Situated in the southwestern region of Cyprus, the third largest and third most populous island in the Mediterranean, is a coastal town of Paphos which everyone is dreaming to dwell and visit in one’s life time because of its serene atmospheric conditions and rich cultural heritage. Paphos, being an ancient city, is an attractive place known for its contribution to the wonderful history, culture and architecture in the world. It is a major tourist centre in Cyprus that is full of heritage and attractions. It has magical ancient ruins and beautiful old villages; it is home to the Tombs of the Kings; and the birthplace as well as the worshipping place of the legendary Greek goddess of love and beauty, Aphrodite. The atmosphere of the region is favourable, as it experiences a Mediterranean climate characterized with a long dry summers and mild winters which are separated by short autumn and spring seasons.  During summer, Paphos enjoys high temperatures; and the sea breeze that creates a pleasant atmosphere in the coastal areas. The winter of the region is mild, with some rain and snow on mountains in the region. Paphos enjoys nothing less than 300 days of uninterrupted sunshine in a year! With leniency of the climate, in addition to the beautiful spectacles that engulfed the area, Paphos remains an important region in Cyprus where a lot people from different parts of the world troop into in large numbers every year, to live temporary for holidays or permanently after retirement. Thus, Paphos is a perfect real estate investment location for both local and international property investors.

Paphos, being one of the fastest growing towns in Cyprus, is a region with extensive options for luxury properties which are mostly sought-after. The properties along beaches, suburb region and beside golf courses are well known. Houses in Paphos are available for both investors and those who want to stay there for holidays or willing to turn the place to their permanent residence. Several structures in Paphos which include: Apartment, Villa, Penthouse, Townhouse, Bungalow, Garden Apartment, Studio, Bungalow and Shop are available for sale and also for rent in Paphos. Depending on the location and type of house you want to acquire, the price of the houses varies greatly in the region. In the places like Kouklia, the region in old Paphos, a studio can be purchased for £48,732 or more, whereas houses Kato, can cost £80,000. The prices of the properties along beaches and beside golf courses may be little bit costly. The low price of houses in Paphos has been a good value for money. No wonder many people, especially non-Cypriots, went extra miles to obtain loan from banks and purchase houses in Cyprus, which are leased out to the tourists that visited the area. Furthermore, the sale of houses appears to increase in the region because of the favourable tax imposed by the government of the country.
 To get the best houses that are up for sale, it is necessary to follow the steps outlined below.
1.     Define the need of your perfect home.
2.    Contact local Paphos agents or find online, some of the agents who have been promoting such properties in Paphos.
3.    Inspect the property yourself.
4.    Cover the property costs, fees and taxes.
5.    Make an inventory of any necessary repairs or damages
6.    Check access to utilities and services, especially when planning on future renovations

NB.  It is important to involve a lawyer in every activity you embark on towards the purchasing any property, in order to be on a safer side.  

Source: akinia.com.cy - Cyprus Property