Property and Information Magazine

Transcription

Head Office:
Sales Office:
Avlida Hotel:
Stasis Estates
Avlida Hotel
Tombs of the Kings road
8101 Pafos - Cyprus
P.O.Box 60257
Direct Tel: +357 26221484
Direct Fax: +357 26 946098
Shop 2, Marina Court
117, Apostolou Pavlou
8046 Pafos - Cyprus
Direct Tel: +357 26822884
Direct Fax: +357 26933083
Avlida Hotel
Tombs of the Kings road
8101 Pafos - Cyprus
P.O.Box 60257
Direct Tel: +357 26946000
Direct Fax: +357 26934815
Web: www.AvlidaHotel.com
e-mail:[email protected]
Whilst every effort has been made to provide accurate and up to date information, the information in this publication is for guidance only and does not constitute a contract and/or offer or
warranty. Photographic images, artist impressions, distances and descriptions should be treated as indicative information and may not necessarily be accurate in every respect.
Call Free From Cyprus: 8000 99 88
From Abroad Call: (+357) 26 22 14 84 or: (+357) 8000 99 88
www.StasisEstates.com - [email protected]
Dear Readers,
We would like to welcome you to this edition of Stasis Estates Property Magazine.
Founded in 1983, our company has grown to be one of the most reputable developers amongst
our clients and amongst the most respected in our industry. This is because of the way we do
business, our core values, as a company and as individuals within the company.
Over the years we have designed, built and sold hundreds of apartments, townhouses, villas and
larger residential, commercial and leisure projects. In every single one of our developments, our
Number One priority has been and will always be to achieve customer satisfaction. Maintaining
our family culture, we have been successful in providing an exceptional service from initial contact
to delivery and beyond for hundreds of home owners. The energy and passion of our younger
members along with the experience and knowledge of our older ones are not the only guarantee
of our commitment to you. Ask for a presentation of our numerous new and older projects, some of
which are presented in this magazine.
Thank you for picking up this copy of Stasis Estates Property Magazine. It will allow us to show
how you can join many happy home owners who have bought property from our company. It will
also allow you to see how your dream life in Cyprus can become a reality.
Stasis Estates
Contents
Contents
Company Profile................................................................................01
Why Stasis Estates?...........................................................................02
Inspection Visits................................................................................04
Borrowing for your Stasis Estates property...........................................05
The Avlida Hotel................................................................................06
Information on Cyprus.......................................................................08
PafosYour Home, your Investment........................................................08
Kings Bay Park..................................................................................10
Coral Bay Villa No. 27........................................................................13
Askos Coral Bay Villas........................................................................15
Peyia Panorama Villas.........................................................................19
Kings Maisonettes..............................................................................25
Tala Sunset Villas...............................................................................28
Peyiana Village...................................................................................33
Melissovounos Villa No. 33.................................................................43
Kings Beach Park...............................................................................45
Buying your property..........................................................................48
Cyprus In detail.................................................................................50
Company Profile
Stasis Estates was founded in 1983, at a time when actual, real and registered companies dealing
with property developing where only a handful in Pafos. We have grown into a company involved in
the developing, building and operation of residential, commercial and leisure projects. From the very
beginning customer satisfaction has been not only our goal, but is treated as part of our ethics. This
concept was pioneering for its time, and has since then been copied many times but rarely matched.
Our initial activities involved developments of residential and commercial projects in central areas of
Kato Paphos. Building on to our good reputation and listening to our valued customers, the company
was one of the first to expand in other areas that are increasingly popular today. These areas include
Peyia, Saint George, Sea Caves, Coral Bay, Tala, Agios Neophytos, Pafos Town and suburbs to
mention just a few. Only a few years later, in 1990 we designed, constructed and since then operate
the Avlida Hotel.
This luxurious 4 star 200 room hotel, carefully designed to the highest standards with two restaurants,
three bars, extensive lounge area, large swimming pool with rock formations, lazy river, conference
facilities and boasts one of the best locations in the Pafos area. We accommodate our inspection visit
customers but also arrange greatly discounted accommodation for our off-plan buyers who wish to
visit their future home during construction.
We have continued to build in various locations in the Pafos district and always develop to the highest
standards and specifications. We have and always will select prime locations, excellent materials and
modern designs. We have an extensive portfolio of luxury villas, bungalows, townhouses and
apartments to suit all budgets.
From Studios to luxurious 5 bedroom custom made villas, whether you are looking for a permanent,
holiday or retirement home or an investment opportunity, Stasis Estates has the property for you.
In a variety of locations
All with
Heavenly sea front views
Excellent prices
Tranquil village surroundings
Quality finishes
Bustling residential areas
Modern designs
Idyllic mountain settings
Unbeatable terms of payment
We can offer to you
Luxurious Villas
Bungalows
Townhouses
Apartments
01
Why Stasis Estates?
Proven Track Record
Stasis Estates has been operating since 1983 and we have developed a large number of
properties, all of which to the same high quality and we would be glad to show them to you.
Value for Money
Your money does not need to cover expensive and ineffective marketing campaigns, nor highpriced purchases of bad building materials, nor re-doing of careless sub-contractors work. All of
our operations are controlled and thus we are able to offer you the best projects at the lowest
prices.
Superb Payment Terms
Using our good reputation and based on our excellent relations with the financial institutions, we
have successfully secured the best mortgage deals for our customers. From the least of deposits
to minimum interest rates to maximum years of repayment, financing your Stasis Estates bought
property could not be easier.
No VAT
Before the taxation laws changed, we have submitted planning permissions for a number of our
properties and they are not charged VAT, which means even better prices for you. These
properties are clearly marked in the following pages.
02
Why Stasis Estates?
Quality Construction
We always select materials of the highest specifications and use contractors and craftsmen of the
highest reputation, building to international standards and regulations.
Luxurious Finishes
A brief visit to any of our finished developments will convince you that the interior features, designs
and materials are of excellent standards, setting a point of reference for other developers to follow.
Exceptional Locations
All of our properties have incomparable locations. Whether they have unobstructed sea, mountain,
or valley views, are walking distance to beaches amenities or leisure facilities, in a tranquil village
setting or in a bustling central location, all Stasis Estates locations stand out from the crowd.
Variety of Designs
Our designs vary in terms of modern or classical concepts. What they have in common are
principles like comfort, spacious living areas, ease of access and best utilisation of space with the
customer in mind, not our own convenience in costs or otherwise.
Personalised Service
No matter how big or how small the property you choose, you will always get our personal attention
in all our dealings because we understand your needs.
03
£79
Inspection Visits
We make every effort to offer our customers a full service and with that in mind, Stasis Estates is
happy to announce that we offer inspection visits.
Without doubt, the best way to decide about buying a home in Cyprus is by making a personal
visit. If you want to see for yourself the location of an off-plan property that you find attractive, any
under construction or finished property, just contact us. The inspection visit will be made at a
minimal cost to you, only 79CYP. Just contact our sales department with your requirements and
leave all other details to us. We can arrange your flights and accommodation, in our luxurious 4
star Avlida hotel.
This way we will be at your disposal and in easy reach to answer any queries or questions you
may have on a one-to-one basis.
We are sure that we have a property suited for you, and an inspection visit will assure you of your
choice.
The Avlida Hotel
Designed, built and operated by Stasis Estates, the Avlida hotel is conveniently placed to suit
business and leisure travellers alike. Situated opposite the world renowned “Tombs of the Kings”,
visitors to our 4 star hotel will be amazed at the attention given to detail: From the features of the
two outdoor swimming areas, two restaurants, three bars, luxurious lounge area, health and
conference facilities, to the elegantly appointed two hundred rooms and to the exceptionally high
standards of service. We are sure a stay at the Avlida hotel will delight all its visitors.
Turn to page 6
04
Borrowing for your Stasis Estates property
You may be surprised as to how much more advantageous it is to borrow from a local Cypriot bank
rather than from your overseas bank. This is becoming increasingly popular as it is in almost all
cases financially more beneficial. Stasis Estates has achieved agreements with local banks to
offer highly favourable rates to buyers of our properties. Depending on the specific property,
Stasis Estates property buyers can expect:
Borrowing up to 80% of the property value
No repayments for up to two years after completion
Grace periods possible
Interest only payments period 2 to 5 years
Repayments up to 35 years
05
Information on Cyprus
Cyprus, the third largest island in the Mediterranean, is situated in the eastern end of the
Mediterranean, is a land of truly magnificent natural beauty and rich culture. Enjoying
hot summers and mild winters, Cyprus has been for decades an established tourist destination.
Small as it may be, Cyprus is indeed the island for all seasons. Sandy beaches that go on for miles
and crystal clear water forms the majority of the coastline of Cyprus. Colourful plantations and
rare wildlife find refuge in the Akamas forest. One can ski on the snowy slopes of Troodos
mountains, and during the same day swim in the crystal clear Pafos beaches. The 8000 year
history of Cyprus is quite evident in ancient fortresses, castles, Tombs and Mosaics. Plenty for the
cultured to study and admire.
Such is the nature of Cyprus. It has something for everybody, small distances, perfect climate and
most importantly, welcoming people.
All the above are enhanced by the good infrastructure, membership to the EU and the
development plans for Cyprus. It is not by chance that so many foreigners have chosen Cyprus for
their retirement, permanent home, property investment or holiday home.
Pafos: Your Home, your Investment
The birthplace of Aphrodite, and ancient capital of Cyprus, Pafos has rich heritage and culture.
Aphrodite, the Goddess of Love choose Pafos to be her home as she found the beauty of the area
to be unmatched.
Located on the South-West of the island, it is arguable that Pafos has the best climate all year
round. Heat does not reach intolerable levels and winters are milder and shorter than other
regions. It has been traditionally popular with families and older people, making it a year round
tourist destination, unlike other places in Cyprus.
There are many ways for you to enjoy the way of life in Pafos: Take pleasure in a day of shopping in
the traditional market in the old town where you will be amazed at the abundance of shops of all
sizes selling all sorts of local products. Take a walk along one of the many sandy or pebble
beaches and admire the breathtaking crystal-clear blue waters of the Mediterranean. Visit Tombs
of the Kings, St. Pauls Pillar, the Mosaics or one of the numerous archaeological and cultural
sites. Spend a day in the beautiful and unspoiled Akamas National Park, and live the splendour of
Cyprus wildlife and plantations close-up.
Despite its increasing demand, Pafos is being developed at a reasonable pace. The prospects of
Pafos as a region in its entirety are now fully recognised, with big changes on the way. Pafos is
already home to three golf courses, luxury international hotel chains and hosts operations of
multinational corporations. A new airport and a Marina are in the pipeline, which will give an even
more upgraded feeling to Pafos. EU Membership and all the associated benefits have and will
continue to play an important role to the Pafos district.
In addition to the above, one must always consider the lower cost of living, taxation advantages,
the short distance from major European destinations and the very competitive payment terms
available with Stasis Estates properties. It is easy to see that there is no better time to invest.
08
Reasons to Invest in Pafos
?
Eu Member since the 1 of April 2004.
?
Euro Currency from 2008.
?
Excellent level of private and public education.
?
No employment permits required from EU citizens.
?
Easy access from UK, Europe and all major destinations with over 40 main airlines
servicing Pafos and Larnaca international airports.
?
Low crime rate: 1/6 of the UK.
?
Low cost of living, around half of the average European.
?
Low priced, accessible and advanced health services both private and public.
?
Driving on the left with all road signs in English.
?
Banking, legal and accounting systems based on British principles.
?
No inheritance tax.
?
No capital gains tax on Euro 17,086 (CYP 10,000) profit.
?
Thriving property market, capital appreciation of around 15% per year for the last 5
years with indications of increase.
st
A Less Taxing Life
Apart from the year long sunshine, the hospitality of Cypriot people, history that extends
thousands of years and the healthier life of the Mediterranean diet, Cyprus is amongst the EU
countries with the lowest taxation levels. Residency status can be achieved if you live on the
island for six or more months of the year, and with minimum paperwork. Some of the benefits
include:
5% on investment and pension income
Tax free capital
No Estate Duty on property owned overseas
0% Inheritance tax
20% Capital Gains Tax*
*with the first EURO 17,086 (CYP 10,000) exempt, and with ownership of five years or more the
exemption becomes EURO 85,430 (CYP 50,000).
09
Kings Bay Park
Located in the developing area of “Tombs of the Kings”, Kings Bay Park is a unique development
situated 300 meters from the beach and 10 minutes walk from the local market. Ideal for a permanent
residence, an investment, or a holiday home. Stasis Estates owned and managed four star Avlida
Hotel is located just fifty meters from the project. Kings Bay Park owners can enjoy usage of a large
swimming pool and sun-lounging area, the standard of which few other residential projects have. With
luxurious finishes, great sea views, at an unbeatable price, Kings Bay Park townhouses are surely an
opportunity rarely met.
Features
Close to amenities
Unobstructed sea views
Mountain views
Walking distance to the sea
Walking distance to bus service
Private parking
Double Glazing
Provision for aircondition
Luxurious finishes
Communal gardens
Private gardens
Build in wardrobes
Solar panels
Communal swimming pool
VAT
EXEMP
T
Kings Bay Park Front View
10
Kings Bay Park
Ground floor
First floor
11
Kings Bay Park
Beds
Baths
1
3
3
Covered
area
m2
135
2
2
2
3
2
4
Townhouse
Covered Uncovered Plot Size
Verandas Verandas
m2
m2
m2
Pool
5
30
72
Communal
107
7
15
66
Communal
2
107
7
15
70
Communal
2
2
107
7
15
80
Communal
5
2
2
107
7
15
80
Communal
6
2
2
107
7
15
82
Communal
7
2
2
107
7
15
82
Communal
8
2
2
107
7
15
85
Communal
9
2
2
107
7
15
87
Communal
10
2
2
107
7
15
91
Communal
Kings Bay Park Balcony View
12
Coral Bay Villa No. 27
Situated in the exclusive location of Coral Bay, this four bedroom villa is both an ideal home and an
investment. With its superior features, private pool, separate studio and the best beach on the island
mere seconds away, Coral Bay Villa 27 is a rare opportunity.
Features
Detached villa
Exclusive location
100 Meters to Coral Bay beach
Unobstructed Sea Views
4 Bedrooms with en-suite baths
5 Baths (2 with Jacuzzi)
Private pool
Private car park
Separate studio with bathroom
Private landscaped gardens
Double glazing
Aircondition Included throughout
Fly Screens throughout
Mature garden
Shutters throughout
Solar heating
VAT
EXEMP
T
Coral Bay Villa No. 27 Front View
13
Coral Bay Villa No. 27
Studio
First floor
Ground floor
Coral Bay Villa No. 27 Site Plan
Beds
Baths
4
5
Covered
area m2
Separate Plot Size
m2
Studio m2
30
300
500
Pool
8X4
14
Askos Coral Bay Villas
Askos Coral Bay Villas are situated in the ideal location of the highly popular Coral bay, near the
Askos hotel. They are just 10 minutes from the main town of Pafos and 150 meters from the sea. This
unique development is literally within seconds of the beaches, shops, banks, coffee shops and
restaurants. The location of this project is 5 km to the wonderful Akamas Peninsula, an area preserving
Mother Nature's beauty.
Askos Coral Bay villas is an exclusive project carefully designed comprising of four 2 bedroom
detached villas, each with a private swimming pool. The development has been designed making sure
that all villas enjoy the same spectacular view of Coral Bay. All villas are complemented with spacious
living areas, balconies with sea views, parking area and ample space for gardening lovers. Each of
them includes 2 bedrooms and a 42 sq.m studio, making the villas 3 bedroom plus!
The location of the project is ideal for sport lovers or for early bird swimmers. The specific project is
perfect for owners who want to use their property as a holiday home or as a solid investment.
Features
Unique location
Fantastic views
All with private swimming pools
2 bedrooms
3 bathrooms
150 meters from the sea
Double glazing throughout
Granite kitchen
Satellite system
Air-conditioning throughout
Water Pressure system
Landscaped gardens
VAT
EXEMP
T
15
www.StasisEstates.com
From Abroad Call: (+357) 26 22 14 84 or:
(+357) 8000 99 98
88
[email protected]
Call Free: 8000 99 88
Ground floor
Askos Coral Bay Villa A
First floor
Ground floor
Askos Coral Bay Villa B
First floor
16
Ground floor
First floor
Askos Coral Bay Villa C
Ground floor
Askos Coral Bay Villa D
First floor
17
4
Covered
area
m2
198
Extra
Studio
m2
42
2
4
190
C
2
4
D
2
4
Villa
Beds
Baths
A
2
B
Verandas Verandas
m2
m2
m2
Pool
10
23
530
8X4
42
10
24
530
8X4
198
42
10
22
530
8X4
190
42
10
24
530
8X4
C
B
A
D
Askos Coral Bay Villas Site Plan
18
Peyia Panorama Villas
A truly exclusive development, located on the hills of Peyia village, Stasis Estates eight villa project “Peyia
Panorama Villas” enjoys breathtaking views of the sea and the entire Pafos district. The lively village square is only
a stones throw away, and Coral Bay, the best beach on the island is only a five minute drive, with Paphos town
being a mere fifteen. Taking advantage of a convenient elevation, we have cleverly added an extra lower ground
“Granny flat” consisting of one bedroom, kitchen, bathroom and sitting room. Enjoying the same unobstructed sea
view, this lower ground “Granny flat” can be used as a self-contained apartment by a separate entrance and by an
indoor staircase as part of the villa.
Features
Detached villas
Spectacular sea views
Large spaces
3 - 4 bedrooms
Birds eye views over Pafos
Private pools
Private car parks
2-3 baths, en-suite available
Self-contained “Granny flat”
Granite kitchens
Double glazing
Aircondition provision
Heating provision
Water pressure system
Satellite provision
Peyia Panorama Villas Front View
19
Peyia Panorama Villas 2, 3 & 6
Ground Floor
“Granny flat”
Type ST 1
First Floor
20
Peyia Panorama Villa 7
Ground Floor
Type ST 2
First Floor
“Granny flat”
21
Peyia Panorama Villa 8
Ground Floor
Type ST 3
“Granny flat”
22
Peyia Panorama Villas 1,4 & 5
Type ST 4
First Floor
Ground Floor
“Granny flat”
23
Peyia Panorama Villas Rear View
Peyia Panorama Villas Site Plan
Total
Villa Beds Baths Type Covered
area m2
Covered area m2
“Granny Ground
flat”*
Floor
Pool
Verandas Verandas
m2
2
2
m
m
First
Floor
1
3
4
ST 4
200
61
53
63
23
10
336
8X4
2
3
4
ST 1
201
60
72
45
18
29
274
8X4
3
3
4
ST 1
201
60
72
45
18
29
282
8X4
4
3
4
ST 4
200
61
52
63
23
10
265
8X4
5
3
4
ST 4
200
61
52
63
23
10
289
8X4
6
3
4
ST 1
201
60
72
45
18
29
248
8X4
7
3
4
ST 2
191
50
58
61
22
4
297
8X4
8
3
4
ST 3
227
82
121
-
22
7
424
8X4
* The “Granny flat” consists of one bedroom, kitchen, bathroom and sitting room. This lower ground “Granny flat”
can be used as a self-contained apartment by a separate entrance and by an indoor staircase as part of the villa.
24
Kings Maisonettes
A small and luxurious development, just off “Tombs of the Kings” road, Kings Maisonettes consists of townhouses and
apartments that enjoy wonderful views of the sea and Paphos mountains. High standards of fittings and finishes have
been used, with comfort in mind. Complemented with gardens and verandas larger than average, Private parking
space and communal facilities. including a large freshwater swimming pool and landscaped gardens, the standard of
which are hard to find in a residential development. Kings Maisonettes provide a very good opportunity for those
looking for a permanent, retirement, holiday home or an investment.
Features
Luxurious finishes
Private gardens
Build in wardrobes
Solar panels
Landscaped communal gardens
Close to amenities
Walking distance to harbour
2 minutes to the sea
Unobstructed mountain views
Private parking
Double glazing
VAT
EXEMP
T
Kings Maisonettes
25
Kings Maisonettes
Ground Floor
First Floor
26
Kings Maisonettes
Kings Maisonettes Sea View
Beds
Baths
A1R
1
1
Covered
area
m2
55
A1
1
1
A2
2
A3
Townhouse/
Apartment
Verandas Verandas
m2
m2
m2
Pool
0
5
0
Communal
50
10
0
70
Communal
2
90
10
12
70
Communal
2
2
90
10
12
70
Communal
A4
2
2
90
10
12
70
Communal
A5
2
2
90
10
22
70
Communal
27
Tala Sunset Villas
Tala Sunset Villas is a unique project consisting of four detached villas, each with swimming pool, and two semidetached. The location on the suburbs of Tala village is ideal as it is only five km from Pafos town and three km
from Coral Bay. This combines a lifestyle of peaceful living with the lively areas just minutes away. From here
you can enjoy and truly savour the breathtaking unobstructed Mediterranean sea and mountain views. The
large plots and spacious balconies ensure privacy and comfort. Tala Sunset Villas combines excellent quality
for the selective purchaser and a value for money deal for investors.
Features
Selected location
Quiet residential area
Minutes from Pafos and Coral Bay
Mountain views
Sea views
Private pools
Private parking
Landscaped gardens
Spacious balconies
Fitted wardrobes
Double glazing
En-suite bedrooms
Luxurious finishes
Marble flooring
VAT
EXEMP
T
Tala Sunset Villas Panoramic View
28
Tala Sunset Villas
Tala Sunset Villas Side View
Tala Sunset Villas Front View
29
Tala Sunset Villas
Villas 1 & 2
Ground Floor
First Floor
Ground Floor
First Floor
Villa 3
30
Tala Sunset Villas
Villa 4
First Floor
Ground Floor
Villas 5 & 6
Ground Floor
First Floor
34
Tala Sunset Villas
4
5
6
3
2
1
Tala Sunset Villas Site Plan
Villa No.1
3
3
Covered
area
m2
168
Villa No.2
3
3
Villa No.3
3
Villa No.4
Beds
Baths
Verandas Verandas
m2
m2
m2
Pool
15
18
320
8X4
168
15
18
320
8X4
3
167
14
12
268
8X4
3
3
157
20
16
295
8X4
Semi
detached 5
2
2
116
14
16
150
NO
Semi
detached 6
2
2
116
14
16
150
NO
32
Peyiana Village
In the extremely sought after location of Peyia, only a few meters from the picturesque village
centre, is yet another unique project by Stasis Estates, Peyiana Village. Nestled on a gentle hill
slope allowing for magnificent unobstructed views of the surrounding beauty of Coral Bay and the
Paphos coastline, the location of the project is in one of the few remaining spots close to the
village centre. This rare opportunity is ideal for buyers who are looking for a newly built home in the
central areas of Peyia without missing out on the breathtaking views and serenity offered by the
area. Built in two phases, phase A will consist of five 2 and 3 bedroom luxurious villas and phase B
will consist of eighteen apartments with studios, one, two and three bedrooms. Like all Stasis
Estates properties, this project has been carefully designed with large verandas and spacious
living areas so that owners can fully enjoy the benefits of such an exclusive location and with such
incredible views. The interior features and finishes will match the splendour and uniqueness of the
Peyiana village location.
Features
5 minute walk to village square
5 minute drive to Coral Bay
10 minute drive to Pafos
Stunning views over Coral Bay
Magnificent views of Pafos
Studios, 1, 2 & 3 bdr apartments
all with excellent views
Villas with private pools
Communal pool
Large verandas
Private car parking
Baths: 1, 2-3, en-suite available
Granite kitchens
Double glazing
Solar panels
Satellite provision
Aircondition provision
Peyiana Village Side View
33
Peyiana Village
Phase A Apartments
Ground Floor
First Floor
34
Peyiana Village
Phase A Apartments
Ground Floor
First Floor
35
Peyiana Village
Phase A Apartments
Peyiana Village Apartments Mountain View
36
Peyiana Village Apartments Sea View
Peyiana Village
Phase B Villas
VAT
EXEMP
T
Peyiana Village Villa 1
Ground Floor
First Floor
37
Peyiana Village
Phase B Villas
Peyiana Village Villas 2 & 3
Villa 2 Ground Floor
Villa 2 First Floor
38
Peyiana Village
Phase B Villas
Villa 3 First Floor
39
Peyiana Village
Phase B Villas
Peyiana Village Villas 4&5
Villa 4 First Floor
40
From Abroad Call: (+357) 26 22 14 84 or:
(+357) 8000 99 88
[email protected]
Call Free: 8000 99 88
Peyiana Village
Phase B Villas
Villa 5 First Floor
41
Peyiana Village
Beds
Baths
101
2
1
Covered
area
m2
84
102
1
1
63
3
0
81
Communal Ground
103
1
1
67
6
0
0
Communal Ground
104
1
1
66
6
0
0
Communal Ground
201
2
1
84
4
25
0
Communal
1st
202
1
1
63
0
5
0
Communal
1st
203
1
1
61
0
7
0
Communal
1st
204
1
1
60
0
7
0
Communal
1st
301
1
1
77
15
28
0
Communal
2nd
302
2
1
100
11
56
0
Communal
2nd
303
2
2
107
15
42
0
Communal
2nd
304
3
2
118
7
27
0
Communal
2nd
305
studio
1
29
0
1
0
Communal
2nd
401
1
1
62
0
15
0
Communal
3rd
402
2
1
89
0
11
0
Communal
3rd
403
2
2
92
0
15
0
Communal
3rd
404
3
2
111
0
34
0
Communal
3rd
405
studio
1
29
0
1
0
Communal
3rd
Apartment
Verandas Verandas
m2
m2
m2
0
25
112
Floor
Pool
Communal Ground
Villa
Beds
1
2
3
Covered
area
m2
122
2
2
2
116
4
17
156
Communal
3
3
2
128
8
17
154
Communal
4
3
2
128
8
20
228
Private
5
3
3
126
8
20
168
Communal
Baths
Verandas Verandas
m2
m2
m2
0
14
294
Pool
Private
42
Melissovounos Villa No. 33
Melissovounos Villa No. 33 is a luxury detached three bedroom villa elegantly set on the peaks of the
St. Neophytos mountains commanding one of the finest unobstructed views over Pafos. The quiet location
offers the peaceful lifestyle with Pafos town, offering many amenities, only a 10 minute drive away. Built to the
highest standards, we have taken advantage of a convenient elevation and added an extra lower ground
“Granny flat” consisting of one bedroom, kitchen, bathroom and sitting room. This lower ground “Granny flat”
can be used as a self-contained apartment by a separate entrance and by an indoor staircase as part of the
villa. It has also unobstructed sea view. All levels of the villa, ground floor, first floor, the “Granny flat” and the
pool area enjoy the same unobstructed panoramic views over Pafos. At a sought after location and built to
high specifications, Melissovounos Villa No. 33 is really a one-of-a-kind.
Features
Unique surroundings
Detached villa
Excellent location
Mountain views
Spectacular sea views
Quiet location
Perfect climate
Private pool
Private garden
Double glazed
Central heating
Granite kitchen
Built in wardrobes
Solar panels
En-suite master bedroom
85 Sq. M “Granny flat”
VAT
EXEMP
T
43
Melissovounos Villa No. 33
First Floor
Ground Floor
View from Balcony
Beds
Baths
Covered
area
m2
3
3
265
Verandas Verandas
m2
m2
m2
700
27
33
Extra
Studio
m2
85
Pool
8X4
44
99 88
Call Free From Cyprus: 8000
[email protected]
Call Free: 8000 99 88
Kings Beach Park
Centrally located just off the “Tombs of the Kings” Road, close to shopping centres, restaurants, pubs, bars, banks
and the picturesque harbour of Pafos, Kings Beach Park is about 300 meters to the beach. A short bus or car ride will
lead you to Coral Bay beach and a mere 10 minute walk is all it takes to reach the Pafos harbour and its nightlife.
Communal amenities include a large swimming pool and gardens. All 1,2 and 3 bedroom flats enjoy large verandas
that do not face each other to secure privacy, yet all enjoy breathtaking views of the sea. Aimed at providing a
luxurious lifestyle, communal areas, gardens, parking facilities have all been designed to perfection. Each owner will
surely enjoy the benefits offered by the prime location this project provides with easy access to the centre, the market
and the beach.
Features
Prime location
Close to amenities
Walking distance to the sea
Walking distance to bus service
Mountain views
Private parking
Double glazing
Built in wardrobes
Solar panels
Luxurious finishes
Communal gardens
VAT
EXEMP
T
Kings Beach Park
45
Kings Beach Park
Ground Floor
First Floor
46
Kings Beach Park
Second Floor
Beds
Baths
BP 1
3
1
Covered
area
m2
109
BP 2
2
1
BP 3
2
BP 4
Apartment
Verandas Verandas
m2
m2
m2
Pool
0
11
120
Communal
60
0
18
128
Communal
1
80
10
13
128
Communal
1
1
48
8
7
80
Communal
BP 5
2
2
69
0
18
90
Communal
BP 6
1
1
53
0
12
65
Communal
BP 11
2
1
80
0
46
0
Communal
BP 12
2
1
80
3
9
0
Communal
BP 13
2
1
80
3
9
0
Communal
BP 14
2
1
80
0
46
0
Communal
BP 21
3
1
97
0
18.5
0
Communal
BP 22
2
1
82
0
10
0
Communal
BP 23
3
1
96
0
18.5
0
Communal
47
Buying your property
Once you have selected your property and paid the reservation fee to take it off the market, you should seek
legal advice. Stasis Estates can help you by pointing out an independent lawyer to act on your behalf. The
legal system of Cyprus is based on English law, and the legal fees are in comparison, very low. In general,
acquisition of a property in Cyprus is a straightforward and simple procedure.
Transfer Fees - The purchaser will be liable to pay the following transfer fees for the property acquired,
when this is registered in his name at the Lands Registry Office. The fees are charged on the property's
market value at the date of purchase:
Sale Price or Market Value
Rate
Euro 0 - 85,430 (CYP 0 50,000)
3%
Euro 85,432 170,860 (CYP 50,001 100,000)
5%
Over 170,862 (CYP 100,001)
8%
These fees can be greatly reduced if the property is placed under joint names (e.g. Husband and
Wife) which is quite common. The following example demonstrates how beneficial this can be:
Transfer Fees on Euro 170,860 (CYP 100,000) example:
Price for one owner
Joint Ownership Price
Rate (Euro 170,860 Euro 85,430
Euro 85,430
CYP 100,000)
(CYP 50,000)
(CYP 50,000)
Euro
2,563
Euro
2,563
Euro
2,563
Euro 0 - 85,430 (CYP 0 50,000) 3%
(CYP 1,500)
(CYP 1,500)
(CYP 1,500)
Euro 85,432 170,860
Euro 4,272
Not Applicable
Not Applicable
5%
(CYP 50,001 100,000)
(CYP 2,500)
Not Applicable
Not Applicable
Over 170,862 (CYP 100,001) 8% Not Applicable
Sale Price or Market Value
Total
Euro 6835
(CYP 4,000)
Euro 5,126 (3,000)
The information on these pages does not constitute financial or legal advice as is subject to change according to the laws of Cyprus
48
Stamp Duty
After signing the Contract of Sale, a small fee is to be paid to the Land Registry Office by the buyer or their
representative within 30 days of signing the agreement. The fees are at the rate of 1.50 CYP per thousand up
to the value of Euro 170,860 (100.000 CYP) and thereafter at the rate of 2 CYP per thousand:
Stamp Duty
Sale Price
Up to Euro 170,860
(CYP 100,000)
Over Euro 170,860
(CYP 100,000)
Example
0.15 %
Price: Euro136,688 (CYP 80,000)
x 0.15%= Euro 205.03 (CYP 120)
0.20 %
Price: Euro 256,290 (CYP 150,000)
= Euro 170,860 (CYP 100,000) x 0.15%
plus Euro 85,430 (CYP 50,000) x 0.20%
= Euro 427.15 (CYP 250)
Immovable Property Tax
An annual Taxation Fee is payable for all properties, calculated on the value of the property as
st
of the 1 Of January 1980:
Property Value as of 1st January 1980
Tax per Thousand Pounds
Euro
CYP
Euro
CYP
Up to 170,860
Up to 100,000
Zero
Zero
Between 170,861
and 427,150
Between 100,001
and 250,000
4,272
2,500
Between 427,151
and 854,300
Between 250,001
and 500,000
5,980
3,500
6,834
4,000
Over 854,301
Over 500,000
49
Cyprus In detail
Cyprus is easily accessible from all European destinations. From most UK airports there are
frequent direct flights to both Pafos and Larnaca international airports.
Flight times to Cyprus
City
London
Dublin
Manchester
Newcastle
Rome
Paris
Madrid
Berlin
Athens
Vienna
Moscow
Hours
4
5
4
4
2
4
4
3
1
3
4
Minutes
30
00
30
30
45
00
00
45
40
00
30
City
Hours
Brussels
4
Copenhagen 4
Bahrain
3
Luxemburg 3
New York
11
Lisbon
4
Cairo
1
Helsinki
3
Zurich
3
Stockholm 4
Amman
1
Minutes
00
20
00
45
00
45
15
30
30
00
20
Education
The Public school system in Cyprus has a twelve-year span of education and in addition to the local Greek
schools there are private junior and secondary schools of a high standard catering for foreign pupils. There is
a private international school on the outskirts of Pafos town, where all preparations for UK university
examinations take place. An approximate cost is between 2500-3000 Euro per student per year. There are
also 4 internationally recognised universities in Cyprus which teach all subjects in English, and from which
transfers to UK universities are possible.
Cost of living
In general, the cost of living in Cyprus is a lot less than most European cities. The excellent climate means
minimum costs for heating and/or air-conditioning, the small distances translate into reduced fuel
expenses.Living costs are different for each individual, the following tables provide useful information to this
direction:
Shopping list
Cost in Euros
1 kg fresh lamb
1 kg fresh pork
1 kg chicken
1 litre fresh milk
50 g instant coffee
37,5 g. tea
Loaf of bread
1 dozen eggs
225 g butter
1 kg Cyprus Cheese
1 kg Tomatoes
1 kg Potatoes
1 kg of local grapes
70 cl local brandy
70 cl local sherry
70 Cl of local vodka
7
4.5
3
1.1
2.7
1.2
1.4
1.4
1.8
7.8
1.4
0.6
1.9
4.8
4.8
4.8
50
Electricity
An average cost for a 3 bedroom house is 120 Euro / month
Water
Cost for 4 person family 40 Euro / month
Gas
Canister 19kg (last about 45-60 days) 7 Euros
Cyprus has been blessed with the best features of the Mediterranean weather. From as early as April until
the end of October, the sun in Cyprus is generous with long days and short nights. Winter in Cyprus is mild
and short. There are approximately 15 rainy days a year, leaving 340 days for the sun to shine on you and
your new home.
Temperature in Cyprus
Nicosia
Limassol
Larnaca
Pafos
Troodos
Mountains
January average
Max. Min.
15,6 6,6
60,1 43,9
17,1 8,7
63,3 47,7
16,6 7,1
61,9 44,8
16,8 7,3
62,2 45,1
6,4 0,7
43,5 33,3
July Average
Max. Min.
38,4 24,0 Celsius
101,1 75,2 Fahrenheit
33,7 23,5 Celsius
32,9 22,3 Celsius
29,9 20,5 Celsius
29,0 19,6 Celsius
Your pets
The European Pet Passport makes bringing your much-loved pets to your new home in Cyprus a hassle-free
and easy procedure.
You can avoid the need for your pet to spend any time in quarantine as almost all requirements can be
carried out before you move. Your local vet can provide you with the European Pet Passport, which requires
that your pet is micro-chipped, has had rabies vaccinations and has been blood-tested. Another condition is
that 24 to 48 hours before your arrival, your pet has a flea, tick and worm treatment. Your vet can do all these
and should fill in the corresponding pages in the Passport. Make sure you acquire a suitable travel box for it
and that it does not travel alone. Once you arrive you should pay a visit to a Cypriot vet along with the
Passport and any other paperwork for a typical and brief inspection. We can provide assistance by pointing
you to the Animal Welfare Society should you find any difficulties in the above process.
51
Pafos Area
52

Property and Information Magazine

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