Investing in Cyprus

Award winning investments

For the past 5 years, and increasingly so since becoming a full EU member on 1st May 2004, the Mediterranean island of Cyprus has been experiencing high levels of international demand for residential property.

Advantages: Investing in Cyprus

� EU Member since 01.04.2004
� Excellent modern infrastructure with 2 international airports
� Modern banking sector with property lending facilities
� Cypriot law based on British system
� Dual Taxation Treaty with UK
� Legal vehicles for property purchase
� Low transaction costs on property purchase
� Clear ownership rights via land registry
� Cypriot economy amongst fastest growing of EU in 2005
� 90 % of the population speak English
� Drive on the left

Investing for capital growth

If you are primarily interested in capital appreciation over immediate income, and you intend to sell your property to realise the gain quickly, investing in a well located, quality off-plan property is clearly key to your strategy. Additionally, if you have Cypriot tax residence, there are capital gains tax breaks, offering CYP 10,000 tax free per person, rising to CYP 50,000 if the property is used as your main residence.

Advantages: Investing in Pafilia property

Pafilia Property Developers is a leading and long-established Cypriot developer offering freehold property for sale in scenic south western Cyprus. The company has established over 15 offices both on the island and across Europe. In the UK alone Pafilia has regional offices in London, Northampton and Scotland.

The cornerstone of every property investment, whether at home or abroad, is ensuring structural quality, compliance with building regulations, and a good standard of interior finishes. When investing in property off-plan, ensuring the financial stability and reliability of your developer plays an equally key role in maximising your investment returns and reducing your risk.

Making a solid investment with Pafilia!

� Long-established family business since 1977
� Largest privately owned developer in Cyprus
� Internationally award-winning Cypriot developer
� Guaranteed title deeds
� Large freehold property portfolio
� Widest range of residential property types
� Well-designed properties
� Structural guarantees
� Over 25 superb locations
� Off-plan residential property investments for above-average capital appreciation
� Managed investments for income
� Easy financing terms with special deals for investors
� Comprehensive property services
� Experienced professional staff
� 95% of sales to British
� The complete property solution in Cyprus

Advantages: Purchasing Pafilia off-plan

Historically, the rates of capital appreciation our clients have enjoyed have been around 20%-30% from launch to completion, over a period of 18 to 24 months. By any standards, this exceeds average market returns. For a reservation fee of GBP 1,000 - GBP 3,000 and a minimum investment of GBP 15,000 (25% deposit on the purchase price) payable within 30 days, investors can take advantage of the excellent capital appreciation Pafilia's properties enjoy to completion and beyond.

Pafilia additionally offers our clients interest-free stage payments staggered from the date of your purchase to the delivery date or for investors, even no payment until delivery and we make every effort to be as flexible as possible with these to cater for individual client needs.

Pafilia properties are designed by our experienced architects, ensuring unique design features that really set our homes apart from the crowd. This is an important consideration both for attracting rental clients, as well as any future purchasers when you come to sell the property and cash in on your investment.