Archive for the ‘Property Developers in Cyprus’ Category
Pafilia
Minthis Hills – Pafilia Property Developers
At the highest level of all property in Cyprus, and in the hills above Pafos, is Pafilia Minthis Hills. Where you can take in the views, be part of nature and delight in your surroundings. With stunning panoramic views of the mountains, golf course and sea. Where luxury is a way of life and stress is a thing of the past. At Pafilia Minthis Hills, we promise you escape, something extraordinary, where you literally feel that you can touch the sky.
It’s stunning designs, combining modern with traditional Cypriot architecture, the wild location with huge expanses of space and beautiful views, are causing people to fall in love with Cyprus and Pafilia Minthis Hills. Located in the rolling hills of Tsada village, between Pafos and Polis, Pafilia Minthis Hills offers a haven of peace and tranquillity; a private retreat inspired by nature and breathtaking panoramic views. The exquisite homes, designed by world renowned architects Woods Bagot, are a modern expression of traditional Cypriot mountain living that blend into the natural contours of the land. Life at Minthis Hills offers complete escapism, but not isolation; unrivalled on-site facilities will include the recently upgraded 18 hole championship golf course, a spa, several restaurants and shops, with the thriving coastal town of Pafos, where you can find virtually anything you desire, including fine dining and concerts only 15 minutes away.
Pafilia Passion for perfection
Pafilia Property Developers, is the largest privately owned developer in Cyprus and the pioneering force behind Minthis Hills. Renowned as a forward thinking company, Pafilia has over 30 years experience and is a market leader in many respects, not least for its design of environmentally friendly and aesthetically pleasing developments. According to Michael Aniftos, area manager for the Middle East region at Pafilia Property Developers, “We want to take Cypriot living to the next level, combining the best in design with sensitive treatment that minimises the impact on the land and exploits the natural beauty of the area. At Minthis Hills, this will be further enhanced by the planting of around 50,000 indigenous trees and other plants. The aim is for it to offer the best of both worlds; a real escape, yet easy access to facilities, amenities and entertainment!”
Pafilia Minthis Hills reflects ‘barefoot luxury’ as opposed to a conventional ‘manicured development’. Here, you will feel that you are touch with nature and that you can sit back and have everything done for you. Space is everything – the estate stretches across 4.9 million m2, which is slightly larger than Dubai Sports City. Of this, only 100,000m2 (24.7 acres) or 2% is being built on, making nature its residents’ closest neighbour.
The Pafilia private residences nestle comfortably into the natural contours of the hillside, minimising the impact on the rolling landscape. With plot sizes starting at over 1000m2, each of the 600 villas will feature a view, whether that is of the sea, mountains, the golf course, or a combination of them all.
Pafilia Minthis Hills will include the existing 18 hole par 71 championship golf course that is being revamped, which has a course length of 5828m, making it easily walkable. It has a full range of practice facilities, including a panoramic elevated driving range. A large new clubhouse is currently under construction, which will form the heart of the community, providing bars, restaurants and five star services to residents, such as a full concierge service. In addition to this, the estate will comprise a beautifully designed exclusive spa and health club, tennis courts, playgrounds, a mini market, nature trails suitable for walking and mountain biking, the 500 year old Minthis Cross monastery and vineyards. For those who love wine, vineyards can be rented and residents can have their own personal label wine!
Pafilia The right investment, right now
Every day there are more reasons to buy in Cyprus. With the current crisis around the world, Cyprus has become an even more attractive proposition and in the Middle East this is already being recognised. Emirates, Gulf Air, Jazeera and others all fly to Cyprus and Etihad Airways has recently announced direct services to Cyprus from the beginning of June.
Investment in shares, mutual funds are high risk, with even banks not being a sure bet. People are looking for more secure alternatives and bricks and mortar are obviously an attractive proposition. Cyprus still has all the advantages it has always had that have made it so popular, such as 340 days sunshine with low humidity, very low taxes, double taxation treaties with a great many countries, membership of the EU, low crime rate, first class infrastructure and very hospitable people.
Famous as the birthplace of Aphrodite, the Goddess of love, Cyprus has been seducing visitors for thousands of years. Virtually everyone who comes to the island falls in love with it and returns time after time. Many buy properties here for a second home, as an investment, or for permanent living. Moreover, its geographical position and long history places it at the crossroads where East meets West. This has lead to a fusion of the 2 cultures and where those from the Middle East feel at ease.
On top of this, the country has a strong housing market, where the Central Bank has maintained strict levels on the amount of deposit a customer has to pay, reducing the exposure to speculative short term investments; a key factor in other countries’ problems. Today, the banks in Cyprus are offering loans of up to 70% of the property value, which is very attractive compared to other countries where loans are quasi impossible to obtain. Cyprus also has one of the most secure land registries in the world. Once the contract of sale has been signed, it should be lodged at the land registry within 60 days to ensure the beneficial rights to property ownership are legally protected. Once filed, your property cannot be leased, sold, transferred, or mortgaged without the purchasers’ consent. If you add to all of this that Cyprus is an island with a limited supply of land and housing and a forecast for continued positive GDP growth (most countries are showing negative GDP) then there is likely to be room for gains in 2009.
Whether you are investing, establishing a second home or moving permanently, by buying at Minthis Hills you will join an elite group of people that value space and treasure every moment.
For more information about Minthis Hills & Pafilia please contact:
Pafilia +357 99 370 346
info@minthishills.com
