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Fitzgerald Estates Paphos Digest

October Fitzgerald Estates (Cyprus) www.fitzgeraldcyprus.com


Fitzgerald Estates Solomos Court 74 Apostolos Pavlou Ave Kato Paphos Cyprus 8046 Tel: +357 26 930345 Fax: + 357 26930929 e: contact@fitzgeraldcyprus.com web: www.fitzgeraldcyprus.com ©2011 Fitzgerald Estates

Why Fitzgerald's?

We aim to bring you the BEST VALUE properties in Paphos and now they are even better value... * A Safe Investment * No VAT charge to pay * Fully equipped * You can move in NOW Most of our properties either have the Title Deed issued, available or are in the final stages of Land Registry approval. Fitzgerald Estates only list properties that are safe to buy and have a full record of any encumbrances on each property.

Featured Property

Peyia prestige An opportunity to secure one of Peyia’s most appealing locations. This beautifully presented family home enjoys theatre views over the whole of Peyia valley and coastline... To find out more just quote the reference number 1198 See page 7 We continue to advertise our world class website on the famous British property website ‘Rightmove’, the Cyprus Mail, Essential Paphos magazine and the Russian magazine ‘My Island’ (Moi Ostrov) attracting sellers as well as buyers. We are seeing consolidation of prices at current realistic levels. As more people wake up to the fact that this is a wonderful opportunity to buy villas, prices will increase however prices for apartments will continue to be soft because there is a big oversupply of these types of properties.


Fitzgerald Sellers Happy Fitzgerald Marketing excels in getting results for their clients. “Since 2008, the Cyprus property market has been anything but easy so getting results for our clients has been a real challenge,” says Daryl, the face behind Fitzgerald Marketing. The Cyprus property market has entered a climate of diminished demand, attributed to the international economic downturn as well as to local factors such as the continuation of the title deeds problem, and various other property problems endemic in Cyprus. When the market is saturated with available properties and demand is low, we enter into the Buyer’s Market phase. Sellers are in the unenviable position of having to secure ‘interest’ in their property at a time when there is an abundance of properties to choose from and the call for property is low. In competition with private sellers, and to retain their market share of sales, the developers have resorted to heavy (on paper) discounting, pointing the way for buyers to negotiate down the bid price for second hand property as well. Fitzgerald’s success is based on outdistancing the competition for buyers’ attention. Our marketing plan is comprehensive and the ‘marketing mix’ continually evaluated and evolving. Firstly, Fitzgerald's have an outstanding reputation in the marketplace as a purveyor of quality ‘safe’ (with title deeds or very close to it) properties. In this period of heightened Title Deeds issues, Fitzgerald’s are proactive in helping the sellers to find the ‘truth’ behind the ‘jargon’. Secondly, Fitzgerald’s are extremely focused and have no more than 80-100 properties being marketed at any one time. Marketing is effective if it produces the desired results. Our sellers rely on us to get the message across and to do this effectively the number of properties has to be manageable to ensure every property takes the centre-stage.


Continual investment in extensive multi media advertising is coupled with in-house & international promotions, i.e. properties are routinely ‘emphasized’ and ‘featured’, etc ensuring a heightened exposure of individual property in the wider market place. Buyers come from all over the world. While the UK is still the predominant market, recently buyers from Russia, Cyprus, Germany and Australia have become contented new owners of properties marketed by Fitzgerald’s. Sellers don't pay any ‘up front’ marketing fees and Fitzgerald’s do not get paid anything unless we secure a buyer for your property. This is the guaranteed commitment to our sellers that Fitzgerald’s will spare no effort in promoting their property. Developing a wide market awareness of each property goes hand in hand with an effective global marketing strategy which, in turn, means the popularity of the Fitzgerald website ranking has to be very high.

Among all of the property companies in Paphos, including giants like Leptos, Aristo & Pafilia, Fitzgerald’s ‘Web Ranking’ fluctuates between number 1 and 3. No mean feat if you consider these companies’ marketing muscle, not to mention their substantial marketing budget. Fitzgerald’s are ‘up there’ and we mean to continue to excel. The global buyer demands expert photos, information and presentation, and our intimate knowledge of each property gives us the edge to attract and answer qualified inquiries. Our commitment translates to a high level of ‘marketing maintenance’ of each property. Hence, Fitzgerald’s work only on a 10 month sole agency basis, with a 5% marketing fee. We expect to sell your property within that time frame. Daryl has 21 years experience in the Cyprus property market and knows the market


prices of all the properties in the area. “In this difficult market, we have to be realistic with prices. Buyers are well informed and, often, have been ‘testing’ the market. Ultimately, buyers want quality properties in good locations with the Title Deeds and will pay good sensible prices that reflect a fair market price. Fitzgerald’s are very much in demand and we are actively looking for more property in Paphos, Polis and Pissouri.” When you come to see us, please bring us a copy of your Title Deeds, a stamped copy of your Sales Agreement, floor plans, passport and utility bills to our office on Apostolos Pavlos Avenue, 300 metres on the right going from the Begonia Gardens traffic lights toward Paphos Harbour. Fitzgerald’s will give you a true and honest opinion of the market value of your property. It is up to you to decide whether to market it with Fitzgerald’s. “We are optimistic and use our extensive expertise and all the value added elements at our disposal to achieve the desired outcome,” says Daryl, “however in a Buyer’s Market we must be realistic.” With our years of experience at Fitzgerald’s, we’ll also advise you on any necessary work that may need to be done to help promote buyer interest, maybe some touch-up painting, or a bit of de-cluttering – just the little things that make all the difference and enhance your property ready for sale. We are able to provide assistance with legal or financial questions though our panel of lawyers and accountants who deliver a quick and professional service. Fitzgerald’s have marketed and sold more properties this year than any previous year, a testimony that what we do works. The sellers are happy because their properties receive the market attention they deserve and with Fitzgerald’s excellent success rate more people can realize their dream and happily move on. If you would like to market your property with Fitzgerald's please make an appointment to see us on 26930345 or contact@fitzgeraldcyprus.com. Fitzgerald's are open 9am to 5.30pm 6 days a week. We look forward to receiving your call.


A welcoming spike in tourist arrivals in August An overall increase in UK and Russian tourist arrivals during the height of this summer provided a welcome boost to the local economy. The figures ending August 2011 recorded the biggest hike in arrivals with 12.2% increase, translating to a positive 1.66 million tourists in the eight month from a 1.48 million during the same period last year. August showed the biggest arrival spike of 10.8% vis-a vis arrivals in August 2010. The surge was led by 4.9% increase in arrivals from UK (the largest market share segment), followed by 36.3% increase in arrivals from Russia and 25.8% increase in arrival figures Greece. The arrivals were not as promising from Austria which recorded a 39.8% drop followed by 29.1% decrease in arrivals from Israel. The tourist industry is confident that the overall figure for the 2011 will be in a positive territory with projected 10% increase in arrivals for the year. The corresponding tourism related income for the year is expected to reach â‚Ź1.8 billion. Income from tourism accounts for nearly 12% of Cyprus gross domestic product. The Fitzgerald Office Being a family business we have one office centrally situated in Kato paphos close to and in walking distance of both the Harbour and the Tomb of the kings Road. The office hours are from 9am to 5.30pm 6 days a week with no break for lunch. So if you are working and only have your lunch break to come and see us, you are welcome! If you have a property of any kind to sell in the Paphos area with Title Deeds in your name please come and see us, we are always looking for new properties to market.


Featured Property

Peyia Prestige A rare opportunity to secure one of Peyia’s most appealing and privileged locations. This beautifully presented, character- filled, family home is set on a stunning elevated plot of 725sqm and enjoys theatre views over the whole of Peyia valley and a vast expanse of coastline. Here the best Mediterranean lifestyle can be yours..today.Custom designed for people of substance and discerning taste, this executive home is set amidst a beautifully landscaped and wonderfully colourful garden. The sparkling pool, garden terraces, inviting entertainment and leisure areas‌.offer a perfect hideaway well suited to family living or largescale entertaining.The interior reaches new heights of intelligent design & luxurious simplicity. Four bedrooms (all with en-suites), 2 living rooms, a huge kitchen and throughout, wall to wall bi-fold doors which offer a seamless flow of space mingling the indoor-outdoor lifestyle with ease. Richly coloured natural slate flooring (imported from UK) mirrors the colourful vibrancy of your garden whilst permeating the interior with gentle hues and warmth which give your home a rustic robust feel, meeting the challenges of the extended family. Everything about this home is free-flowing and spacious. Overly generous the well


equipped kitchen is strategically located to serve a huge covered dining terrace to the side, and the picturesque pool-side terrace against the backdrop of neatly trimmed evergreen shrubs and towering palms. The centrally positioned expansive living room is the epitome of family comfort. The vast expanse of bi-fold doors connect the pool, and from every corner enables you to savour the spectacular panoramic vista to the sea. Mediterranean bliss at its best. Upstairs, the second family living room features a built-in fireplace and is complemented by two entertainer balconies, one of which is a vast al-fresco dining area. Four impressive bedroom suites occupy the east wing of this imposing home with two bedrooms downstairs and two on the upper level. Each opens seamlessly to private balconies or terraces capturing those stunning views‌ This idyllic home is imaginative and original‌ it is both a private family retreat and a perfect venue for entertainment on a grand scale. Reference: 1198 Skating Rink in Paphos Amid pomp and ceremony a permanent skating rink has opened in Paphos. The Paphos Mayor Mr Savvas Vergas was on hand to lend support for the venture and praised the projects positive impact on the local community. The opening of a permanent rink follows closely on the success of the temporary rink laid out for Christmas last year and winter wonderland received overwhelming local enthusiasm for the sport. The 150sqm rink is located on Ayios Apostolos Avenue in the centre of Paphos in the venue known locally as the Carob Mill. The imposing stone buildings feature a


series of magnificent solid stone domed ceilings where the processing of carob harvests from surrounding areas once took place. The buildings stood empty and forlorn for many years until a decade ago when the indoor bowling alley opened in one part of the building, much to our (citizens) delight that the old buildings will be preserved and no new ’improved’ structures will replace them. The ice skating rink is indeed a welcomed addition to the city’s landscape and the Carob Mill venue is ideal. The growing popularity of the sport in Paphos is heartening. Capturing the children’s enthusiasm for the sport is important but, no doubt, it will inspire many adults to don their skates too. In the process, the survival of these magnificent old buildings is assured. The rink caters for the figure skating discipline as well as bob skating (skate hire at €4 and €2 respectively). Entry is €4 per 1 hour time slot and the rink is open Wed, Fri from 3 to 9pm and Sat, Sun between 11am to 11pm. For more information call 26 955 868 Spotlight on Tala Village The village of Tala is 8km to the north of Paphos, 4km to the north of Emba, with the monastery, Agios Neofytos close by. Set in the hills of Paphos its altitude ranges from 150m to 600m, with an average of 280m. Tala’s unique hilly environment offers uninterrupted views to the sea and the village has taken many initiatives to develop its housing in many ' sub villages' notably Kamares and Stephanie Villages. In the census of 2001 the permanent inhabitants of Tala, including Kamares & Stephanie, totalled 2540. Tala receives an average annual rainfall of about 520mm allowing it to grow winemaking and table grapes, citrus fruits (orange, lemon trees), mosfili, olive, almond, walnut, cereals, forage plants, vegetables and bananas. The village is placed in the area of the underground water stratum of Paphos. Quite a few bore-holes have been drilled in the region, contributing to the irrigation of considerable areas of farm land. Tala is also included among the villages that have benefited from the irrigation project of Paphos with the irrigation of a range of 40 acres of land by the Asprokremmos dam. The village is not mentioned in mediaeval sources, however its name is considered to originate from the Frankish era, from the surname of a large and wealthy family,


that of the D’Avila family. This family is mentioned as “Tavila” by the Cypriot mediaeval chronographers and this gave the village its name. Sources do not mention Tala as belonging to the D’Avila family, but it is probable that some family members were large land owners in the district -- such as Francesco D’Avila a rich nobleman in Cyprus, or Peter D’Avila who in 1473 became Lord Chamberlain of Cyprus, or even Anthony D’Avila who served as Governor of Paphos. An important mediaeval monument of the village is the church of Agia Ekaterini (St. Catherine) of the 15th/16th century. Besides the village stands the monastery of Agios Neofytos, which certainly had a significant influence on many aspects of village life. Concerning Agios Neofytos (indeed a whole page could be attributed to this Saint) it is said that when he returned from Palestine he brought with him a tree that can not be found anywhere else in the entire island and even the whole of the Middle East. The tree's name is Kapnismata (latin name being Liquidambar Styraciflua, but literally meaning 'smoke' or 'incense'), it does not surpass a height of 10m, it excretes a resin that can be burned as an incence (as opposed to frankincense). A uniqueness surrounds these trees as despite efforts to the contrary they can not be successfully grown outside of the Stephanou region of Tala. South of the village there are also indications for the existence of an archaeological area from the Prehistoric times.


Russian School in Paphos Opening of the new school year was traditionally held on the 1st of September. At the beginning of the school year Pavel Pavlov Stoevich, the Principal of Russian

School in Paphos, said: "When we first started the school we were not sure at all about the results. But it is very nice when we get phone calls from Moscow and St. Petersburg from our graduates saying how grateful they are." This year the Russian school of Paphos is celebrating its 13th anniversary. And here are the results: Russian School graduates study and work in different spheres in Cyprus and Russia. For a child to be enrolled to Russian School in Paphos one will need: Copy of Birth Certificate Personal File Application from parents Pupils wear inform at school. All the necessary books and literature can be obtained in the school. The classrooms are fully equipped: audio & video facilities, educational films, modern computer lab. Apart from the basics of learning program the school arranges different tours around the town and island, holidays, competitions, etc. The educational system of Russian School in Paphos is as follows:


Stage 1 (grade 1-3): Primary General Education. This stage ensures development of primary education, development of reading and writing skills, culture of behaviour and speech. Stage 2 (grades 5 - 9): Basic General Secondary Education. This stage provides programs of basic education, development of social selfconfidence, formation of pupils’ personality, their interests and abilities. Stage 3 (grades 10 – 11): Secondary (Complete) General Education. This is the final stage of the general educational program, providing development of cognitive skills, creativity, etc. The educational material fully corresponds to that in Russia. Educational Stages 2 and 3 are completed by State Exams held by the board of examiners in Russian Embassy School in the Republic of Cyprus and issues Certificate of Russian Federation. The Russian School of Paphos provides summer school activities. Children can take part in a range of activities under the supervision of qualified teaching staff. Children will have an intensive English Course at all stages of education. Hopes for Natural Gas find Drilling for natural gas off the southern coast of Cyprus has begun which means the country will, in about 2 months time, get a concrete picture of how rich its resources are. Cyprus has signed a production-sharing contract with Houston-based Noble Energy. The company has a concession to explore for hydrocarbons in an offshore field in its Exclusive Economic Zone (EEZ) south-east of Cyprus, known as Block 12. The government will then proceed with a second round of licensing for other blocks in the region. Exploratory drilling will last two months, the results of which will give Cyprus a very clear account of the level of hydrocarbon reserves in that field. Should Noble Energy strike gold in Cypriot waters, a pipeline would need to be built to bring the fuel ashore in its raw, gaseous form. So fingers crossed and maybe soon we’ll all be wearing “Dallas-style” stetsons!!!


Dog Beaches A Reality Dogs will finally be able to run free along the sand and swim in the sea now that five beaches island wide have been declared dog beaches, following a recent decision by the Cyprus Tourism Organisation’s (CTO) beaches committee to finally implement the law. A law was passed in 2003 mandating that each coastal area should have a special strip of coast for dogs but Cyprus has fallen way behind in implementing it because of opposition from local authorities. The areas designated as dog beaches are the Louma area in Famagusta, Softades in Larnaca, Tsierkezou in Limassol, Achelia in Paphos and Mansoura in Kato Pyrgos. The beaches have an expiry date of up until January 1, 2014, just in case they do not do well. The status of the beaches will be reviewed in December 2013 when an extension will be issued if the project has been successful. Each beach will have a parking area, bins for dog waste, toilets for dog owners as well as clear sign posting as to where the beach begins and ends. Future plans for the beaches include kiosks and an opportunity to sign up to become a member so only members will be able to use the beach. However, with the freedom to roam come rules that owners must obey such as picking up their dog’s waste and putting it in the specially provided dustbins. If they do not they can be banned for 720 days. Owners are expected to carry their own equipment to clean up after their dog. The Green Party congratulated the decision made by the beaches committee to finally implement the law considering it their own achievement too as they also proposed the idea. In Paphos, the stretch of beach designated for dog bathing and use is close to Achelia. To reach the beach, drivers east of Achelia travel though the village towards Paphos and take the left-hand turn immediately before the bridge on the outskirts. Coming from the direction of Paphos, the turning is the first right after the bridge at the entrance to Achelia. The road to the beach is 2.7 kms long, travels through agricultural land and is covered in tarmac for a short distance before turning into a gravel road. The dog beach is at the end of the road about 800 metres from Paphos airport runway.


"The beaches have been selected because they are not in the vicinity of beaches for people. Also, there are located in such a way that dominant currents and winds move towards the dog beaches so that there is little chance of waters which dogs have bathed in flowing toward beaches where people swim," committee member Glafcos Kariolou said. Dogs which use the beaches need to have up to date medical care, all of their shots and registration certificates. Owners who take dogs without these criteria to the beach are breaking the law. Future plans include the CTO providing funds to help establish small portable kiosks to sell provisions for dogs and their owners. "It is also important that the beaches are all properly signed so that people know where the dog areas start and finish and that there are shower facilities for the dogs. We are willing to provide assistance with this too," Kariolou said. There are no signs to the beach at present. Drivers of small cars are warned that the road is rough in some patches but not impassable.

What's On with Jezebel Live events certainly haven’t shown any signs of slowing for the winter yet. You’ve still time to catch the tours of award-winning comedy ‘Sex Chips & Ouzo’ ( Ancient Odeon Kato Pafos 8pm Saturday 1st and Pissouri Amphitheatre 8pm Sunday 2nd; end of tour party on board Wavedancer yacht 6pm Monday 3rd: for all three call 99908434) and the much talked about RatPack - catch the cancer charity show at Tala Amphitheatre on Sunday 2nd: 26653132 There’s free live music outside Trimithousa’s big church at 6pm on Saturday 1st, too, and Matthew Edmondson heads up a charity event in Stroumi’s from 7pm: 99613795 Stage One Theatre in Emba present Alan Ayckborn’s Round and Round the Garden from 4th - 8th at 7.30pm boxoffice@stageonetheatre.com or 99967737 Matthew Edmonson World Palliative Care Day brings us on Sunday 9th October a massive charity Football event at Peiga Stadium which will include Jezebel singing football anthems. 99345495. Other charity events include Indian band ISHQ 1.30pm Wednesday 12th at Prastio


village with proceeds to blind children and orphans in India www.kyp.artsoundvision.com. Bosom Buddies with Jackie Matthews, Louise Vreony & Melanie Ballard 7.30pm on Saturday 15th at Angelica Restaurant, Tombs Road Xlorakas for local cancer charities €17.50 inc dinner 99389073 and Tiziana Sojat, Lenia Kallis, Martin Toal and Craig Owen at a Sunflower Breast Cancer charity Gala Dinner at Aphrodite Hills Hotel 7.30 for 8pm Saturday 22nd - €64.50 includes gourmet meal & wine 99553933 Kaela Santosh does her Tina Turner Thang at the Frog and Toad pub in Coral Bay 9pm on Friday 14th, whilst the Cyprus Symphony Orchestra present Brahms 8.30pm at the Markedion Theatre in town €12, concessions €7 www.cyso.org.cy 22463144 Saturday 29th October brings a unique one-off show at Stage One Theatre bringing a selection of Andrew Kaela Santosh Lloyd Webber songs from Jezebel and Matthew Edmondson, including a mini production of Tell me On A Sunday. Curtain up 7.30pm, tickets cost €10 which will be split between four local charities boxoffice@stageonetheatre.com Before it gets too cold do spend a Tuesday evening with the TOTT Showteam on board their Open Top Bus - €45 includes dinner, drinks, Broadway show on beach at sunset & transfers 99459445 For full details of live music events see the listings page at www.groovejetmedia.com and tune in to Jezebel on Friday and Saturday mornings on Rock FM 98.5FM (106.7 in Polis) www.rockfm985.com for the latest in entertainment news.

Fitzgerald Estates Paphos Digest  

October issue - Monthly digest from Fitzgerald Estates, Paphos, Cyprus. Specialist's in property re-sales in the Paphos region of Cypros. Mo...

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