Property Off Plan Property Investment

Why C yprus?

• Property prices in Cyprus are predicted to rise 12–15% in 2008.
• Cyprus is a one of Europe’s favourite holiday locations, with an excellent year-round climate.
• EU membership has brought stability.
• Cyprus offers many tax advantages over many other locations, particularly for retirees and
corporations.
• The legal system in Cyprus is based on English common law, so the process of buying property will be familiar and straightforward.
• The price of a property in Cyprus is likely to be significantly lower than the equivalent in Portugal, Spain and France.
• Advanced infrastructure in the areas of established tourist regions in the west.
• Excellent road links across the island, along with major new motorway links to the capital.
• Outstanding beaches and spectacular scenery, particularly around Paphos and Protaras.
• Excellent shopping, leisure and entertainment facilities in the cities and tourist resorts.
• The capital, Nicosia, is the busy, commercial centre of the island and home to a number of
universities.

Why Peyia?

• A rise in VAT on the price of land will bring upward pressure on property prices in this area. Peyia is already one of the most expensive villages in Cyprus.
• Elysium Apartments is located in an upmarket resort, just three kilometres, or a five-minute drive
away from Coral Bay and the planned marina, which will be the largest marina in Cyprus.
• Idyllic seafront setting, with excellent local amenities, including shops, restaurants, beach bars and water sports.
• Peyia is well situated for exploring the western side of Cyprus. It offers easy access to the Akamas peninsula, with its spectacular
landscapes, deserted sandy beaches and conservation projects.
• An area of historic importance containing two ancient Christian basilicas and Roman tombs carved into the cliffs around the coastline.
• Peyia is a resort village, popular with expats.
• The whitewashed village lies on the rugged hills, which act as a backdrop to the most photogenic stretch of coastline in Cyprus.
• Peyia is regarded as an excellent alternative to the hustle and bustle of Paphos.
• Peyia’s close proximity to Coral Bay has been attracting increasing interest from property
developers.

Why El ysium Apartments?

• Up to 20% below market value.
• Interest-free staged payments with mortgages up front.
• Elysium Apartments enjoys a higher spec than anything else on the local market, at a lower price than comparable developments.
• Price growth, of up to 15%, expected in the new year.
• Elysium Apartments is located in one of the most expensive coastal locations in Cyprus.
• The development is in an idyllic location, close to the Coral Bay Marina, which will be the largest