Cyprus Paphos Property Buying In The Top Location

by Kevinor Moore - Date: 2007-01-05 - Word Count: 520 Share This!

Cyprus property is a great investment and buying in a top location such as Paphos makes it an even better proposition still. The old adage "location, location, location applies to property wherever you buy and Paphos is a prime location for Cyprus property of all kinds. The town itself is steeped in a rich cultural history and there are archeological sites in the area dating back to before the roman empire. Everything from tombs and ancient mosaic floors to a genuine medieval fort right on the harbor front. The pretty harbor is lined with intimate cafe' bars and superb restaurants where you can dine whilst looking out over the clear blue Mediterranean Ocean.

The town is actually two distinct towns or areas. Paphos town and Kato Paphos or upper and lower paphos as they are known. The old town being the upper whilst the newer resort area is known as Kato Paphos. There are lots of shops, plenty of supermarkets and the capital city of Nicosia with all the major stores is only a short drive away. A few kilometers along the coast is the beautiful resort of Coral Bay with it's long sandy beach and lively strip. There is major development going on all over the area and property prices are already amongst the highest in Cyprus. The good news for the would be Cyprus property investor is that prices look set to increase for some time to come.

The resort of Paphos has over the last few years gained an "all year" status and most of the business now remaim open throughout the winter whilst the rest of Cyprus hibernates from around October to March. This is great news again for Paphos property owners who are now able to tap into a year round property rental market. Paphos is also the top location for many other good reasons not least it's proximity to the Islands major airport and coastal motorway network. The rest of this beautiful Island is easily accessible and airport transfer times are negligible.

If you are still not convinced that Paphos is the best location for Cyprus property wait up because there is an ace in the pack. Cyprus golf property! Wherever you have golf you have a demand for holiday property and Paphos is the golfing center of Cyprus with the best facilities on the Island just outside the town. With the potent mixture of golf, sun and sea it is little wonder that property prices in the area continue to rise faster than anywhere else in Cyprus.

So there will never be a better time to invest in property in Cyprus especially in the Paphos area. If you are seriously considering buying an apartment or villa in Cyprus you would do well to make the move sooner rather than later. You probably need no reminder of what has happened in Spain where many would be property owners hesitated and lost out. Remember they do say that "he who hesitates is lost" and the current Cyprus property boom could make you a winner or a loser in the real estate race so now is the time to act.

Related Tags: cyprus, cyprus property, paphos property, property in cyprus, paphos, nichosia, cyprus golf property

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