Estate Living Digital Publication Issue 7 July 2015 | Page 54
ABROAD
Cyprus A Home Away From
H8ome
Olympus Villas
ESTATES ABROAD
54
If recent reports in the media are anything to go
by, South Africans are relocating in ever-increasing
numbers, with more than a 50% rise in enquiriesto
immigration companies,about ten calls a day in
comparison to approximately two calls per day last
year.
Aside from the alluring lifestyle factor, Cyprus is also
the only English-speaking country in Europe offering
permanent residency to South African investors
on the purchase of a residential property without
prescribing that they have to physically reside in the
country or be domiciled there for tax.
An enhanced standard of living, supported by a
highly skilled and educated labour force, reliable
infrastructure, low crime rate, excellent health
service and attractive investment and tax options
are driving more and more South Africans to move
abroad and the Mediterranean island of Cyprus is
ticking all the right boxes.
Starting from € 300, 000 (R4.1 million), South
Africans can secure the future of their family, whilst
still retaining their standard of living and already
accustomed comforts. Freehold property ownership
is available in a variety of estates and property prices
are some of the least expensive in comparison to
similar EU locations. Sheltered by mountains in the
north and fondly known as the jewel of Cyprus, the
stunning seaside location of Paphos enjoys the finest
microclimate in the country. With inviting beaches,
crystal clear waters, friendly locals and a 13th century
medieval fort with a lush history steeped in Greek
mythology and Roman architecture, this tranquil
setting quite truly has something for everyone,
including house hunters. Boasting breathtaking views
of the sweeping Paphos coastline, the award-winning
Kamares Village is one the most exclusive residential
developments in the region. Homes are made with
delicate Cypriot stonework and imposing arches that
seamlessly lend to the outside, whilst private tennis
courts and swimming pools, sun terraces and braai
areas let residents enjoy the great outdoors in all its
finest glory. Three-bedroomed villas on the estate
retail for approximately €385 000 (R 5.1 million) and
Positioned in the crossroads of three continents,
Cyprus offers an exciting and enriched mix of cultural
influences from Asia, Africa and Europe, as well as
fantastic cuisine, excellent home-grown wines and
a truly outdoors lifestyle. A similar terrain to South
Africa with short, mild winters and long, warm
summers, encompassing approximately 320 days of
sunshine a year, 57 blue flag beaches, championship
golf courses, mountain trails and luxurious hotels, it
is little wonder that nearly 1800 South Africans now
call Cyprus home. Those choosing to move here feel
at ease with traditional South African produce like
biltong and boerewors easily available, as well as
local family favourites such as Nandos and Ocean
Basket.