Is a property for sale in Paphos any good? Here are 7 reasons

There are so many reasons for investing in property for sale in Paphos. Some of them will naturally be personal. Nevertheless, there are many advantages of buying property in Paphos, including the ones described below. If you want to first view what type of properties are currently available then you can visit this website. You’ll soon see how much choice there really is and that you’re bound to find something that suits you in terms of needs and budget.

Why Property for Sale in Paphos is a Good Investment

Real estate is generally considered to be a good investment. Even if different areas and property types have varying levels of risk. When it comes to Paphos Cyprus though, you can’t go too wrong due to the reasons listed below:

1- Coastal Lifestyle

Most people enjoy living by the sea. This is partly because of the more relaxed lifestyle and also because of the health benefits. The sea salt tends to clear out the lungs. Furthermore, the iodine in the air is also good for your thyroid which controls your metabolic rate and energy levels. Also, Paphos sits on the Mediterranean coast which is generally considered to be a very safe sea without sharks or extreme weather. This will always be a pulling factor for any future investors.

2- Wide Range of Choice across Paphos District

Depending on what you’re looking for, you can opt to stay in the town center, Kato Paphos, where all the buzz is happening. Of course, you might prefer to avoid that and visit the surrounding villages for properties for sale instead. There are many villages to choose from and each one has its own unique style. Although, you’ll be able to access all the amenities of any modern city. Perhaps start by researching some of these villages as a starting point: Tala, Tremithousa, Kissonerga, Chloraka, and the famous Universal. Then again, you might prefer to search properties overlooking Coral Bay and the Sea Caves near Peyia. Either way, you'll have many options to choose from whether you want to buy a bungalow, villa, or detached townhouse.

3- Access to Fast Track Residency Process

Another great advantage to Paphos, Cyprus, is how easy the residency and citizenship processes are. Even if this isn’t something that you need, then remember that future buyers might find this to be a major advantage. Either way, it’s a good selling point should you ever wish to cash in on your investment. Essentially, you need to invest 300k euros to be able to fast-track your residency application.

4- Now is the Right Timing

Another key consideration when reviewing real estate for investment is where the market is today. Due to the pandemic constraints, prices have gone down although they are on the rise again, particularly with property for sale in Paphos. In fact, Paphos remained a popular choice simply because it offers a unique combination of laidback lifestyle and exceptional property types. This is also why many people choose to live in Paphos but commute every day to work in Limassol.

5- Great Rental Income

Part of having the right price and timing, when it comes to real estate, also means that you can always let your property. Even if you decide to move in now, there’s nothing stopping you from turning it into a rental property later. This is especially attractive if you managed to invest for less than your budget. You should then be able to recuperate even more of your money. With Paphos Cyprus travel on the rise again, this could also be the perfect opportunity to expand your income stream.

6- Excellent Transport Links

People and potential buyers usually consider transport links when deciding on which properties to buy. It’s not just about how easy it is for them to travel in and out but it’s also about business connections. People often like to know that the world is accessible to them and vice versa.

7- Access to all Modern Amenities

Again, it’s not just about the property type when deciding to buy because it’s also about the surrounding area and what it can offer. Paphos Cyprus provides an exceptional blend of a laidback lifestyle with working amenities. Overall, local public transport and public healthcare are all at high standards and things simply work well. Cyprus in general is a good investment choice with its growing economy that works hard to attract holiday-makers, business owners, and retirees alike.

Final Thoughts on Searching for Property for Sale in Paphos

At the end of the day, when searching for properties for sale, you need to also feel that you have found the right home. If you believe that you’ll be happy living there then the chances are that someone else will if you ever wish to resell. Having said that, who can say no to an idyllic island lifestyle with such a wide range of shops, restaurants, and sports to keep you entertained?