Property in Cyprus

Posts Tagged ‘Cyprus property Paphos’

Cyprus Golf is as popular as ever and at Minthis Hills (www.minthishills.org) we have a club that is going from strength to strength.   A full calendar of competitions take place throughout the year and on the 28/03/10, we held our Monthly Stableford Competition, sponsored by Goose, Fat & Garlic.  The winners were:

Division  I                                     

1^st Winner          C. Monks                            

2^nd Winner          D. Hudson                     

 Division II

1^st Winner          M. Stephenson   

2^nd Winner          P. Talbot                         

3^rd Winner          L. Gilchrist                  

 

Ladies

1^st Winner          Y. Preeme                        

2^nd Winner          M. Fortescue                    

3^rd Winner          G. Jones

The Kingdom of Saudi Arabia (KSA) has already demonstrated that it has potential for Pafilia and its Cyprus properties, especially Minthis Hills, whose barefoot luxury villas and bungalows are very appealing to Saudi Arabians and expats. As result, we have opened up our first office in the Middle East, in Jeddah, KSA in the Al Andalous area of the city.

The company has a strategy of establishing local offices in key geographies with a view to providing local support and knowledge in local languages. Part of our Global network, this now joins our London, Moscow, St Petersburg, Kiev, Dublin and Chania offices. To head up our activities in KSA, Kyriazi Anghelopoulos has been appointed as Saudi Arabia area manager, who has a great deal of valuable experience in this region. I look forward to working very closely with him so that together we can realise our vision for the area.

We marked the occasion with an inauguration ceremony where our partner in KSA, Sheikh Mohammed Bakhashwain, and I signed the contracts for the office. This was followed by our first invitation only Pafilia seminar held at the Hilton, which was highly successful.

Cyprus is new to Saudi Arabians, but there are very strong reasons why we believe that we can provide expatriates and Saudi Arabians alike with what they desire; attractive holiday homes or investment property in an EU country which has a warm and pleasant climate, mountains, sea and so much more while being just a short flight away. Cyprus and Saudi Arabia each have a rich cultural heritage going back to ancient times, while having all the advantages of a modern cosmopolitan society.

Another aspect in the attraction of Pafilia’s Cyprus properties is that the Government has announced that non-EU citizens investing a minimum of €300,000 in property in Cyprus are highly likely to be granted an immigration permit, which is equivalent to a permanent residence permit. There will no longer be a need for visas or renewal of residency permits for non-EU citizens and owners will gain almost the same rights as Cypriot citizens.

In addition, Cyprus is the perfect place to enjoy life to its full. As well as its climate, Cyprus has a very relaxed lifestyle that removes the stress of everyday life. The low crime rate and family oriented culture create a safe and secure environment where your children can play outside without worrying. This is supplemented by an excellent education system, first class healthcare and state-of-the-art infrastructure. Cyprus is also an International business centre, where there are Inward Investment initiatives and where you can set up a company easily. It has low or zero taxation and bilateral tax treaties with a vast variety of countries, providing a gateway into the EU.

Cyprus properties are now competing against the best in the world, with Minthis Hills winning 5 stars in two very competitive categories in the Europe & Africa Property Awards 2009 – “Best Golf Development” and “Best Architecture (Multiple Units)” for both the resort and its golf course properties.  Minthis Hills has now been nominated for the International Property Awards as well to compete for the accolade of World’s Best in each category.

 

Obviously we are very pleased about this news and, to quote Demetris Ashiotis, one of our executive directors, “Minthis Hills is special to us, we live and breathe it.  It is an opportunity to take everything we do to new levels.  It will be the address not just in Cyprus, but the Mediterranean.  We are very proud to have this recognised and it demonstrates our ability to compete at the highest eschelons.”

 

Designed by Woods Bagot of Emirates Towers fame, our private residences combine traditional and modern features to create a look and feel that possesses universal appeal.  Both the properties and the resort as a whole have been designed to be the epitomy of barefoot luxury.  They bring you close to nature, the views and the wide open spaces and at the same time offer real pampered luxury with 5 star services.  By blurring the boundaries between inside and outside, the architecture is in touch with nature, while the whole design and the finishes exude luxury.  Traditional Cypriot mountain village elements, such local stone and wood and interior courtyards, are a fundamental part of the design, while facilitating energy efficiency by encouraging cross-ventilation to provide natural cooling during Summer.

 

Part of the renowned International Property Awards, the European Property Awards have been running for 15 years.  The judging panel included Eric Pickles MP, chairman of the Conservative Party, Ben Wood, industry head property markets of Google UK; Peter Bolton King, group chief executive of the National Federation of Property Professionals; Imtiaz Farookhi, chief executive of the National House Building Council; Christopher Hall, president elect of FIABCI; Wilhelm Harnish, Master Builders of Australia (MBA); Thijis Stoffer, International Consortium of Real Estate Agents Association (ICREA); Helen Shield, editor-in-chief of International Homes Luxury Collection magazine and Gillian Farr, head of design of Laura Ashley Home.