by simplifying administrative procedures, improving the tax framework, guaranteeing an open and transparent legal system and eliminating internal barriers. Cyprus has seen considerable GDP growth for three consecutive years, a result of the new incentives as well as increased activity in tourism, trade, manufacturing and real estate.

THE LARGEST CASINO IN EUROPE. A total investment of €500m with an expected €800M economy contribu-tion, 4% of GDP in 2022

“ Cyprus experienced the 2nd highest FDI growth of any European country

in 2017 ”

-2

0

2

4

2014 2015 2016 2017

*Forecast

2018*

-2.5

2.8 3.33.6

1.6

Tourism has long been a driving

force of the Cypriot economy, account-ing for 12% of GDP and arrivals as well

as revenue have seen record-break-

ingnumbers. Tourism arrivals are forecast to increase

by 82% and revenue by 185%

by 2030.

Real estate is one of the key pillars of the

Cyprus economy contributing

around 14% of GVA.Property transactions with a value of €1.5M saw a 45% increase in 2017, with Pafos and Limassol being the preferred markets.Foreign purchasers account for 28% of real estate transac-

tions.

Cyprus o�ers a tax e�cient company

domicile within the EU and is also

emerging as an attractive location for fund managers

and promoters. The number of applica-

tions �led for registrations of new companies has seen

a solid increase since 2016.

sales to foreigners2017 vs 2016

33% 15%Tourism

14%Company

Registrations

A prosperous future

AN INVESTMENT HOTSPOT

14 | An investment Hotspot An investment Hotspot | 15

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A magnet for international buyers

REAL ESTATE TRENDS

Cyprus has always been a magnet to foreign homebuyers due to its plethora of business and lifestyle advantages. Over the past few years the real estate market has seen signi�cant growth, this has been fuelled by a number of factors including the introduction of non-domicile status, additional tax incentives, the relocation of high-level sta� to ensure substance, the highly attractive immigration programs and of course early investors that recognise the islands signi�cant growth potential. Real estate transactions have been consistently and considerably rising for the past four years, as re�ected in the �gures below.

PROPERTY TRANSACTIONS YEAR ON YEAR INCREASED DEMAND

THE LUXURY SECTOR

500

20142013

1.1931.0171.349

1813

2406

2015 2016 2017

1.000

1.500

2.000

2.500

increase in no. of properties sold to

foreigners in 2017 compared to

2016

33%2017

Department of Lands and Surveys (DLS)

The luxury real estate market is heavily dominated by Pafos and Limassol which account for the vast majority of property transactions, particularly to foreigners. According to the land registry statistics the two cities have very similar performance with Limassol dominating in apartment sales and Pafos for villas.

The luxury real estate market

(€1.5m+) is going from strength to

strength.

increase in transactions with a value of €1.5-3M in

2016 vs 2017

of high-value transactions are in Pafos & Limassol

(On �rst Property)(if subject to VAT )

INHERITANCE TAX

IMMOVABLE PROPERTY TAX

TRANSFER FEE

VATINCENTIVE

ZERO ZERO ZERO �%

Sale contracts filed by foreign buyers (2013 - 2017)

54% 88%

16 | Real estate trends

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EXITSTRATEGY 3 Years

DUALCITIZENSHIP Permitted

PUREINVESTMENT No donation element

VISA-FREETRAVEL 173 Countries

Define your future

CYPRUS INVESTMENT PROGRAM

FAMILY

VERYPRACTICAL

SECURITY

Dual citizenship o�ers an e�ective tool for international tax planning and provides �nancial privacyfor banking and investment. It improves personal security, enhances freedom of movement andopens up signi�cant opportunity. The Cyprus Investment program enables a non-Cypriot, that meetsthe economic criteria of the program, to acquire citizenship for himself and his family, includingdependent children up to age 28. The program requires an investment of €2M into residential realestate, an investment which must be retained for a period of three years. All nationalities are eligibleto apply, the application examination period is six months.

› No tax consequences› No need to relinquish current nationality› No language requirement, medical test, interview› Pure investment - no donation element› Main investment can be sold after three years› Investment can generate a good return

› Investor and spouse› Dependent children up to age 28› Parents of main investor› Citizenship passed on by descent

› European citizens have the right to protection by the diplomatic or consular authorities of any EU country in a 3rd country (country outside the EU) where your home EU country is not represented by a consulate› Cyprus offers a great place to visit / live, it enjoys a strategic geographical position, offers excellent worldwide connections, has excellent infrastructure, a pleasant climate & is highly stablet

In addition to making a real estate investment applicants must also meet the followingcriteria / supply the following documents:

FREEDOM

APPLICATION CRITERIA & FEES

EDUCATION & HEALTH

BUSINESS

BENEFITS

INVESTMENT CRITERION

MOBILITY

TAXESGOVERNMENT FEES

CONDITIONS

1.

2.

3.

The main investment may be sold after 3 years; however, the investor must always maintain / purchaseaproperty with a value of at least €500,000Property purchased up to 3 years prior to the submission of the citizenship application will count towardsthe required investmentApplicants must hold a clean criminal record from the country of origin & country of residence if di�erent& their name must not be on the list of persons whose property is ordered to be frozen within the EU

All nationalities are eligible to apply & the requirements & process are very straightforward.

› The freedom to live, work, travel, anywhere in the EU› EU citizens also enjoy the rights in Switzerland, Iceland, Lichtenstein & Norway which participate in the European Economic Area (EEA)

› Free trade within EU, business access to 500 million EU citizens› Establishment & free movement of services & goods

› European citizens have the right to attend schools or universities within any EU country for free or with reduced tuition rates, as applicable› European citizens can access the established first-class EU health care systems

› Passport (copy)› Birth certi�cate › Police clearance certi�cate

› Submission fee €2,000 per adult, minor child €80 › Approval fee €5,000 per adult

› Vat may be reduced to 5% on the 1st property purchase (1st 200m2), instead of 19%› Additional taxes & duties approximately €4,000

› Marriage certi�cate (if applicable)› Detailed biography

› Unrestricted right to live, work, travel & study anywhere in the EU› Visa-free travel to 173 countries

Citizenship may be obtained through a secure property investment, the �nancial criterion is as follows:

€2 Million investment in residential real estate (in a single property or portfolio)

Parents of the main investor can be included in the application provided that they purchase a permanentresidence property with a value of at least €500.000. This amount can be pooled in the main investmentif preferred..

18 | Cyprus investment scheme Cyprus investment scheme | 19

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We are so con�dent in the process and approval rate that we o�er a money-back guarantee should you not receive your permits within a two month period.*

* Two month period commences on the date of receiving your proof of submission of an application for an immigra-tion permit under regulation 6(2) reference number from the Cyprus Ministry of Interior. The guarantee is subject to you ful�lling the application requirements for the fast-track 6(2) permit. A two week grace period will be allowed for administrative delays.

› Freedom to live freely in Cyprus› It o�ers an insurance policy for the future› It enables you to own a business in Cyprus› It gives you the right to apply for Cyprus citizenship› It enables you to travel throughout Europe with ease› It enables you to access �rst class healthcare and education› The process and requirements are very simple and the permit is quaranteed to be issued within 2 months

Through a secure investment

PERMANENT RESIDENCY

MONEY-BACK GUARANTEE

KEY POINTS

The Cyprus PR program o�ers non-EU nationals guaranteed permanent residency within 2 months with a single, secure, real estate investment of €300,000. It applies to the investor, their spouse dependent children up to age 25 and the parents of the applicant and spouse. What’s more, the permits are valid forever! The process is extremely straightforward and can even be arranged remotely.

Our Company is experienced with the process and will gladly assist you to achieve your residency permit.

Permanent residency may be obtained through a secure property investment, the �nancial criterion is as follows:

€300,000 investment in new residential real estate (in a single property or two properties)

INVESTMENT CRITERION

TIME TO PR2 Months

RESIDENCY REQUIREMENT1 day every 2 years

PROCESSSimple, no language,medical exam or interview

APPROVALRATE100%

20 | Permanent residency Permanent residency | 21

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10 | Cyprus Overview

A SOLID TRACK RECORD

DEVELOPMENTS COMPLETED

250

OF RESIDENTIAL SPACE DELIVERED

PROPERTY PORTFOLIO ON THE MARKET

1,250,000 sqm

3 Billion Euro

INTERNATIONAL AWARDS

YEAR LEGACY

36

40

“ While our property portfolio represents diversity in types and price points, every property shares the same high quality standards that attract

the savvy investor ”Eva EliadouExecutive Director

ATHENS

PAFOS – LIMASSOL

MOSCOWBEIJING

SHENZHEN

HO CHI MINH

Be outstanding.

COMPLEMENTARY SERVICES

PROPERTY MANAGEMENT

PROPERTY SALES, RENTALS, RESALES

LEGAL & IMMIGRATION

LIFESTYLE & LEISURE

WEALTH MANAGEMENT CONSULTING

Founded in 1977, Our Company is the largest privately owned residential developer in Cyprus, dedicated to developing world-class properties for personal living and invest-ment. With our uncompromising e�ort in delivering the best in concept, design, quality and service, we continue to transform and set the benchmark for the Cyprus real estate sector. We hand-pick our partners from acclaimed international architects, engineers and interior designers to create prime, iconic and timeless properties. Our Company’s comprehensive develop-ments represent a diversity in locations and styles ranging from modern houses, Mediterranean villas and apartments, to integrated leisure resorts, towers, seafront properties, private estates and rare commu-nities.

A company with the expertise and reach to provide excellent customer service for our international clients

A GLOBAL PRESENCE

22 | Our Company Our Company | 23

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24 | Flagship Developments

ICONIC ADDRESS - LIMASSOL

ONE OF A KINDFor exceptional seafront living, exclusivity, rarity and security of invest-ment, ONE is the most sought after address in Cyprus. 37 storeys with 83 ultra-luxurious residences ensure its the tallest residential tower of its kind. ONE is a landmark of progress offering residents all the advantages of esteemed hotel service in the comfortable embrace of a secure, private home. The monumental height of ONE redefines the ultimate Limas-sol view - it has the greatest perspective on the city and is an altogether elevating prospect. As the effervescent Mediterranean Sea stretches out to the earth’s gentle curve, you have the world in front of you. You command the horizon.

ONE ADDRESSONE is situated on 28th October Avenue, Limassol’s most prized address. This prime seafront boulevard traces the coastline and runs parallel to its enchanting palm-lined promenade. Accented with boutique shopping and chic café culture, the select avenue effortlessly links its residents to the cen-tral business district, the most fashionable shopping quarter, the charming old town and the modern marinas. ONE gives the Limassol skyline a striking new definition. The tallest residential tower of its kind, ONE is a landmark of progress, recognisable from anywhere in the city.

ONE COLLABORATIONA collection of the world’s most renowned architects, designers and engi-neers have been brought together to originate ONE. They share an affinity for the exceptional, the unique and the genuine. The many perspectives that have combined to realise a building of such unrivalled quality are evi-dent in its striking aesthetic, its performance and its breathtaking elegance within the Limassol skyline. Apartments have been ingeniously designed with an uninterrupted flow between one side of the tower and the other. And with a maximum of just three apartments per floor, every residence at ONE offers unrivalled views. On one side, the sea provides the ultimate natural vista. On the other, the view of the city and the distant Troodos Mountains is magnetic by day and enchanting by night.

Flagship Developments | 25

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ONE RESIDENCEThe iconic tower offers unrivalled residences, each bathed in natural light and offering breathtaking views. The inspired mastery of fine architectural minds has realised a building that functions beyond expectation and ex-cites without apology. These are residences that directly connect with na-ture in the ultimate Mediterranean location. Services and facilities open up a world of luxury. Space beguiles and indulges. The building’s light, height, intrigue and elegance support the purity of a shared vision to create a new category of elite living in Cyprus.

ONE LIFESTYLEWithin the walls of ONE, residents have exclusive access to exceptional amenities, facilities and service.The spa is a sublime haven of peace, relaxa-tion and restorative treatments. The large pool, voluminous sun decks, planted terraces, bar with panoramic views, state-of-the-art fitness centre and restaurant all contribute to the sense that ONE is a world unto itself. A world apart.

- 24-hour reception - Concierge service - Secure car park - Bicycle parking - Outdoor swimming pool with deck area - Gym- Spa with treatment room, sauna & steam bath - Meeting room - Business centre - Wine cellar - Outdoor children’s playground- Children’s pool area - Outdoor sitting area/terrace

26 | Flagship Developments Flagship Developments | 27

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DESIGN PHILOSOPHYDesigned by world-renowned architects Woods Bagot, each home at Minthis is a masterpiece of openness, light and air. Sophisticated living comes from simplicity as homes bond the traditions of local vernacular design with modernist values and elegance. A beautiful rhythm of floor-to-ceiling windows lets the outside into spaces that are impeccably finished, granting residents a fresh perspective each day. Internationally celebrated architects Woods Bagot have let their philosophy be guided by the mosaic of the surrounding landscape.

A WORLD CLASS TEAM

28 | Flagship Developments

RESORT At its heart, Minthis is about enrichment; the timeless spirit of the landscape offers true escapism, where time is a treasure to be spent recharging and reconnecting. The pioneering architecture is light-filled and energising, designed to frame soul-stirring panoramas and connect residents with the refined simplicity of authentic Cypriot life. Resting in a breathtaking hilltop loca-tion, overlooking charming villages, majestic mountains and vineyards under an endless sky, Minthis redefines holistic living. At this residential retreat, embraced by herb-scented breezes and panoramic views, every home is a masterpiece, every breath is restorative and every moment is beautiful. LIFESTYLEExplore winding nature trails by foot or on horseback and tend to your own vines at the Minthis vineyard. Spend some time at the driving range or at the Sports Ground before unwinding at the ground-breaking Wellness Spa. As the sun sets, meet friends and neighbours for dinner and drinks at the Clubhouse or go to the Plateia where there is a range of dining options.

Flagship Developments | 29

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RESIDENCESInfluenced by the graceful architecture of traditional Cypriot dwellings, the Residences at Minthis are a collection of unique, customisable home designs that are built around key philosophies of light, luxury and landscape. Towering windows frame the views that unfurl before you, natural materials are tactile and authentic, and terraces and central courtyards invite peaceful reflection. Insightful layouts enhance Mediterranean living, as inside and out blend seamlessly; the full-height windows flood open-plan inte-riors with sunlight and warmth, sliding open to let in the sounds of birds and herb-scented breezes. Sip morning coffees on the veranda, enjoy lazy days by the private pool, and savour alfresco family BBQs on the patio. Residences are customisable – add anything from gyms and saunas to guest houses and wine cellars, and select from stylish, high end fixtures and finishes to create a truly personal, sophisti-cated home.

30 | Flagship Developments Flagship Developments | 31

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32 | Property Portfolio

An exclusive luxury resort settingMinthis offer a selection of villas in exclusive neighbourhood settings located throughout the resort. The latest edition, The Ridge, embraces its hilltop location with the designs framing the panoramic sea and majestic Troodos mountain range views. This neigh-bourhood of two and three bedroom contemporary villas includes private gardens, courtyards and plunge pools.

THE RIDGE, AT MINTHIS, PAFOSVillas from €1,325,000 +VAT

16km 23km 3km 500m 16km

IN BRIEFType > Boutique VillasBeds > 2 & 3Units > 15Pool/s > PrivateStatus > Under Construction

PP

IN BRIEF

PP

Property Portfolio | 33

Contemporary livingMinthis has a limited collection of two bedroom suites situated in a prime position next to the Plateia and Wellness Spa. With luxury lifestyle amenities on the doorstep these spacious suites offer a sanctuary of space and convenience. Set around a signature cantile-ver swimming pool, with views over the golf course and twelfth century monastery, these stylish homes also benefit from beauti-fully landscaped grounds and stunning views.

THE SUITES, AT MINTHIS, PAFOSSuites from €830,000 +VAT

IN BRIEFType > SuitesBeds > 2Units > 44Pool/s > CommunalStatus > Under Construction

16km 23km 3km 500m 16km

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34 | Property Portfolio

Luxury living in Limassol Aurai Residences comprise 11 exclusive three and four bedroom villas situated in one of the most prestigious residential suburbs of Limassol. The contemporary villas offer beautiful views spanning the entire width of the coastline. The designs blend modern architecture with natural materials, including wood, marble and stone, providing a perfect environment for Mediterranean living.

AURAI RESIDENCES, LIMASSOLVillas from €2,640,000 +VAT

3km 62km 2km 80km 9km

IN BRIEFType > Luxury villasBeds > 3 & 4Units > 11Pool/s > PrivateStatus > Under Construction

PP

Property Portfolio | 35

Sea view villasOlea Residences is rested on a hilltop in one of the most picturesque locations in Pafos. This luxurious development commands exceptional views of the Mediterranean sea and surrounding countryside. The location borders the Akamas National Park and the Pikni Pine forest, placing a wealth of beautiful scenery on the doorstep. While a wealth of amenities and restaurants are just a few minutes’ drive. The design blends modern architecture with traditional Cypriot style and character, incorporating local stone, terra-cotta roof tiles and glass. These traditional materials have been combined with an ultra-modern edge, resulting in enduring designs that fully exploit their spectacular setting. Each villa is airy and open in design, connecting the inside and outside through floor-to-ceiling windows. Villas have been carefully oriented to maximise views and all feature a private infinity pool.

OLEA RESIDENCES, PEYIA, PAFOSVillas from €1,230,000 +VAT

2km 25km 1km 26km 17km

IN BRIEFType > Luxury villasBeds > 3 & 4Units > 7Pool/s > PrivateStatus > Off Plan

PP

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36 | Property Portfolio Property Portfolio | 37

Luxury townhouses in a tranquil area overlooking the MediterraneanVista is located in a prominent hillside residential suburb of Limassol with beautiful coastal views. It provides an enchanting commu-nity combining modern elegance with Mediterranean design in a quiet neighbourhood, just minutes from the city. The develop-ment comprises twenty 2-bedroom townhouses, each with private roof garden, situated around a large residents pool and sun terrace. The contemporary homes, feature open plan layouts, airy interiors, and high quality materials and fixtures.

VISTA, AGIOS TYCHONAS, LIMASSOLTownhouses from €560,000 +VAT

11km 60km 100m 80km 10km

IN BRIEFType > Luxury TownhousesBeds > 2Units > 20Pool/s > 1 communal Status > Under Construction

Set in an area of outstanding natural beautyPine Seaview Villas comprises 30 exclusive villas and 6 bungalows set in a privileged position 150m from the sandy beach of Yialia. These superb 3 and 4 bedroom residences offer views and scenery to suit all preferences; they are surrounded by orchards, with a verdant backdrop of evergreen pine forests and feature magnificent views to the nearby sea. Ground floors boast spacious open plan living with feature fireplaces and many villas also include a guest bedroom suite on this level. Large verandas overlook the private pools and generous gardens provide the perfect setting for a tranquil outdoor lifestyle. Set in an area of outstanding natural beauty, the elegant design details to the interior and exterior of these villas blend harmoniously with the surroundings. Just a few minutes drive will take you to Latsi fishing village with a newly completed modern marina and the tourist attraction of the Baths of Aphrodite.

PINE SEAVIEW VILLAS, ARGAKA, PAFOSVillas & Bungalows from €655,000 +VAT

150m 58km 4km 39km 13km

IN BRIEFType > Luxury villas & bungalowsBeds > 3 & 4Units > 36Pool/s > PrivateStatus > Off plan

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An elegant contemporary development in the heart of LimassolVetro Suites development is located in an exclusive area in Ayios Athanasios, in the heart of cosmopolitan city of Limassol, surround-ed by a vast array of amenities. An elegant contemporary development, comprising ten luxuriously appointed 2 and 3 bedroom apartments, with open-plan living areas that extend onto large terraces. The project offers the perfect Mediterranean home and spectacular views of the sea, the city and the rural surroundings.

VETRO SUITES, AYIOS ATHANASIOS, LIMASSOLLuxury apartments from €475,000 +VAT

1,5km 65km 150m 80km 5,4km

IN BRIEFType > Luxury apartmentsBeds > 2 & 3Units > 10Pool/s > CommunalStatus > Launched

A privileged location in one of the most desirable residential suburbs of LimassolAria Residences enjoys a privileged location in one of the most desirable residential suburbs of Limassol, with spectacular views of the Limassol coastline and marina and just moments away from Limassol’s finest five star hotels. A collection of 6 luxury villas, 9 townhouses, 12 suites and 2 residences, Aria offers contemporary living just minutes away from the city. Aria Villas are set around private pools with stunning views to the sea, city and mountains. They respond to the confident tastes of discerning clients. Stone, warm iroko hardwood, luxurious marbles; every home at Aria draws upon natural materials that have been borne out of the earth. Arias’ modern architectural lines are carried through to the townhouses with striking cantilever terraces and double-height glass stairwells being key features of the facades. A perfect balance of materials, Aria townhouses feature fairface concrete, natural stone and iroko framed terraces. The clusters are separated with landscaped greens ensuring optimal circulation and maximising privacy.

ARIA RESIDENCES, LIMASSOLLuxury villas, Townhouses, Suites & Residences from €560,000 +VAT

10km 23km 1km 12km 10km

IN BRIEFType > Luxury villas, Townhouses, Suites & ResidenceBeds > 2 & 3Units > 29Pool/s > Private/communalStatus > Launched

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Detached villas in a luxurious neighbourhoodSet in the prestigious hillside suburb of Konia, Konia Park II comprises 16 detached villas with beautiful countryside views. The contempo-rary designs are available in three styles, offering varying floor plans to suit individual lifestyle requirements. All enjoy a high quality finish internally and externally. The architect has used clean modern lines with natural materials and open spaces to achieve a perfect balance of design and practicality. The plot enjoys a rural location in an established luxury neighbourhood, which is supremely popular due to its beautiful views, convenient location and air of seclusion. Konia is a hillside suburb of Pafos, located just a few minutes’ drive from a wealth of amenities and facilities. The location of these villas is ideal offering excellent accessibility to the city, coastline, highway, airport and Pafos’ most popular International school. The village itself offers a good selection of amenities including several taverns, a bank, bakery, primary and infant school, a minimarket and two churches. There is a strong sense of community and festivities are held on all major occasions.

KONIA PARK II, KONIA, PAFOSVillas from €466,000 +VAT

2km 14km(optional) 1km 10km 8km

IN BRIEFType > Luxury VillasBeds > 2 & 3Units > 16Pool/s > PrivateStatus > Off Plan & Completed

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Contemporary apartments and housesOasis Park is an elegant Mediterranean development offering contemporary apartments and houses in beautifully landscaped grounds. Located in the heart of Kato Pafos, Oasis Park enjoys an exceptionally convenient location that places a wealth of amenities, attractions and experiences on your doorstep. The architecture has a distinctly Cypriot feel due to elements such as natural stone, terracotta roofs and large private terraces and gardens, which are ideal for enjoying al fresco Mediterranean living! Small blocks of semi-detached houses ensure a sense of openness while enabling extensive green buffers and pathways that give the development a park like feel. Additionally, this design style ensures that properties blend with the natural surroundings while providing residents with optimal natural light and views. The properties encircle a 330sqm communal courtyard and gardens, complete with large residents swimming pool. It provides an oasis of calm to enjoy a refreshing dip or soak up some sun, while poolside changing facilities provide a little extra convenience. The architect has utilised the plots gentle gradient to ensure all apartments on the first to fourth floor enjoy beautiful sea views. What’s more, almost all properties are south facing!

OASIS PARK, PAFOSApartments & Townhouses from €399,000+VAT

2km 19km 2km 13km 3km

IN BRIEFType > Apartments and townhousesBeds > 2 & 3Units > 56Pool/s > CommunalStatus > Completed

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An enchanting community combining modern elegance with Mediterranean designSurrounded by orchards and ensconced within landscaped gardens, The Grove comprises of two and three-bedroom townhouses and villas. The contemporary designs are available as semi-detached, which enjoy a large communal swimming pool, and detached villas with the option of a private swimming pool. The Grove offers privacy and relaxation to residents and their families, providing the perfect setting to host friends and family. The architect has perfectly combined modern architecture with high quality finishes and a Mediterranean ambience to achieve beautiful homes in a truly unique setting.The designs harness natural light, ensuring contemporary airy living spaces. Each home opens out to an elegant terrace and private garden that overlooks the pool or communal gardens, offering an ideal space for alfresco dining. While all villas feature a spacious balcony which provides the perfect place to relax and absorb the beautiful views. Residents will enjoy pure serenity in their fragrant surroundings!

THE GROVE, KOLONI, PAFOSTownhouses & Villas from €350,000 +VAT

3km 10km 500km 11km 15km

IN BRIEFType > Townhouses & VillasBeds > 2 & 3Units > 36Pool/s > 1 communalStatus > Launched

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Elegant contemporary residencesAmathos Residences is an elegant contemporary development in the cosmopolitan city of Limassol, just 500 metres from the beachfront and promenade. Consisting of 1, 2 & 3 bedroom residences, this boutique development enjoys a prime address within walking distance to a vast array of amenities. Comprising eleven luxuriously appointed properties, all with open-plan living areas that extend onto oversized terraces, Amathos Residences offers the perfect Mediterranean home. The airy properties are finished in a cool contemporary palette that complements the sleek modern exterior and they enjoy great city and sea views.

AMATHOS RESIDENCES, LIMASSOLApartments from €350,000+VAT

500m 61km 10m 80km 9,6km

IN BRIEFType > Apartments, Duplex, PenthouseBeds > 1, 2 & 3Units > 11Pool/s > CommunalStatus > Launched

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The benefits of a luxury hotel integrated into a private residential resortFirst-class service and facilities that make life richer and less complicated.  A supremely convenient location places a wealth of amenities, attractions and experiences on your doorstep. A neighbourhood spirit with a holiday ambiance, where children can ‘be children’ with safety and freedom. A Mediterranean retreat where you can unwind, enjoy and relax with ease, while we take care of the rest. The 1, 2 and 3 bedroom apartments all enjoy abundant levels of natural light, contemporary design, elegant layout and a natural palette of materials. Each property features at least one private terrace, offering the perfect space to relax and take in the views.

ELYSIA PARK, PAFOSApartments & Penthouses from €345,000

IN BRIEFType > Apartments & PenthousesBeds > 1, 2 & 3Units > 291Pool/s > 4 communalStatus > Completed & Under construction

2km 19km 2m 13km 3km

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Luxury residential residences in a desirable locationAmaya Residences is located in a desirable location in the heart of Pafos Town, offering contemporary city living. This luxury residen-tial development consists of 1, 2 and 3 bedroom apartments and a private resident’s swimming pool. The project offers contem-porary architecture with high quality finishes and a Mediterranean ambience that one can enjoy from the spacious verandas. The project is set in a quiet affluent family neighborhood, just minutes away from a plethora of amenities and services and within a short drive from a selection of sandy beaches.

AMAYA RESIDENCES , PAFOSApartments & Penthouses from €274,000 +VAT

2km 19km 1km 13km 3km

IN BRIEFType > Apartments & PenthousesBeds > 1, 2 & 3Units > 29Pool/s > 1 communal Status > Launched

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Stylish apartments in a traditional villageDomus is located in an elevated position within minutes walking distance of the picturesque hillside village of Tala. From here you can truly savour some breathtaking mountain and Mediterranean Sea views. The large residents’ swimming pool and terrace overlooks landscaped gardens and offers a fabulous Mediterranean ambience, ideal for relaxation. The architectural domed roof features lend Mediterranean style and character to these contemporary homes. Tala village is a short walk away and offers a selec-tion of cafes, restaurants, supermarkets and a bank while the wealth of facilities in Pafos city are a 10-minute drive. It’s is also a five minute drive to the nearby sandy beaches of Coral Bay where the shallow waters are ideal for swimming and a variety of water sport activities.

DOMUS, PAFOSTownhouses & Apartments from €200,000 +VAT

10km 23km 1km 12km 10km

IN BRIEFType > Townhouses & Apartments Beds > 1 & 2 Units > 59Pool/s > 1 communal Status > Under construction

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A tranquil and unspoilt area of Cyprus...A tranquil and unspoilt area of Cyprus, Pro dromi is ideally positioned between the traditional town of Polis and the picturesque fishing port of Latsi.  The development comprises two & three bedroom houses positioned around two large residents’ infinity swimming pools, set amidst landscaped gardens.  The properties feature open-plan living, dining and kitchen areas that open out to private verandas and gardens, idea for dining al fresco!  Terracotta roofs, arches and stone detailing add traditional elegance to the properties.  The elevated position of Prodromi Gardens offers spectacular views of the surrounding countryside and coastline.

PRODROMI GARDENS, PRODROMI, POLISTownhouses from €300,000+VAT

DESIRE GARDENS, PEYIA, PAFOSApartments & Townhouse from €195,000 +VAT

2km

2km

50km

50km

1km

1km

5km

5km

2km

2km

Stylish LivingLocated in an elevated position with excellent Mediterranean Sea views near the village of Peyia, these stunning properties are set in beautifully landscaped private grounds. A large residents’ pool sur-rounded by a paved relaxation area makes it a pleasure to enjoy the best the Mediterranean lifestyle has to offer. Desire Gardens offers a delightful array of apartments and houses. Four private low-rise blocks comprise thirty-eight 1, 2 and 3 bedroom spacious apart-ments that all enjoy enviable coastal views from the balconies. Many apartments enjoy both an en-suite and a main bathroom. A selected penthouse apartment offers the luxury of a private swimming pool on the roof and others have wonderful roof gardens that can host your private outdoor Jacuzzi.

ANARITA CHORIO, ANARITA, PAFOSHouses & Apartments from €125,000 +VAT

5km 38km 50m 30km 17km

Modern traditional houses and apt. in peaceful settingAnarita Chorio comprises contemporary houses and apartments set around three large outdoor residents’ swimming pools.  The proper-ties and pools are surrounded by beautifully landscaped gardens, planted with indigenous Mediterranean bushes and trees.  Traditional Cypriot arches and gently sloping terracotta roofs lend a Mediter-ranean feel to the design.  The properties offer airy open-plan living spaces with generous verandas and some possess a private garden.  The development is situated within walking distance of the village of Anarita, which offers a good selection of amenities including several local tavernas.  

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