Cyprus lifestyle magazine english version november 2014 by Cyprus Lifestyle Magazine

1 issue 1 | November 2014

Monthly Lifestyle Magazine in English and Russian

INVESTMENT | BUSINESS | PROPERTY | LIFESTYLE

ПОЖАЛУЙСТА, ЧИТАЙТЕ НА РУССКОМ ЯЗЫКЕ С ДРУГОЙ СТОРОНЫ

4000+ Selected Properties for Sale & Rent PAFOS - LIMASSOL - NICOSIA - LARNACA - FAMAGUSTA

Cyprus Property Consultants

Ktimatagora is a proud member of PropertyLink Estate Agents Ltd, committed to providing the finest full-service real estate partner by employing the most professional, well-trained and ethical real estate consultants.

LICENSED ESTATE AGENTS & CHARTERED SURVEYORS

E-mail: info@ktimatagora.com | Head Office: Markou Drakou 62B Agios Dometios, P.O. Box 27979, 2434, Nicosia | Tel: +357 22 255 560 | Fax: +357 22 255 565 Webpages: www.ktimatagora.com, www.lettingscyprus.com

Ed o it ri al

5 INTRODUCTION

A warm welcome to the very first edition of Cyprus’ only free Lifestyle and Investment Magazine published in English and Russian.

36 WHO WE ARE

Cyprus Lifestyle is the first high quality magazine published and distributed in Cyprus and Russian speaking countries.

Fe u at re

Contents

Gold Sakur a

We visit a first class Japanese Restaurant situated in the heart of Paphos Harbour district and give you our view on what we found.

GAH Global Ltd

An interview with the CEO gives us an insight into the innovative processes being pursued by this WorldLeader group. We also feature the more glamorous side of their business as sole agents for the most modern and eye-catching electrical vehicle available right now here in Cyprus.

fe st yl e

17 Wines of Cyprus

Presenting one of the oldest wine-producing countries in the world.

FASHION ICONS

We’ve all heard about them before – they headline the news, on magazine covers.

38 Black Gold

The carob tree that produces the high nutritious carob pods. Find out more.

52 Imperial Chinese Restaur ant

If you are looking for the best Chinese food in Paphos. Here it is.

56 Iliya Keremidchiev

Art feature of the month.

61 UpTown Square Group

If you are looking for great food and excellent service in Limassol.

BU SI NE SS

18 Q4 Private Charters

We look at Q4 jets and helicopters the leading organisers of luxury travel on the island.

Doing Business in Cyprus

Valentinos Constantinides provides some useful insight into doing business on the island.

On the road with MS Auto

Top of the range motor cars and motorcycles in Cyprus.

48 The Chopfather

If you are interested in Harley Davidson motorcycles you must pay a visit.

Choosing Cyprus

No part of this publication may be reproduced, stored in a retrieval system or transmitted without the prior written permission of the publisher.

Y RT PE

tel. +357 97 781 582

O PR

How to Advertise Our rates and special discounts

Dr Darryl Brock explains why Cyprus is an ideal location for investment and business.

26 Mir age Villa, Paphos

FEATURED PROPERTY – PAPHOS - FOR SALE.

Luxury in Limassol

Disclaimer

Cyprus Lifestyle Magazine accepts no responsibility for the accuracy of information about products or services provided by advertisers. Whilst every care has been taken to ensure the accuracy of the information contained in this magazine, the publisher accepts no responsibility for opinions or views expressed by advertisers or contributors to the magazine.

FOR SALE – Luxury Villa in Limassol – Exclusive property FEATURED PROPERTY – PAPHOS - FOR SALE.

44 Cyprus Property Marketing

How it works – Find out how we can make the process of buying easier.

Contact Information

Property Title Deeds

In Cyprus it can be a problem to obtain a certificate of registration.

Aphrodite Homes

Aphrodite Hills Resort is one of the most luxurious resorts in the Mediterranean.

Cyprus Lifestyle Magazine

Property Listings

Properties for Sale in Cyprus

INTRODUCTION both informative and practical. With articles not only looking at some of the most beautiful homes currently for sale, Cyprus Lifestyle contains a section on lifestyle – not just the lifestyle of Cypriots but considering all aspects of lifestyle that you may wish to continue and a section looking at investment opportunities across the whole of the Island.

o why Cyprus? Across much of the globe, countries have suffered unprecedented financial crisis and Cyprus is no different. Suffering similar economic hardships to that of its close neighbour in Greece, Cyprus, with the help of the Troika agreement is starting to climb out of recession. Real investment opportunities are rife at the current time whilst house prices are low and the tax incentives on the island are generous.

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yprus lifestyle aims to provide its readership with real insight and facts about Cyprus a n d the current market economy, delivered in an exciting lively fashion that people will want to read. This is not your run-of-the-mill magazine, here at Cyprus Lifestyle we provide a measured account of all matters both the positive and the pitfalls. We plan to provide pertinent information that is associated with buying or selling a home in Cyprus which you will find

yprus offers a Mediterranean perspective with almost guaranteed sunshine and high temperatures throughout most of the year. Crime is very low and the relaxed way of life is conducive to a healthier more beneficial approach to living. As a full member of the European Union since 2004 the raised standards and expectations of both Government and residents can only serve to be beneficial in th e l o n g ter m an d th ere are incentives of residence and EU passports to those seeking to make investments.

ubstantial oil and gas resources surrounding the island may be in di c ati ve of a f ar m o re prosperous future for anyone seeking to buy a home here on the Island of Aphrodite.

ere at Cyprus Lifestyle we welcome your thoughts, ideas and comments and would like to hear from you – from your perspective. If there is information you would like to see in forthcoming issues then let us know or if you simply wish to contact us on a personal note please do so by email to editor@lifestyle-cyprus.com

design your dream event

+357 99 851 278

elegantevent@cytanet.com.cy

www.eleganteventscyprus.com

gold

Sakura S

akura (Japanese Cherry Blossom) is the very essence of a contemporary Japanese Restaurant providing a truly authentic cuisine.

Classic Japanese cuisine demands Respect for both the ingredients and simplicity in its preparation â&#x20AC;&#x201C; these two tenets are fundamental to the philosophy of Japanese cooking to emphasise the balance of each delicate flavour in every dish in order to produce, ultimately, an orchestrated symphony of art. It is this simplicity that is perhaps the most difficult to achieve.

oth cooking methods and eating habits are inextricably linked to Japanâ&#x20AC;&#x2122;s historical circumstances. A policy of meat prohibition from 1603 until 1867 in an attempt to stop aggression in the population meant that fish became very popular, and the fact that Japan is an island gave the people access to a diverse range of fresh fish and led to the custom of eating the fish raw.

ere at Sakura all the above essentials are adhered to. If fish is to be eaten raw it has to be as fresh as possible and so this is specially flown in. Almost without exception the ingredients used at Sakura, from the rice to the wasabi, are from Japan and so authenticity is unquestionable.

he highly skilled chefs prepare all dishes with great care. This skill is never more evident in the preparation of the famous sushi and sashimi. Letâ&#x20AC;&#x2122;s not forget, however, that Japanese food does not consist of only eating foods in their raw state. There is a considerable skill in grilling various foods to ensure that food retains its flavour and stays moist without being adversely affected by the fierce heat of a hot plate. At Sakura there are three special show tables, each capable of seating approximately ten people, where Teppanyaki is prepared and cooked in front of you by extremely dextrous chefs who entertain by demonstrating their flair and techniques with knives and other cooking implements.

he gold Sakura restaurant is elegantly presented with glass walls from floor to ceiling at both the front and the rear. Enter through its doors to a very pleasantly air conditioned environment and open space. Inside the restaurant, the main seating, the elliptically shaped bar with seating and the Teppanyaki tables occupy three distinct levels. Around the walls there are bamboos and the mood lighting and other decorative lighting provide a very welcoming and relaxing ambience.

ou can expect a genuinely warm welcome from the staff who are attentive but not obtrusive.

gold Sakura is owned and run by Photos Karseras. Photos, who lives with his wife and four children in Konia, speaks of his passion for The highly skilled chefs this industry. Following prepare all dishes with on from school, Photos was always interested great care. in catering and when fate intervened in the This skill is never more form of the 1974 evident in the preparation Turkish i n cursion which abruptly ousted of the famous sushi and him from his original sashimi. home in Famagusta, the UK provided him the opportunity to study hotel management. After much travelling around the globe Photos settled down to working in hotels but his eagerness to become selfemployed soon materialised. Photos has run restaurants for many years but influenced by his love of Asian and Far Eastern cuisine, decided to turn his existing restaurant into gold Sakura which has been in business now for just over five years. His eye for detail and the look of authenticity is clear to all that visit gold Sakura.

old Sakura is not just a Japanese restaurant â&#x20AC;&#x201C; it caters for many tastes and offers an international choice so that a group of people may happily come and enjoy themselves even though one or two may not wish to partake of

11 the Japanese food on offer. Japanese restaurants, probably across the globe, may be considered by many as too expensive - gold Sakura however offers real value for money. The menu provides a varied choice of Sakizuke i.e. salads and cold appetizers which may include fish, prawns or chicken. Sushi – slices of fish place on vinegared rice are available using tuna, salmon, sea bass, prawns or eel for as little at €3.50. Temaki – these are hand shaped cones containing, for example, salmon and mango, or tuna with cucumber as well as a purely vegetarian option. Maki – these are the familiar hand-shaped rolls with various fillings including prawns, avocado, tuna and so on. Six pieces cost as little as €5. Sashimi – this is the raw fish option and tuna, salmon, prawn, eel and sea bass are all available starting from €7 for five slices. If you are unsure of what to have then why not go for the Combination Platters. This provides the diner with the opportunity to try a mixture of the above dishes – a great dish to share and for as little as €8. Apart from the traditional Japanese there are many hot appetizers and tempura to choose from and the fourteen main dishes provide variety enough for all tastes including the famous Beef Teriyaki and Miso Glazed Black Cod Fillet. In addition to the above there are Stonegrill dishes and of course the Teppanyaki tables. Food is not complete without the appropriate drinks to accompany it. Sakura boasts a m o d e r n te mp e r atur e c o ntrolled cellar with a large selection of international wines

Address 17 Rodothea Court, Poseidonos Ave. (opposite Annabelle Hotel) Kato Paphos For reservation

T: +357 26 974 492

Gold Sakura is not just a Japanese restaurant it caters for many tastes and offers an international choice and of course the famous Saki rice wine which should not be missed. All manner of international spirits and beers are readily available.

f you have never tried Japanese cuisine before then gold Sakura, situated in the heart of Kato Paphos, presents the ideal opportunity to enjoy excellent food in sumptuous surrounds and if you are well acquainted with the cuisine, Sakura will not disappoint. A visit is an absolute must.

o further entice customers, gold Sakura provide a take away service with a 10% discount off menu prices. Be sure to tell the owner – Photos, that you have seen this article.

leading the way GAH Global Ltd is a Cypriot company with a difference which is making a real difference in terms of its ecological approach by making the best use of resources and leaving nothing to waste.

GAH

Global ltd is currently committed to the highest efficiency in Biogas Plants, Waste Water Treatment systems, Energy Renewable sources and providing solutions for

specif ic Waste Water Treatment iss u e s . I n d u s t r i a l , A g r i c u l t u r e R e n e w able energy sectors. Recently looking into the future GAH Global entered into the electric vehicles mobility and will bring the country to reduce its Co2 emissions.

environmentally friendly technologies today

WASTEWater-Treatment

Bio-Gas The development of a Biogas Plant can offer various benefits to any business that produces or handles organic materials such as restaurant, hotels, food processors, food farms, cattle and pig farms and so on. The organic waste can be into energy that can be collected and easily t r a n s formed into energy that can

be sued to generate electricity. The electricity produced can be sold to electrical utility companies (CEA) at a fixed rate for 20-25 years (via a contracted Power Purchase Agreement) and/or can also make businesses energy independent and the potential to provide a substantial revenue stream to its existing operations.

ASIDE FROM Biogas Plants, GAH Global ltd offers waste water treatment solutions in the form of its CompReactor, this can be customized to numerous type of business and industrial process in waste water treatment plants. The GAH CompReactor was able in its first task at a slaughter house in Drama Greece to treat blood with 100% successes to clean water.

The Jetflyer is a synthesis of powerful technologies and a sensational design. To drive it is to set a trend.

e-volution – The JetFlyer

The Automotive

4H Automobiles

Industry NEOMA Standing out in one of these magical machines. They are eye-catching, great to drive, amazing to look at and all at a surprisingly affordable price. Electric vehicles are the way forward with the Zing running costs of a diesel or petrol fuelled vehicle. GAH Global is the official representative of 4H Automobiles, Ligier Professional and Microcar, e-volution JetFlyer & UCarver, Going Green The CORE, and ROLEC Charging Stations, with its head Office in Cyprus and branches in Greece, Bulgaria, Romania, Estonia and the Middle East. Electric vehicles are the way forward with the depletion of fossil fuels and the increasing running costs. T h e G A H G l o b al E V r an ge ar e manu factured in the European Union and are provided with the European COC (Cer tif icate of Conformity). The great advantaged of the EV are the saving, from 0,20 € to 1 € per 100 km, NO petrol, NO service, NO road tax, noise, FREE parking and most impor tant environmental friendly.

The NEOMA is a 2 or 4 seats Electric Vehicle, the freedom to go to work, go shopping alone, with two or three passengers. It will be the best companion to you day! Driving pleaser, safety and respect for the environment, and happy because you have no more to pay any petrol only 1 € for 100 km. the NEOMA plugs into a household outlet single 16A.

4H Automobiles

SMER

The SMER is a 2 seats Electric Vehicle, agile and compact as a 2 wheel, it is THE way to urban transport by excellence! Ultra comfortable and secure, this ultra 100% electric city vehicle offers you the ability to move “differently”. The SMER has a large boot space, nevertheless, it remains a very easy vehicle to park. Tight lines, tapered shape, you will know very quickly soak up the identity of this outstanding vehicle.

4H Automobiles

EXPLORA U4 Electrical vehicles are the way forward with the depletion of fossil fuels and inc r e asin g ru n ning costs

Great pleasure and new sensations while preserving the environment! Enjoy the silence of its electric power that will take you wherever you want, whether it is a single or two seater. The Explora, with its storage box or second seat in the back, you can enjoy your journey and your rides in complete relaxation and freedom. For professionals, the Explora can afford to make deliveries in urban areas, tourist walks in the protected premises, or be used daily by market gardeners or farmers. For a particular use, it is easy to imagine the value of such a vehicle for various movements in a second home or vacation, especially in resorts.

e -volution

This four wheels vehicle is a synthesis of powerful technologies and a sensation design. Get on and experience a vision come true for modern mobility. Stable as a car maneuverable as a motorbike – but also impressively unique.

The small, agile UCarver is what you been missing, the necessary link to your urban mobility. Designed and created for more independence, less stress, more fun and at the same time do your job, this amazing vehicle enable you to drive safely and quickly between home and office or supermarket. It readily fits under most desks and its weight and range makes it very portable.

JetFlyer

UCarver

e-volution The UCarver ROLEC - Charging Stations

Get on and experience a vision come true for mode rn mobilit y

VIPA – Vehicle without driver

LIGIER Professional - Utility cars

Going Green – The CORE

The LIGER

The LIGIER

G oing G reen

Leave your self transported into the future. VIPA is a passenger vehicle without a driver, using a tracking system and basic guidance on images and video with algorithm processing in real time. equipped with an internal computer and cameras fixed at the outside area, the VIPA move because of its visual memory.

The LIGER Professional ideal for urban centers cover a large range in utility vehicles for the transport and logistics. Also ideal to be use by companies fleet owners, municipalities, post offices, communities, small business, fast food delivery, also for every individual using who use its transport within the city or town. Handy, compact and for multipurpose is the perfect companion for transport of goods. With so many options, it meets all your needs.

The Core is extremely easy to handle due to its weight distribution and driving position. The electric locking system at the parking stand, the seat and helmet basket increase protection against robbery attempts. The brake discs of the CORE have a very direct response and sensational touch that leads to increased safety in emergency situations. The wide and high mounted tires provide a sensation in driving and additional security during driving

V I PA

• VIPA autonomy without guidance infrastructure • In the presence of pedestrians and low speed vehicles • Vita can be involved individually or in fleet • At a speed of 20 km/h • In driving range • With a clean energy • Securing the passengers and the of interaction with the outside

P rofessional

Contact details for GAH Global:

8 Evristhea street, Ayios Sylas Industrial Area. 4193 Ypsonas - Limassol - Cyprus. Telephone 0035725711440 or mobile +35799032770. email: george@gah-global.com

The CORE

*A DVERTISE HERE

QuarterQuarter Half Page only full € 195 Page Page Page only € 375 only Half Page only only Full Page only € 660

€ 195 € 375 € 660 daniel@lifestyle-cyprus.com

ALL MONEY MATTERS www.investormorse.com

Tel: +357 999 3627 or +44 7810 105877

Wines of Cyprus

Cyprus has mastered the process, being one of the oldest wine producing countries in the world.

and Lania and amphorae all provide tangible proof of the viticultural activities in Cyprus. This is a history of which the Cypriots are rightly proud.

T A

fter six thousand years of making wines it can truly be said that Cyprus has mastered the process, being one of the oldest wineproducing countries in the world. The evidence unearthed by archaeologists in Pyrgos and Erimi heavily supports the thinking that Cyprus was responsible for triggering the spread of winemaking through Greece, Italy and France.

nique ancient mosaics depicting the god Dionysus (Bacchus) along with wine-presses in Omodos

o remain in competition with the many other wine producers around the world, Cyprus has had to adapt its wine making processes and has successfully introduced the popular varieties of grape such as Cabernet Sauvignon, Grenache and Semillon to name but a few. The traditional grape varieties, of course, still abound and are much favoured by Cypriot and non-Cypriot alike. These varieties include Mavro, Xynisteri and Maratheftico amongst others. Nowadays there are more than 40 regional wineries which are producing more diversified and characterful wines. The first of these was at Chrysoroyiatissa Monastery in the Paphos district. A visit to Cyprus will enable you to experience these wines first-hand and to visit many of the wineries which have been plotted out on well publicised Wine Routes. YIAMAS.

ook no further than Q4 to arrange a private jet or helicopter. With significant eXperience coupled with quality and trust, the team at Q4 team has served the aviation, airline, tourism and transport industries for many years, building strong relations with customers and suppliers based on trust and integrity. Q4 operates independently and therefore have the flexibility to select the best operators and aircraft to meet a clientâ&#x20AC;&#x2122;s specific requirements. Through a global network of handpicked esteemed associates, and over

“

When you once have tasted flight, you will forever walk the earth with your eyes turned skyward, for there you have been...

Leo n

ardo

da V i n ci once

sa id

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Q4 High Flyers 15.000 aircrafts, Q4 is promoting aviation services on a global scale. Q4 is always looking at new innovative ways to give their clients the very best in private aviation so why not contact them to fulfil your requirements.

Private Jet charters

Q4 are experts in Private Aviation flights and are highly experienced in organising private air charters for small and large groups. Q4 sources the best aircrafts from a global network of regional airliners, including VIP configured jets. Q4 are accustomed to providing private jet charter solutions

for clients that expect nothing less than the very best. • Executive travel • Government delegations • Corporate and incentive charter flights • Oil and Gas special charters • Family holidays • Honeymoon trips

Light Jets LearJet 40

Latest technology super-light jet; what it lacks in space it makes up for in style and economy. If a Ferrari impresses you, you will be impressed

Cessna Citation Bravo

This is a faster and longer range version of the renowned Citation 2 light jet. The Bravo’s cabin has been designed to eliminate the low frequency engine noise and it has several baggage compartments with enough room for golf bags and several Q4 sou rc es sets of skis.

th e b est a i rcrafts from a global n etwork of regional airliners, including VIP configured jets

Cessna Citation Jet 3

The Citation Jet 3 is more than 4 feet (1.22m) longer than the original Citation Jets giving its passengers increased comfort, room and workspace.

Cessna Jet 2

Citation

The Citation Jet 2 offers great comfort and style whilst remaining practical and economical. A popular light jet.

Cessna Citation V Ultra

A stretched version of the renowned Citation 2, this is a modern and fast light jet, while being economically priced

Premier 1

A new entry-level business jet with class-leading speed and good headroom. The Premier 1 also has a generous baggage capacity for an aircraft of this size.

Helicopter charters

Helicopter charters are a high versatile means of transfer, allowing you to land or take off from almost anywhere! Helicopters are ideal for 1 or 2 hours flight offering the possibility of making multiple visits in a single day. Enhance your lifestyle and enjoy a stress-free and bespoke service making the most of your time.

Flexible fast service:

• Offshore logistics | gas & oil platforms | vessels • Point-to-point crew movements • Emergency evacuations • Business travel • Special events 24 Spyrou Kyprianou Avenue 3rd floor, 3070 Limassol, Cyprus • Air taxi info@q4aviation.com • Sporting events www.Q4aviation.com • Cargo charters 99 660838

J Jude Law

THE

fashion Icons

Weâ&#x20AC;&#x2122;ve all heard about th em befor e â&#x20AC;&#x201C; th ey h ea dline the news, they are on magazine covers An Icon has to change the way we think and see things. When you look back in time they are at the forefront of setting a style or trend an icon is someone who is immortal and their legacy lives on forever. The essence of beauty elegance style and glamour for the era they live in and sometimes for generations to come.

James Dean’s career was cut sadly short when he died in a car crash in 1955. The actor, 24 years old at the time, was driving in his Porsche Spyder when a head-on collision ended a short but brilliant career that influenced a generation. Dean became an acting legend through the three film roles: East of Eden (1955), Rebel Without a Cause (1955) and Giant (1956). Two of these films earned him academy awards.

Alain Dellon The epitome of French style brooding and attractive. As a young man, Delon was capable of looking both tough and classy. In the film Borsalino he acted with the other French heart-throb of the time Jean-Paul Belmondo. Also a French Cinematic Icon. The opposite of French manhood: Belmondo a broken-nosed street-fighter Delon smooth but broodingly dangerous. Delon the French embodiment of the type created in America by James Dean.

T HE

F A S H I O N I C O N S

John Lennon A was an eternal style icon and music legend. Lennon was far more than a musician; he made a remarkable cultural and sociological impact on society. In the opinion of many, he created the relationship between music and fashion. As a founder of the beatles he influenced the popular music scene like no other before or since. Instantly recognisable around the world both his image and music are the essence of iconic style.

Sophia Loren, To hear her name is to automatically paint a picture of Italy, wine romance and passion, she created a image of the quintessential Italian female. Sophia even today at the age of 80 she still exudes style and elegance that makes her an icon.

Viktor Tsoi He is regarded as one of the pioneers of Russian rock even today has many devoted fans across the countries of the former Soviet Union. Few musicians in the history of Russian music have been more popular or have had more impact on the genre than Viktor Tsoi and his rock band Kino created.

Audrey Hepburn Audrey Hepburn is one of the world’s most admired fashion icons. “Breakfast at Tiffany’s” that film which everyone remembers as an iconic film. She set new fashion standards in Breakfast at Tiffany’s. Hepburn received her fourth Academy Award nomination for her work on the film. Acting in light-hearted movies and tackling more serious subjects she showed here talent as a super star of the era. She was one of the most beautiful women of the 20th century.

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Lesley Lawson, (widely known by the nickname Twiggy) is an English model, actress and singer. In the mid-1960s she became a prominent British teenage model of the swinging sixties London with others such as Penelope Tree. Twiggy was initially known for her thin build (thus her nickname) and her androgynous look consisting of large eyes, long eyelashes and short hair. In 1966 she was named â&#x20AC;&#x153;The Face of 1966â&#x20AC;?

“ villa Mirage

Paphos, Cyprus

“ T

T he location itself is part of the inspiration. Sitting on top of a hill, The site provides spectacular 360 degree views.

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CHARACTERISTICS A rare opportunity to acquire an outstanding property.

L ar ge gar age area wi th ele c tronic entr ance gates.

The total area is 2676 M2

Additional Features include:

A large central living room with high ceilings. Fully equipped large modern kitchen. • 5 Bedrooms – Each bedroom has access to a private balcony with views out to the Mediterranean Sea. • 5 Fully fitted bathrooms Large TV room and study area Infinity swimming pool. – 15m x 7m Outdoor terrace area with kitchen and BBQ dining.

Utility rooms with suppor t staf f accommodation.

• Full air conditioning • Under floor heating • Eco-friendly geothermal heat pump • High quality Italian porcelain tiles to the ground and lower floors • Fully fitted electric window blinds • High Tec security system throughout the property • Domestic staff room with shower room and kitchenette

PROPERY Location: The house is located on the eastern side of Paphos and just 40 minutes away from Limassol and 90 minutes to Larnaca International Airport. Easy access to all the islands’ main business and commercial centres including the capital Nicosia.

total area

2676m2

featured property of the month

â&#x20AC;&#x153;

Only by visiting this property can one truly appreciate and understand the space, beauty, elegance, luxurious comfort and style

inte rior

Perched elegantly on top of a hill 500 metres above sea level, on a plot of 2,676 square metres, the property SURVEYS the dramatic sweep of the Paphos coastline and beyond. No expense has been spared in drawing up the specification for this property with superior quality materials used throughout. This 6 bedroom house is designed around a spectacular living room, unconventionally shaped withdouble height, curved glass windowsfacing south to the sea which open onto a large sun terrace.

in fo+ Useful information: Paphos Airport ‐ 17 km Beach ‐ 8 km Paphos Town Centre ‐ 7 km Minthis Hills Golf Course ‐ 5 km Aphrodite Hills and Secret Valley Golf Course ‐ 17 km Paphos International School ‐ 10 km Supermarket ‐ 6 km Taverna ‐ 2 km Kiosk ‐ 2 km

Asking price:

€ 2,950,000 Furniture included Title Deeds

For further details including an on-line video and individual property web site please contact:

property@lifestyle-cyprus.com Tel: +357 977 81582

Article by: Chris Constantinides & Associates

Located In the eastern-most corner of the European Union, Cyprus is the third largest island in the Mediterranean Sea. The Republic of Cyprus was established in 1960. Cyprus has always been a popular commercial and economic centre due to its privileged geographical position. The name of the island is attributed as a result of overseas trade through the phrase Cyprium (the Latin word Cuprum - Copper), i.e. the metal of Cyprus. Since modern times the Republic of Cyprus has always been a traditional agricultural export country. Post 1974, the Republic began to shape its reputation as a reliable trade and

investment centre. The 1980s were a milestone in shaping the modern economic model of the island, with the real estate and service sectors, especially tourism being the h i g h est contributors towards GDP. Cyprus soon became a well-known tourist and retirement location setting the country firmly as one of the most popular destinations in the Mediterranean. Early 2000 was the final step which irreversibly established Cyprus as a

reliable and reputable International Business Centre. On 1st January 2003 new tax legislation was effectively adopted introducing the lowest corporation tax rate in Europe (Today only 12.5%) and one year later on 1st May 2004 Cyprus became a full member of the European Union. January 2008 Cyprus became a Monetary Union Member and adopted the Euro as the official currency.

Good to know: “Located Cyprus Business or at the crossroads of three Leisure. continents” - The island of Cyprus is on average 3 to 4 hours flight from Europe’s capitals (Athens 1.5hrs, Rome

“

2.5hrs, Berlin 3hrs, Paris & Madrid 4hrs and London 4.5hrs), 3 hrs away from Kyiv and Moscow, around 3 hours from distant Arab countries (Tehran 2hrs, Doha 2.5hrs and Dubai 3hrs) and maximum one hour away from Israel, Egypt, Lebanon, Syria and Jordan.

Legal System.

The Republic of Cyprus is a common law jurisdiction. At the proclamation of the Republic, Cyprus adopted the English Common law and the English principles of Equity, as modified since 1st of May 2004 when the Republic of Cyprus became a full member of European Union, by the adoption of European Laws, Regulations and Directives.

Tax System.

The tax legislation that came into effect 1st January 2003, aimed to conform to European Union law and the EU code of conduct and to eliminate harmful tax practices. This new tax system enabled Cyprus to claim its position as a non-offshore European business centre, a suitable location for local and worldwide investments. 2003 legislation evolved into one of the most comprehensive legislations in the EU having one of the most competitive corporate tax systems and the only EU approved “Open Registry” regime with a very wide and legally endorsed Tonnage Tax System (introduced in 2010) for ship owning, management and chartering.

The island of Aphrodite - not an ordinary work place. Cyprus provides the opportunity to enjoy life. There is a truly welcoming environment with more than 300 days of sunshine a year, the highest percentage of suitable waters for swimming in the EU and many attractions for all interests and ages. During the last decade Cyprus has become one of the most popular International Business Centres of the EU. This was due to beneficial tax and regulations for higher standards of services and living. Since becoming an international investment centre, the country has offered many investment opportunities, covering different sectors of the economy from FOREX to Oil and Gas. Moreover, as a member state, Cyprus expanded funding possibilities that led to a new era of business mind-set, resulting in investment opportunities meant to support the development of business activities in areas such as manufacturing, agriculture and agro-tourism.

Forms of Businesses

• Sole Proprietorships - Business names Individuals trading under their own names or under a trading name.

• Branches Branches are Companies’ representatives. There are two types of branches. o Local company’s branch o Foreign company’s branch • Companies There are two Company types Limited by shares or by guarantee. The most popular is Limited Liability Company by shares that is divided into two categories. o Private companies (1 to 50 shareholders) o Public companies (over 7 shareholders) • Partnerships Partnership is a legal entity that takes substance when two or more individuals

or companies form a common business. o General partnership (all partners share liability equally) o Limited partnership (some partners are investors and have no liability)

Simple Taxation

The Tax framework was formed in such a way that it is beneficial for residents and non-residents alike. Corporation tax is one of the lowest flat tax rates in the EU at just 12.5%. Dividends from Cyprus corporations paid to nonresident shareholders are exempt from any with-holding tax. Residents pay Special Defence Contribution of 17% (2014) on dividends. Personal income tax is based on residency status and tax residents are taxed on their worldwide income (exemptions apply). Cyprus offers a tax allowance of €19500. Income above that threshold is taxed at ratios beginning 20% and maximum 35% for income over €60000. Dividends and interest are exempt from personal tax (taxed under Special Defence Contribution). Company’s net income from holding Royalties and Rights is 80% exempt from Corporation Tax. Capital Gains Tax (CGT) on sale of immovable property is 20%. There is no CGT on sale of shares (except shares of a company holding immovable property). The Cyprus Tonnage Tax System is the only EU approved (compatible with the requirements of the EU acquis) shipping taxation. TTS taxes ships based on their tonnage and covers profits from shipping activities, profits on sale of vessels, interest of funds used (not for investment) and dividends paid related to shipping profits (directly or indirectly). Some people think “Why Cyprus?” considering the facts it is clearly “Why not?” -

Valentinos Constantinides

For, Chris Constantinides & Associates www.CorporationCyprus.com Tel: +357 26 100510 | Fax: +357 26 100710 Email: info@CorporationCyprus.com

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Tel: +357 269 13482 Tel: +357 997 56751 www.proto-col-cyprus.com

TARGET READERSHIP Our target readers:

who we are

Russian Speakers: - Tourists, Potential Investors, Potential Property Buyers and Potential Residents who are seeking a source of quality guidance on the lifestyle of staying and living in Cyprus, Cyprus Residents.

2. English Speakers:

- Tourists, Potential Property

Buyers, Cyprus Residents

NOTE: Russian speakers includes many countries

Including: Russia, Ukraine, Georgia, Latvia, Lithuania, Estonia, Romania, Bulgaria, Slovakia, Uzbekistan, Moldova, Israel, Armenia and Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and others.

Copies: 5,000 per issue Published: Monthly Distribution: Cyprus, Russia, Ukraine, united kingdom

A NEW lifestyle magazine for Cyprus

unique opportunity to advertise

Cyprus Lifestyle is the first high quality magazine published and distributed in Cyprus and Russia to focus on LIFESTYLE and opportunities to purchase property via Cyprus Property Marketing.

Cyprus Lifestyle magazine offers our advertisers a unique opportunity to advertise in the first high quality magazine in Cyprus focusing on:

This exciting new magazine is published in two languages: English and Russian. We use the 50/50 back to back flip over printing and binding method.

ENGLISH & RUSSIAN Opportunities for advertisers in the real estate industry: PROPERTY LISTINGS, PROPERTY FEATURES, PROPERTY NEWS are connected to RESIDENCY, IMMIGRATION, and CITIZENSHIP PROCEDURES. Cyprus Lifestyle magazine provides property advertisers with the opportunity to promote real estate via a separate web site – Cyprus Property Marketing

Luxury Living & Lifestyle in Cyprus

Editorial and Features include: CYPRUS LIFESTYLE, GOLF, WINE, LUXURY CARS, FURNITURE, DESIGNER CLOTHES, RESTAURANTS, YACHTS, BOATS, VIP CHARTER FLIGHTS.

2. 3.

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Cyprus Lifestyle provides our target readers with interesting editorial and featured advertising in Business related topics: OIL & GAS, ENERGY, ECONOMIC TRENDS, FOREX, COMPANY REGISTRATION SERVICES, LAWYERS, ACCOUNTANTS, HOSPITALS AND MEDICAL CLINICS, RETAILERS FOCUSING ON LUXURY BRANDS, HEALTH SPA’S, BEAUTICIANS & HOTELS.

Property Advertising pre-paid Rate advertising Listings & Featured Card discounts Cyprus Lifestyle Magazine Special discounts available Properties offers a unique opportunity for pre-paid advertising RATE CARD for advertisers contracts:

RATE CARD â&#x201A;Ź 2014

Inside Front Cover

800

210mm x 297mm (3mm Bleed)

Double Page Spread

Half Page ROP

pre-paid advertising contracts discounts

660

6 Months

20%

375

9 months

22%

195

12 Months

25%

200mm x 139mm

Quarter Page

(five) properties per page One photograph and text for each proper ty supplied in English. Translation into Russian free of charge.

15%

210mm x 297mm (3mm Bleed)

95mm x 139mm (Portrait Only)

Special offer rates apply for Property Developers, Real Estate Agents and Brokers

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All discounts are subject to the full contractual amount being paid in advance on or before the 20 th of the month preceding the print of the first advert.

Featured Properties

One property or project or development per page. Four photographs per page plus text. Translation into Russian free of charge. All properties will be included on our web site www.lifestyle-cyprus.com

Terms and Conditions Completed advertisements must be received by the 14th of the month. Magazine is printed on 28th of each month Advertisements requiring significant changes and design should be received by 10th of the month. Copyright Terms held by Cyprus Lifestyle Magazine

Files should be sent as PDF (Text, Fonts & Images should be embedded) (MS WORD DOCUMENTS CANNOT BE ACCEPTED AS FINAL DESIGN)

Please send via e-mail. Daniel@mm-agencies.com All design and production enquiries to: Daniel McAllister â&#x20AC;&#x201C; Tel: +357 962 85712

All prices are pl-us VAT at 19% Net prices exclude VAT which must be added at the current rate in Cyprus of 19%

Advertising must be paid in advance or after approval and signed off before going to print. Payment must be received by 20th of each month. (Payments acceptable by cash, cheque or bank transfer)

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The etymological derivation of the word ‘Cyprus’ comes essentially from the tree that is responsible for the production of black gold. The Carob tree (Ceratonia silique) known locally today as Teratsia was in years gone by known as Keratea xeylokeratea. This tree was considered so representative of the Island back in the day that Cyprus was once called Kerasteia. The Carob tree has a history spanning back over some four thousand years.

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aybe not so much now but once upon a time the fruit of the Carob tree was extremely valuable for villagers since at the time they represented the main source of income for the rural population. Going much further back it is said that carobs were an important part of St. John the Baptist’s diet, hence the humble carob was also known as the “bread of St. John the Baptist” and according to the Bible it is carob that sustained the ‘prodigal son’.The Carob is also known as the ‘locust bean’ The Jews used to hide from the Romans amongst the carob branches and eat the fruit to survive. The other link between the carob and gold stems from ancient Greece. The carob was called ‘keration’ and the weight of precious stones and gold were measured against the seeds of the carob because of their consistent size and weight. The Latin variation of the word ‘keration’ became ‘carat’ and the Roman pure gold coin – the solidus, weighed 24 carob seeds. Thus the number of seeds became the measuring stick for all the remaining qualities of gold. Later, this weight was fixed at exactly two grams. Carobs are extremely nutritious. They have a far richer calcium content than milk and contain some 350 mg per 100 grams. Carobs contain 4% protein and 63% carbohydrates. They are also rich in phosphorus, vitamins A and B and also have iron, nitrates and other minerals in smaller quantities. Used as fodder to feed animals, Carob is also used in human food products and is often substituted for chocolate and cocoa. The main commercial product of the Carob, however, is the syrup that is used in the manufacture of biscuits, chocolate and other confectionary. Medicinal products such as cough linctus are also made from the bark and roots of this versatile plant.

To make home - made carob syrup

There are many benefits Lowers Blood Cholesterol Levels: Carob naturally contains polyphenols, which help with blood cholesterol levels in a way similar to dietary fiber. Dietary fiber helps lower cholesterol levels. A 2010 issue of “Plant Foods for Human Nutrition” reported on a human study that found a 4-gram serving of polyphenol-rich fiber twice a day led to a decreased level of serum lipids.

Natural Antioxidant:

The polyphenols in carob are also powerful antioxidants, protecting your body from damage from free radicals and environmental toxins. A 2002 publication of the “Journal of Agricultural and Food Chemistry” included an in vitro study of the antioxidant ability of carob pod polyphenols. The study determined that even the pods of carob contained polyphenols. These were shown to have a distinct antioxidant ability when adjusted for polyphenol concentration, which was lower in the pods than in the beans.

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contains polyphenols, which help with blood cholesterol levels in a way similar to dietary fiber. Dietary fiber

helps lower cholesterol levels.

Remove the seeds from the pods, soak 300g of broken up carob pod in 750ml water for 12hr, process in a blender in small portions, continue soaking for 30-35hrs. Filter though a linen towel and pour into bottles. Place in the fridge for a day to settle. Filter the solution through cotton wool in a funnel, measuring the volume at intervals until it represents 15% of the original solution. Care needs to be taken to prevent the syrup from turning into solid caramel. The syrup makes a delicious topping for ice cream, in milk shakes or in savoury dishes as a marinade for meat.

#2 To make carob powder: Pressure-cook the pods with water for 20min. This softens the pods and aids seed removal. Discard seeds and cut pod into small pieces then dry. When dry place in a blender and grind into a powder as required.

#3 To make sweet carob cubes 2 cups sugar, 1/4 cup butter, 3/4 cup ground carob, 2/3 cup milk, 1 tsp vanilla essence, pinch of salt. Place all ingredients except vanilla in a heavy saucepan and bring to the boil stirring constantly. Simmer until liquid reaches the soft boil stage. Remove from heat and add vanilla. Beat mixture until thick. Pour into a buttered tray or dish and allow it to cool. Cut into cubes.

situated in the most exclusive area of limassol

Luxury in

Limassol Cyprus KALOGERI GERMASOYIA LIMASSOL This unique property was designed by an award winning cypriot architect, Xenios Economides, in the style of Richard Meier the famous american architect. The villa is situated in the most exclusive area of Limassol with exceptional panoramic views. Located in a peaceful area of Kalogeri, away from the noise of the motorway, only 5 mins from the beach, luxury hotels and cafes. Original ar t work and decorative installations. The villa position on the plot is designed to give maximum interior space over the three floors.

Three floor detached villa Full title deeds Covered area of 598 m² Plot area of 1012 m² Stylish Elevator Overflow swimming pool Free own water supply for pool and garden CCTV and alarm system Exceptional German fitted kitchen German doors and windows Italian Wardrobes O r i g i n a l a r t wo r k a n d d e c o rative installations

“

Interior Ground Floor Swimming pool level • Large open plan hall, staircase and elevator access • Computer, CCTV and electrics room • Very large storeroom – possible home cinema or gym has many potential uses both domestic or commercial • 1st large reception room with french doors opening out to balcony, terrace, bar and entertainment area • 2nd large reception room – sound proofed with french doors looking out to the swimming pool • WC • Kitchen and laundry room – fully equipped • Bedroom with en suite bathroom.

1st Floor Entrance level • Open plan entrance hall • Guest WC • Electrics cupboard with storage • Staircase and elevator access • Salon and dining area – ‘real flame’ gas fire, large window with French doors • Family sitting room has a working fireplace and large folding doors which lead onto a large balcony suitable for dining and relaxing overlooking the bar/ swimming pool area • Fully fitted Kitchen includes many Gaggenhau appliances and features a huge built in refrigerator by the Corner Fridge Company • A door at the rear of the kitchen opens out to the side of the house with access to the refuse collection cupboard, log storage, and the front and rear of the property

featured property of the month

2nd Floor Bedroom Level • Hall • Staircase and elevator access • Access to front balcony

Bedrooms 6 in total • Master bedroom with en suite bathroom, very large walk in wardrobe/ dressing area and French doors leading to a large balcony • 2nd bedroom with en suite shower room, walk in wardrobe and French doors to metal balcony • 3rd, 4th and 5th bedroom with fitted mirrored wardrobes • Family shower room

Internal Features

Electricity Supply: 3 phase Telecommunication: Internet, computer, phone and TV points throughout Water: Water softener and pressurized system, heating solar and gas Central Heating: Gas • Ground floor and second floor radiators • First floor living level under-floor heating

Air Conditioning Lighting: High quality low energy • Emergency Lighting on all floors Elevator: KONE gearless EcoDisc Staircase: Glass and metal Flooring: Italian ceramics Heat Alarms: Kitchen Burglar Alarm: Lysi system monitored by DC Feel Secure CCTV: Front and rear of property Fitted Kitchens: ALNO from Germany • Appliances to professional standard • Gaggenau ovens, warming drawers and hobs

Work Surfaces: Italian granite Fitted Wardrobes: SANTA ROSA from Italy Doors: Internal and external as well as French doors from Germany Windows/Shutters: Made in Germany (all shuttered glass doors have insect screens) Artworks: All original artworks and installations in the house will remain The exterior of the property is low maintenance.

Salon and dining area – ‘real flame’ gas fire, large window with French doors

“

Front of Villa

• Remote controlled gates to parking area • Parking area could easily convert to garage • Stainless steel sculpture by internationally famous sculptor Konstantinou Konstantinos displayed in front of glass brick wall • Store for wood at side near kitchen door • Refuse cupboard - collections early Monday and Thursday mornings • Stairs on both sides of villa leading to swimming pool level

Exterior Rear and Sides of Villa – Ground Level

Left side

• Dog kennel area • Storage cupboard • Sliding Glass doors from 6th bedroom

Right Side

• Gas tank • Central heating control room Gas Boiler and water softener Storage

Central Area

• Bar and entertainment covered area Fitted cupboards, granite work surfaces, large refrigerator and bar stools Ceiling fans Side and rear pvc curtains by Domex • Overflow swimming pool – tiled by Saratoga • Pool Plant room with storage • Changing room with Shower and WC

External Features

• Lighting • Exterior low energy lighting • Sensor security lights • Remote controlled gates • CCTV security cameras • Base for satellite dish on roof - 3.8m dish available • Lightening conductor • Solar panels for water heating • Free own water supply

€ 2.6m • Complete with Title Deeds For further information or to arrange a viewing:

email: property@lifestyle-cyprus.com Tel: +357 97 781 582

We save you the time of visiting hundreds of web sites trying to find a property that meets your requirements. We do the hunting for you. How does it work?

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Property

T i tle Deeds in Cyprus

hen you purchase any property

Cyprus

it is importa n t to

u n derstand the situation with title deeds. A Title Deed also known as a

â&#x20AC;&#x2DC; C ertificate

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of I mmovable Propertyâ&#x20AC;&#x2122; is the real proof of ow n ership.

or British buyers and many other countries in Western Europe it is a common assumption that when you buy a property your lawyer will ensure that the property is transferred into your name immediately after completion of the sale. The appropriate ‘Land Registry’ will be informed by your legal representative and your name will be recorded as the owner of the property you have recently purchased. If you have paid cash for the property you will receive the ‘Deeds’ to the property within a few weeks after the transaction has been legally registered. Alternatively if you have purchased the property using a mortgage then the relevant deeds will be deposited with the mortgage provider.

n Cyprus it can take many years for the new owner of a property to receive the Title Deeds. If you are buying a new property from a developer it could take many years until the whole project has been completed/sold before any deeds are issued to individual ‘new owners’.

his is why some buyers are attracted to purchase a property on the ‘resale market’ where the current owner already h as p o s s es sio n o f a t i t l e d e e d.

A Title Deed also known as a ‘Certificate of Registration of Immovable Property’

lients from Eastern Europe, Russian Federation and China are fully prepared to accept this process as they have no previous experience of any Land Registry in their own countries. The sale agreement organised by a lawyer is recognised as the proof of ownership. yprus Property Marketing advises all buyers to consult an independent lawyer in Cyprus or a foreign lawyer who specialises in Cyprus property law, before completing the purchase on any property.

If you are interested in Harley Davidson motorcycles you must pay a visit to â&#x20AC;&#x2DC;The Chopfatherâ&#x20AC;&#x2122; Also known as Marios Hadjikyriacou a 35 year old custom motorcycle builder based in Kato Paphos, Cyprus.

If you are interested in Harley Davidson motorcycles you must pay a visit to ‘The Chopfather’ Also known as Marios Hadjikyriacou a 35 year old custom motorcycle builder based in Kato Paphos, Cyprus. Marios has a strong passion for motorcycles and started to modify bikes from a young age. He has a passion for action with two older brothers owning their own Harley Davidson motorcycles - a Softail Heritage and a Softail FatBoy.

“recoveRy 24/7 services

For more information please visit www.marioschoppers.com email: marioschoppers@cytanet.com.cy Tel:+357 99436911

Marios works incredibly hard and long hours personally customising all motorcycles, his own Harley Davidson

Softail Springer has undergone major transformation into a custom Chopper in recent years. A wide variety of custom made parts are all personally made by Marios, including exhaust pipes, fenders, handle bars, tanks and other accessories. Clothing, helmets and other parts and accessories are also available to order from Marios. He offers a 24/7 recovery service and many motorcycles for sale are listed on his website: www.MariosChoppers.com Marios Choppers Custom Workshop is located in Kato Paphos near the harbour. Near the new Kings Avenue Mall traffic lights.

See Fish...Eat Fish Imperial Restaurant is located in downtown Kato Paphos in the main street. Our upstairs restaurant is double the fun for everyone who loves seafood If you want Oysterâ&#x20AC;&#x2122;s no problem. If you want Fresh Lobsterâ&#x20AC;&#x2122;s no problem. Our second floor restaurant features open views overlooking Kato Paphos, a balcony with plenty of outdoor seating and a wine room for semi-private parties. Guests can make waves in our restaurant, we are here to serve you. FISH is what

we know about. Try one or more of our signature cocktails, wines by the glass and our countless varieties of fresh fish and shellfish. If you are hooked on FISH come and visit us soon.

To reserve a table please call in advance. Imperial Chinese Restaurant 18 Poseidonos Avenue Paphos, 8042 Cyprus email:imperialchinesepaphos@hotmail.com www.imperialchinesepaphos.com

Tel: 26954010

Restaurant

The Imperial greets you with the visual beauty that has been developed within its interior and is matched by the superb dishes that have been created on the menu.

estaurant

The recently new menu offers some great new tastes including Thai dishes, Meat Specialities, Beef, Pork, Duck, Prawns, Chicken, Vegetable Dishes and Noodles and of course Fish Dishes. The Imperial’s menu is one that offers a wide variety, not only in dishes, but also in taste. You will find yourself sharing dishes with others at your table or planning your next trip so you can try other dishes on the menu that you have yet to taste.

If you are looking for special Chinese style fish dishes you could try the seafood soup,

“

The Imperial’s menu is one that offers a wide variety, not only in dishes, but also in taste.

Imperial Chinese Restaurant

18 Poseidonos Avenue Kato Paphos, 8042 Cyprus Tel: 26954010 email: imperialchinesepaphos@hotmail.com

followed by Fried Prawns or Mussels with garlic or oyster source as a starter then on to the main course of fish with green peppers or sweet and sour fish. The rice dishes are so tasty with special fried rice or the noodles – shrimps chow mein as a side dish.

For those of you who are vegetarians you might like to try the special vegetarian set menu for two people.

Spring Rolls, Mixed Vegetable Chop Suey with Bamboo shoots and mushrooms, Vegetables Chow Mein with Egg Fried Rice. Nice and tasty for just €14.50 per person.

The Republic of Cyprus is an island country in the Eastern Mediterranean Sea and the third largest and third most populous island in the Mediterranean. Importantly for investors it has been a member state of the European Union from 2004.

Choosing Cy p r u s

Cyprus is small in relation to most other European nations with a population well under 1 million. The main commercial cities, which are only 45 minutes apart by car, are Nicosia (the capital) and Limassol. Cypriotâ&#x20AC;&#x201C;Russian relations between the Republic of Cyprus and the Russian Federation began in 1960 when the USSR established diplomatic relations with the newly independent Republic of Cyprus. Cooperation between both countries has increased since the 1990s and the fall of the USSR.

A Developed Banking System

Cyprus offers a developed banking system and very competitive personal and corporate tax regime for foreign nationals who are thinking of using Cyprus as a tax base and it is notable that co-operation with Russian regions such as Tatarstan, St. Petersburg and Krasnodar Region is growing. As well as Cypriot banks (the largest of which is the Bank of Cyprus) there are branches or administrative offices from banks in Greece, Latvia, France, Russian and the Ukraine.

Benefits

Cyprus offers the benefits of English common law which businesses often consider to be more flexible when drawing up contracts. Cyprus offers an advanced and flexible tax system for holding company and trading company structures which cannot be replicated easily anywhere else in Europe and enjoys one of the lowest corporation tax rates in the EU of 12.5%.

Recent Influential Legislation

Cyprus is a member of the European Economic Area and the European Union having enacted MiFID into its local legislation in 2007

There have been two recent pieces of legislation that influence the way in which financial companies operating in Europe conduct business. The first is the Insurance Mediation Directive (IMD), the second, and larger more significant piece of legislation is known as MiFID which stands for the Markets In Financial Instruments Directive. MiFID is followed by the 30 countries in the European Economic Area (being the 27 countries of the EU plus Iceland, Liechtenstein and Norway) and provides a standardized regulatory framework for financial services firms operating in the EU. Importantly, it allows one firm to “passport” its services into another country as long as it holds the relevant MiFID license. Cyprus is a member of the European Economic Area and the European Union having enacted MiFID into its local legislation in 2007 which means that Cypriot based FX brokeragees (as well as other types of investment firms) can offer their services to citizens of any other EEA country. The regulator responsible for ensuring that MiFID is implemented correctly in Cyprus is the Cyprus Securities and Exchange Commission based in Nicosia, known as CySEC. Due in part to its low corporate tax rates and European Union membership many financial companies are attracted to Cyprus and the island boasts a large financial sector. As well as brokerage firms there are many companies based in Cyprus which specialize in company maintenance & administration services, such as Eltoma which also has an office in Moscow. There are also specialist firms such as MAP S PLATIS based in Limassol that offer a range of necessary financial services including helping organizations obtain the necessary MiFID license to offer financial services in Cyprus. The attraction of Cyprus means that FX brokerages, investment firms and offshore formation and maintenance companies are able to recruit the multilingual and financially qualified

“

The attraction of Cyprus means that FX brokerages, investment firms and offshore formation and maintenance companies are able to recruit the multilingual and financially qualified staff

staff that they need such as investment specialists, traders, risk managers and anti-money laundering and compliance officers.

The Future

The recent banking crisis has done little to dent Cyprus’s appeal for many different types of businesses looking to establish a base in Europe, especially financial services companies, with new forex brokers applying for licenses every month. As long as Cyprus continues to offer competitive rates of corporation tax and remains a member of the European Union the island is likely to remain a favoured location for forex brokers and other corporate entities. The author of this article, Dr. Darryl Brock, is Head of Investment Advice at FM Investment Services, a Cyprus Investment Firm licensed by CySEC specialising in the provision of tax efficient investment advice to individual and corporate clients.

Iliya Keremidchiev Artist

Short Biography. Born in the summer of 1962 in the city of Panagiouriste, Bulgaria, Iliya Keremidchiev

completed his education at the School of Fine and Applied Arts in 1983. His creative identity is influenced primarily by the contempor ar y Impressionis t m o v e ment and that of the Cubists. He draws his inspiration from a variety of topics, the first of which is human nature. Man is a reference point in most of his projects through which the human psyche

His creative identity is influenced primarily by the contemporary Impressionist movement and that of the Cubists

â&#x20AC;&#x153;

is exposed.

Throughout his creative path and until now, Iliya participates in numerous group exhibitions. In 1998 he moved to the Greek island of Crete which marked a new, creative beginning. He lived there for the next ten years, where his work was inspired by the Mediterranean temperament and flair of the island. For the past three years Iliya Keremidchiev has been living and working in Cyprus.

HK CONTACT DETAILS

+ 357 96 761808 iliyakeremidchiev@gmail.com

Many of his works have been exhibited in Bulgaria in the past years but present focus is on private commissions, portraits, still life and landscapes. The richness of colour form the Mediterranean landscapes, the sea, the ever changing light mixed with the character of the people can be felt in many of his paintings. There is a uniqueness and harmony that makes every painting easy to live with and as comfortable as the land itself.

consectetur, from a Lorem Ipsum passage, and going through the cites of the word

“

Town

Square The philosophy

at U pTown Squa r e is to consistently provide their customers with i m pecca b le s e rv ic e

“

UpTown Square Group

If you are looking for great service together with excellent food, a visit to anyone of the five restaurants owned and managed by the UpTown square group will exceed your expectations. Attention to detail with an attitude of ‘little things matter’ has proved to be the recipe for success for this Limassol based business. Each of the five restaurants has its own history and individual ambiance that includes Chester’s Bar & Restaurant, Zen Room Sushi & Teppanyaki Bar, Chi Lounge Modern Chinese Cuisine, eStilo Fusion Tapas Bar and Malindi Beach Bar. What unites them is the team of true professionals working together and all dedicated to their calling. The philosophy at UpTown Square is to consistently provide their customers with impeccable service by demonstrating warmth, efficiency, professionalism and integrity at all times. Attention has been paid to every detail of restaurant operations and has helped them to achieve and maintain distinction in food and wine, service, atmosphere and settings that has gained their restaurants a first class reputation for gastronomy, gracious and informed hospitality, comfort and beauty which bring new and repeat customers back to visit them year after year.

01. Chesters Bar & Restaurant

Лучшее место в городе, где Вы можете расслабиться, насладиться качественной едой, привлекательными коктейлями и невероятным выбором музыки. Каждый визит станет для вас незабываемым впечатлением. Независимо от сезона, независимо от причины, они всегда рады видеть вас. Ресторан Chester действительно является одним из тех мест, где мелочи имеют значение.

02. The ZEN Room If you are looking for sushi, The Zen Room is one of the best in Cyprus. A gathering place to meet, relax and enjoy a variety of quality dishes. Zen Room is one of the few restaurants that provides a balance between glamour, sophistication, comfort and relaxation together with a delightful menu. The special platters have a variety of sashimi, sushi, maki and roe and they are a great dining option for raw seafood lovers. Zen Room offers great food and many options (not all is raw fish) to choose from and a rich wine list.

03. Chi Lounge Starting with the idea to create a truly unforgettable oriental experience, a 2 year process of bringing it to reality has been completed. By paying attention to detail, from design and construction, to choosing the ideal garnishes for exquisite dishes, they have created an altogether new dining experience for customers. For over a year a team of seasoned chefs have been creating a menu with almost 100 dishes, where each and every one has been carefully sampled, selected and finalized to surpass your expectations.

04. eStilo Bar

Opened at UPTOWN SQUARE in the summer of 2011, offering an exciting way to enjoy summer nights, it welcomes you after 7:00pm (summer nights only) with live DJ, selection of delicious cocktails, wines and beers, fine fusion tapas menu and high quality Shisha. Making it a perfect choice for a night out, or a great spot to stop for a few cocktails before or after dinner. eStilo Bar is a part of Uptown Square Group of Restaurants, located at: 194, Amathountos Ave., Limassol. (Situated between Chesterâ&#x20AC;&#x2122;s and Zen Room restaurants)

05. Malindi Beach Bar The latest addition to the Uptown Square group of restaurants. Starting November they start serving coffees and other beverages from 7 am. Breakfast and light snacks from 8 am.

Here you will find they have managed to create the perfect balance between contemporary living and the beautiful nature of Cyprus. During the day customers are invited to enjoy the sunshine on the luxurious sun bed loungers and enjoy refreshing drinks, a light snack or choose from the full lunch menu. Alfresco dining at a later hour, surrounded by the sound of the sea, palm trees and glowing lights. Malindi Bar is located across the road from St. Raphael Marina, Limassol.

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Aphrodite Homes Aphrodite Hills is one of the most luxurious resorts in the Mediterranean set in a spectacular location across 234 hectares surrounded by protected forestry with an unspoilt natural landscape.

Aphrodite Hills Resort George Elias

Set between two gently sloping plateaus with olive and carob trees dotted in between planted herbs throughout providing unspoilt views in an atmosphere of perfumed scent amongst the ultra luxurious privately owned properties situated throughout the spectacular Aphrodite Hills Resort. Aphrodite Hills is beyond any doubt the most luxurious private development on the island of Cyprus. The award winning Aphrodite Hills Resort is the first fully integrated Golf, Leisure and Real Estate Development in Cyprus and combines the ultimate living experience in the world of Luxury and Lifestyle.

CONTACT

Combining tranquillity, exclusivity, a liberal helping of both myth and legend, Aphrodite Hills Resor t includes a world - class 18 - hole championship-standard golf course designed by the acclaimed architect Cabell Robinson.

Aphrodite Hills is beyond any doubt the most luxurious private development on the island of Cyprus.

An Annabel Croft Tennis academy, a 290 room 5-Star Hotel, the Greco-Roman award winning Retreat Spa, Village Square, Horse Riding facilities, a state of the art Children’s club, two beach clubs, 24 hour security and over 14 bars and restaurants offering a wide selection of international cuisine.

Hills has become “ T he Address” of the Mediterranean and offers some of the most luxurious properties the island has to offer. The beauty of the resort is also the lush landscape it has to offer and with only 8% of the net land area for development, there is no wonder why Aphrodite Hills is the place to be.

The Privately owned properties at Aphrodite Hills are built to the highest standard in traditional Cypriot style and architectural excellence so they blend in with the beautiful landscaped surroundings that Aphrodite Hills has to offer.

Aphrodite Hills is the ultimate in luxury living.

With the master planning taking over twenty year s, taking also in consider ation the archaeological and historic heritage, Aphrodite

Aphroditehomes.com is part of Patmos Estates Agency. (A registered and fully licensed Real Estate Agent) Aphroditehomes.com has a base at Aphrodite Hills so are on hand to take care of any immediate requests or viewings. With over twenty five year’s experience they have the knowledge and know how to guide you through buying your luxury home. Patmos recently teamed up with

Aphrodite Homes - Luxury Property Sales Aphrodite Hills Resort Kouklia, Paphos, Cyprus +357 99 007 088 +357 7000 7089 www.aphroditehomes.com email: george.elias@aphroditehomes.com

Mr George Elias and Aphroditehomes.com was created. Mr George Elias has been involved in the development of the Aphrodite Hills Resort from the beginning and is well respected by the home owners and resor t staf f for his honest professional work ethics. In the Cyprus property community he is known as ‘Mr Aphrodite Hills’. Aphroditehomes.com sells exclusively only at Aphrodite Hills and provides a comprehensive range of luxury services but the core of the business is the luxury residential Real Estate at Aphrodite Hills. Working with international contacts worldwide and simply offering an honest and professional ser vice, A p h r o d i t e homes.com is there to help you when looking for property at Aphrodite Hills.

APHRODITE HILLS PROPERTY SALES Aphrodite Homes.com is part of Patmos Estate Agency, Licensed & Registered Real Estate Agent, License No 190 & Registration No 180.

exter ior

01 i nt e r i o r

Property code: AH113V

www.aphroditehomes.com | Aphrodite Homes - Luxury Property Sales, Aphrodite Hills Resort, Kouklia, Paphos, Cyprus | +357 99 007 088 | +357 7000 7089

A p h r o di t e Hills villa l u x u ry p r o p e rt y One of the most beautifully designed villas on Aphrodite Hills. Designed by the owners on a uniquely positioned plot of 3131 m2, with no expense spared, stylish and grand are just two words to describe this unique villa. Fully sculptured gardens greet you when you approach. As you enter the villa there is a grand foyer that leads into spectacular living quarters with a double height ceiling, large glass doors that provide a panoramic view across the main ravine of the resort. * Одна из самых красиво оформленных вилл на курорте Aphrodite Hills. Разработана владельцами на уникально расположенном участке 3131 м², без экономии в расходах. Стильная и великолепная – достаточно этих двух слов, чтобы описать эту уникальную виллу. Сады, заполненные скульптурами, приветствуют вас на подходе к вилле. Как только вы заходите в виллу, вы попадаете в грандиозный холл, ведущий в эффектные жилые помещения, с двойным потолком, большими стеклянными дверями, которые обеспечивают панорамный вид на главный овраг курорта.

4-Bed, 4-Bath Super Luxury Villa 4-Bed, 4-Bath Super Luxury VillaTotal Plot Area: 3131 m2 Approx. Covered Area: 404 m2

Price:

€2,500,000

Property code: AH113V

Aphrodite Homes.com is part of Patmos Estate Agency, Licensed & Registered Real Estate Agent, License No 190 & Registration No 180.

Property code: AH116P

Luxury detached Villa If it’s luxury you are looking for than this villa is it. Built on the eastern plateau of the famous Aphrodite Hills Resort on an elevated plot of 1537 m2, it has the most spectacular views across the resort. Built to a very high standard by the current owner, no expense has been spared on this magnificent property. With four beautiful bedrooms, each with their own luxury fitted wardrobes and lavish finishes. * Если роскошь – это то, что вы ищете, значит, эта вилла для вас. Построенная в восточной части плато известного курорта Aphrodite Hills на возвышении в 1537 м², она имеет наиболее впечатляющий вид на курорт. Вилла была построена, согласно очень высоким стандартам нынешнего владельца, любая экономия была исключена при создании этой великолепной недвижимости. С четырьмя красивыми спальнями, роскошными встроенными шкафами и шикарной отделкой в каждой из спален.

4-Bed, 3-Bath Luxury detached Villa Villa Total Plot Area: 1537 m2 Approx. Covered Area: 250 m2 Price:

€1,695,000

Property code: AH125V

www.aphroditehomes.com | Aphrodite Homes - Luxury Property Sales, Aphrodite Hills Resort, Kouklia, Paphos, Cyprus | +357 99 007 088 | +357 7000 7089

Junior Villa This is an absolutely stunning 3-Bedroom Junior Villa sitting gently on the side of the ravine in the latest development Theseus Village in the prestigious Aphrodite Hills Resort. The property gives you the ultimate lifestyle experience and only a few minutes walk to the main village square inside the resort. *

Это совершенно восхитительная Junior Villa с 3 спальнями, мягко расположившаяся на стороне оврага в одной из последних разработок Theseus Village престижного курорта Aphrodite Hills. Эта недвижимость дает опыт максимальной полноты жизни и находится всего в нескольких минутах ходьбы от главной площади Theseus Village курорта.

3-Bed, 2-Bath Junior Villa Total Area: 191 m2 Price:

€795,000

Property code: AH116P

Property code: AH125V

Aphrodite Homes.com is part of Patmos Estate Agency, Licensed & Registered Real Estate Agent, License No 190 & Registration No 180.

Property code:AH139V

Luxury detached Villa

A charming 3-bedroom villa sitting gently on the side of the ravine in the world famous Aphrodite Hills Resort.This stunning villa has one of the most spectacular panoramic views to the Mediterranean Sea.Outside you have plenty of entertainment areas around the spectacular infinity-edged pool and finely manicured gardens. This is a rare opportunity to buy a front line villa on the lavish resort at an extremely reasonable price. Viewing is highly recommended. * Очаровательная 3-х комнатная вилла, мягко расположившаяся на стороне оврага во всемирно известном Aphrodite Hills Resort. Эта потрясающая вилла имеет один из самых зрелищных панорамных видов на Средиземном море. На территории курорта вас ждет множество мест для развлечений, впечатляющий бассейн Infinity и искусно ухоженные сады. Это редкая возможность приобрести виллу на первой линии богатейшего курорта по очень разумной цене. Посещение с целью просмотра настоятельно рекомендуется.

3-Bed, 3-Bath Luxury Detached Villa Total Plot Area: 1475 m2 Approx. Covered Area: 200 m2 Price:

€999,950

Property code: AH150V

www.aphroditehomes.com | Aphrodite Homes - Luxury Property Sales, Aphrodite Hills Resort, Kouklia, Paphos, Cyprus | +357 99 007 088 | +357 7000 7089

“House of Dreams” Welcome to the “House of Dreams”, one of the most amazing villas built in the world famous Aphrodite Hills Resor t. Custom built by the current owners to one of the highest specifications. On a magnificent plot of 1320 m2, touching on the edge of the 6th green commanding spectacular views across the prestigious course. *

Добро пожаловать в «Дом Мечты», одну из самых удивительных вилл, построенных во всемирно известном курорте Aphrodite Hills Resort. Вилла была построена по заказу нынешних владельцев, согласно требованиям одних из самых высоких спецификаций. Расположена на великолепном участке площадью 1320 м², касаясь края шестого зеленого внушительного участка с открывающимся захватывающим видом.

4-Bed, 3-Bath Luxury Detached Villa Total Plot Area: 1320 m2 Approx. Covered Area: 260 m2 Price:

€1,950,000

Property code:AH139V

Property code: AH150V

Aphrodite Homes.com is part of Patmos Estate Agency, Licensed & Registered Real Estate Agent, License No 190 & Registration No 180.

Property code:AH177P

Luxury Villa We are proud to present an absolutely stunning luxury villa on the world-renowned Aphrodite Hills Golf Resort. This spectacular 5-bedroom, 5- bathroom villa sits proudly on a grand flat plot of over 2600 m2, set in a very quiet cul-de-sac. The grounds are magnificent, with a long driveway easily fitting several cars and lavish mature landscaped gardens. It has spacious living quarters with double height ceiling, separate kitchen/ diner with granite worktops and all fixtures and fittings. * Мы с гордостью представляем абсолютно потрясающую шикарную виллу на всемирно известном Aphrodite Hills Golf Resort. Это впечатляющая 5-комнатная с 5-ю ванными комнатами вилла гордо разместилась на большом плоском участке площадью более 2600 м², расположенном в очень тихом уголке. Великолепная территория с длинной подъездной дорогой в обрамлении роскошных садов, легко вмещающей несколько машин. К услугам гостей предлагаются просторные жилые помещения с двойным потолком, отдельной кухней/столовой с гранитной столешницей и всем необходимым оборудованием и приспособлениями.

5-Bed, 5-Bath Detached Villa Total Plot Area: 2649 m2 Approx. Covered Area: 350 m2 Price:

€1,400,000

Property code: AH183V

www.aphroditehomes.com | Aphrodite Homes - Luxury Property Sales, Aphrodite Hills Resort, Kouklia, Paphos, Cyprus | +357 99 007 088 | +357 7000 7089

Townhouse

We are pleased to offer you an absolutely stunning townhouse in the award winning Aphrodite Hills Resort.This stunning 2-Bedroom Townhouse is situated in the upmarket Hestiades Green, overlooking the fabulous putting green and the prestigious Clubhouse of the world renowned Golf Course. Entering the property, you are greeted with a spacious lounge diner and opened planned kitchen with granite worktops and the latest brand appliances fully fitted. * Мы рады предложить Вам совершенно потрясающий таунхаус, отмеченный наградами Aphrodite Hills Resort. Этот потрясающий 2-спальный дом расположен в престижном Hestiades Green, с видом на сказочные поля для гольфа и престижный Clubhouse с мировой известностью гольф-клуба. На входе в дом, вас приветствует просторная гостиная с лаунж-зоной и открыто спланированной кухней с гранитными столешницами и полностью оборудованной новейшей фирменной техникой.

2-Bed, 2-Bath Townhouse Total Area: 120 m2 Price:

€395,000

Property code:AH177P

Property code: AH183V

Aphrodite Homes.com is part of Patmos Estate Agency, Licensed & Registered Real Estate Agent, License No 190 & Registration No 180.

8 Luxury Villa We are proud to present a magnificent super luxury villa on the prestigious Aphrodite Hills Golf Resort. This fabulous 5 bed, 5 bath detached villa is set on a grand double plot of 2680 m2 sitting on the edge of the 4th fairway of the championship golf course. Entering the villa you are greeted with a spectacular lounge with double height ceilings with a stunning wood burning fireplace and full glass doors. Viewing highly recommended. * Мы с гордостью представляем великолепную супер роскошную виллу на престижном Aphrodite Hills Golf Resort. Это сказочная с 5 кроватями, 5 ваннами вилла находится на большом двойном участке в 2680 м², расположенном на краю 4-го прохода профессионального поля для гольфа. На входе в виллу, вас будет приветствовать потрясающая гостиная с двойными потолками и великолепным камином на дровах и полностью стеклянными дверями. Посещение с целью просмотра настоятельно рекомендуется.

5-Bed, 5-Bath Super Luxury Villa Total Plot Area: 2680 m2 Approx. Covered Area: 316 m2 Price:

€2,295,000

Property code: AH183V

www.aphroditehomes.com | Aphrodite Homes - Luxury Property Sales, Aphrodite Hills Resort, Kouklia, Paphos, Cyprus | +357 99 007 088 | +357 7000 7089

Property code: AH183V

Aphrodite Homes.com is part of Patmos Estate Agency, Licensed & Registered Real Estate Agent, License No 190 & Registration No 180.

78 issue 1 | November 2014

Monthly Lifestyle Magazine in English and Russian

INVESTMENT | BUSINESS | PROPERTY | LIFESTYLE

* PROMOTE YOUR property efficiently and effectively

the new investment, BUSINESS, property, AND lifestyle magazine of cyprus super rates

Cyprus - Moscow - Kyiv - London Cyprus Lifestyle Magazine http://vk.com/cyprusmag

www.bestcyprusproperties.com info@bestcyprusproperties.com

+357 25 362798 +357 99 589508

BestCyprusProperties.com Calogirou Estate Agents

Ref: 2327 2 Bedroom Apartments Paphos

€99.000

Ref 2333 Apartments Limassol

An apartment located on the outskirts of Chloraka village, in a very tranquil area. This village is self-contained offering amenities such as supermarkets, banks, restaurants, hairdressers etc. The apartments are situated within 5-minute drive to the sea, 7-minute drive to Paphos Harbour and 10-minute drive to Coral Bay. The complex consists of 2 blocks of 1 & 2-b/m apartments with a total of 16 units, with private parking facilities and a communal swimming pool. Price:

These apartments are situated in a quiet residential central area of Limassol within walking distance to all amenities. The project consists of three blocks. House 1 is a 5-story building with apartments of 1,2,3 bedrooms. House 2 is a 4-story building with apartments of 1,2,3,4 bedrooms and House 3 is a 4-story building with comfortable apartments of 1,2,3,4 bedrooms. Prices reduced from €160.000

Total area 80 sqm

NOW: €106.400 [PLUS V.A.T]

Ref: 2335 Detached Villa Paphos

1 bedroom Apartments Covered Area 51.5m2 Covered Verandas 18.5m2

Ref: 2347 Apartment Paralimni

A lovely well-maintained villa on the outskirts of the sought after village of Anarita. Ideally situated for easy access to Paphos town centre, Paphos Airport and Limassol. The property consists of 3 double bedrooms, the master being en-suite and a family bathroom. Air conditioning in every room. Gardens are established and well maintained with a private swimming pool. Viewing highly recommended! Internal Covered Area: 135m2 Uncovered Veranda Size: 29m2 Covered Veranda Area: 11 m2

Total Covered Area: 146m2 Plot Size: 490m2, Title Deeds available Price: € 269,000

Modern 1 bedroom apartment located on the first floor of a well presented and maintained complex in the Kapparis area of Paralimni. An attractive property offered in excellent condition and includes allocated parking, elevator access, and communal swimming pool and situated in a very peaceful area. PRICE REDUCED FROM €75,000 NOW €60,000

Area is approx. 55m2

BestCyprusProperties.com

www.bestcyprusproperties.com info@bestcyprusproperties.com

Calogirou Estate Agents

+357 25 362798 +357 99 589508

Ref: 2104 Two bedroom detached house with pool in Yermasoyia, Limassol. Two bedroom detached house with pool in Yermasoyia, Limassol. Features: Floor Central Electric Heating, Air Conditioning – VRV System, Remote Control Electronic Shutters, Central Security Alarm System, Private Swimming Pool, Garden With Irrigation System, Garage, Living Area :94.20m2, Covered Verandas: 7.60m2 , Garage 19.20m2, Swimming Pool 21m2, Uncovered Verandas: 32.50m2, Entrance garage 30.60m2

Ref: 2121 Villa – 3 bedrooms with swimming pool Limassol A gated community of villas only steps away from the beach in Potamos Yermasoyia, Limassol. Situated only steps away from the beach, this gated community nestling in landscaped gardens is designed for a life of leisure. Make this your permanent home, and you will discover the pleasures of community life.

Plot Area 176.00m2

House 167m2 Plot 265m2

Price €

Price €770.000

310.000 [+ V.A.T]

[+VAT]

Ref: 2143 2 bedroom semi-detached house Limassol A house with sea views in Pissouri Bay, Limassol. The property is part of a residential development of some 40+ properties constructed on a mountain-side with fine views over the Pissouri Bay yet only a few minutes walk from shops, mini markets, bank, cafés and tavernas. Furnished open plan lounge/diner-Fully Fitted kitchen - Master bedroom - Fitted wardrobes Air conditioning.

Price: €

168,000

Covered Area 80m2 Patio and Veranda 20m2 Plot size 150m2

Ref: 2320 3 Bedroom Villa Nicosia Semi-detached house with 3 bedrooms and office located in Yeri Village, just 3Km from the University of Cyprus. Bedrooms: 3 + 1 (open office) Bathrooms/WC: 3, Patio: 1, Double garage [private/ covered], Large separate kitchen, Garden Area, Partially furnished, Air conditioning in all rooms

PRICE REDUCED FROM €270,000 NOW €230,000

Living Area: 148m2 Total Area: 148m2 Plot size: 210m2