| CYPRUS El ysium Apartments |
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Why C yprus?• Property prices in Cyprus are predicted to rise 12–15% in 2008. • Cyprus is a one of Europe’s favourite holiday locations, with an excellent year-round climate. • EU membership has brought stability. • Cyprus offers many tax advantages over many other locations, particularly for retirees and corporations. • The legal system in Cyprus is based on English common law, so the process of buying property will be familiar and straightforward. • The price of a property in Cyprus is likely to be significantly lower than the equivalent in Portugal, Spain and France. • Advanced infrastructure in the areas of established tourist regions in the west. • Excellent road links across the island, along with major new motorway links to the capital. • Outstanding beaches and spectacular scenery, particularly around Paphos and Protaras. • Excellent shopping, leisure and entertainment facilities in the cities and tourist resorts. • The capital, Nicosia, is the busy, commercial centre of the island and home to a number of universities. Why Peyia?• A rise in VAT on the price of land will bring upward pressure on property prices in this area. Peyia is already one of the most expensive villages in Cyprus. • Elysium Apartments is located in an upmarket resort, just three kilometres, or a five-minute drive away from Coral Bay and the planned marina, which will be the largest marina in Cyprus. • Idyllic seafront setting, with excellent local amenities, including shops, restaurants, beach bars and water sports. • Peyia is well situated for exploring the western side of Cyprus. It offers easy access to the Akamas peninsula, with its spectacular landscapes, deserted sandy beaches and conservation projects. • An area of historic importance containing two ancient Christian basilicas and Roman tombs carved into the cliffs around the coastline. • Peyia is a resort village, popular with expats. • The whitewashed village lies on the rugged hills, which act as a backdrop to the most photogenic stretch of coastline in Cyprus. • Peyia is regarded as an excellent alternative to the hustle and bustle of Paphos. • Peyia’s close proximity to Coral Bay has been attracting increasing interest from property developers. Why El ysium Apartments?• Up to 20% below market value. • Interest-free staged payments with mortgages up front. • Elysium Apartments enjoys a higher spec than anything else on the local market, at a lower price than comparable developments. • Price growth, of up to 15%, expected in the new year. • Elysium Apartments is located in one of the most expensive coastal locations in Cyprus. • The development is in an idyllic location, close to the Coral Bay Marina, which will be the largest Prices and Availability Enquiry
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