Cyprus is an excellent place for purchasing luxury real estate in every sense.
Properties on the front line have the closest access to the clean, warm, and beautiful Mediterranean Sea. At the same time, the prices for housing here are significantly lower than in many other EU countries with coastlines. This is why buying real estate in Cyprus is an attractive and profitable option for foreign buyers.
Note: Real estate in Cyprus is steadily increasing in value, so it is often considered an investment opportunity. Moreover, the island's authorities encourage contributions to the local economy by offering simplified procedures for obtaining Cypriot Permanent Residency (PR).
Why buy luxury real estate in Paphos?
Owning luxury real estate in Cyprus offers unique advantages:
- Attractive climate. More than 300 sunny days per year create perfect conditions for both vacations and comfortable year-round living.
- Proximity to the sea. Beach vacations, including those for families with young children, are available for 8-9 months a year.
- High level of safety. Cyprus is one of the leading European countries in terms of low crime rates and the absence of natural disasters.
- Tax benefits. The favorable tax system makes Cyprus attractive to investors, businessmen, and property owners.
- Infrastructure. The large cities of Cyprus offer a dynamic and comfortable quality of life.
- Investment stability. Real estate on the island maintains its value, and demand for luxury properties is continuously increasing. Additionally, renting out properties can provide high passive income.
Among all the regions of the island, Paphos stands out. This city combines the luxury of modern residential complexes, the tranquility of picturesque nature, and a rich history, reflected in ancient monuments listed as UNESCO World Heritage sites. Paphos cannot be called too busy or noisy (compared to Limassol or Nicosia), but it is well-developed in terms of infrastructure. It has a special atmosphere that can make you fall in love with it at first sight.
It is also worth noting that the suburban areas of Paphos are becoming increasingly popular with both local and foreign buyers. These areas are valued for their tranquility and proximity to nature, which are becoming more in demand in the 21st century, especially among weary residents of megacities.
Another huge advantage that Cyprus offers to buyers of luxury real estate is the simplified permanent residency (PR) program. This program can be accessed when purchasing property worth at least 300,000 euros. It attracts many people due to its transparency, fast processing, and minimal requirements.
Here are the main requirements of the program:
- Minimum investment amount: 300,000 euros (excluding VAT).
- The property must be new (purchased on the primary market), and can be residential homes, apartments, or commercial properties.
- The purchase must be made from a developer company registered in Cyprus.
- The investor must confirm their foreign income, which will be sufficient for them to live in Cyprus.
- If PR is granted to other family members of the investor, income must also be confirmed for them.
- A fixed deposit must be made in a Cypriot bank for at least three years.
- The applicant must have no criminal record and a clean reputation, and must confirm that the property purchase is funded by money earned outside of Cyprus.
It should be understood that the Permanent Residency obtained through the investment program does not allow the holder to work in Cyprus. Therefore, the investor and their family must have a stable income coming from outside the island.
Advantages of the program:
- Fast processing: The application is considered within 2-3 months, with a maximum of 6 months.
- Permanent status: PR is granted indefinitely and is automatically renewed every five years, as long as the applicant does not stay outside of Cyprus for two consecutive years.
- Family inclusion: The spouse and children of the applicant can also obtain PR under this program.
- Possibility of obtaining Cypriot citizenship: After 7 years of permanent residence, the applicant can apply for Cypriot citizenship.
This program makes purchasing real estate in Cyprus not only a profitable investment but also opens new horizons for a comfortable move to the island with its mild climate and high standard of living. Below are properties in the Paphos area that are perfect for those seeking luxury seaside real estate with the option for investment and permanent residence.
1. Maniki Beach Villas
The luxury villas in the Maniki Beach Villas complex are located in Peyia, one of the most picturesque areas of Paphos, offering a blend of natural beauty, modern amenities, and a peaceful atmosphere. Here, surrounded by green hills and with views of the azure waters of the Mediterranean Sea, several luxurious villas are situated, ideal for sophisticated and comfortable living.
Here are a few words about the advantages of the village of Peyia:
- Scenic landscapes: The area is known for its hills, rocky shores, and proximity to famous beaches, including Coral Bay – one of the best sandy beaches on the island.
- Convenient amenities nearby: Shops, restaurants, schools, and medical centers are within walking distance. This makes it an ideal place for family living or vacations.
- Active lifestyle: Hiking trails, nature parks, and outdoor sports activities make life here vibrant and diverse.
All the villas are designed with attention to detail to meet the highest demands of future residents:
- Number of levels: 2 floors that seamlessly connect the common and private areas. The first floor features spacious living rooms and an open-plan kitchen, while the second floor has cozy bedrooms with panoramic views.
- Number of bedrooms: From 4 to 6, including a master bedroom with an en-suite bathroom and walk-in closet.
- Bathrooms: 5, each designed in a modern style with high-quality materials.
- House area: From 301 m² to 439 m², providing ample space for the entire family.
- Energy efficiency: Class A, ensuring economical property maintenance.
- Pool: Private pool with a terrace, perfect for family or friend gatherings, where you can enjoy the sun and sea views.
- Location: Just 450 meters from the sea.
Each villa in Maniki Beach is part of an exclusive gated community with developed infrastructure, including extensive public areas, landscaped grounds, and a high level of security. The amenities of the complex support an active lifestyle and a comfortable stay.
The villas offer a unique combination of modern design, natural beauty, and a comfortable location. The two-story space, spacious relaxation areas, private pool, and panoramic views make the residence not just a home, but a place where dreams of luxurious living come true. Living here, each owner can enjoy the natural beauty of Peyia, active leisure, and the comfort of their own seaside home every day.
Available properties for sale in the Maniki Beach project
2. Palisandro Hills
Palisandro Hills is a unique project in the prestigious Peyia area of Paphos. Located on a picturesque hill, the villas in this elite complex offer a refined lifestyle surrounded by nature and breathtaking panoramic views.
Each villa is designed with the latest standards in mind to ensure the highest level of comfort for residents:
- Floors: 3 levels, allowing for efficient space zoning. There are spacious living rooms, private bedrooms, and luxurious relaxation areas, such as the rooftop terrace (on the third level).
- Number of bedrooms: From 4 to 6, including a master bedroom with panoramic windows and a sea view.
- Size: From 414 m² to 497 m², providing enough space even for a large family.
- Energy efficiency class: A, ensuring modern eco-friendliness and low operating costs.
- Technology: The "smart home" system allows control of lighting, climate, and security remotely, while the VRV air conditioning system ensures the perfect microclimate year-round.
- Exclusive furniture: The villa is furnished with premium Italian furniture that highlights the sophistication of the interior.
- Pool: A small private pool serves as a place for relaxation and enjoyment of the warm Cypriot sun.
Palisandro Hills is located just 1.5 km from the Mediterranean Sea, offering the perfect balance between tranquility and easy access to the coast. The distance from the beach ensures a peaceful atmosphere and privacy, while the elevated position on the hill provides stunning panoramic sea views. At the same time, the road to beaches, restaurants, or places for sea excursions is only a few minutes away, allowing residents to enjoy all the benefits of seaside living.
Note: The Paphos marina is located nearby, offering a view from each villa in the complex.
Palisandro Hills offers more than just housing; it provides a unique lifestyle. Residents will enjoy breathtaking views of nature and the sea, relax in the privacy of their own home, and benefit from all the advantages of modern living in an elite villa. The project is in its final stages, and all villas will soon be ready to welcome their first owners.
Available properties for sale in the Palisandro Hills project
3. Cap St. Georges Beach Club Resort
Cap St. Georges Beach Club Resort is a unique resort complex located on the western coast of Cyprus in the Peyia area, not far from Paphos. Comprising luxurious villas built in a modern style, the resort offers a unique atmosphere that combines seclusion, comfort, and impeccable service.
Here’s a brief overview of the features of each villa:
- Number of floors: Single-story and two-story villas with spacious interiors that create a sense of freedom and openness.
- Number of bedrooms: From 3 to 6, including master bedrooms with picturesque sea views and private balconies.
- Area: Ranges from 194 m² to 580 m², providing ample space for comfortable living for a large family or rental purposes.
- Pool and garden: Each villa comes with its own private pool and well-maintained landscaped gardens, perfect for outdoor relaxation.
- Energy efficiency: Class A with the use of modern technologies, ensuring high comfort and eco-friendly living.
The complex is located just 10 meters from the sea, allowing its owners to enjoy privacy on their private sandy beach. Stunning views of the Mediterranean Sea and proximity to the beach make every morning special. This location is ideal for those who wish to enjoy nature while being within walking distance of urban amenities.
The complex infrastructure offers its residents all the amenities for permanent or temporary living:
- Private beach with access exclusively for residents of the complex
- Clubhouse, which includes a restaurant and bar
- Spa and wellness center, where guests can relax and recharge
- Fitness center, tennis courts, and sports grounds for active recreation
- Concierge service to handle any tasks for residents, including event organization and transfers
- 24/7 security services to ensure safety and privacy
Cap St. Georges Beach Club Resort provides all the necessary facilities for a comfortable and relaxing beach holiday, with stunning views and excellent infrastructure.
It is ideal for those looking for a permanent residence or for those wishing to make a profitable investment in seaside real estate.
Available properties for sale in the Cap St. Georges Beach Club Resort project
4. Adonis Beach Villas
Adonis Beach Villas is an exclusive coastal complex located in one of the most attractive corners of Paphos, namely in the Chloraka area.
Chloraka is a picturesque and prestigious district located just a few minutes from the center of Paphos, attracting with its tranquility and natural beauty. It offers ideal conditions for those who value privacy, yet do not want to be far from urban infrastructure.
One of the main advantages of the area is its proximity to the sea. Chloraka is located just a few minutes' walk from the best beaches of Paphos and only 5 minutes from the historic harbor, which is an important tourist and cultural center of the city. Additionally, Chloraka has excellent transport connections to other parts of Paphos. The area is well-equipped with all the necessary infrastructure for everyday life: shops, restaurants, cafes, schools, and medical facilities are all within walking distance, while the area remains peaceful and pleasant, free from noise and hustle.
Adonis Beach Villas are ultra-modern villas with luxurious finishes and high-quality construction, offering their owners a unique opportunity to enjoy the Mediterranean lifestyle.
Features of all the villas:
- Floors: Two-story homes with spacious and bright interiors provide ample space for comfortable living.
- Bedrooms: From 3 to 5, including master bedrooms with panoramic sea views.
- Living space: Ranging from 150 m² to 598 m², depending on the selected villa, providing room for the entire family.
- Pool and outdoor relaxation area: Each villa is equipped with a private overflow pool, as well as landscaped gardens perfect for relaxation.
- Energy efficiency: A-class villas with modern technologies for comfortable and eco-friendly living.
- Finishes and furniture: Modern kitchens, designer bathrooms, and exclusive renovations.
- Parking: Large and spacious parking spaces.
The Adonis Beach Villas complex is located just 40 meters from the sea, allowing owners to enjoy the endless waters of the Mediterranean right at their doorstep. The complex's infrastructure offers all the necessary amenities for a comfortable life.
Buyers of Adonis Beach Villas receive special privileges through the Leptos Coral Club Card, including discounts and bonuses at Leptos Calypso hotels and resorts in Cyprus and Greece. Additionally, owners can take advantage of high-quality medical services at IASIS HOSPITAL, one of the best private hospitals in Cyprus.
Available properties for sale in the Adonis Beach Villas project
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