Geography maps of Cyprus will show that the towns of Polis & Latchi are situated in the far west of Southern Cyprus, which has the remote and arguably most beautiful areas of the island. Cyprus property for sale here is for the person who wants the authentic Cyprus, the location has become a popular sea side resort with an acclaimed traditional centre that has kept its many buildings and beauty intact, but this is no Agia Napa or even Paphos. It is a laid back sort of place which has not surrendered to its resort label, it has a central pedestrian area mostly given over to shops and tavernas, but it also has many nooks and crannies to explore.
Cyprus property for sale is increasingly available and fortunately there are quite strict building zones which limit the amount of construction in the area. This is not the place for investors to buy up lots of apartments ready for the summer season, but there is a market for villas for rent in Cyprus for the long term. These are usually taken up by tourists who come for full seasons; workers in the area or quite a few people who are relocating want to rent before deciding where to buy.
Getting cheap car hire in Cyprus is easy and armed with geography maps of Cyprus you can explore the area at your leisure. The main road out of Polis towards Chrysochou Bay sweeps the eastern coastline, and there are incredible views over to the West towards the Akamas Peninsular. There are Cyprus property for sale developments in the area, many of which respect the traditional architecture. There are some changes planned with a golf course being built in the area and maybe a new highway from Paphos, this has been on the table for many years but has still not been approved, it would certainly reduce the travelling time from Paphos airport.
Many people chose the villages for Cyprus property for sale in this region to relocate permanently as they are so welcoming and beautiful. Some smart planners buy their retirement home from Cyprus property for sale available now off plan and then put their villas up for rent in Cyprus long term until they are ready to take up residence, taking advantage of the capital growth on their property. Then when retirement comes, the huge tax benefits kick in; NO inheritance tax, NO wealth tax, UK state pensions that are still entitled to the annual up rating. All pensions, public and or private are tax free for the first 3,417 Euro and then taxed at the flat rate of 5 or you can opt to be under the normal tax regime in which the first 19,500 Euro is tax free rising to 30 on 36,301 Euro which would be more beneficial if you only receive a small pension.
So armed with some geography maps of Cyprus you can scour the region and make the decision of where to search for Cyprus property for sale, it is possible to enjoy the genuine Cyprus whilst still being close to an airport and the amenities of Paphos, having simply the best of worlds. |
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