CYPRUS PROPERTY
FREE COPY WINTER 2018
Market Report ON THE COVER:
FAROS SEA RESIDENCE Villa Athena
Title Deeds:
What you need to know
Residential, Commercial and Investment Properties buyhome.com buyhome.com | 1
FAROS SEA RESIDENCE is a rare collection of top-class beachfront villas within a peaceful gated community stretched out on a secluded band of shoreline at Faros Bay. Surrounded by a lavish landscaped garden, each property is exemplary in finish, luxurious and unique in design, capacious and still very intimate. With spectacular view of the Mediterranean Sea and totally chilled experience, FAROS SEA RESIDENCE sets the standard for modern beachfront living.
7777 88 00 (Cyprus) +357 24 20 88 00 (International) • www.farossearesidence.com Sales Offices: 45, Athinon Avenue, Finikoudes, Larnaka, Cyprus | Georgiou A 65A Germasogeia, Limassol, Cyprus
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contents | buy home
Contents 08 14 15 18 19 20 22 26 28 32
08 32 23 55
COMPANY PROFILE: BUY HOME ESTATE AGENCY INTERVIEW LAKIS APOSTOLOU MARKET REPORT INTERVIEW ANDREAS V. ZACHARIOU NEWS IN BRIEF WHY CYPRUS? CITIZENSHIP & RESIDENCE TITLE DEEDS AND CYPRUS EUROPEAN PROPERTY AWARDS COVER STORY: FAROS SEA RESIDENCE
CYPRUS PROPERTY LISTINGS LIMASSOL
LARNAKA
NICOSIA
AGIA NAPA/PROTARAS
PAPHOS
41
55
82
83
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editor’s note | buy home
HOME IS WHERE YOU
FEEL AT HOME AND ARE TREATED WELL
SALES OFFICES: Limassol Office 67A, Georgiou A, Germasogeia
Welcome to the First Edition of the Buy Home Magazine. Welcome to our home.
Larnaka Office 45, Athinon Avenue, Finikoudes
We are very happy to share with you our passion, knowledge and love for the island of Cyprus and amazing opportunities for everyone who decides to own a home here.
Website: www.buyhome.com Facebook: @BuyHomeEstateAgency
CONTACT US: Telephones: 7777 88 00 (Local calls) +357 24 20 88 00 (International calls) Fax: +357 24 62 00 88 Email: buyhome@buyhome.com
BUY HOME MAGAZINE: Publishing: Buy Home Media Ltd Design: Antonis Yiallouros, Vladimir Ulianov Editorial: Irina Ville Photography: Dinah Kaprou, Louis Gabriel, Claudia Moyseos Printing: Printco Ltd – Laiko Group Advertising: marketing@buyhome.com Copyright: No part of this publication may be reproduced or transmitted in any form or by any means without prior permission of Buy Home Media Ltd
Disclaimer: Photography and material in this publication may not be reproduced in any form without the permission of Buy Home Estate Agency (LNP) Ltd. All properties featured in this publication are subject to prior sale, change or withdrawal without notice. All details featured in this publication were correct at the time of press. Buy Home Estate Agency (LNP) Ltd. believes all material and editorial to be correct, but assumes no legal responsibility for accuracy.
SERGEY POTAPENKO Managing Director BUY HOME ESTATE AGENCY
You are invited to discover who we are, our values and goals; meet our people and learn how we can be helpful to you, be it property sale, rent or purchase. In this issue, you will find most important facts and features concerning the Cyprus property market (pp 14-19), its residence opportunities (pp 20-25) and local Title Deeds regulations (pp 26-27). It is a special honour for us to present to you the one and only Faros Sea Residence featured in our Cover Story (pp 32-39), a newly built exclusive collection of luxury beachfront villas on the east coast of Cyprus, just 10 minutes away from the island main international airport. Here you can enjoy Mediterranean life at its best. You will be able to browse our numerous residential, commercial, land and investment project listings (pp.40-87) all over Cyprus. Last but not least, I would like to express our gratitude to all our partners who are always next to us in the real estate business. We have been operating in this industry since 1994 and we know that you only feel at home when you are surrounded by people who treat you well, with whom you are happy. Please feel yourself at home and enjoy your reading. buyhome.com |
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buy home | company profile
HAPPINESS BEGINS AT HOME BUYING OR SELLING A HOME IS A BIG DECISION. IT REQUIRES A LOT OF RESEARCH AND IS OFTEN AFFECTED BY SUCH FACTORS AS AFFORDABILITY, INTEREST RATE, EMOTIONAL AND PSYCHOLOGICAL EFFECTS OF THE PURCHASE. All too often, buyers look for specific physical features of their new home, like a bigger veranda, but they do not realize that adjustments that they have to make in their lifestyle may not make them happier in life. Sellers, on the other hand, often stick too strongly to their asking price, even if it means leaving the property for longer than planned and sometimes risking the possibility of not selling it at all.
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The suitable solution is easy to find if you know how to make cold market facts and your personal emotions work to your benefit. At BUY HOME we can guarantee steady sales for our listed properties helping sellers to find buyers easily and get great deals for their properties thanks to our highly professional property consultants and innovative sales and marketing solutions developed and adapted specially for the local market.
CHRIS CALOGIROU LIMASSOL BRANCH MANAGER
LUCIA GEORGIOU LARNAKA OFFICE MANAGER
We are much more than a traditional real estate agency. Buy Home is directly involved in a number of well-known development projects across Cyprus, meaning our clients have access to exclusive deals on high-end properties such as Larnaka Tower or Faros Sea Residence, often at below the market price.
Our team is multilingual. At BUY HOME, we speak nine languages: English, Greek, Russian, Chinese, Arabic, German, French, Italian and Spanish.
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company profile | buy home
HARRIS ADAMOU PROPERTY CONSULTANT
MARIA EVAGORA PROPERTY CONSULTANT
Our clients are local residential developers, commercial and residential property owners, international, institutional and private investors, home buyers from Cyprus and overseas.
Our strong point is a wide range of quick and easy solutions that we offer to our clients, such as sales, renting, refurbishment, fast property purchases as well as marketing and property management.
BUY HOME HEAD OFFICES ARE IDEALLY LOCATED ON THE POPULAR FINIKOUDES BEACHFRONT STRETCH IN LARNAKA.
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buy home | company profile
PANTELIS CONSTANTINOU PROPERTY CONSULTANT
TATIANA PRESNOVA LIMASSOL OFFICE MANAGER
Buyers and sellers can comfortably travel to viewings with our iconic fleet of chauffeur driven BUY HOME vehicles that also serve as eye-catching moving billboards.
Located in prime areas of Limassol and Larnaka, our sales offices are easily accessible and welcome clients every weekday from 9 am till 6 pm.
FAROS SEA RESIDENCE EXCLUSIVELY AT BUY HOME
BIGGEST OUTDOOR ADVERTISEMENT IN CYPRUS, LARNAKA CITY CENTRE
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LARGE LED SCREENS FOR DIRECT & EFFECTIVE ADVERTISEMENT
company profile | buy home
ANTONIS YIALLOUROS GRAPHIC DESIGNER, BUY HOME MEDIA
IRINA VILLE MARKETING DIRECTOR, BUY HOME MEDIA
We know how to show your property at its best. At your service are architectural and artistic real estate and lifestyle photography, drone videos, professionally designed website, print and online advertising.
Properties listed with BUYÂ HOME are consistently promoted through strong marketing & advertising support, including outdoor banners, digital screen campaigns, social media and leading international property portals, not to mention impressive BUY HOME sales offices window campaigns and nationwide free circulation of BUY HOME Magazine.
BUY HOME ESTATE AGENCY IS #1 ADVERTISER ON THE LARGEST PROPERTY PORTALS RIGHTMOVE.CO.UK, ZOOPLA.CO.UK, PRIAN.RU. buyhome.com |
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buy home | company profile
LOUCAS TOUMAZI PROPERTY CONSULTANT
MARIA ELEFTERIOU PROPERTY CONSULTANT
Our unique real estate online sales platform BUYHOME.COM and social media pages allow us to market our listed properties to millions of potential buyers around the world.
We always listen to our clients and give them honest opinion on the market and properties’ listings; we follow the deal until closure providing fast results and excellent after sales service.
“Excellent Service”
WE HIGHLY VALUE OUR CUSTOMERS’ OPINION ON THEIR BUY HOME EXPERIENCE, WHICH THEY SHARE WITH THE TRUSTED ON-LINE REVIEW COMMUNITY WWW.TRUSTPILOT.COM AND ON SOCIAL MEDIA PAGES.
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company profile | buy home
SVETLANA CHRISTOFIDES PROPERTY CONSULTANT
ANASTASIA EMELYANOVA OFFICE MANAGER
We are successfully addressing overseas buyers and investors from major international markets, such as China, Middle East, Russia and UK, as well as the local market purchasers.
We value our clients and do our best to make them happy. Excellent client service is our key priority. Our clients know that they can face any issue and it will be handled promptly and properly.
Company: BUYHOME ESTATE AGENCY (LNP) LTD REGISTRATION No.748 LICENCE No.294 Activities: Investment, land development, sales and rent both in commercial and residential sectors. Markets: Cyprus, UK, Russia, China, Middle East, Western Europe Operates: Since 1994 Owns: BUY HOME ESTATE AGENCY, BUY HOME MEDIA, BUY HOME MAGAZINE Member of Professional associations: Cyprus Real Estate Agents Associations, FIABCI, Cyprus Chamber of Commerce and Industry Awards: The Best Real Estate Agency in Cyprus 2017-2018 Exclusive projects: Faros Sea Residence, Larnaka Tower Head Office: 45, Athinon Avenue, Finikoudes, Larnaka, Cyprus Limassol Office: Georgiou A 67A, Germasogeia, Limassol, Cyprus Telephones: 7777 88 00 (Local calls) +35724208800 (International calls) Facebook: @BuyHomeEstateAgency Website: buyhome.com
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interview | kpmg
CYPRUS ECONOMY
EMERGED FROM RECESSION BUY HOME MAGAZINE MET WITH MR LAKIS APOSTOLOU, KPMG BOARD MEMBER, TO TALK ABOUT CYPRUS PROPERTY MARKET AND CHALLENGES THAT IT FACES IN 2018.
LAKIS APOSTOLOU
BOARD MEMBER, KPMG LIMITED
ABOUT KPMG LIMITED KPMG operates as a global network of independent member firms offering audit, tax and advisory services; working closely with clients, helping them to mitigate risks and grasp opportunities. Member firms’ clients include business corporations, governments and public sector agencies and not-for-profit organizations. They look to KPMG for a consistent standard of service based on high order professional capabilities, industry insight and local knowledge. KPMG member firms can be found in 155 countries. Collectively they employ more than 174,000 people across a range of disciplines.
• WHAT ARE THE CURRENT KEY FACTORS AND MAJOR DRIVERS OF CYPRUS REAL ESTATE MARKET? The major drivers of the Cyprus real estate market include the flourishing Cyprus economy, the various incentives offered to investors by the government, the great natural environment of beaches and mountains, and the highly developed infrastructure and growing tourism market. • SINCE MARCH 2013, CYPRUS WAS UNDER THE ECONOMIC ADJUSTMENT PROGRAM. HAS IT BEEN COMPLETED AND WHAT ARE THE RESULTS? As of 31st March 2016, Cyprus had successfully completed its Economic Adjustment Program, three years after its commencement. Cyprus economy emerged from recession in 2015, with real GDP growth reaching 1,7%. The Cypriot banking system, in particular, has undergone a deep transformation. • WHAT ARE THE CHALLENGES FOR CYPRUS PROPERTY SECTOR IN 2017?
KPMG Limited Millenium Lion House 1, G Aradippioti Street P.O.Box 40075 6300 - Larnaka, Cyprus Tel: +35724200220 Fax: +35724200200 Web: home.kpmg.com/cy
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Banking institutions, taking advantage of the tax exemptions, have recovered many properties against the loans that they should gradually sell, while interest for foreclosures remains low. Many companies in the property sector are highly leveraged, something which creates obstacles to the planning of new projects.
Also, important statistics, which for the time being remain unknown, is the value of sales contracts and this is essential, since contracts connected to investors’ naturalization program are worth millions. • WHAT SERVICES DO YOU OFFER YOUR CLIENTS IN THE FIELD OF REAL ESTATE? KPMG operates through fully integrated teams that include professionals across our Audit, Tax and Advisory practices who combine a wide range of skills and experience tailored to meet the individual needs of our clients. In particular, we can assist our clients in a number of real estate related projects, such as investor search and investment planning, market and financial feasibility studies, deal structuring and valuation as well as taxation and immigration procedures.
market report | cyprus
CYPRUS REAL ESTATE MARKET: SIGNIFICANT FACTORS AND KEY DRIVERS Source: KPMG Cyprus Real Estate Market Report, 8th Edition
Cyprus Economic Overview The Cypriot economy has experienced positive growth rates in 2016 and this trend continues in the first half of 2017.
2015
2016
2017
2018
GDP GROWTH (%, YOY)
1,7
2,8
2,5
2,3
INFLATION (%, YOY)
-1,5
-1,2
1,2
1,1
UNEMPLOYMENT (%, YOY)
15,0
13,1
11,7
10,6
PUBLIC BUDGET BALANCE (% OF GDP)
-1,1
0,4
0,2
0,7
107,5
107,8
103,4
99,8
-3,0
-5,7
-5,9
-6,3
GROSS PUBLIC DEBT (% OF GDP) CURRENT ACCOUNT BALANCE (% OF GDP)
European Economic Forecast for Cyprus (Source: EU Commission)
Cyprus Credit Ratings
On the 28th July 2017, Moody’s has upgraded the government bond ratings of Cyprus from B1 to Ba3. As per the Moody’s report, the reduction in the debt-to-GDP ratio and in NPLs is expected to be sustained. Moody’s expects a deceleration in private consumption and therefore in real GDP growth, to 2,7% in 2017 and 2,5% in 2018, as a result of increased household loan repayment, the recovery in oil prices and increasing inflation. Nevertheless, private consumption and investment should remain the main growth drivers against the backdrop of further falls in the unemployment rate. On the 15th September 2017, Standard & Poor`s affirmed the BB+ rating of the Cypriot economy and revised the outlook on the long-term sovereign credit rating from stable to positive. Standard & Poor`s expects the Cypriot economy to expand by 3% between 2017 and 2020. If the economy continues to recover it could increase the rating over the next 12 months.
Loans & Interest Rates Tourism
The average interest rates for new housing loans (consumer credit, lending for house purchase and other household lending) have continued their downward trend, falling to 3,13% in June 2017 compared to 3,36% in June 2016.
2016 was the most successful year ever recorded with arrivals reaching 3.186.531 while for the first six months of 2017 the rising trend is continuing. For the period January-June 2017, tourist arrivals reached 1.463.206 which represents an increase of 16,6% from the equivalent period of 2016. This has set the record for the highest number of arrivals ever recorded in Cyprus for this period. For the first six months of 2017, most tourists arriving in Cyprus were from the United Kingdom (511.344) and Russia (332.982).
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cyprus | market report
Registration of New Companies
Applications for registration of new companies have increased by 1,2% in the first six months of 2017 compared to the equivalent period of 2016, reaching 6.401. Still, the number of applications remains below the levels exhibited prior to the economic crisis. The total number of companies registered in Cyprus in June 2017, amounts to 213.276.
Property Sales Contracts
One of the largest annual increases of the decade (43%)was noted in the total property sales contracts submitted at the Land Registry in 2016 which amounted to 7.063. According to data of the Department of Land and Surveys for the first six months of 2017, deeds of sale submitted to the Land Registry amounted to 3.610 compared to 3.012 in the equivalent period of 2016, recording an increase of 20%. Most contracts of sale for the period January-June 2017 were submitted in Limassol (37%), followed by Paphos (25%), Larnaka (17%), Nicosia (16%) and Famagusta (5%). The steady recovery of the real estate market and the increase in transactions is aided by the government’s scheme for naturalization of investors by exception. This is reflected in the statistics on transactions relating to foreign buyers. For the first six months of 2017, 989 transactions related to foreign buyers compared to 685 for the first six months of 2016, recording an increase of 44%. Out of the total number of sales contracts submitted at the Land Registry for the first 6 months of 2017, 27% related to foreign buyers. Foreign interest is primarily focused on the residential sector in prime locations with close proximity to the beach.
Property Market Incentives
The property market has been stimulated by various incentives offered to investors by the government: For example, in mid-2015, a law amendment was adopted according to which the profit made upon the sale in the future, of properties acquired by 31st December 2016, will not be subject to capital gains tax. Additionally, as far as transfer fees are concerned, it is pointed out that incentives provided have become permanent. This means that there will be no transfer fees for property purchases subject to VAT, while for other purchases, transfer fees will be reduced to 50%, as estimated based on the provisions of the current legislation. Moreover, the legislation that was adopted in the Autumn of 2015 dealing with the longstanding problem of the inability to issue title deeds in the name of purchasers who have paid the amount due in full to the land developer, has enhanced the credibility of the Cypriot real estate market.
Real Estate Sector
The Cyprus real estate market can be divided into two groups of demand. The major urban centers of Nicosia, Limassol and Larnaka are mainly supported by local demand, while Paphos and Famagusta are mainly supported by foreign demand.
Foreign investments
The interest of foreign investors in Cyprus’ real estate market keeps growing, since nearly one third of sales contracts submitted in first half 2017 involve overseas buyers. This is primarily due to the Cypriot government’s initiative regarding the Cypriot Citizenship Program, the permanent residency program as well as the various tax incentives offered.
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The market is further segmented in three main sectors, being the residential, retail and office sectors, with the primary emphasis being upon the residential sector as the island’s topography and geography appeal largely for residential utilization.
market report | cyprus
PROPERTY PRICE INDEXES AND RENTAL RATES (Source: RICS Cyprus Property Price Index)
Apartment Prices
Price in € 140.000 130.000
The Royal Institute of Chartered Surveyors (‘RICS’) Cyprus Property Price Index is published on a quarterly basis and focuses on both residential and non-residential property. It also tracks trends on rental rates. While the yearly average comparison for 2015 and 2014 registered a drop in prices of all types of property in the industry, the statistics for 2016 and Q1 2017 exhibit a reverse trend as prices seem to be on the rise.
120.000 110.000 100.000 90.000 80.000 70.000
Residential Cyprus has an average price of €1.530 per square meter and currently ranks 32rd amongst the European countries. For comparison, Monaco ranks 1st with an average price of €44.522 per square meter, followed by the UK and France with €25.575 and €12.796 per square meter respectively. The majority of the European countries are below €2.000 per month. Cyprus ranks 33nd with an average monthly rental rate of €810 and is therefore considered as one of the cheapest counties in respect of
60.000
rent across Europe. Expectedly UK ranks 1st with an average monthly rental rate of €8.213 followed by Switzerland and Russia with €3.827 and €3.820 respectively.
In Q1 2017, the average price for retail properties reached €356.213, increasing by 1,7% from the 2016 yearly average. The highest prices were found in Nicosia with €520.678. The largest increase from Q4 2016 was exhibited in Limassol with 0,6%. For all other areas in Cyprus, the prices remained unchanged from Q4 2016. The average monthly rental rates for retail properties
In Q1 2017, the average price reached €365.276, an increase of 3,1% from the 2016 yearly average. The highest office prices were in Nicosia (€547.724) while Larnaka
Paphos
limassol
Larnaka
Nikosia
Houses Prices
Price in € 450.000
400.000 375.000 350.000 325.000 300.000 275.000 250.000
in 2016 amounted to €1.522 compared to €1.524 in 2015.
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2013 2014 2015 2016 Famagusta
Price in €
Paphos
limassol
Larnaka
Nikosia
Retail Property Prices
900.000 800.000 700.000
In Q1 2017, the monthly rates reached €1.604, increasing by 5,4% from the 2016 yearly average. The highest rents for retail were in Nicosia (€2.444) which also exhibited the highest increase from Q4 2016 (3,3%). The only other increase was exhibited in Limassol (2,2%) while the rental rates in other areas of Cyprus remained unchanged from Q4 2016.
Office TAn average office used by RICS is a Grade A one with city centre location comprising 200m2.
Famagusta
425.000
Rental Yields are calculated by expressing a year’s rental income as a percentage of how much the property cost. European countries average rental yield is at 4,86%. Cyprus is above this average with a yield of 5,29%. Moldova ranks 1st with 10% followed by Ukraine and Montenegro with 9,09% and 7,53% respectively.
Retail The average price for retail properties in 2016 was €350.106, whilst in 2015 it was €349.546.
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2013 2014 2015 2016
600.000 500.000 400.000 300.000 200.000 100.000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2013 2014 2015 2016 Famagusta
Paphos
limassol
Larnaka
Nikosia
Office Prices
Price in € 750.000 675.000 600.000
experienced the largest increase from Q4 2016 with 2,2%.
525.000 450.000 375.000
The average monthly rental rates for 2016 were €1.328 compared to €1.268 in 2015. For Q1 2017, the average rental rates reached €1.447, recording a 9,0% increase from the 2016 yearly average.
300.000 225.000 150.000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2013 2014 2015 2016 Famagusta
Paphos
limassol
Larnaka
Nikosia
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interview | lawyer
PURCHASERS NEED TO BE AWARE OF THEIR OBLIGATIONS IF ONE DECIDES TO BUY A PROPERTY IN CYPRUS, WHAT CHARGES AND TAXES IS HE OR SHE EXPECTED TO PAY? ANDREAS V. ZACHARIOU, THE SENIOR AND MANAGING PARTNER OF ANDREAS V. ZACHARIOU & CO LLC, TOLD US INSIGHTS INTO THE CYPRUS PROPERTY TAXATION SYSTEM.
ANDREAS V. ZACHARIOU LAWYER, SENIOR PARTNER
ABOUT ANDREAS V. ZACHARIOU & CO LLC Andreas V. Zachariou & Co LLC is recognized as one of the leading firms in Larnaka. The friendly and professional legal team of the firm and the close co-operation between the firm’s members and associates have led it to be considered as one of the most professional and trustworthy law offices in Cyprus. The firm’s work involves the provision of legal advice and the undertaking of cases in v various legal fields of Cyprus, European and International Law such as Banking and Finance Law, Family Law, Corporate Law, Civil Law, Criminal Law, Sports Law, Litigation, Immigration Law, Intellectual property Law, Trust Law and many other areas of legal interest. The firm also engages actively in the field of Conveyancing and in Citizenship matters and we assist our clients from all over the world to acquire immovable property in Cyprus and take advantage of the policies that apply from time to time in relation to obtaining Cyprus citizenship.
Andreas V. Zachariou & Co LLC 9 Archbishop Makarios Avenue Lazaros Center, Office 105 6017 Larnaka, Cyprus Phone: +357 24 818 655 +357 24 818 654 Fax: +357 24 626 585 www.azlaw.com.cy
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Our experience with clients in the conveyancing field has made us realize that apart from the characteristics of an immovable property, a prospective purchaser needs to be aware and fully informed about the taxes payable and connected with a purchase in Cyprus. A prospective purchaser must be aware that when buying a property in Cyprus, there are certain obligations, charges imposed on him/her by the government. The contract of sale should be deposited with the Land Registry Office for protection purposes. First of all, it is a prerequisite for the said filing that the contract will be stamped. The stamp duty is calculated as €1.5 for every €1.000 for up to an amount of €100.000 and €2 for every €1.000 for any amount thereafter. Secondly, immovable property bears VAT, which is usually agreed to be paid by the purchaser. The government has a scheme whereby some properties are exempted and bear VAT at the decreased rate of 5%. Thirdly, transfer fees are also payable to the government, and this amount is payable on the day that the transfer of the title deed to the property will be effected from the vendor to the purchaser. Transfer fees are calculated as follows: • 3% on the value that the LRO will make on the day of the purchase for up to €85430
• 5% on the value that the LRO will make on the day of the purchase from €85.430.01 up to €170860 • 8% on the value that the LRO will make on the day of the purchase from €170860 and over However, a new legislation has been enacted and is currently in force, according to which, if the purchase price includes VAT, the purchaser pays no transfer fees, whereas if there is no VAT included, the transfer fees are currently decreased to 50% of the above calculations. Another charge is an immovable property tax, which is usually payable by the registered owner. But due to the fact that sometimes the title deeds to a property are issued at a point of time after the delivery of the possession of the property, there is a term that this tax will be paid as from the day of the delivery of the property by the purchaser. Last, but not least are sewage/garbage collection fees and other community council or Municipality annual taxes. These taxes, usually do not exceed the amount of €300- €500 per annum. It is, therefore, important, when considering to acquire a property in Cyprus to obtain legal and tax advice, in order to be fully informed and make a decision knowing all the relevant factors.
in brief | news
NEWS IN BRIEF:
CYPRUS PROPERTY MARKET HOUSING LOANS NEW LAW
REAL ESTATE SECTOR RECOVERING
The new legislation on credit agreements for consumers in relation to residential real estate entered into force on 9 May 2017, Law 41 (I) / 2017, with a view to harmonizing Cyprus with the relevant European Directive 2014/17 / EU, and introduces a number of commitments for credit institutions to protect the consumer. The Law governs credit agreements secured by mortgage or similar collateral related to residential property and includes obligations to carry out an assessment of the borrower’s creditworthiness before granting a credit. The law also regulates delays and settlement of debts, if the credit institution provides a reasonable period of tolerance before initiating debt settlement procedures.
The recent events of March 2013 and economic crisis once again confirmed the real estate sector important contribution to the economic and social development of Cyprus, as well as its durability under difficult conditions. Four years later, the industry has not only managed to stabilize but has seen significant signs of recovery. These are clearly reflected in all the major indicators that track land and construction industry. According to the official data of the Department of Lands and Surveys, in the first half 2017 market property sales contracts showed an increase of 22% over the same period last year.
REAL ESTATE GETS MORE EXPENSIVE IN CYPRUS Real estate prices have shown a 2.3% average increase during the first quarter of 2017 according to RICS Property Price Index. Houses and apartments have registered an average of 2.3% and 1.3% increase respectively. Limassol had highest rise of holiday apartments prices of 2.9%. Average rentals rose by 2.5% for apartment, 2.6% for house, 1.6% for retail properties and 4.6% for offices.
VAT ON LAND SALES IMPOSED BY EU At 3rd of November 2017, the Cyprus Parliament finally approved a 10-year delayed bill imposing 19% VAT on the sale of building land. VAT will be imposed on all sales of building plots that represent part of economic activity and are sold by a company or businessman registered with the VAT service. Protected zones and farming land will be exempted. That was one of the key issues that Cyprus had to adopt withing its harmonization with the European VAT Directive. The specific provision of the European Directive did not provide for a choice of tax treatment by the Member State, but a legislative adoption. The new law will come into force on January 2, 2018. buyhome.com |
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cyprus | citizenship and residency
Cyprus Citizenship by Investment: become an EU citizen within a few months RAISING DIRECT FOREIGN INVESTMENTS IS AT THE CORE OF CYPRUS DEVELOPMENT STRATEGY AND ONE OF THE KEY DRIVERS FOR ITS ECONOMIC GROWTH. IN THE LAST FEW YEARS THE CYPRUS GOVERNMENT SUCCEEDED IN SECURING A SIGNIFICANT AMOUNT OF INVESTMENT FUNDS THROUGH ITS TWO MAJOR INITIATIVES: CYPRUS CITIZENSHIP AND CYPRUS RESIDENCY PERMIT GRANTED TO FOREIGN INVESTORS.
WHY CYPRUS HIGH-INCOME ECONOMY EUROPEAN COUNTRY • 3rd largest island in the Mediterranean Sea, after the Italian islands of Sicily and Sardinia. • Member of the Commonwealth since 1961. Member-state of EU since 2004 and Eurozone since 2008. • Advanced, high-income economy and high life expectancy, education level and GDP per capita. • Legal system, based on English Common Law principles, is fully compliant with EU, the Financial Action Task Force on Money Laundering (FATF), OECD, FATCA, the Financial Stability Forum laws and regulations and EU AML directives.
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KEY PRIME RESIDENTIAL MARKET • TOP50 luxury residential markets in the world (Christies Luxury Residential Property Market Report 2017). • 5th best relocation destination worldwide (Knight Frank Global Lifestyle Review 2013). • 5th worldwide and 1st among smaller countries (Value Penguin Safest Countries in the World Study 2015).
citizenship and residency | cyprus
QUALITATIVE EUROPEAN AND BRITISH EDUCATION • A good selection of private schools providing primary and secondary education in all the major cities of Cyprus. • A number of well-known UK universities have their branches in Cyprus. • 12 local universities offer high European standards of education for the bachelor, master and MBA programmes with much lower tuition costs • Multilingual educational institutions with courses taught in English, French, German, Russian, Italian, Armenian and other languages. • Most of the population speak English.
WONDERFUL CLIMATE & ENVIRONMENT • Subtropical Mediterranean climate with very mild winters and warm to hot summers. • One of the warmest climates and warmest winters in the Mediterranean part of Europe. • The average annual temperature on the coast is 24° C (75° F) during the day and 14° C (57° F) during the night. • Sunny days range from 300 to 340 per year. • Cyprus is famous for its Mediterranean cuisine which is considered the healthiest in the world.
ATTRACTIVE AND TRANSPARENT TAX REGIME • Corporate tax rate of 12.5%, one of the lowest in the EU. • Access to an extensive network of more than 60 Double Tax Treaties • Dividend participation exemption • Exemption on disposal of securities (e.g. shares, bonds, debentures) • No succession taxes • No withholding taxes • Attractive IP regime • Tonnage tax for shipping companies • Significant exemptions for non-domiciled individuals taking up residence in Cyprus buyhome.com |
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cyprus | citizenship and residency
Cyprus Passport:
step by step guide and investor benefits
ABOUT THE PROGRAM • Minimum investment is €2M (excluding VAT) in one or a combination of the following economic activities in Cyprus: • real estate, land development and infrastructure projects; • financial assets of Cypriot companies or Cypriot organizations; • alternative investment funds and government bonds.
• Investments are made during the three years preceding the date of the application and retained for a period of at least three years as from the date of the naturalization. • No requirement to reside in Cyprus. • Investor is entitled to sell its investments after 3 years; however, he must hold possession of at least 500 000 Euro worth of residential property (+ VAT if applicable). • No exams in history or Greek language.
KEY STEPS STEP
01
Review and select your preferred investment option. Sign purchase agreement, transfer the required amount and get a receipt, which is required upon application for citizenship.
STEP
02
Prepare all paperwork required for the citizenship application. Have it translated into Greek or English; apostilled or stamped by either the Ministry of Foreign Affairs or the relevant Cyprus Embassy.
STEP
03
Have a pre-clearance check by your appointed lawyer.
STEP
04
Visit Cyprus in order to submit permanent residence and citizenship applications in person and give your biometric data required for the issuance of the permanent residency card (takes 5 days to be issued). Payment of the citizenship application government submission fee of 2,000 Euros per each adult applicant is required at this stage. The citizenship application with all required documents attached, is lodged at the Ministry of Interior.
STEP
05
The Ministry of Interior grants approval of the citizenship application within 3 months from the submission date. Payment of the government approval fee of 5,000 Euros per each adult applicant is required at this stage.
MOST POPULAR INVESTMENT OPTIONS
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RESIDENTIAL PROPERTIES
COMMERCIAL PROPERTIES
GOVERNMENT BONDS
MINIMUM INVESTMENT
2M EUROS (EXCL. VAT)
2M EUROS (EXCL. VAT)
MAX. 0.5M EUROS IN BONDS, 1.5EUROS IN OTHER ASSETS
ADDITIONAL CONDITIONS
-
PURCHASE OF PRIVATE PROPERTY OF MIN 0.5M EUROS (EXCL. VAT)
PURCHASE OF PRIVATE PROPERTY OF MIN 0.5M EUROS (EXCL. VAT)
TOTAL AMOUNT
2M EUROS (EXCL. VAT)
2.5M EUROS (EXCL. VAT)
2.5M EUROS (EXCL.VAT)
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citizenship and residency | cyprus
STEP
06
Within 6 months since the issuance of permanent residency card, the naturalization process can be completed. Sign the Naturalization Certificate in front of the Registrar of any Cyprus Court or at any Cyprus Consulate abroad within 3 months of receiving approval.
STEP
07
Submit applications for children and/or parents. Minor children applications are processed within 3 weeks and can be collected anytime. Adult children and parents’ applications are processed within 2-3 months and are subject to a government submission fee of 2,000 Euros and approval fee of 5,000 Euros per person. Once approved, passports and ID cards must be collected within 3 months.
PROGRAM BENEFITS • All the rights of an EU citizen protected by EU legislation and regulations include the following: freedom to reside, work, do business, study and travel anywhere in the EU, Switzerland, Liechtenstein, Norway and Iceland. • The citizenship is granted to the whole family – husband, wife and all financially dependent children under 28 years old. The applicant’s parents are also entitled to apply for Cyprus citizenship by exception provided that they own a lifetime residence of at least € 500,000 (excluding VAT). • Dual-citizenship permitted and the acquisition of citizenship in Cyprus is not reported to other countries. • VISA-free travel to 157 countries worldwide. • No double taxation in Cyprus, international tax planning tool and financial confidentiality to the Cyprus passport holders. • No history or language proficiency tests. • No requirement to reside in Cyprus either before, during or after the approval of the citizenship application.
OUR CONSULTANTS ARE HAPPY TO ASSIST YOU IN ANY MATTERS RELATED TO OBTAINING CYPRUS CITIZENSHIP. FOR AN APPOINTMENT PLEASE CALL: 7777 88 00 (LOCAL CALLS), +357 24 20 88 00 (INTERNATIONAL CALLS).
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cyprus | citizenship and residency
CYPRUS RESIDENCY: fast-track procedure to obtain the permit
THE UNIQUE ADVANTAGE OF CYPRUS PERMANENT RESIDENCY PROGRAM COMPARED TO THOSE OF OTHER EU COUNTRIES IS THAT IT IS LIFE-LONG.
BENEFITS OF FASTTRACK PROCEDURE • 2 months to be approved. • Once Cyprus enters the Schengen zone, Cyprus Residency permit holders will have the right to travel freely in the zone. • Granted not only to the applicant but also to applicant’s spouse, minor children, financially dependent adult children up to 25 years (if they are not married), as well as the parents of the applicant and applicant’s spouse. • Cyprus Residency permit holders are free to enter and live in Cyprus without the need to obtain a visa. • No obligation to actually relocate to Cyprus - you simply need to visit Cyprus once every two years to maintain the permit • Being a holder of a Cyprus Residency permit in itself does not affect one’s tax liability in Cyprus. • Actual residence in Cyprus may lead to eligibility for Cyprus citizenship by naturalization, currently after 7 years (2.555 days) of staying in Cyprus within 10 calendar years. 24
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citizenship and residency | cyprus
REQUIREMENTS FOR APPLICANT • Submit a title of ownership or contract of purchase for a property the value of which is at least €300.000 (net of VAT). • The property shall be new and purchased from a developer. The simplified procedure for obtaining permanent residence permit is not applicable to cases of resale property acquisition. • Payment of at least €200.000 (net of VAT) to be made. • Provide evidence that the purchase is being made from funds received from sources outside of Cyprus. • Provide evidence that the applicant’s annual income amounts to at least €30.000 with income sources located outside of Cyprus. Those can be salary, dividends, rental revenue, interest from bank deposits, pension and etc. Applicant must also demonstrate an additional minimum income of €5.000 a year for any dependent family member (spouse and children). The additional minimum income of €8.000 a year should be shown for any applicant and applicant’s spouse parents. • Deposit at least €30.000 into a Cypriot bank for a 3-year period. • Submit a certificate of having no criminal record and of being under no investigation for criminal offences attested by relevant authorities of his/her country. • The maximum period for granting PR permit according to the simplified procedure comprises 2 months. • The status of a permanent resident does not impose any restrictions to the period of your stay in Cyprus. The only exception is that you should visit Cyprus at least once every 2 years.
CYPRUS RESIDENCY PERMITS FOR INVESTOR’S RELATIVES • Two separate Cyprus Residency permits can be issued for each spouse without the requirement for the dependent spouse to purchase a property or deposit €30,000 into an account. It is understood that a separate Cyprus Residency permit application should be submitted for the dependent spouse. • The minor children can be added as dependents in both their parents’ Cyprus Residency permit applications. • Single children from 18-25 years old and financially dependent, who prove to be students for at least six more months from the date of application may apply to obtain the “for so long” Cyprus Residency permit for themselves, without the need to invest in additional real estate. In this case the parents will need to prove additional income of at least €5,000 for each dependent child. The Cyprus Residency Permit will still remain valid even after the residency holder turns 25 years and even if he/she is no longer single and/or a student and/ or financially dependent on his/her parents. However, it is understood that their future spouse and children will not be entitled to obtain the Cyprus Residency permit. • The parents of a couple (of both husband or wife) who applied or
they are already in possession of the Residence Permit, are also entitled to acquire the Cyprus Residency permit without investing in additional real estate. The couple must prove additional income of at least €8,000 for each dependent parent. A separate application must be submitted for each dependent parent. • If the Principal Beneficiary of the Cyprus Residency permit passes away, then his/her spouse and dependent children may apply to acquire the Principal’s Cyprus Residency permit without investing in additional real estate. • Any individuals who acquired the Cyprus Residency permit without having to invest personally in real estate or depositing money in a Cypriot bank account (Euro 30,000), will not be entitled to include on their own Cyprus Residency Permit their spouses, children or parents.
FOR MORE INFORMATION, PLEASE VISIT THE WEBSITE OF THE MINISTRY OF INTERIOR OF THE REPUBLIC OF CYPRUS AT WWW.MOI.GOV.CY.
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cyprus | title deeds and cyprus
Written by:
CHRISTOS KARAS, PARTNER Antonis K. Karas LLC Advocates & Legal Consultants
TITLE DEEDS AND CYPRUS THE MOST FREQUENT SUBJECT SOMEONE ENCOUNTERS WHEN DEALING WITH PROPERTY TRANSACTIONS IN CYPRUS IS SURELY THE TITLE DEEDS ISSUE. Even though the Cyprus legal system is harmonized with EU Legislation, after Cyprus became part of EU in May 2004, there appears to be some form of ambiguity in connection to the title deeds issue and the procedures involved.
therefore transferring the ownership of the property. To carry out this transfer in Cyprus, the buyer and the seller (or their authorized representatives) must attend the District Lands Office, with the appropriate identification means.
In many respects the Cyprus Legal system is similar to the British Law, due to its colonial legacy, and Cyprus is one of the few countries that maintain an effective land registry system again based on the UK equivalent. Nevertheless, the title deed regime today, understandably, is not very clear to the lay man.
The property’s Title Deed needs to be produced together with receipts confirming payment of various taxes for the property being transferred.
WHAT ARE TITLE DEEDS? A Title Deed is essentially a legal document verifying the ownership of immovable property. It is an integral part of Land Law and the conveyancing part of the law. This formal document is evidence of property ownership and includes details about the property’s legal characteristics such as location, size, and identification numbers. Conveyancing a property involves the transfer of the title deed of that property from one person (legal or natural) to another,
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At the time of the transfer the buyer is required to pay Property Transfer Fees. These are calculated on the Land Registry’s assessed market value of the property at its date of sale. It should be noted that for the Transfer of Ownership in the name of a non-EU citizen a permit from the Council of Ministers is required.
SAFEGUARD FOR THE BUYER Once the buyer enters into an agreement with the vendor (registered owner) for the purchase of immovable property, the agreement can be stamped and then lodged at the
title deeds and cyprus | cyprus
appropriate District Land Registry. Once the contract of sale is lodged at the Land Registry the specific performance right may be pursued by the buyer. By depositing the contract in the Land Registry, the buyer prevents the owner from transferring the property elsewhere or changing it, for as long as the contract is valid and legally effective. No burdens, charges or encumbrances, can affect the right of specific performance after the contract has been deposited with the Land Registry. Depositing a copy of the contract to the Land Registry gives the buyer the right to seek “specific performance” of the terms and conditions of the contract and thus to register the property onto the buyer’s name, even though the owner may not be willing to accommodate such procedures.
THE PROBLEM Although the transfer process is straightforward, situations have arisen that prevent a transfer taking place, for example if a property developer has used the land on which they were building as collateral for loans to fund construction. These loans and any other debts prevent the transfer of the Title until they have been repaid and/or settled. In other cases, Title Deeds could not be issued due to planning infringements that violated the various permits and permissions issued for a property’s construction and where the construction has encroached on land owned by a third party.
this date or unknowingly removed, the applicant can apply to the Court for the issuance of an order to deposit the contract in accordance with the Sale of Property (Specific Performance) Law no. 81(I)/2011. According to Government announcements, by 2010-2011 there were over 100,000 un-issued title deeds and, over the subsequent years, the Land Registry Department, albeit with limited resources, managed to drop that figure to 34,000.
HAS IT BEEN RESOLVED? Following the introduction of the relevant legislation the Government managed to issue 2,500 out of the 14,000 over the last two years despite the recent court rulings that had taken the government unawares and that created a pending legal issue where Limassol and Paphos district courts ruled against the Director of the Land Registry to transfer the Title Deeds into the names of the purchasers following appeals by banks. The courts, at a district level, ruled these amendments to be unconstitutional. Despite the court ruling the authorities will continue issuing title deeds for the remaining 11,500 properties and if needed will introduce legislative amendments to correct the problem. There will be a final court ruling soon on the matter and hopefully the title deed chapter will be fully resolved one way or another. The acquisition of Title Deeds can be a complicated process and if in doubt seek professional advice.
THE NEW LEGISLATION In September 2015, the Cypriot Government amended the Immovable Property (Transfer and Mortgage) Law, No.9.1965, in order to assist property owners who were unable to get their Title Deeds despite fulfilling their contractual obligations with the seller. This was either because the property was mortgaged by the developer, or the state could not go ahead with the transfer due to outstanding taxes. Trapped owners are a reference to home buyers who have completed their obligations, paid off their house but are unable to receive their title deeds because developers had mortgaged their properties to the banks. The new law grants the head of the land registry department the authority to exempt, eliminate, transfer and cancel mortgages and other impediments, depending on the case and under certain conditions. This move has allowed many ‘trapped’ buyers without Title Deeds to submit an application and complete the official transfer of their property. In order to qualify for Title Deeds under the new law, the contract of sale must have been deposited at the District Lands Office by 31.12.2014. If the contract was not submitted before
ANTONIS K. KARAS L.L.C. ADVOCATES & LEGAL CONSULTANTS Patron 6, SUNNYWISE COURT 1 1st floor, Offices 101-102 6051, Larnaka CYPRUS
Tel: +357 24661303, +357 24633166 Fax: +357 24 663328 E-mail: info@karas-law.com Web: www.karas-law.com
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european property awards | buy home
BEST REAL ESTATE AGENCY IN CYPRUS BUY HOME WAS HONOURED WITH TWO PRESTIGIOUS AWARDS AS THE BEST REAL ESTATE AGENCY IN CYPRUS AND FOR THE DEVELOPMENT OF THE FAROS SEA RESIDENCE.
Accepting the awards was Managing Director Sergey Potapenko, who was welcomed by the IPAX President Stuart Shield (right) and Lord Thurso (left).
Leading real estate agents, developers, architects and interior designers from across Europe gathered at the Royal Lancaster London, Hyde Park’s mid-century architectural icon on Thursday 26th October for the announcement of the eagerly awaited results of the European Property Awards 2017-2018. The show was a full business-to-business networking environment for all sectors of the property and real estate industry and it gave all attendees the opportunity to showcase themselves 28
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to some of the finest companies to make connections, form alliances and generate new business. BUY HOME ESTATE AGENCY participated in the Awards, where it competed against the best property professionals across Europe and was recognised as the Awards Winner in two categories BEST REAL ESTATE AGENCY and BEST RESIDENTIAL DEVELOPMENT (Faros Sea Residence) in Cyprus.
buy home | european property awards
We are delighted to be acknowledged as the Awards Winner. We thank all the people in our organization who honour this compliment on a daily basis and our partners for helping us to bring the iconic Faros Sea Residence project to life and achieve such high recognition among the European property professionals. Sergey Potapenko Managing Director of Buy Home
The International Property Awards are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry. An International Property Award is a world-renowned mark of excellence. The awards are split into regions covering Africa, Asia Pacific, Arabia, Canada, Caribbean, Central & South America, Europe, UK and USA. Participants enter at their relevant national level and are judged by a highly experienced team of professionals who are selected by the International Property Awards organisers for their expertise in a variety of disciplines relating to the design, development and marketing of property.
Stuart Shield President, International Property Awards
The European Property Awards are a part of the International Property Awards, which are known to be the world’s most reputable competition and are considered as the highest standard of excellence throughout the global industry. The European Property Awards are judged by an independent panel of 70 industry experts. Judging focuses on design, quality, service, innovation, originality, and commitment to sustainability. The inaugural International Property Awards were presented in 1995 and covered 10 different residential categories. The first gala event was held at the Park Lane Hotel in London, with most of the winners attending to collect their awards. In 1998 the gala event took place at the House of Commons – a very popular choice of venue amongst winners. As the reputation of the Awards grew, the gala evenings were moved to the Marriott Grosvenor Square, now the Royal Lancaster Hotel.
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european property awards | faros sea residence
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faros sea residence | european property awards
DELUXE BEACHFRONT VILLAS COMPLEX FAROS SEA RESIDENCE RECEIVED EUROPEAN PROPERTY AWARD IN THE CATEGORY OF THE BEST RESIDENTIAL DEVELOPMENT IN CYPRUS.
By that time the International Property Awards were established as the premier programme recognising and rewarding excellence in their field and the gala dinners had become essential dates on the property industry calendar. In 2007 the International Property Awards gala event was held at the internationally renowned Bellagio Hotel in Las Vegas, with competing companies selected from the highest-scoring winners in each of the categories from every world region. On this occasion 30,000 property professionals also attended the world’s largest real estate expo.
The highest-scoring winners from each region are automatically entered into the overall International Awards, which ultimately determine the world’s finest property companies.
In 2008 the Asia Pacific, American and the European Awards were established with gala dinners in Singapore, Florida and London respectively. The International Property Awards were presented at the Ritz Carlton Hotel in Orlando, November 2008.
It’s going to be interesting to see how well Europe in general and Cyprus in particular compete internationally as the next stage is for the top-scoring winners from each category of the European Property Awards to literally take on the world by competing against other high scoring companies from Asia Pacific, Africa, the Americas and Arabia. The ultimate World’s Best in each category will be unveiled when the final results are revealed at London’s Savoy Hotel on December 4th. As the President of the International Property Awards, Stuart Shield, said, “Every year we see entries from new countries keen to grab the limelight and, as this competition has proved over the years, innovation, flair, imagination and originality know no bounds. This is what makes the results of the competition so exciting.” buyhome.com |
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A View to Sea: FAROS SE A RESIDENCE
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VILLA DIONE 34
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featured property | faros sea residence
MORE TRADITIONAL FAMILY SECOND HOMES THAN SIMPLY SUMMER VACATION VILLAS, FAROS SEA RESIDENCE IS A UNIQUE LUXURY ENCLAVE WHERE A RELAXED MEDITERRANEAN LIFESTYLE AND A MYRIAD OF PREMIUM MODERN AMENITIES WILL ENSURE YOUR FAMILY WILL BE AMONG THE HAPPIEST AND HEALTHIEST PEOPLE IN THE WORLD.
VILLA DIONYSOS
Choosing your second home may be a dilemma when you have a big family with different passions and lifestyle interests. Cyprus is, to the surprise of many, able to offer it all: skiing in the Troodos mountains, yachting in the blue Mediterranean, and of course, all the benefits of living in the traditional beach resort. Located on the east coast of Cyprus near the village of Pervolia, 16 km west of Larnaka, FAROS SEA RESIDENCE is the newly built gated community of beachfront villas for private ownership. Extremely spacious, 5,6 and 7-bedroom family homes offer abundant living indoor and outdoor areas. Individual plots right on the beach, ranging from 1,082m2 to 3,492m2, ensure great privacy and serene, quiet ambience.
VILLA ATHENA
SPECTACULAR UNINTERRUPTED VIEWS OVER THE MEDITERRANEAN SEA ARE AN INTEGRAL PART OF ALL THE LIVING SPACES. buyhome.com |
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LARGE PRIVATE LANDSCAPED GARDENS ALLOW YOU TO ENJOY OUTDOOR LIFE IN ROYAL SECLUSION 36
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featured property | faros sea residence
CYPRUS HAS ONE OF THE WARMEST CLIMATES AND WARMEST WINTERS IN THE MEDITERRANEAN PART OF EUROPE WITH AVERAGE COASTAL TEMPERATURE OF 24°C DURING THE DAY AND 14°C DURING THE NIGHT. HERE YOUR LIFE NATURALLY FLOWS FROM INDOORS TO OUTDOORS.
Each property grants its inhabitants the possibility of enjoying a subtropical Mediterranean climate equal to Naples or Los Angeles at its best: insulated brickwork walls and VRV air conditioning system (a multi-split type air conditioner that provides you with the ability to maintain individual zone control in each room and floor of the house); windows with energysaving frames and double glazing; heated floors of all areas including basement ensure comfort both during the rainy winter season or long and hot summertime. Faros Sea Residence exemplifies contemporary active living on the seashore. Premium sports and wellness amenities like an outdoor overflow pool just a step away from the sitting room; or a lavish indoor spa with sauna and jacuzzi; or a spacious private gym in the villa basement, guarantee that your family can live a daily healthy lifestyle with no effort.
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faros sea residence | featured property
EACH VILLA IS EQUIPPED WITH A LIGHT, FULLY FITTED INDIVIDUALLY DESIGNED KITCHEN THAT WILL FURTHER FUEL YOUR HEALTHY LIFESTYLE AND BECOME THE HUB OF WELCOMING AND INTIMATE GATHERINGS WITH FAMILY AND FRIENDS. Everyone watching modern Chef Shows realises that in our days cooking is a dance and the kitchen is the stage. Entertaining guests with exquisite healthy meals and desserts is a big part of the Mediterranean culture. Faros Sea Residence is an ideal home for families who appreciate the natural beauty of the Mediterranean lifestyle: sunny and warm weather, blue sea, endless sandy beaches, but also want luxury, privacy and comfort. Everything here is topclass and brand new, no one has lived here yet. And attention to every detail of design and quality in building materials that are specially chosen for the local climate and lifestyle will make you want to live here all yearround.
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PROPERTY Faros Sea Residence Pervolia, Larnaka Area, Cyprus
OFFER Individually designed beachfront villas for private ownership EUR 3,550,000 – 6,950,000
CONTACT Buy Home Estate Agency 7777 88 00 (Cyprus) + 357 24 20 88 00 (International) buyhome@buyhome.com www.buyhome.com www.farossearesidence.com
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featured property | limassol
Detached Five Bedroom Villa Akrounta, Limassol
ID: LIM39166
5
Bedrooms
573
m2 Covered Area
4307 m
2
Plot Area
€
2,900,000
Located in the hidden paradise of the Akrounta village, this sublime five en suite bedroom villa, with additional family bathroom, three independent lofts and large well-equipped kitchen offers magnificent views over the nearby Germasogeia Dam. The property features an amazing “salt”, 15 x 5 m long outdoor pool with a heat absorbing stone patio and a built-in barbecue; a mature fruit tree garden with a waterfall into a specially built rock pool . Huge double level parking for 18+ cars matches the extremely high standards of the house. More modern additions including highly advanced security control, quality water supply, geo-thermal heating, Lutron lighting systems and professional home cinema put the focus on comfort and luxury. The principal A1 highway is just a 10-minute drive away, giving easy access to Limassol shopping, fine dining and other amenities, and the residence is also less than 15 minutes from the city’s tourist area and the beach.
7777 8800 (LOCAL CALLS)
+357 24 20 8800 (INTERNATIONAL CALLS)
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limassol | apartments
Renovated, Central Limassol Apartment
One Bedroom Apartment in Tourist Area
Stunning Contemporary Apartment
Town Center, Limassol
Potamos Germasogeias, Limassol
Agios Tychonas, Limassol
ID: LIM39238
2 Beds 90m2 Covered Area
1 Beds
€ 160,000
Modern 3 Bedroom Penthouse Mesa Geitonia, Limassol
ID: LIM39237
3 Beds 100m2 Covered Area
€ 209,000
4 Beds 275m2 Covered Area
€ 500,000
€ 840,000
Apartment with Roof-Deck & Separate Studio
Agios Tychonas, Limassol
Germasogeia, Limassol
ID: LIM39178
Agios Tychonas, Limassol
168m2 Covered Area
ID: LIM39226
4 Beds
€ 350,000
127m2 Covered Area
160m2 Covered Area
€ 460,000
New Apartment Near Beach &Center ID: LIM39182
Potamos Germasogeias, Limassol
ID: LIM39209
3 Beds
€ 575,000
210m2 Covered Area
Limassol’s Ultimate Residential Address
Absolute Waterfront Luxury
Mouttagiaka, Limassol
Potamos Germasogeias, Limassol
ID: LIM39222
2 Beds 140m2 Covered Area
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155m2 Covered Area
Brand New Luxury 2 Bedroom Apartment
3 Beds
77 77 88 00 (LOCAL CALLS) +357 24 20 88 00 (INTERNATIONAL)
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€ 170,000
60m2 Covered Area
Spacious Ultra Modern Apartment ID: LIM39240
ID: LIM39206
3 Beds
2 Beds
Stunning Whole Floor Apartment Germasogeia, Limassol
ID: LIM39191
€ 740,000
ID: LIM39233
3 Beds
€ 1,970,000
478m2 Covered Area
€ 1,700,000
apartments | limassol
Modern Apartment Next to the Sea Potamos Germasogeias, Limassol
Luxury 3 Bedroom Apartment ID: LIM39245
3 Beds
Luxury Waterfront 2 Bedroom Apartment
Germasogeia, Limassol
ID: LIM39189
3 Beds
€ 585,000
127m2 Covered Area
€ 389,000
185m2 Covered Area
Exquisitely Renovated Penthouse
Limassol, Limassol Marina
Potamos Germasogeias, Limassol
2 Beds 100m2 Covered Area
Brand New 3 Bedroom Apartment Potamos Germasogeias, Limassol
€ 1,649,550
60m2 Covered Area
Neapolis, Limassol
120m2 Covered Area
210m2 Covered Area
€ 740,000
Agios Tychonas, Limassol
ID: LIM39207
4 Beds
€ 135,000
ID: LIM39273
200m2 Covered Area
€ 2,100,000
For instant updates, like our page
/BuyHomeEstateAgency
2 Beds
€ 378,000
ID: LIM39173
Ultra-Luxurious Penthouse Apartment ID: LIM39203
Modern Apartment Near town Center ID: LIM39225
3 Beds 87m2 Covered Area
€ 750,000
1 Beds
Development in Mesa Geitonia Mesa Geitonia, Limassol
Town Center, Limassol
Potamos Germasogeias, Limassol 3 Beds
Modern Apartment in City Center ID: LIM39185
3 Beds 272m2 Covered Area
240m2 Covered Area
€ 1,200,000
202m2 Covered Area
Contemporary 3 Bedroom Apartment ID: LIM39204
5 Beds
€ 1,300,000
ID: LIM39236
2 Beds
Absolute Luxury Waterfront Apartments ID: LIM39216
Potamos Germasogeias, Limassol
€ 1,800,000 buyhome.com |
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limassol | apartments
Ultra Modern Apartments Potamos Germasogeias, Limassol
Modern Apartment Near the Sea ID: LIM39228
1 Beds 63m2 Covered Area
€ 218,000
€ 175,000
ID: LIM39410
€ 199,000
180m2 Covered Area
€ 160,000
Mesa Geitonia, Limassol
ID: LIM39275
100m2 Covered Area
€ 220,000
Perfect Holiday Town Home ID: LIM39375
3 Beds
€ 238,875
90m2 Covered Area
2 Beds
120m2 Covered Area
Town Center, Limassol
ID: LIM39408
Modern Apartment
Tsirio, Limassol
Renovated Apartment Town Center ID: LIM39257
1 Beds 97m2 Covered Area
€ 400,000
3 Beds
Brand New Central Apartment Mesa Geitonia, Limassol
145m2 Covered Area
Omonia, Limassol 2 Beds
Stunning Modern Apartment ID: LIM39405
2 Beds 94m2 Covered Area
ID: LIM39248
3 Beds
Brand New Apartment Mesa Geitonia, Limassol
Brand New Apartment
Agios Tychonas, Limassol
Town Center, Limassol
ID: LIM39404
2 Beds
€ 245,000
80m2 Covered Area
€ 249,000
find more properties at:
buyhome.com Top Floor Apartment Potamos Germasogeias, Limassol
Two Bedroom Apartment ID: LIM39371
2 Beds 98m2 Covered Area
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Potamos Germasogeias, Limassol
ID: LIM39373
2 Beds
€ 345,000
78m2 Covered Area
€ 380,000
apartments | limassol
Truly Luxurious High Rise Apartments
Modern Apartment
Town Center, Limassol
Katholiki, Limassol
ID: LIM39304
3 Beds 180m2 Covered Area
3 Beds
€ 2,900,000
120m2 Covered Area
Centrally Located 3 Bedroom Apartment
Renovated Apartment
Kapsalos, Limassol
Potamos Germasogeias, Limassol
ID: LIM39294
3 Beds 122m2 Covered Area
€ 195,000
ID: LIM39262
5 Beds ???m2 Covered Area
€ 2,850,000
ID: LIM39300
€ 240,000
145m2 Covered Area
Recently Completed Luxury Apartments ID: LIM39289
Germasogeia, Limassol
ID: LIM39277
3 Beds
€ 235,000
€ 1,500,000
165m2 Covered Area
Garden Apartment Close to the Beach
Stunning 4 bedroom Apartment
Agios Tychonas, Limassol
Agios Athanasios, Limassol
ID: LIM39362
70m2 Covered Area
ID: LIM39271
4 Beds
€ 250,000
158m2 Covered Area
€ 505,000
4 Bedroom Penthouse in Limassol ID: LIM39297
2 Beds 96m2 Covered Area
€ 185,000
2 Beds
Apartment in Prime Location Agia Fyla, Limassol
92m2 Covered Area
Tricherousa, Limassol 3 Beds
2 Beds
Renovated Apartment ?????? Kalogiri, Limassol
Large 3 bedroom apartment ID: LIM39351
Petrou & Pavlou, Limassol
ID: LIM39450
“Excellent Service”
4 Beds
€ 220,000
125m2 Covered Area
€ 245,000 buyhome.com |
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limassol | houses
Detached Luxury Family Mansion
Beautiful Home in Village Setting
Agios Tychonas, Limassol
ID: LIM39249
4 Beds
€
232m Covered Area 2
930,000
Detached Luxury Family Mansion ID: LIM39254
5 Beds 1200m Covered Area
€
6,000,000
77 77 88 00 (LOCAL CALLS) +357 24 20 88 00 (INTERNATIONAL)
4 Beds 120m2 Covered Area
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€
Agios Athanasios, Limassol
260,000
ID: LIM39224
3 Beds 142m2 Covered Area
€
415,000
Brand New Quality Family Home Agios Tychonas, Limassol
ID: LIM39208
4 Beds 183m2 Covered Area
46
ID: LIM39210
Development in Agios Athanasios
Agios Athanasios, Limassol
2
Akrounta, Limassol
€
633,000
houses | limassol
Modern Family Home
A Trully Beautiful Home with Stunning Views
Kolossi, Limassol
ID: LIM39192
4 Beds
€
340m Covered Area 2
650,000
5 Bedroom Detached House in Popular Area Mouttagiaka, Limassol
N/A Covered Area
€
2,700,000
Detached Modern Family Home
5 Beds
€
320m2 Covered Area
750,000
Parekklisia, Limassol
ID: LIM39165
4 Beds 400m2 Covered Area
€
1,850,000
Luxury Waterfront Villa with Berth
Finikaria, Limassol
ID: LIM39239
5 Beds N/A Covered Area
ID: LIM39231
4 bedroom Detached House ID: LIM39187
5 Beds
Germasogeia, Limassol
€
2,000,000
Limassol Marina, Limassol
ID: LIM39214
3 Beds 239m2 Covered Area
€
3,250,000 buyhome.com |
47
limassol | houses
Modern Family Home in Limassol
Modern Bungalow in Asgata
Potamos Germasogeias, Limassol
ID: LIM39413
3 Beds 160m Covered Area 2
€
395,000
Detached Family Home ID: LIM39211
4 Beds 240m Covered Area
€
499,999
For instant updates, like our page
/BuyHomeEstateAgency
3 Beds 160m2 Covered Area
| buyhome.com
€
Pyrgos, Limassol
410,000
ID: LIM39411
3 Beds 185m2 Covered Area
€
580,000
Central Location Close to the Beach Potamos Germasogeias, Limassol
ID: LIM39368
3 Beds 140m2 Covered Area
48
ID: LIM39344
Contemporary Traditional House
Pera Pedi, Limassol
2
Asgata, Limassol
€
680,000
houses | limassol
Brand New Family Home in Moni
Modern Quality Home
Moni, Limassol
ID: LIM39350
5 Beds 350m Covered Area 2
€
700,000
Modern Home with Views and Land ID: LIM39352
4 Beds 290m Covered Area
€
850,000
Stunning Quality Home in Paramytha
3 Beds
€
193m2 Covered Area
720,000
Phinikaria, Limassol
ID: LIM39417
4 Beds 280m2 Covered Area
€
1,000,000
Large Family Home
Paramytha, Limassol
ID: LIM39384
5 Beds 365m2 Covered Area
ID: LIM39392
Modern House with Dam View
Agia Fyla, Limassol
2
Mouttagiaka, Limassol
€
595,000
Parekklisia, Limassol
ID: LIM39278
5 Beds 480m2 Covered Area
€
1,500,000
buyhome.com |
49
limassol | houses
Quality Home in Pyrgos
Beachfront Villa
Pyrgos, Limassol
ID: LIM39337
4 Beds
€
192m Covered Area 2
325,000
Beachfront Villa ID: LIM39308
5 Beds 909m Covered Area
ID: LIM39319
4 Beds 600m2 Covered Area
€
3,300,000
Luxury Apartment with Water Views
Agios Tychonas, Limassol
2
Zygi, Limassol
€
10,672,000
Potamos Germasogeias, Limassol
ID: LIM39355
3 Beds
€
172m2 Covered Area
720,000
find more properties at:
buyhome.com Mountain Retreat Moniatis, Limassol
ID: LIM39342
3 Beds 180m2 Covered Area
50
| buyhome.com
€
3,500,000
houses | limassol
Absolute Luxury with Sea Views
Luxury Mansion or Boutique Hotel
Agios Tychonas, Limassol
ID: LIM39320
6 Beds 630m Covered Area 2
€
3,300,000
Detached Villa in Kolossi
ID: LIM39306
7 Beds 810m2 Covered Area
€
6,500,000
Detached Family Home
Kolossi, Limassol
ID: LIM39288
3 Beds
€
155m Covered Area 2
235,000
Luxury Villa
Agios Ambrosios, Limassol
ID: LIM39299
3 Beds
€
220m2 Covered Area
390,000
Luxury Villa in Agios Tychonas
Kalogyroi, Limassol
ID: LIM39399
4 Beds 560m2 Covered Area
Apesia, Limassol
€
3,500,000
Agios Tychonas, Limassol
ID: LIM39383
7 Beds 500m2 Covered Area
€
4,500,000 buyhome.com |
51
limassol | land
Souni Residential Plot Zanatzia, Limassol
Souni Residential Plot ID: LAR40305
770m2 Plot Area 20% Building Density
€ 108,000
€ 165,000
Zanatzia, Limassol
20% Building Density
Agios Athanasios, Limassol
40% Building Density
€ 200,000
“Excellent Service”
52
| buyhome.com
Agios Nicolaos, Limassol
ID: LIM39388
120% Building Density
€ 250,000
Asgata, Limassol
ID: LIM39403
5659m2 Plot Area
€ 270,000
10% Building Density
€ 368,000
Land for Sale ID: LIM39402
6113m2 Plot Area 10% Building Density
€ 120,000
Plot of Land ID: LIM39292
Plot of Land Asgata, Limassol
80% Building Density
344m2 Plot Area
600m2 Plot Area
€ 265,000
ID: LIM39285
Residential Land Plot ID: LIM39420
Residential Building Plot ID: LIM39353
681m2 Plot Area 120% Building Density
€ 108,000
2342m2 Plot Area
Prime Development Potential Town Center, Limassol
20% Building Density
Germasogeia, Limassol 301m2 Plot Area
Plot Sale Souni ID: LIM39418
1673m2 Plot Area 20% Building Density
Germasogeia Plot Land ID: LAR40304
779m2 Plot Area
Residential Land Apesia Apesia, Limassol
Zanatzia, Limassol
Fasoula, Limassol
ID: LIM39364
100000m2 Plot Area
€ 398,000
6% Building Density
€ 423,150
land | limassol
Residential Building Plot Kapsalos, Limassol
Residential Building Plot ID: LIM39387
524m2 Plot Area 120% Building Density
€ 450,000
€ 1,500,000
€ 2,500,000
Agios Athanasios, Limassol
80% Building Density
Potamos Germasogeias, Limassol
€ 1,850,000
100% Building Density
€ 710,000
Agios Spyridonas, Limassol
ID: LIM39260
140% Building Density
€ 1,900,000
Agricultural Land for Sale ID: LIM39253
Mathikoloni, Limassol
ID: LIM39261
84771m2 Plot Area
€ 2,600,000
ID: LIM39422
2214m2 Plot Area
€ 3,034,500
10% Building Density
1078m2 Plot Area
Investment Opportunity ID: LIM39369
2913m2 Plot Area N/A Building Density
90% Building Density
ID: LIM39401
Commercial Plot ID: LIM39370
2417m2 Plot Area
Prime Industrial Land Agios Athanasios, Limassol
Agios Athanasios, Limassol
Investment Opportunity ID: LIM39266
2004m2 Plot Area 140% Building Density
€ 540,000
2017m2 Plot Area
Commercial Investment Land Omonoia, Limassol
40% Building Density
Asgata, Limassol 11772m2 Plot Area
Prime Commercial Land ID: LIM39390
10250m2 Plot Area 30% Building Density
Plot of Land ID: LIM39293
1200m2 Plot Area
Residential Land Pyrgos Pyrgos, Limassol
Agios Athanasios, Limassol
10% Building Density
€ 2,970,000
77 77 88 00 (LOCAL CALLS) +357 24 20 88 00 (INTERNATIONAL)
€ 3,250,000 buyhome.com |
53
54
| buyhome.com
featured property | larnaka
Detached Luxury Family House Mazotos, Larnaka
ID: LAR40282
5
Bedrooms
420
m2 Covered Area
2342 m
2
Plot Area
â‚Ź
1,450,000
If you are looking for peace and tranquility, this 5-bedroom, 5-bathroom property is exactly for you. This beautiful house sits on a plot of 2342 m2, with covered area of 420 m2 and is surrounded by a huge garden full of olive trees. The heated pool is a big advantage of this property, so you can enjoy swimming throughout the year. The property comes fully furnished, including a jacuzzi.
7777 8800 (LOCAL CALLS)
+357 24 20 8800 (INTERNATIONAL CALLS)
buyhome.com |
55
larnaka | houses
2 Bedroom Semi-detached house
3 Bedroom Link-detached house
Oroklini, Larnaka
ID: LAR00473
2 Beds 110m Covered Area 2
€
165,000
4 Bedroom Link-detached house ID: LAR40202
4 Beds 220m Covered Area
€
225,000
For instant updates, like our page
/BuyHomeEstateAgency
3 Beds 165m2 Covered Area
| buyhome.com
€
Pervolia, Larnaka
205,000
ID: LAR40248
3 Beds 128m2 Covered Area
€
240,000
3 Bedroom Link-detached house Pyla, Larnaka
ID: LAR40213
3 Beds 170m2 Covered Area
56
ID: LAR01261
3 Bedroom house with communal pool
Aradippou, Larnaka
2
Oroklini, Larnaka
€
245,000
houses | larnaka
4 Bedroom New Build house
3 Bedroom Link-detached house
Pyla, Larnaka
ID: LAR39657
4 Beds 219m Covered Area 2
€
250,000
4 Bedroom Link-detached house ID: LAR40130
4 Beds 195m Covered Area
€
250,000
3 Bedroom house
3 Beds 156m2 Covered Area
€
250,000
Pyla, Larnaka
ID: LAR39753
3 Beds 156m2 Covered Area
€
255,000
3 Bedroom house
Ayios Ioannis, Larnaka
ID: LAR39860
3 Beds 245m2 Covered Area
ID: LAR17998
3 Bedroom Link-detached house
Livadia, Larnaka
2
Livadia, Larnaka
€
270,000
Aradippou, Larnaka
ID: LAR40137
3 Beds 160m2 Covered Area
€
280,000
buyhome.com |
57
larnaka | houses
4 Bedroom Link-detached house
3 Bedroom house
Livadia, Larnaka
ID: LAR02168
4 Beds 230m Covered Area 2
€
289,000
4 Bedroom house ID: LAR37765
4 Beds 200m Covered Area
ID: LAR40261
3 Beds 180m2 Covered Area
€
305,000
3 Bedroom detached house with pool
Pervolia, Larnaka
2
Mazotos, Larnaka
€
329,000
Oroklini, Larnaka
ID: LAR40122
3 Beds 300m2 Covered Area
€
340,000
find more properties at:
buyhome.com 3 Bedroom Semi-detached house Oroklini, Larnaka
ID: LAR39716
3 Beds 165m2 Covered Area
58
| buyhome.com
€
342,000
houses | larnaka
4 Bedroom house
3 Bedroom Link-detached house
Oroklini, Larnaka
ID: LAR16159
4 Beds 230m Covered Area 2
€
365,000
3 Bedroom Bungalow ID: LAR40021
3 Beds 190m Covered Area
€
425,000
3 Bedroom house
125m2 Covered Area
€
370,000
Mosfiloti, Larnaka
ID: LAR39957
3 Beds 380m2 Covered Area
€
450,000
4 Bedroom house
Livadia, Larnaka
ID: LAR05938
3 Beds 385m2 Covered Area
3 Beds
ID: LAR40083
3 Bedroom house
Krasa, Larnaka
2
Dhekelia Road, Larnaka
€
470,000
Vergina, Larnaka
ID: LAR24941
4 Beds 210m2 Covered Area
€
529,000
buyhome.com |
59
larnaka | houses
5 Bedroom house
4 Bedroom Villa
Alethriko, Larnaka
ID: LAR39971
5 Beds 285m Covered Area 2
€
525,000
3 Bedroom Linked-Detached Bungalow ID: LAR01334
3 Beds 210m Covered Area
€
559,000
“Excellent Service”
4 Beds 250m2 Covered Area
| buyhome.com
€
Aradippou, Larnaka
550,000
ID: LAR39909
4 Beds 330m2 Covered Area
€
590,000
4 Bedroom Semi-detached house Aradippou, Larnaka
ID: LAR39909
4 Beds 330m2 Covered Area
60
ID: LAR39799
4 Bedroom house
Oroklini, Larnaka
2
Dhekelia Road, Larnaka
€
590,000
houses | larnaka
3 Bedroom house
5 Bedroom house
Ayia Anna, Larnaka
ID: LAR39704
3 Beds 240m Covered Area 2
€
595,000
4 Bedroom Bungalow ID: LAR10101
4 Beds 400m Covered Area
€
739,000
4 Bedroom house
5 Beds 300m2 Covered Area
€
645,000
Oroklini, Larnaka
ID: LAR40295
3 Beds 157m2 Covered Area
€
205,000
5 Bedroom house
Vergina, Larnaka
ID: LAR13464
4 Beds 380m2 Covered Area
ID: LAR10143
3 Bedroom Semi-detached house
Oroklini, Larnaka
2
Softades, Larnaka
€
839,000
Town Center, Larnaka
ID: LAR07300
5 Beds 335m2 Covered Area
€
900,000
buyhome.com |
61
larnaka | houses
4 Bedroom house
4 Bedroom Bungalow
Pyla, Larnaka
ID: LAR04365
4 Beds 407m Covered Area 2
€
950,000
4 Bedroom Link-detached House ID: LAR40296
4 Beds 180m Covered Area
€
280,000
77 77 88 00 (LOCAL CALLS) +357 24 20 88 00 (INTERNATIONAL)
4 Beds 350m2 Covered Area
| buyhome.com
€
1,300,000
Ayia Anna, Larnaka
ID: LAR39704
3 Beds 240m2 Covered Area
€
590,000
3 Bed Beach House With Pool Pervolia, Larnaka
ID: LAR40368
3 Beds 172m2 Covered Area
62
ID: LAR40253
3 Bedroom detached house
Aradippou, Larnaka
2
Pervolia, Larnaka
€
390,000
houses | larnaka
4 Bedroom house with pool
4 Bedroom Family House
Pervolia, Larnaka
ID: LAR40311
4 Beds 221m Covered Area 2
€
495,000
4 Bedroom Detached house ID: LAR05162
4 Beds 175m Covered Area
€
370,000
4 Bedroom house - 100m from the beach
4 Beds 270m2 Covered Area
€
295,000
Dhekelia Road, Larnaka
ID: LAR40154
3 Beds 156m2 Covered Area
€
385,000
4 Bedroom Detached House
Dhekelia Road, Larnaka
ID: LAR40231
4 Beds N/A Covered Area
ID: LAR40421
3 Bedroom Link-detached houses
Mazotos, Larnaka
2
Athienou, Larnaka
€
490,000
Neo Gasizi, Larnaka
ID: LAR22089
4 Beds 280m2 Covered Area
€
730,000
buyhome.com |
63
larnaka | houses
6 Bedroom detached house
5 Bedroom luxury beachfront villa
Oroklini, Larnaka
ID: LAR39966
6 Beds 1300m Covered Area 2
€
6,750,000
4 Bedroom house with mature gardens Pervolia, Larnaka
300m Covered Area 2
€
3,000,000
For instant updates, like our page
/BuyHomeEstateAgency
5 Beds 600m2 Covered Area
| buyhome.com
€
5,300,000
Dhekelia Road, Larnaka
ID: LAR12423
5 Beds 700m2 Covered Area
€
1,870,000
5 Bedroom detached house Oroklini, Larnaka
ID: LAR39848
5 Beds 537m2 Covered Area
64
ID: LAR40211
5 Bedroom detached house ID: LAR40216
4 Beds
Pervolia, Larnaka
€
1,450,000
houses | larnaka
6 Bedroom detached house
3 Bedroom luxury house
Faneromeni, Larnaka
ID: LAR20859
6 Beds 530m Covered Area 2
€
1,700,000
5 Bedroom house ID: LAR39990
5 Beds 620m Covered Area
€
4,500,000
6 Bedroom house with pool
3 Beds 340m2 Covered Area
€
1,300,000
Pervolia, Larnaka
ID: LAR40162
4 Beds 212m2 Covered Area
€
1,200,000
Luxury beachfront villa
Faneromeni, Larnaka
ID: LAR39755
6 Beds 320m2 Covered Area
ID: LAR39698
4 Bedroom beach villa
Aradippou, Larnaka
2
Livadia, Larnaka
€
950,000
Pervolia, Larnaka
ID: LAR40272
5 Beds 312m2 Covered Area
€
2,255,000
buyhome.com |
65
larnaka | apartments
1 Bedroom apartment with pool Oroklini, Larnaka
1 Bedroom apartment ID: LAR38561
1 Beds 50m2 Covered Area
€ 49,000
ID: LAR40342
2 Beds 76m2 Covered Area
€ 79,000
€ 70,000
2 Bedroom top floor apartment
Livadia, Larnaka
Oroklini, Larnaka
ID: LAR40360
82m2 Covered Area
Ayioi Anargyroi, Larnaka
85m2 Covered Area
ID: LAR39839
€ 85,000
ID: LAR05944
2 Beds
€ 120,000
75m2 Covered Area
€ 88,000
2 Bedroom apartment ID: LAR40219
2 Beds
€ 95,000
85m2 Covered Area
2 Bedroom apartment with large veranda
2 Bedroom apartment ID: LAR08510
2 Beds 80m2 Covered Area
55m2 Covered Area
Pyla, Larnaka 2 Beds
2 Beds
2 Bedroom apartment Chrysopolitissa, Larnaka
2 Bedroom apartment ID: LAR39788
1 Beds
2 Bedroom apartment Livadia, Larnaka
Kiti, Larnaka
Vergina, Larnaka
ID: LAR39615
2 Beds
€ 103,000
80m2 Covered Area
€ 108,000
find more properties at:
buyhome.com 2 Bedroom top floor apartment Town Center, Larnaka
3 Bedroom apartment ID: LAR40210
3 Beds 85m2 Covered Area
66
| buyhome.com
Chrysopolitissa, Larnaka
ID: LAR40365
3 Beds
€ 100,000
95m2 Covered Area
€ 109,000
apartments | larnaka
2 Bedroom apartment St. George, Larnaka
3 Bedroom Top Floor apartment ID: LAR40061
2 Beds 74m2 Covered Area
€ 165,000
€ 135,000
ID: LAR40335
3 Beds 90m2 Covered Area
€ 109,000
70m2 Covered Area
ID: LAR07629
€ 137,000
95m2 Covered Area
3 Bedroom apartment ID: LAR40121
Town Center, Larnaka
ID: LAR40047
3 Beds
€ 137,000
€ 149,000
102m2 Covered Area
2 Bedroom apartment-modern design
2 Bedroom modern apartment
Droshia, Larnaka
Krasa, Larnaka
ID: LAR40228
80m2 Covered Area
ID: LAR40220
2 Beds
€ 140,000
79m2 Covered Area
€ 150,000
2 Bedroom apartment ID: LAR40195
2 Beds 78m2 Covered Area
Dhekelia Road, Larnaka
2 Beds
2 Bedroom penthouse apartment Aradippou, Larnaka
€ 120,000
2 Beds
3 Bedroom ground floor apartment Oroklini, Larnaka
100m2 Covered Area
Oroklini, Larnaka 3 Beds
2 Bedroom sea view apartment ID: LAR11276
3 Beds 91m2 Covered Area
3 Bedroom penthouse apartment ID: LAR40223
3 Beds
3 Bedroom penthouse Pervolia, Larnaka
Livadia, Larnaka
Port, Larnaka
ID: LAR15965
“Excellent Service”
2 Beds
€ 150,000
79m2 Covered Area
€ 155,000 buyhome.com |
67
larnaka | apartments
2 Bedroom apartment Town Center, Larnaka
3 Bedroom penthouse ID: LAR40212
2 Beds 83m2 Covered Area
€ 160,000
€ 169,000
Chrysopolitissa, Larnaka
109m2 Covered Area
Larnaka Center, Larnaka
77 77 88 00 (LOCAL CALLS) +357 24 20 88 00 (INTERNATIONAL)
120m2 Covered Area
| buyhome.com
€ 158,000
Meneou, Larnaka
ID: LAR40367
67m2 Covered Area
€ 175,000
2 Bedroom downtown apartment ID: LAR40017
Finikoudes, Larnaka
ID: LAR39954
2 Beds
€ 285,000
93m2 Covered Area
€ 310,000
2 Bedroom apartment ID: LAR40127
2 Beds 92m2 Covered Area
68
€ 189,000
2 Bedroom deluxe penthouse Town Center, Larnaka
92m2 Covered Area
2 Beds
3 Beds
€ 260,000
ID: LAR39633
2 Bedroom sea view apartment ID: LAR40097
3 Bedroom luxury apartment ID: LAR39925
2 Beds 84m2 Covered Area
€ 155,000
3 Beds
2 Bedroom apartment Mackenzie, Larnaka
100m2 Covered Area
Oroklini, Larnaka 3 Beds
3 Bedroom top floor apartment ID: LAR40067
2 Beds 71m2 Covered Area
3 Bedroom triplex apartment ID: LAR20650
3 Beds
2 Bedroom apartment Faneromeni, Larnaka
Droshia, Larnaka
Finikoudes, Larnaka
ID: LAR00365
2 Beds
€ 480,000
135m2 Covered Area
€ 590,000
apartments | larnaka
3 Bedroom sea view apartment Finikoudes, Larnaka
ID: LAR10226
3 Beds 174m2 Covered Area
€ 1,145,000
ID: LAR40460
2 Beds 75m2 Covered Area
3 Bedroom luxury beachfront apartment
Finikoudes, Larnaka
Finikoudes, Larnaka
ID: LAR39709
3 Beds
2 Bedroom apartment with pool Oroklini, Larnaka
3 Bedroom luxury beachfront apartment
140m2 Covered Area
3 Beds
€ 1,325,000
180m2 Covered Area
€ 1,400,000
Unique 2 Bedroom apartment with pool
City center 2 Bedroom Apartments
Oroklini, Larnaka
Town Center, Larnaka
ID: LAR40284
2 Beds
€ 99,950
ID: LAR39721
138m2 Covered Area
ID: LAR40297
2 Beds
€ 149,000
80m2 Covered Area
€ 192,000
Studios and 1 Bed Downtown Apartments
2 Bed Topfloor & Roof Garden Apartment
2 Bedroom Apartment -Downtown Project
Town Center, Larnaka
Prodromos, Larnaka
Town Center, Larnaka
ID: LAR40139
1 Beds 41m2 Covered Area
2 Beds
€ 74,000
72m2 Covered Area
Downtown 2 Bedroom Luxury Apartments
2 Bedroom apartment
Downtown, Larnaka
Port, Larnaka
ID: LAR40242
2 Beds 85m2 Covered Area
ID: LAR39736
2 Beds
€ 165,000
ID: LAR40387
76m2 Covered Area
83m2 Covered Area
€ 175,000
For instant updates, like our page
/BuyHomeEstateAgency
2 Beds
€ 185,000
ID: LAR21846
€ 115,000 buyhome.com |
69
larnaka | featured properties
70
| buyhome.com
featured properties | larnaka
properties for sale in
Mackenzie Area
PLOTS FOR SALE Plot Areas from 500m2 to 930m2
€700,000 to €1,200,000 LAND FOR SALE Land Areas from 5,000m2 to 20,000m2
€6,000,000 to €12,000,000
For more information please contact us at 7777 88 00 (Cyprus), +357 24 20 88 00 (International)
buyhome.com |
71
larnaka | land
Investment Opportunity Town Center, Larnaka
Commercial Plot ID: LAR40366
3999m2 Plot Area 120% Building Density
€ 4,250,000
€ 860,000
Larnaka Town, Larnaka
140% Building Density
Port, Larnaka
100% Building Density
140% Building Density
Port, Larnaka 400m2 Plot Area
€ 1,400,000
€ 680,000
ID: LAR40150
€ 260,000
120% Building Density
Commercial Plot By Port ID: LAR40291
614m2 Plot Area
€ 435,000
ID: LAR39798
Plot Near Larnaka Port ID: LAR39762
Plot Near Larnaka Port ID: LAR40263
571m2 Plot Area 120% Building Density
€ 490,000
1074m2 Plot Area
Off Makariou Plot 571 M2 Port, Larnaka
180% Building Density
Town Center, Larnaka 487m2 Plot Area
Downtown Plot Investment ID: LAR39896
1440m2 Plot Area 120% Building Density
Off Makariou Plot ID: LAR11921
604m2 Plot Area
Commercial Plot Larnaka Town, Larnaka
Town Center, Larnaka
Port, Larnaka
ID: LAR40316
1171m2 Plot Area
€ 950,000
180% Building Density
€ 2,100,000
find more properties at:
buyhome.com 5 Plots- Tourist Area Oroklini Tourist Area, Larnaka
Tourist Area Plot ID: LAR40361
532m2 Plot Area 35% Building Density
72
| buyhome.com
Oroklini Tourist Area, Larnaka
ID: LAR40344
843m2 Plot Area
€ 195,000
35% Building Density
€ 268,000
land | larnaka
Land For Sale Oroklini Tourist Area, Larnaka
Plot For Sale ID: LAR39695
2521m2 Plot Area 35% Building Density
€ 325,000
€ 340,000
€ 73,000
Alethriko, Larnaka
90% Building Density
60% Building Density
€ 320,000
Anglisides, Larnaka
ID: LAR20654
2676m2 Plot Area
€ 450,000
60% Building Density
€ 190,000
Plot For Sale ID: LAR39863
Pyla, Larnaka
ID: LAR12559
557m2 Plot Area
€ 63,000
90% Building Density
€ 93,000
Residential Land ID: LAR40271
583m2 Plot Area 90% Building Density
90% Building Density
ID: LAR40245
Residential Land ID: LAR40087
546m2 Plot Area
Oroklini Corner Plot – P3 Oroklini, Larnaka
Livadia, Larnaka
Alethriko Building Plots ID: LAR22065
2676m2 Plot Area 30% Building Density
€ 199,000
6726m2 Plot Area
Forest Land Vavatsinia, Larnaka
30% Building Density
Dhekelia Road, Larnaka 790m2 Plot Area
Livadia Land Investment ID: LAR40003
15073m2 Plot Area 10% Building Density
Investment Plot By Sea ID: LAR39693
631m2 Plot Area
Agricultural Land In LIvadia Livadia, Larnaka
Pyla Tourist Area, Larnaka
Lefkara, Larnaka
ID: LAR39646
“Excellent Service”
1218m2 Plot Area
€ 95,000
90% Building Density
€ 104,000 buyhome.com |
73
larnaka | land
Krasa Plot 536 M2 Krasa, Larnaka
Krassa Plot ID: LAR40351
536m2 Plot Area 100% Building Density
€ 144,000
€ 160,000
Chrysopolitissa, Larnaka
120% Building Density
Dromolaxia, Larnaka
77 77 88 00 (LOCAL CALLS) +357 24 20 88 00 (INTERNATIONAL)
90% Building Density
| buyhome.com
€ 130,000
Kiti, Larnaka
ID: LAR20027
90% Building Density
€ 95,000
Residential Plot ID: LAR19974
Dromolaxia, Larnaka
ID: LAR19971
618m2 Plot Area
€ 111,000
90% Building Density
€ 116,000
Residential Plot ID: LAR40238
381m2 Plot Area 30% Building Density
74
€ 270,000
Pervolia Plot - Faros Pervolia, Larnaka
120% Building Density
558m2 Plot Area
544m2 Plot Area
€ 109,000
ID: LAR24728
Residential Plot ID: LAR40343
Residential Plot ID: LAR40155
1338m2 Plot Area 60% Building Density
€ 220,000
522m2 Plot Area
Maroni Residential Land Maroni, Larnaka
100% Building Density
Vergina, Larnaka 600m2 Plot Area
Plot Investment ID: LAR40350
576m2 Plot Area 90% Building Density
Residential Plot ID: LAR40143
623m2 Plot Area
Vergina Corner Plot 576 M2 Vergina, Larnaka
Krasa, Larnaka
Neo Gasizi, Larnaka
ID: LAR39706
483m2 Plot Area
€ 125,000
100% Building Density
€ 130,000
land | larnaka
Residential Plot Livadia, Larnaka
Plot For Sale ID: LAR39627
534m2 Plot Area 90% Building Density
€ 149,000
€ 680,000
€ 2,200,000
Dromolaxia, Larnaka
90% Building Density
Mazotos, Larnaka
€ 1,000,000
60% Building Density
Mazotos, Larnaka
ID: LAR40214
€ 16,900,000
45% Building Density
X3 Plots Livadia Tourist Area ID: LAR39965
Livadia, Larnaka
ID: LAR40198
565m2 Plot Area
€ 650,000
ID: LAR39817
60% Building Density
€ 330,000
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11037m2 Plot Area
€ 200,000
€ 585,000
240% Building Density
64887m2 Plot Area
Mazotos Residential Land ID: LAR40104
769m2 Plot Area 100% Building Density
40% Building Density
ID: LAR39767
Mazotos Beachfront Land ID: LAR39644
2531m2 Plot Area
Aradippou Park Plot Aradippou, Larnaka
Zygi, Larnaka
Dromolaxia Land ID: LAR40159
6690m2 Plot Area 45% Building Density
€ 180,000
9960m2 Plot Area
Waterfront Land Pervolia, Larnaka
80% Building Density
Larnaka Center, Larnaka 304m2 Plot Area
Zygi Land Investment ID: LAR08285
1249m2 Plot Area 120% Building Density
Plot in the Center ID: LAR14376
676m2 Plot Area
Plot For Sale Port, Larnaka
Livadia, Larnaka
€ 680,000 buyhome.com |
75
larnaka | land
Droshia Plot Droshia, Larnaka
Pervolia Seaside Plot ID: LAR40450
283m2 Plot Area 120% Building Density
€ 170,000
€ 2,999,999
Pervolia, Larnaka
90% Building Density
Pyla Tourist Area, Larnaka
25% Building Density
20% Building Density
€ 1,600,000
Kiti, Larnaka
ID: LAR40463
520m2 Plot Area
€ 112,000
50% Building Density
€ 85,000
Residential Plot Aradippou ID: LAR40446
545m2 Plot Area
€ 79,200
ID: LAR40462
Kiti 3X Plots ID: LAR40451
Tourist Plot ID: LAR40465
528m2 Plot Area 90% Building Density
€ 220,000
592m2 Plot Area
Kiti Division Plots Kiti, Larnaka
20% Building Density
Pervolia, Larnaka 9365m2 Plot Area
Pervolia 4X Plots ID: LAR40467
11305m2 Plot Area 45% Building Density
Pervolia Seaside Land ID: LAR40443
943m2 Plot Area
Unique Land Pervolia, Larnaka
Pervolia, Larnaka
Aradippou, Larnaka
ID: LAR40383
518m2 Plot Area
€ 265,000
100% Building Density
€ 155,000
find more properties at:
buyhome.com Corner Plot Aradippou, Larnaka
Oroklini Plot ID: LAR40327
604m2 Plot Area 40% Building Density
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| buyhome.com
Oroklini, Larnaka
ID: LAR40269
646m2 Plot Area
€ 96,000
90% Building Density
€ 95,000
land | larnaka
Oroklini Plot Oroklini, Larnaka
Walking Distance Beach Plots ID: LAR40270
570m2 Plot Area 90% Building Density
€ 95,000
€ 235,000
€ 400,000
Oroklini, Larnaka
60% Building Density
80% Building Density
€ 300,000
Pyla, Larnaka
ID: LAR40252
2918m2 Plot Area
€ 550,000
90% Building Density
€ 425,000
Commercial Land ID: LAR40268
Aradippou, Larnaka
ID: LAR40449
7950m2 Plot Area
€ 1,300,000
140% Building Density
€ 1,500,000
Commercial Plot ID: LAR40386
14590m2 Plot Area 45% Building Density
120% Building Density
ID: LAR40252
Five Investment Plots ID: LAR40001
13044m2 Plot Area
Seaside Land Kiti, Larnaka
Faneromeni, Larnaka
Residential Land ID: LAR18848
558m2 Plot Area 60% Building Density
€ 370,000
456m2 Plot Area
Investment Plot Oroklini, Larnaka
90% Building Density
Livadia, Larnaka 1000m2 Plot Area
Faneromeni Plot ID: LAR40076
1264m2 Plot Area 30% Building Density
Livadia Plot 1000m2 ID: LAR40419
1073m2 Plot Area
Panayia Ampelion Land Aradippou, Larnaka
Livadia, Larnaka
Port Area, Larnaka 1171m2 Plot Area
€ 1,900,000
ID: LAR40316
€ 2,100,000
“Excellent Service”
180% Building Density
buyhome.com |
77
larnaka | commercial
Business / Bar For Sale Larnaka Center, Larnaka
ID: LAR39843
€ 270,000
Business/Bar for Sale in prime location in the heart of Larnaka Town a few steps from the beach. 150 s/m internal area. Has all the necessary licenses. The business is still working.
Office With Sea View Larnaka Center, Larnaka
ID: LAR39720
€ 600,000
Located in the Center of Larnaka on a commercial Avenue this luxurious office has a covered area of 170 s/m. This office offers separate kitchen, W/C, VRV A.C. 2 underground Parking spaces. Just walking distance to the sea and town center.
77 77 88 00 (LOCAL CALLS) +357 24 20 88 00 (INTERNATIONAL) 78
| buyhome.com
Established Fitness Business Aradippou, Larnaka
ID: LAR40191
€ 100,000
The Gym comes fully equipped and inclusive of changing rooms, a Private Physiotherapy room and Beauty Therapist treatment room also. Private parking is available and an existing clients list. Other opportunities are also up for discussion.
Mini Supermarket / Kiosk Larnaka Center, Larnaka
ID: LAR40215
€ 250,000
The Business has frontage on a busy main road with easy access. All stock, fixtures and fittings including a generator and TV. All licences in place. For information contact us.
Boutique Hotel Spa Investment Lefkara, Larnaka
ID: LAR39654
€ 600,000
Areas: National Heritage Stone Building 300 m2 – needs full renovation. New Building to be build 700 m2. Land Area for Hotel 650 m2. Land Area for Parking 335 m2. Beds: 32 beds licensed (can be increase to 40 beds)
commercial | larnaka
Showroom For Sale Larnaka Center, Larnaka
ID: LAR13275
€ 699,000
Plot: 457 m2. Covered areas: Ground floor 275 m2. Mezzanine (upper floor): 135 m2. Garage 52 m2. Height: 7 m. Frontage: 20 m. Option: Can build another 2 floors on top, 250 m2 (each floor). Provisions for elevator etc. Car parking spaces: 5-6
Hotel Apartment Building Dhekelia Road, Larnaka
ID: LAR40230
€ 1,100,000
Located in the tourist area of Oroklini/Pyla, just off the Dhekelia road and only 350 meters away from the beach offering 12 one bedroom Apartments and sitting on a plot of 1057 m2.
Finikoudes Building Finikoudes, Larnaka
ID: LAR39739
€ 1,300,000
The property is in need of renovation but due to its listed status Government grants are given to the owners to aid in this renovation process. The total area of the land is 334m2 and the building approximately 300m2.
Modern 5 Floors Building Investment Faneromeni, Larnaka
ID: LAR15113
€ 1,000,000
Located in the most expensive area of Larnaka and only 8 minutes from Larnaka International Airport. Consists of a Shop with Mezzanine of total area 140m2, 3x Floor/offices of 84m2 each, Covered Basement of 200m2 with 5 car parking.
Investment - Project - Apartments Dhekelia Road, Larnaka
ID: LAR23922
€ 1,245,000
Located 300 meters approximately from the beach, in a tourist area just off the Dhekelia road in the Larnaka District, 10 minutes from the town center and 15 from the international airport. Comprising of 8 units.
Apartment Building For Sale Port, Larnaka
ID: LAR40224
€ 1,260,000
Located near the Port area, in Larnaka on a plot of 595 m2, this mature building, comprising of 3 floors, ground, 1st & 2nd. In total there are 12 apartments (6 two bedroom and 6 one bedroom). The parking is communal.
buyhome.com |
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larnaka | commercial
Investment Building Port, Larnaka
ID: LAR21755
€ 1,500,000
Investment Building for sale in Makariou Avenue. The plot of the building is approximately 510 m2, and the building density 200%, could build up to 6 floors, and the zone is Eb1.
12 Apt. Building in Excellent Condition Larnaka Center, Larnaka
ID: LAR40018
€ 2,000,000
The building offers 12 apartments in total which are rented for short term rental and holiday lets. The building is only 4 years old. Each apartment is fully furnished, with a fitted kitchen, electrical appliances, fully air conditioned, kitchen ware and utensils.
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80
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Showroom With Penthouse Larnaka Center, Larnaka
ID: LAR40042
€ 1,600,000
Three storey building with large open plan interior, basement, and storage space. Ground floor offers bright open areas for showroom or shop. 1st floor can be used for offices or storage space.
Hotel Apartments & Shop Mackenzie, Larnaka
ID: LAR13346
€ 2,100,000
20 one bedroom Apartments Ground Floor Shop – 132 m2, 8 Covered parking spaces. The building is well maintained on the outside but could benefit with changing furnisher and other items in the rooms.
Building Investment Larnaka Center, Larnaka
ID: LAR39987
€ 2,500,000
This building accommodates 4 levels including a large showroom on the ground floor which has an open plan area of 200 s/m that includes a mezzanine. All modern finishes throughout the entire building.
commercial | larnaka
Hotel Apartments Building Port, Larnaka
ID: LAR15059
€ 8,500,000
The Building is located just 500 meters from the New Marina Investment in Larnaka. Has a swimming pool, it is a corner building. It is the only Business Hotel Apartments in the Avenue of Makariou, and the shops of the Hotel face on the commercial street.
Shop / Office For Sale Chrysopolitissa, Larnaka
ID: LAR40255
€ 74,000
Located on a very busy road receiving maximum exposure from passing traffic. The shop/office has a covered area of 42 m2 plus another 30 m2 approximately of added flooring on the mezzanine. This is a good opportunity for rental investment.
Investment Property Mackenzie, Larnaka
ID: LAR40391
€ 1,200,000
An excellent opportunity for someone who wishes to invest and have an excellent return. This 3 floor storey building property offers 6 two bedroom Apartments, 2 Apts on each floor, 1 bedroom Apt on the ground floor, and a 2 bedroom duplex Apt.
Building For Sale- Investment Larnaka Town, Larnaka
ID: LAR18724
€ 5,000,000
The building is in very good condition in & out and most importantly, it is located on one of the busiest commercial avenues in the Larnaka district. Comprising of: 6 floors, Ground floor, Underground parking, Plot area: 521 m2, Underground area: 375 m2.
5 Properties - Investment Opportunity Dhekelia Road, Larnaka
ID: LAR39650
€ 670,000
All 5 of the properties are exactly the same and offer open plan living room with kitchen on the ground floor and 2 bedrooms with the family bathroom on the 2nd floor. At the front there is a small garden area and at the back a patio area.
Factory For Sale Dromolaxia, Larnaka
ID: LAR12301
€ 3,000,000
The business is located in a land 7000m2 and 5000m2 of working facilities in Dromaloxia area, which includes: main workshop, mezzanine showroom, several storages, paint room, welfare facilities and offices. All in good condition ready to work.
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nicosia | residential properties
5 Bedroom Luxury Houses
5 Bedroom Luxury Houses
Archangelos, Nicosia
ID: NIC00006
5 Beds
Dhali, Nicosia
ID: NIC00007
5 Beds
637m Covered Area 2
Price On Application
Town Center Apartments
335m2 Covered Area
Price On Application
2 Bedroom Apartments
Makarios Avenue, Nicosia
ID: NIC00008
3 Beds
Agious Omologites, Nicosia
ID: NIC00009
2 Beds
153m Covered Area 2
Price On Application
113m2 Covered Area
Price On Application
find more properties at:
buyhome.com 3 Bedroom Apartments Aglangia, Nicosia
ID: NIC00010
3 Beds 135m2 Covered Area
82
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Price On Application
featured property | ayia napa & protaras
Five Bedroom Luxury Villas Protaras, Famagusta
ID: FAM16709
5
Bedrooms
451
m2 Covered Area
750 m
2
Plot Area
€
2,150,000
Stunning 5 BDR villa situated in one of the most desirable areas in Cyprus – Protaras is a part of the luxury complex. These properties have offered Cyprus’ most discerning buyers the opportunity to invest in exceptional homes where lever interior planning and exteriors blend harmoniously into their natural environment. The house is for sale off plan and is going to be delivered to the new owner in 11 months.
7777 8800 (LOCAL CALLS)
+357 24 20 8800 (INTERNATIONAL CALLS)
buyhome.com |
83
ayia napa & protaras | houses
Sea View 4 bedrooms Mansion
Luxury 5 bedrooms Detached Villa
Cape Greko, Protaras
ID: FAM16699
4 Beds 215m Covered Area 2
€
1,950,000
Beach Front 4 bedroom Villa ID: FAM16700
4 Beds 219m Covered Area
€
“Excellent Service”
5 Beds 1100m2 Covered Area
| buyhome.com
€
1,970,000
575,000
Ayia Triada, Protaras
ID: FAM16701
3 Beds 126m2 Covered Area
€
320,000
4 bedroom Detached House Ayios Demetrios, Paralimni
ID: FAM16698
4 Beds 210m2 Covered Area
84
ID: FAM16702
3 bedroom Detached House
Ayia Triada, Protaras
2
Derynia, Protaras
€
198,000
apartments | ayia napa & protaras
2 Bedroom ground floor apartment Kapparis, Famagusta
Luxury Spa apartment ID: FAM16670
2 Beds 77m2 Covered Area
€ 150,000
€ 541,000
€ 150,000
Ayia Thekla, Famagusta
166m2 Covered Area
Ayia Thekla, Famagusta
€ 495,000
277m2 Covered Area
€ 437,000
Ayia Napa, Famagusta
ID: FAM16674
176m2 Covered Area
€ 551,000
Luxury apartment ID: FAM16669
Kapparis, Famagusta
ID: FAM16672
2 Beds
€ 1,650,000
ID: FAM16676
76m2 Covered Area
€ 135,000
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5 Beds
€ 2,500,000
64m2 Covered Area
3 Beds
5 Bedroom Spa resort villa ID: FAM16681
5 Beds 382m2 Covered Area
147m2 Covered Area
ID: FAM16675
Luxury 3 bedroom house ID: FAM16673
3 Beds
Luxury mansion Cape Greko, Famagusta
Cape Greko, Famagusta
Luxurious sea front villas ID: FAM16679
2 Beds 77m2 Covered Area
€ 270,000
3 Beds
Top floor apartment Kapparis, Famagusta
50m2 Covered Area
Ayia Thekla, Famagusta 1 Beds
3 Bedroom house ID: FAM16680
1 Beds 64m2 Covered Area
Spa Resort apartment ID: FAM16678
1 Beds
Spa resort Top floor apartment Ayia Thekla, Famagusta
Protaras, Famagusta
€ 3,178,000 buyhome.com |
85
paphos | houses
Modern Home with Sea View
Luxury Villas Konia
Tala, Paphos
ID: PAP00003
3 Beds
€
N/A Covered Area
580,000
Luxury Beachside Villa in Paphos ID: PAP000015
4 Beds 448m Covered Area
€
3,300,000
77 77 88 00 (LOCAL CALLS) +357 24 20 88 00 (INTERNATIONAL)
3 Beds
| buyhome.com
€
127m2 Covered Area
Polis Chrysochous, Paphos
500,000
ID: PAP000024
4 Beds 425m2 Covered Area
€
3,300,000
Luxury Home Near the Sea Polis Chrysochous, Paphos
ID: PAP000025
4 Beds 360m2 Covered Area
86
ID: PAP00001
Fully Renovated Townhouses
Chloraka, Paphos
2
Konia, Paphos
€
1,600,000
apartments | paphos
Apartment in Paphos Universal, Paphos
Resort Style Apartment In Paphos ID: PAP00002
1 Beds 52m2 Covered Area
€ 330,000
€ 430,000
Tombs of The Kings, Paphos
147m2 Covered Area
Konia, Paphos
88m2 Covered Area
102m2 Covered Area
€ 195,000
Universal, Paphos
ID: PAP000023
2 Beds
€ 495,000
52m2 Covered Area
€ 425,000
Luxury Apartments ID: PAP000030
2 Beds
€ 300,000
ID: PAP000013
Apartment in Paphos ID: LIM39255
Luxury Apartments ID: PAP000017
2 Beds 110m2 Covered Area
€ 185,200
3 Beds
Resort Style Apartment Kato Paphos, Paphos
84m2 Covered Area
Tombs of The Kings, Paphos 2 Beds
Renovated Maisonette ID: PAP000018
4 Beds 149m2 Covered Area
Renovated Apartments In Paphos ID: PAP000016
1 Beds
Large Resort Style Apartment Kato Paphos, Paphos
Kato Paphos, Paphos
Kato Paphos, Paphos
ID: PAP000031
3 Beds
€ 196,300
116m2 Covered Area
€ 310,000
find more properties at:
buyhome.com Luxury Apartments Kato Paphos, Paphos
Luxury Villas in Coral Bay ID: PAP000032
2 Beds 82m2 Covered Area
Coral Bay, Paphos
ID: PAP000038
3 Beds
€ 302,000
167m2 Covered Area
€ 650,000 buyhome.com |
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89
classifieds | editor’s choice
THE GARDEN Restaurant & Lounge Bar
25 101 212
Potamos Germasogias, Georgiou A48, Limassol, 4047
THE WOODMAN Fine Food and Sports 73 Georgiou A, Germasogeia, Limassol, 4047
25 879 082 woodmancyprus.com
Eclectic cuisine with a unique blend of flavours from East and West. Authentic pizza oven, custom-designed sushi bar and walk-in wine cooler and soon Shiazo steam stones, never before seen in Cyprus.
Great location, simple and cosy décor. Great beer and food menu along with a cool atmosphere have made the Woodman a longstanding staple of the city pub and sporting events life.
RED CAFÉ PIZZA ROMANA
BOTTLES Wine and Spirit
147 Christodoulou Chatzipavlou, Limassol, 3036
25 340 888
12 Panayiotis Tsangaris Str., Limassol, 4047
25 430 990 bottles.com.cy
Cosy restaurant by the waterfront of Molos, near the Limassol Marina, with an Italian chef and many products delivered specially from Italy. Adjacent are a nice playground and a municipal parking area.
Unique concept store and wholesale company, with an outstanding portfolio of international wine and spirit brands and complete range of services from creating wine menus to yacht supplies.
NATALEX House of Diamonds
YIAMY Sweets & Cakes Studio
69, Georgiou’ A, Nina Court, Germasogeia, Limassol, 4047
25 324 220
Natalex House of Diamonds offers unique design jewelry. Certified South African diamonds. Swiss watches. Operating since 1985.
90
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75 Arch. Makariou III, Mesa Geitonia, Limassol, 4003
25 722 770 yiamy.com
Located in the heart of the city, Yiamy® Studio’s Creative Director and Cake Designer introduces unique flavours and a dash of daring into her creations, that are as pleasing to the eye as to the taste buds.
editor’s choice | classifieds
PAPAS Hypermarket and Bakery 23 Panagioti Tsangari, Limassol, 4042
25 323 416
Rich assortment of food, beverages, fresh fruits and vegetables. Affiliated bakery offers a good choice of local bread and patisserie.
MALACTOS Carwash
18 Antrokleous, Mesa Geitonia, Limassol, 4000
25 723 700
State-of-the-art Malactos Car Wash, equipped with an American washing system HANNA, takes care of your car with the most specialized means, offering professional cleaning without scratches.
GOURMET Russian Corner
14 Medousis, Larnaka, 6059 | 42 Amathounos, Limassol, 4532
A & H AUTO LAND
25 760 012 cyprusautoland.com
Tselal Bagiar Street, Limassol, 3042
Looking to buy or sell Porsche, Mercedes, Audi or Volvo or have your car serviced or repaired? Here they handle everything from the basics like car wash to complete service, major or minor repairs and more.
ANDREAS PETSAS & Sons Public Ltd
All major cities, Larnaka and Pafos airports
22 456 450 petsas.com.cy
A pioneer in car rental business since 1962. With a fleet of approximately 1200 vehicles, from economy to luxury, saloon, minibuses, cabrios, 4x4 jeeps, it covers almost every demand for car hire.
24 103 293 |
25 313 112
Two prime destinations for the Russian taste foods and drinks. Outstanding choice of specialties like pelmeni, tvorog and kefir, as well as world famous brands of vodka, champagne and other spirits. Fresh international press and books in Russian both for kids and adults.
buyhome.com |
91
editor’s choice | classifieds
LA VERANDA CafĂŠ - Restaurant
9 Thasou Str, Dhekelia Road, Larnaka, 7081
24 646 777
MARZANO Italian Restaurant
Arch. Makariou III & Kalogreon, Larnaka, 6301
24 657 000 marzano.com.cy
La Veranda offers both haute cuisine and democratic international food and snacks in a very elegant setting. The playground and kids menu make it a great choice for family meals and celebrations.
Located on one of the busiest streets of town next to the seafront, Marzano Restaurant boasts a wonderful relaxed atmosphere, extensive Italian food menu and wide range of fine wines.
NIPPON Japanese Restaurant
TAIPEI TOWN Chinese Restaurant
120 Stadiou Street, Larnaka, 6020
24 400 330 nipponjapanese.com
63 Arch. Makariou III, Larnaka, 6300
24 621 399 taipeitown.com
Any mention of Japanese food in Larnaka is met with recommendation to Nippon, which is repeatedly acclaimed for its authenticity.
Sophisticated Chinese atmopshere and over 100 gourmet and traditional Chinese recipes created by Chef Kuo Chen Feng.
ZEPHYROS Beach Tavern
VOREAS Traditional Tavern
37 Piale Pasa, Larnaka
24 657 198
Opened in the mid 1970s by Petros Nicolau, Zephyros Beach Tavern is still a family business. One of the best fish taverns in Cyprus, it is the first choice for seafood lovers in Larnaka.
3 Andrea Dimitriou, Oroklini, 7040
24 647 177
Best of Greek and Cypriot cuisine prepared fresh with a twist of creativity and originality. Excellent ambiance in the quiet, local, bright and traditional courtyard.
buyhome.com |
93
classifieds | editor’s choice
VLACHOS Tavern
10 Kantaras Str., Larnaka, 7081
24 644 244
GRADA Restaurant & Tavern 5 Pedias Str., Oroklini, 7040
24 647 122
One of Larnaka’s finest local taverns, styled in a traditional simplistic way, with a vast food menu and fine selection of local wines. Cyprus meze made of up to 25 dishes is a real value for money.
One of the top places to eat in Larnaka region, that has been around for many decades. Traditional Cypriot dishes, signature recipes and top service by the owner chef and his staff.
TORINO PIZZA
LUSH Beach Bar-Resto
18 Griva Digeni, Oroklini, 7040
24 648 078 torinopizzaoroklini.com
Piale Pasha, Makenzy, Larnaka, 6028
24 658 088 lushbeachbar.com
Traditional New York style thin crust pizza pies are made fresh in house and expertly hand tossed in front of you by the pizza chef. Quick delivery and take out service.
The ideal place that fuses relaxing days and dancing-fun nights and open 7 days a week, 365 days a year where you can share with friends one of the best culinary experiences on the island.
LIVADHIOTIS City Hotel
MAKOU Coffee and Ice Cream
St. Lazarus Square, 6021 Larnaka
24 626 222 livadhiotis.com
A city hotel, with 67 newly renovated rooms, located right in the heart of Larnaka and within 2 minutes’ walk from all the main attractions, the beach, shops, bars and restaurants.
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47 Piale Pacha, Larnaka
24 400 701
Fantastic “3-in-1” experience: freshly made vaflaki and artisan Da Vinci ice cream with a delicious cup of coffee from the experienced baristas of the Coffee Berry in a charming place right on the Makou beach.
editor’s choice | classifieds
TO KAFE TIS CHRYSANTHIS 1 Ifaistou, Larnaka, 6021
24 256 262
THE POINT All Day Bar
Ermou Square, Larnaka, 6022
24 400 203
Cozy café hidden in the city centre between the Old Market and the central municipal car parking with the unique homelike atmosphere and homemade comfort food menu.
The name speaks by itself: from early morning to late night this is the place to enjoy amazing breakfast, quick business lunch or after work drink with friends. Excellent service and delightful ambiance.
GALU Seaside
FRIXOS Suites Hotel Apts
34 Mesopotamias Str, Oroklini, 7041
24 824 100 galuseaside.com
Dhekelia Road, 3 Aphrodite Str., Oroklini, 7041
24 645 200 frixoshotel.com.cy
The outstanding location right on the beach with scenic views on the Mediterranean and white-washed interior makes Galu the perfect venue for both all-day relax and events like weddings or christenings.
Located on the Larnaka Bay, just 100 m from the beautiful Yiannades beach, this family run hotel is ideal for family holidays, couples, business people and travellers who want to explore the region.
COZZIS Bar
SOF INTERIORS Furniture
Dhekelia Road, Oroklini, 7068
96 661 769
A wonderful stylish and modern bar with strong party vibes! Live music - Rock, Motown, Country and Rock’n’Roll.
17 Ivikou Str, Larnaka, 7100
24 534 755 sofinteriors.com
High quality elegant sofas, beds, armchairs and other indoor/outdoor furniture for your home or business directly from the importer. Regular stock clearance and exclusive packages for new apartment owners.
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classifieds | editor’s choice
FLAMINGO Beach Hotel
152, Piale Pasha, Larnaka, 6028
24 828 208 flamingohotelcyprus.com
KITCHENBAR Home Furniture
62 Inomenon Ethon Street, Larnaka, 6042
24 252 500
Ideal location, overlooking the Mediterranean Sea, the Salt Lake and the Larnaka bay line, make it the perfect address in Cyprus for business travelers and tourists alike.
Combining innovation and comfort, Kitchenbar Home Furniture offers a comprehensive design service, creating flawlessly crafted interiors for discerning clients.
STYLO Hair Salon
PETROUDIS Ladies Clothing Store
43 Nikolaou G. Demetriou, Marinos Court, Larnaka, 6031
24 001 999
75 Zenonos Kitieous, Larnaka, 6022
24 628 266
Creativity, professionalism and excellent customer care are at the core of the Stylo team philosophy. Stylo Hair Salon offers outstanding hair care and styling services in a homelike relaxed environment.
With its premium location just off the Finikoudes promenade and high-quality clothing from Roma and Athens, Petroudis is the address for timeless elegance and cool style from day to night.
MAVROMATIS Mobile Center - CYTA
24 400 444 30 Giannou Kranidioti (Alpha Mega Parking), Larnaka, 6045
SXIMA Hair Salon
Official CYTA Partner (pay monthly plans; mobile internet; Cytanet, Cytavision, account payments, etc). Mobile phones and fixed telephony accessories. Smartphone and tablet service center.
Established in 1983, Sxima is committed to making hair healthy and beautiful. Eco interior design and wide range of organic and luxury hair care products create unique high end salon experience.
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7 Simou Menardou Str., Larnaka, 6015
24 626 080 sximahairdressing.com
editor’s choice | classifieds
EKO Michalis Kamberis Ltd
35 Makariou III Avenue, Larnaka, 6017
24 652 743 eko.com.cy
NISSAN CYPRUS Ltd Showroom 2 Argolidos Street, Larnaka, 7101
22 418 602 nissan.com.cy
Conveniently located on the main city street, it offers products and services distributed under EKO trade mark. Car hand-wash. Multilingual staff (English, Russian, Greek).
Being an important part of one of the leading dealers in the island, the Pilakoutas Group, NISSAN Cyprus offers excellent sales service and economic and reliable solutions for your car after sales maintenance.
CAVA & NUTS
MR. BRICOLAGE DIY Store
3 Nikolaou Rossou, Larnaka, 6021
24 650 524
Arch. Makariou Macheriotou, Larnaka, 6051
24 823 938 mrbricolage.com.cy
Located in the heart of Larnaka, this traditional store offers a wide variety of Cypriot and Greek traditional pleasures of the table: wines, olive oil, nuts, herbs and spices, halloumi cheese and much more.
The store offers practical solutions for home decoration, furnishings, garden, plumbing, heating, including delivery and assistance with installations. With Mr Bricolage you can do it yourself, but not alone.
CENTRAL A.Th. Michaelides
CAVAWAY
9 Karaoli & Demetriou, Larnaka
24 620 721 athmichaelides.com
Established in 1948 with one shop in Larnaka, it has become a leader in kitchen, home, hotel ware and decorative items by offering a big variety of quality products at very good prices.
4 Dodekanisou, Livadia, Larnaka, 7060
24 818 588 cavaway.com
Retail store and warehouse with one of the widest range of wines, spirits and drinks. Exclusive selection of international and local brands. Business partnerships, bartending classes and private tasting events.
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