Hot in summer, mild in winter, with a huge variety of apartments, town houses and villas for sale, English spoken and brimming with historical sites of great beauty, Cyprus also has wonderful beaches and fabulous nightlife to offer. Cyprus is not just popular with holidaymakers, but also with buyers of holiday and retirement homes. Investors with 45,000,000 euros to spend will find their investment buys a small block of luxury beach front apartments. Individual buyers looking for a holiday home should expect to pay around 225,000 for a modern, well-appointed two-bedroom apartment for sale in Cyprus' main resorts.
Depending on where one buys, north or south, east or west coast, Greek Cypriot or Turkish Cypriot territory, prices vary considerably, but the main resorts of Limassol, Paphos, Nicosia and Famagusta are probably the most expensive options. Still, even in Limassol it is possible to buy a detached luxury villa with swimming pool and three bedrooms for between 1.2 million and 1.6 million euros.
Some 30,000,000 euros buy a 9-bedroomed detached villa in Amathus, historic Limassol, on the southern coast of Cyprus. It's a dream home fit for a king or even a goddess. Cyprus, so legend has it, marks the spot where the Greek goddess of love, Aphrodite, emerged from the sea to cause a little mischief among human men.
In Paphos, in south-west Cyprus, an investment of 105,000 euros can buy a small semi-detached town-house with two bedrooms, while 220,000 euros will buy a luxury 3-bedroom villa in Famagusta. Houses, rather than apartments for sale on Cyprus, offer typically the greater choice, as the island has long been a favourite with families and older buyers looking for a retirement home with a small garden and swimming pool. Developers tend to cater for the needs of these two groups.
For those with a smaller budget than that of a goddess or king, Famagusta in the north-east of the island is a good place to start looking for apartments for sale in Cyprus, as it is less expensive than Limassol. The latter serves as the island's commercial centre.
Most developments in Famagusta are built within walking distance of the town, beach and amenities. Apartment blocks are usually small, offer panoramic views from all properties, have en suite bathrooms in the master bedroom and a communal pool in the landscaped grounds.
Set in the Turkish part of the island, Famagusta is situated to the east of Nicosia, another property hot spot for foreign buyers. Famagusta boasts the deepest harbour on Cyprus and was the island's most important port in medieval times, trading with countries as far away as China, as it lay on the historic Silk Road.
Because of this, Famagusta boasts many wonderful historic monuments, such as the magnificent Lala Mustafa Pasha Mosque, Palazzo del Provveditore (Royal Palace) or the many churches that remain to this day in a city that once had 365 churches at its peak. If you cannot find your dream apartment for sale in Cyprus, there's always the famous Othello Castle in which Shakespeare set his equally famous play. But that would bust most investor's budget!
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