Why Properties in Paphos Are on The Rise

On the southwest coast of the Mediterranean island of Cyprus is the city of Paphos. It is the district’s county seat and is located about 80 kilometers (50 miles) west of Nicosia, the country’s capital. Popular tourist destination Paphos is renowned for its rich history, historical sites, magnificent beaches, and breathtaking natural beauty.

Paphos is well-known for its exciting nightlife, delectable local food, outdoor activities, including hiking, cycling, water sports, and historical and cultural landmarks. The Akamas Peninsula National Park, the Tombs of the Kings, the Aphrodite Rock, and the Paphos Archaeological Park are a few of the main tourist destinations in Paphos. The “Paphos Wine Festival”, “Paphos Aphrodite Festival”, and “Paphos Street Festival” are just a few of the festivals and activities that take place year-round in Paphos.

Despite the pandemic, or perhaps because of it, people are increasingly considering moving to a seaside location where they can enjoy a more laid-back lifestyle. Whilst many countries have a coastline, one of the most popular in Cyprus in the Mediterranean. Not only is it in Europe but it also offers all the advantages of a growth economy with the benefits of the laidback Mediterranean culture. You can learn more about the type of property for sale in Paphos, one of the main coastal towns by browsing through the selection of villas, townhouses, and apartments.

Why Cyprus?

  • Ease of residency and citizenship processes
  • A growth economy that’s part of Europe

As a country, Cyprus is very welcoming and most people speak English even though the main languages are their version of Greek and Turkish. Furthermore, it offers one of the easiest processes for people to apply for residency and citizenship so giving them access to Europe. The fast track involves investing 300,00 euros but you can also wait 7 years. Either way, it’s a great way to get your foot into Europe, a continent rich in culture and history.

Overall, Cyprus is a growing economy with good infrastructure, and that generally works well. In fact, many entrepreneurs settle here simply because they have everything they need from legal to banking and accounting services. Furthermore, medical care is of high standards and easily accessible for residents.

Russia’s investors, who up until 2020 were the top buyers of houses in Limassol and Paphos, are being affected by sanctions – as the Ukraine conflict rages and there is still a global economic crisis.

Esme Palas, a partner at Michael Kyprianou and Co LLC Paphos, and a barrister at law, claimed in an interview with the “Financial Mirror” that there are now significantly more foreigners trying to purchase real estate in the area. She claimed that the UK expatriates looking for a retirement community, Israelis, and Germans looking to for a place move or relocate mostly drove the surge in demand.

“In Paphos, sales are soaring. The market is fast expanding as more foreigners are looking for homes on the island, which is the most traffic we have seen in recent years”, according to Palas. “The surge ‘definitely will be helping Paphos’ real estate sector in 2022,’ though it may be too soon to say how long it will endure”.

“Since the termination of the citizenship investment program, which also marked the beginning of a two-year period of inactivity owing to COVID restrictions, this is the biggest movement we have witnessed in the local market”, she continued.

Why Property for Sale in Paphos is on the Rise

  • Calmer lifestyle than Limassol
  • Historic charm
  • Benefits of a villa with a sea view
  • Easy access by transport
  • Fun nightlife
  • Surrounded by stunning villages
  • Schools and amenities
  • Access to outdoor sport

Lifestyle

Lifestyle

There are in fact several towns in Cyprus to choose from, including Nicosia, Limassol, Larnaca, Famagusta, Kyrenia, and Paphos. In the last few years though, Paphos has gained in popularity because it’s an easy commute from Limassol which is a larger city where most people tend to work. Paphos still offers a nice buzz but it’s not quite as chaotic as Limassol. This is all relative of course because we’re comparing a population of about 35 thousand in Paphos with that of Limassol at around 100 thousand or so. This is a far cry from some of the large metropolitan areas of the world with numbers in the millions.

The lifestyle you can lead in Cyprus is excellent thanks to its wonderful climate for up to nine months out of the year, the relaxed way of life of the locals, the delicious and healthy Mediterranean food, and the stunning coastline and beaches, all of which enhance the quality and enjoyment of daily life.

The overall way of life in Paphos is one of leisure and relaxation, emphasising using the outdoors, interacting with friends and family, and appreciating the regional cuisine and culture. Outdoor recreation is widespread in Paphos thanks to the Mediterranean temperature and stunning scenery; both locals and tourists frequently go hiking, swimming, biking, and engaging in other outdoor sports.

Several foreigners from various nations reside in the vicinity, making up the city’s vibrant and diversified ex-pat community. This can give locals who are new to the area a sense of camaraderie and support, which helps ease the transition to living in Paphos.

Historic Charm

Paphos District is a UNESCO heritage site and you’ll see remains of Ancient Greece dotted around the town center and the surrounding villages. There are specific archaeological sites that you can of course visit including the Kings of Tombs as well as stunning natural sites such as the sea caves or Coral Bay. You can even search for property for sale in Paphos overlooking the sea caves in the stunning village, Peyia.

In addition, the following are some of the famous landmark of Paphos:

  • Akamas Peninsula National Park: A protected area with 230 square kilometers of nature featuring pristine beaches, rocky cliffs, and rolling hills, it is known as the Akamas Peninsula National Park and is situated on Cyprus’ westernmost tip. Hiking routes, wildlife viewing, and swimming in secluded coves and bays are all accessible for visitors to enjoy when exploring the park on foot, by mountain bike, or by boat.
  • The Tombs of the Kings: On the outskirts of Paphos, there is a complex of ancient tombs called The Tombs of the Kings, which is a UNESCO World Heritage Site. The tombs, which date to the 4th century BC, are made of solid rock and have elaborate ornamentation and adornment. Visitors can admire the old engineering and artistic talent as they tour the site.
  • Aphrodite Rock: On Cyprus’ southwest coast, there is a beautiful rock structure called Aphrodite Rock, also known as Petra tou Romiou. The goddess Aphrodite supposedly sprang from the sea here in Greek mythology. Views of the coastline and the glistening Mediterranean Sea may be seen in all directions.
  • Paphos Archaeological Park: This area of the city is home to a significant number of ancient monuments and ruins that date to the Hellenistic and Roman eras. The House of Dionysus, the Agora, which was once a lively market place, and the spectacular amphitheater are among the park’s highlights. Wandering around the remains, visitors can take in the astounding engineering and artistic talent of the ancient.

These are all well-liked tourist and local landmarks that give visitors and locals alike a peek at Paphos’ rich history and stunning natural surroundings. 

Paphos Festivals

In addition to having beautiful beaches and bright days, Cyprus is renowned for being one of the oldest nations in the world. The city of Paphos (Pafos) is no exception and organizes exhibitions of all kinds with great fervor and emotion in addition to celebrating important events and festivals.

Numerous religious celebrations, including the following, are held in this historic city:

  1. The Paphos Wine Festival is one of the most well-liked festivals in the area, and it usually takes place in late August or early September. Visitors can enjoy a vast selection of locally produced wines at the event, which honors the region’s long history of winemaking. Locals and visitors enjoy the joyful atmosphere, including live music, dancing, and traditional Cyprus delicacies.
  2. The Paphos Aphrodite Festival is a further significant cultural occasion that occurs every September during the summer, typically in the magnificent setting of the Paphos Medieval Castle. The festival, which honors opera, draws both domestic and foreign performers. Opera fans should attend this event, which has featured operas by Mozart, Verdi, and Puccini in the past.
  3. The Paphos Street Festival is a lively celebration of the city’s history and culture that begins in early October. The city’s streets are crowded with music, dancing, and other acts throughout the festival, as well as food and craft merchants selling authentic Cyprus goods. The festival is a fantastic event for families to visit and offers a great chance to discover Paphos’ own charm and personality.

These celebrations serve as symbols of the city’s rich history.

Coastline

Many people dream of living by the sea. It’s actually been shown to help improve your health. You get to breathe in fresh air full of iodine, salt, and magnesium which is great for the immune system. Furthermore, you’re more likely to get your daily dose of vitamin D from the sun. Not only does Paphos provide all this but you’ll also benefit from the Mediterranean sea which is very safe. It’s highly unlikely you’ll ever see sharks or rip currents in this part of the sea.

If you like having quick access to gorgeous beaches, stunning vistas, water sports and activities, fresh seafood, and a range of tourist services, living on the coast in Paphos can be a delightful experience. Swimming, tanning, and water sports are all conveniently available at the gorgeous Mediterranean Sea beaches that are just steps from your home. Watching the dawn and sunset over the lake is a tranquil and serene experience that might improve your mood. 

Being near the seaside also provides quick access to the freshest seafood, and there are numerous tiki bars and restaurants that offers traditional Cypriot food. Living by the shore makes it simple to access amenities like stores, cafes, and bars, which makes daily life more convenient and adds to the area’s vibrancy and excitement. Paphos is a well-liked tourist destination. Many individuals believe that living on the seaside in Paphos is worth it despite any potential disadvantages, such as higher property prices and more exposure to the weather.

Transport

Paphos actually has one of the 4 international airports just outside town. You can also expect an easy bus route as well as friendly cab drivers. It’s worth bearing in mind the main transport routes when looking for property for sale in Paphos.

The public transportation in Paphos is generally good and provides a variety of routes for moving about the city and the surrounding area. Additional intercity bus services are available, and the local bus network is frequent and reasonably priced. Although more expensive than buses, taxis are widely accessible and might be helpful for shorter trips or when traveling with luggage. 

Several car rental businesses are available, and many visitors to Paphos rent cars to explore the city and its surroundings at their own pace. Paphos has designated walking and bicycle routes, making them fantastic options for getting around. While there may be less public transit available than in bigger towns, there are still many ways to travel around the area, enabling tourists to enjoy everything this stunning location offers.

Nightlife

Whilst Paphos is smaller and calmer than Limassol, you still have a wide range of great restaurants, bars, and even a few nightclubs to choose from. You definitely won’t get bored and if you’re worried about the crazy party people then you can also view property for sale just outside town with easy walking distance.

With a wide selection of pubs, nightclubs, and diners that serve both locals and visitors, Paphos boasts a thriving nighttime culture. The heart of Kato Paphos, close to the seashore and harbor, is where you’ll find a lot of the city’s nightlife options.

There are lots of bars and pubs where you may get a large selection of alcoholic drinks, including domestic and foreign beers, wines, and spirits. The Old Fishing Shack, The Lodge, and Craft Bar are some of Paphos’ well-liked pubs renowned for their fun atmospheres and regular events.

In addition to bars, Paphos boasts a number of nightclubs that provide dancing and entertainment till the wee hours of the morning. The Summer Club, Club 7, and Castle Club are among of Paphos’ most well-liked nightclubs, and all three are renowned for their upbeat atmospheres and music.

It should be noted that while drinking alcohol is legal in Cyprus, it is not permitted to do so in public areas like streets, parks, or beaches. Yet, you can legally consume alcoholic beverages in a number of authorized pubs and eateries. In general, Paphos provides a vibrant and diverse nightlife scene with a wide range of possibilities for those who want to partake in some drinking after sundown.

Paphos District and its Villages

When looking for one property for sale in Paphos, make sure that you include the whole district in your search. This includes not just central Kato Paphos but also the picturesque surrounding villages. Examples include Kissonerga, Tremithousa, Tala, Chloraka, or the popular Universal. You can also search for a property for sale in the Aphrodite Hills where you’ll find some superb villa and bungalow options.

The city of Paphos and the nearby villages present a fantastic opportunity to purchase residential real estate. The neighborhood has experienced tremendous expansion and development in recent years, with various new properties being constructed to contemporary standards. The district offers a range of housing choices, including condominiums, townhomes, villas, and classic stone homes.

Several of these towns and villages still maintain their original charm and offer a quiet, rural lifestyle away from the bustle of the city. The cost of real estate in these villages might be less expensive than in the city, and many of them have stunning views of the surrounding countryside.

Property in the Paphos area can be expensive, and many foreign buyers may also be interested in the area, making it a competitive market. Yet, there are a number of advantages for those who are able to get a home, including access to services like restaurants, shopping, and other facilities, as well as the stunning natural scenery and cultural attractions the region has to offer.

Schools and Amenities

Another great advantage that Paphos offers is that you have several schools to choose from as well as a wide range of shops. In fact, you can expect all the advantages of the big city without the chaos and stress.

The Paphos district has both public and private schools that provide instruction in English, Greek, and other languages for families with school-age children. These educational establishments include elementary and secondary schools as well as foreign institutions that use the foreign curriculum, such as the British or American systems.

There are many different options for amenities in the Paphos area, including supermarkets, stores, restaurants, cafes, and other services. A number of medical clinics, hospitals, and recreational facilities, including golf courses, tennis courts, and fitness centers, can be found nearby. The region is also well-known for its gorgeous beaches and other outdoor attractions, including as national parks and nature reserves, making it the perfect place for anyone who like to engage in outdoor activities.

Outdoor Sport

Naturally, there are beautiful walks you can do throughout the region. Clearly, you can also do various watersports from water skiing to windsurfing. Nevertheless, most people don’t realize that Paphos is also an hour or so away from the Troodos Mountains where you can ski. How many people can boast skiing in the morning followed by sunbathing in the afternoon?

Paphos is the perfect vacation spot for anyone who likes being active and outdoors because it offers a variety of outdoor sports. In Paphos, some well-liked outdoor activities include:

Golf: Aphrodite Hills Golf Course and Hidden Valley Golf Course are only two of the several championship golf courses in Paphos. These golf courses have breathtaking views of the surrounding landscape and the Mediterranean Sea.

Hiking and biking: Paphos is surrounded by picturesque hills and farmland, making it a perfect location for trekking and mountain biking. The Akamas Peninsula National Park, which offers breathtaking coastline and inland views, is one of many recognized hiking paths in the area.

Water Sports: Paphos is a fantastic location for water sports due to its extensive coastline. The warm waters of the Mediterranean Sea are perfect for sailing, kayaking, paddleboarding, snorkeling, and scuba diving.

Horseback riding is a well-liked outdoor pastime in Paphos, where a number of equestrian facilities provide instruction and escorted excursions of the nearby countryside.

Tennis: Tourists can play on several tennis courts in Paphos, including those at the Aphrodite Hills Tennis Academy, which has both clay and hard courts and provides instruction for players of all skill levels.

Final Thoughts on Why you should Consider Property for Sale in Paphos

Overall, Cyprus is a wise choice when it comes to property investment. All the benefits of a growth country on the Mediterranean can only make the value of your property go up. In the meantime, you’ll be able to enjoy a healthier and more relaxed lifestyle. So, why not start browsing through properties for sale in Paphos and see where it takes you?