Unique hilltop position – this superior 3 level villa has breathtaking panoramic views to the sea from all rooms. The villa features a floor plan to take full advantage of the descending slope. The street entry is to the uppermost level of the villa which features bright, elegantly appointed entry foyer with a generously sized bedroom either side of the foyer (one is used as a study). These two rooms would make ideal consulting rooms for a professional!
Marble stairs lead to the mid-level where we have expansive archways opening to a vast lounge-sitting room. Surrounded by windows and with patio doors leading to brilliant covered balcony, the living room is a positive lifestyle treasure. You’ll love the luxury of space and your bird’s eye view of the whole of Peyia Valley and the entire coastline. To the side of the living room, a smaller archway leads to a separate dining room which, in effect, is an open plan dining room - kitchen area.
Last week saw our temperature climbing to 42 degrees and everyone, tourists and locals alike, inevitably were heading for the beach. The latest statistics show that in May tourist arrivals totaled 293,181 compared with 276,244 in the corresponding period of 2013, an increase of 6.1%. Importantly, from the property market perspective, May saw an increase of 2.4 per cent in arrivals from the UK and a 15.2 per cent increase from Russia. The statistics are important as both national segments account for a major slice of Cyprus properties sold to foreigners.
Certainly at Fitzgerald’s these two groups represent almost 90% of property inquiries and in May we have had a total of 149 accompanied viewings. Interestingly, the Russians accounted for 21% of viewings and the British, 68%. With less than 100 properties on our books, this is a tremendous achievement, for us as real estate company and particularly so, for the owners who have entrusted us with their property.
Arcadia Village is a landmark residential waterfront development where natural materials, elegant interiors and continuous space flowing from indoor to outdoor living areas, all feature. Rarely will you find a property with such convenience and so much potential as is this wonderful penthouse in a quiet cull-de-sac on the Chloraka seafront.
Your block features 3 apartments only and overlooks the expansive communal pool which extends to the very edge of the sea. The penthouse spans across the whole of the top floor and enjoys stunning panoramic views.
Undoubtedly one of Peyia’s finest residences with 300 sq.m of classic beauty - set in the hills above Peyia, the location offers uninterrupted views of the meandering coastline from Paphos to Agios Georgios and beyond. Built on a gentle hills with 1700 sq.m plot, the views are forever yours!
Approach to the villa is from a secluded cul-de sac with a gated entry and driveway with 2 car open garage. Double polished oak doors open to a welcoming reception showing a colonial Chinese theme. The unhurried interior flows to a large open passage past the large study/bedroom, past an expansive archway which shows off the ‘sunken’ sitting room, and continues on to the kitchen – dining area which occupies the entire west wing of your home.
Cyprus property market is going through a transformation. Cyprus property transactions are on the up showing 20% increase in the first quarter 2014 but without any notable recovery in price levels. The statistical data released by the Land & Survey Department in April showed surprising results. In Cyprus, we are used to see number of property sales to foreigners literally dwarfing sales to Cypriots. However, according to the latest statistics, a massive 70% of the total property sales in Cyprus have been registered in favour of the local clients!
Are Cypriot buyers becoming more risk averse, lost faith in their government and decided that investment in bricks and mortar represent the only secure investment?
In 2017 Paphos is announced as the Cultural Capital of Europe and this is the most outstanding moment in Paphos Modern history.
Paphos will host a very important tourism conference in December which has attracted more than a thousand participants and Tour Operators.