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www.fitzgeraldcyprus.com February/Февраль Paphos Digest

Digest february 2014x

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February issue - Monthly digest from Fitzgerald Marketing, Paphos, Cyprus. Specialist's in property in the Paphos region of Cyprus. More than just a property mag!

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Page 1: Digest february 2014x

www.fitzgeraldcyprus.com

February/Февраль

Paphos Digest

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Why Fitzgerald's?

We aim to bring you theBEST VALUE propertiesin Paphos and now theyare even better value...

* A Safe Investment

* No VAT charge to pay

* Fully equipped

* You can move in NOW

Most of our propertieseither have the Title Deedissued, available or are inthe final stages of LandRegistry approval.Fitzgerald Marketing onlylist properties that are safeto buy and have a fullrecord of anyencumbrances on eachproperty.

Featured Property

Luxury Villa Set on a 600sqmplot, the villa offers Two levelsof living space and each room hasa balcony or garden terrace.Creatively landscaped, the gardenoffers park­like scenic views fromevery room. Three delightfulbedrooms all open to privatebalconies. Living area takingadvantage of county setting..Reference: 1593(See page 8)

Published ByA. Mandziak Estate Agency Ltd.Trading as Fitzgerald MarketingSolomos Crt, 74 Ap. Pavlou AveKato Paphos Cyprus 8046Tel: +357 26 930345Fax: + 357 26 930929e: [email protected]: www.fitzgeraldcyprus.com

Cover:

http://www.fitzgeraldcyprus.com/properties/1593

We continue to actively promote our

range of top quality Cyprus properties

on Rightmove Property Portal, UK;

Prian, Russia and Juwai, China.We

feature properties in popular Russian

lifestyle magazine, Moi Ostrov

widely read in Russia, Ukraine,

Bielarus, and Russian speakers

accross Europe and Asia. In this time

of economic and market uncertainties

we strive to give you a range of top

quality properties at realistic market

prices coupled with all the legal

quarantees and the Title Deeds

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2014 is starting positively on many frontsFitzgerald's has finished 2013 with five more salesachieved in December and the company has justcompleted four sales in January with another waiting inthe wings for completion before the end of the month.

Bank of Cyprus has just announced today (Cyprus Mail30th January) they are releasing close to €900million thatwere held in fixed­term deposits, blocked following thelender's recapitalisation last year’. The determiningfactors were ‘the significant improvement of the bank’sliquidity that has been observed in recent months and thesigns of stabilisation displayed by the deposit base,’according to BOC Chairman, Mr Hassapis”.

The biggest borrowers, apparently some 30 of them of which 22 of them are‘leading’ property developers, have notched up in excess of €6 billion in non­performing loans. The Bank of Cyprus is poised to demand loan repayments andthe President of Cyprus, Mr Anastasiades, has offered his full support to the Bankof Cyprus CEO, John Hourican, saying that those who owe the financial institutionmoney have no option but to pay. (Cyprus Property news http://www.news.cyprus­property­buyers.com/2014/01/14/pay­shut/id=0016647 ).

The Cyprus property market has lost some more ground but also more buyers areeager to take advantage of the discounts. Constantly analysing the market andtrends, level of enquiries etc. Fitzgerald’s sees the prices as ‘healthy’. Someofferings are low but this is an opportunistic trend to test the market; for theproperties that are of high quality and deliver that ‘extra’, the prices are remainingstable. Fitzgerald's sell many properties and, according to our research and ourexperience this last year, the average selling time has also been reduced. This monthwe had a new listing that was sold two days after launching it on our website!

Sellers are happy because not only does our company have the marketing ability topromote each property in their portfolio but also, as a direct result, Fitzgerald’s hasbeen attracting more buyers in the last six months more than ever before. Sellershave been achieving, good realistic prices and the buyers love the quality togetherwith the security of the title deeds. However, from a sales point of view and intoday's market, even the standard of furniture is of vital importance and has becomea major factor in attracting the buyer.

It is important to note that more people are securing their title deeds at this time andthe Cyprus government has been making an issue of how many buyers over the lastdecade are still awaiting their deeds and how much money is tied up in this.

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Releasing the deeds will ensure that equity comes back into the economy.

Good examples are:

Universal Vogue Top Floor Apartmenthttp://www.fitzgeraldcyprus.com/properties/1595

Abitaire Classy Apartment http://www.fitzgeraldcyprus.com/properties/1589

Kamares Views Bungalow http://www.fitzgeraldcyprus.com/properties/1565

See also Fitzgerald's January sales and testimonials and photos of the happy buyersof

SOLD: Peyia Garden Bungalow

http://www.fitzgeraldcyprus.com/properties/1551

SOLD: Peyia Resort Apartment

http://www.fitzgeraldcyprus.com/properties/1530

Hi DarylThis was our first experience of buying a property inCyprus and though we have visited a number of

agents, none have been as professional as Fitzgerald’s.From first contacting Bella back in September 2013 to arranging to pick up the keys fromDaryl next month, they have been there when wehave needed them.Overall a 1st rate service from a 1st rate companyand I can say with confidence; if and when wedecide to move on to bigger and betterFitzgerald’s are the company I would use tomarket our property.

Thank you everyone at Fitzgerald’s

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SOLD: Chloraka 2 bed Apart

Dear Daryl and staffJust to thank you for your excellent service while tryingto sell our apartment. We have now received our money.Best Wishes to all

Jo and Colin

This is a happy Russian couple Irina andConstantin who bought this lovely apartmentin Melania Gardens.

See our facebook pagehttps://www.facebook.com/fitzgeraldmarketingandhttp://www.fitzgeraldcyprus.com/testimonials

At Fitzgerald’s we enjoy an excellent market exposure in the Russian market, butmajority of our buyers are still British. Fitzgerald's, with the expert assistance ofour panel of lawyers, can achieve easy money transfers between the sterlingaccounts of seller­buyer so there is no loss on exchange rates and both seller andbuyer knows exactly where they stand. A win­win situation for the buyer and theseller!Find an exciting story of Laurence and Louise Randall­Payne in the ‘A Place in theSun' magazine and their journey to buy their ideal home in Cyprus (pp.122­123)http://content.yudu.com/Library/A2kyoz/APlaceintheSunmagazi/resources/3.htmOR read it on the next page of our digest.

“Our Cypriot Villa was simply our dream come true. We probably bought at theright time as prices have fallen... It’s simply an idyllic, stunning island with aperfect climate here we hope to spend much more time”

Fitzgerald’s congratulate Laurence and Louise on the purchase of Fitzgerald’s PeyiaIdeal Bungalow (Ref 1347). This outstanding quality property is beaming withfeatures such as heated pool, central heating, entertainment courtyards and valuepacked interior. We are confident this fabulous property is destined to become atreasured home for the whole family!

Buying property ‘at the right time’ is crucial and so is knowing what represents anexceptional value in the market place. Fitzgerald’s continual research, informationtechnology investment and extensive multi media advertising is coupled with in­house and international promotions. Our aim is to ensure that selected portfolio ofproperties satisfy increasingly fastidious buyers who demand quality and therealistic market pricing.

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CarnivalOne of the brightest annual events inCyprus is definitely the Carnival.

Carnival begins 10 days before the Lent,or 50 days before Orthodox Easter, on theThursday of Kreatini (Meat Week, as it isthe last week for eating meat before theLent). Festivities start with the CarnivalKing entering the city, decorated for theoccasion.

On Sunday the youngest participate inthe Children’s Parade and then theSerenaders’ shows become the focus ofthe event. During the 10­day Carnivalperiod many hotels and clubs organizefancy­dress parties.

The Sunday of the second week of thefestivities known as Tyrini (Cheese Week, when cheese and other dairy productsmay be consumed) is the climax of the Carnival. This is when the Grand CarnivalParade takes place.

So, What is Carnival?

It is an annual celebration of lifefound in many countries of theworld. And in fact, by learningmore about carnival we can learnmore about ourselves and a lotabout accepting andunderstanding other cultures.

Where did the word “carnival” come from?

Hundred and hundreds of years ago, the followers of the Catholic religion in Italystarted the tradition of holding a wild costume festival right before the first day ofLent. Because Catholics are not supposed to eat meat during Lent, they called theirfestival, carnevale — which means “to put away the meat.”

As time passed, carnivals in Italy became quite famous; and in fact the practicespread to France, Spain, and all the Catholic countries in Europe. Then as the

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French, Spanish, and Portuguese began to take control of the Americas and otherparts of the world, they brought with them their tradition of celebrating carnival.

African influences oncarnival traditions

Festival arts are the ancient Africantraditions of parading and moving incircles through villages in costumesand masks. Circling villages wasbelieved to bring good fortune, toheal problems, and chill out angryrelatives who had died and passed

into the next world. Feathers were frequently used by Africans in their motherlandon masks and headdresses as a symbol of our ability as humans to rise aboveproblems, pains, heartbreaks, illness — to travel to another world to be reborn andto grow spiritually. Today, we see feathers used in many, many forms in creatingcarnival costumes.

Carnival arts offers all of us adynamic tool for self­expression and exploration, atool to seek out our roots, atool to develop new forms oflooking at the world and itscultures, and finally, a tool tounite the world, to discoverwhat we all have in common,and to celebrate what makes usdifferent. The power andcreativity that underlies theseart forms can transform lives.

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Featured Property

The garden setting for this elegant villa combines timeless charm and an enviableposition. Set on a 600sqm plot, the villa offers two levels of living space and eachroom has a balcony or garden terrace. Creatively landscaped, the garden offers park­like scenic views from every room and compliments the panoramic vista of rollingcountryside and seascape from the first floor.

The ground floor interior is open plan with the lounge and formal dining roomextending seamlessly to pool facing an elevated terrace. The sun is shining, the

garden inviting and thepool beckons everymorning…welcome tothe relaxing lifestyle ofthe Kouklia plains.

To keep fit you havetwo championship golfcourses within 3km,and the sea within1.5km.

The three bedrooms areon the first floor.

Secret Valley Villa

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Featured Property

The master bedroom opens tothe covered private balcony andfeatures a stylish shower en­suite. Bedroom 2 & 3 share astunning full family bathroom.

All bedrooms feature volumesof storage space and all open tobalconies offering a vision of apicture perfect country scenerywith precision planted olive

groves (surround your house on twosides) and the sea in the distance...

With formal entertaining on yourmind you have a wonderfullyefficient separate kitchen with hi­tech appliances, a fabulous amountof bench space and opening to very

generous and relaxing garden terrace.

This is a kitchen that any professionalwould feel at home in! So, delight inthe company of your friends and plansome memorable culinary creations!

Your home is part of an exclusive cul­de­sac of only six wonderfully

luxurious villas. For moredetails call us.

http://www.fitzgeraldcyprus.com/properties/1593

Price: €325,000

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Kato Paphos brilliant fusion of styleand functionality! This Penthouseapartment could be yours today. Yournew address is a stylish project, withsecure entry, attractive communalareas, swimming pools. Surroundedby towering trees the project is a veryprivate lifestyle destination and eachowner has the convenience of privateundercover parking and a sizeableprivate storage room. Contemporarydesign apartment blocks feature spacious and elegantly finished communal areasthroughout the building with efficient lifts.

The apartment enjoys a favourable westerly orientation and you have the entire endof the building all to yourself. Step inside and the residence opens out to reveal veryspacious, light filled sleekly modern air­conditioned interiors with cool ceramicflooring, high ceilings and large double glazed windows. Attractive balcony offersextensive views to the project.

You have the convenience of a separate modern galley kitchen, fully equipped andoutfitted. The kitchen features a serving hatch to the dining room , makingentertaining easy and fun. The kitchen also features small separate balcony.

The two bedrooms are a delight too. Roomy, well appointed and full of light, eachfeature expansive built­in robes, highly efficient and stylish combination ceilingfans and wall mounted TV sets. Master bedroom opens to balcony.

This quality Cyprus apartment comes highly recommended. The apartment is soconveniently located you can easily reach the vibrant Kato Paphos Promenade, thebeaches, the shopping areas as well as most of the acclaimed UNESCO sites.

Featured Property

http://www.fitzgeraldcyprus.com/properties/1595

Universal Vogue Apartment

Price: €120,000

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Fitzgerald's Properties in Universal Kato PaphosWalnut Grove TopFloor

€108,000Beds: 2 Baths: 2

Communal pool. Topfloor apartment withhigh calibre fixtures andfittings. Private settingsurrounded by balconiesand garden setting. TitleDeeds

Ref: 1528

Abitare 3 Bed Apt

€145,000Beds: 3 Baths: 2

Small and appealingproject close to KatoPaphos tourist area. 1stfloor apt. Living areaopens to private balconyoverlooking central pool.Master bedroom with en­suite. Title Deeds

Ref: 1582

Walnut Grove 2 Bed

€100,000Beds: 2 Baths: 1

You have the entire westend of the building all toyourself and you’ll findyour 1st floor apartmentcharming and stylish.Kitchen, MasterBedroom and Livingroom with separatebalconies Title Deeds

Ref:1502

Universal Villa

€129,000Beds 2 Baths 2

Small project with com.pool. Spacious formalliving area and massiveseparate kitchen. 2 patios,2 balconies. Fully heatedand fully A/C. Walkingdistance to Kato Paphosfacilities. Title Deeds

Ref: 1573

Universal LimnosApt

€55,000Beds 1 Baths 1

Universal ­The holidayand residential area closeto the tourist attractions.Complex with s/pool. 1stfloor apt. with balcony ­fun indoor/outdoor livingenvironment. T.Deeds

Ref 1577

Kato Paphos Semi­Detached Villa

€149,000Beds 3 Baths 3

Super size living areas.Garden courtyards.Separate kitchen.Communal pool. Masterbedroom with en­suite.T.Deeds

Ref: 1590

http://www.fitzgeraldcyprus.com/properties/1528 http://www.fitzgeraldcyprus.com/properties/1582

http://www.fitzgeraldcyprus.com/properties/1502

http://www.fitzgeraldcyprus.com/properties/1577 http://www.fitzgeraldcyprus/properties/1590

http://www.fitzgeraldcyprus.com/properties/1573

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Out & AboutA Flavour of Paphos in

Pictures

"Christmas with family"

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Out & AboutA Flavour of Paphos in

Pictures

"Christmas with family"

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What's On with JezabelFor more events and details seewww.groovejetmedia.com

LISTINGS page or tune in to Rock FM 98.5(Pafos) 106.7 (Polis) 89.2 (Limassol)

Saturday 1st February

The Motown Cowgirls 9pm ­ midnight at PlateaTavern, Pissouri Square 99831136

Sunday 2nd February

Joe sings 1­4pm at Paradise Restaurant, just off St George Hill Xlorakas 99033693

Ian G 12.30pm at Vatouthkia, beyond Kamares €15 inc. lunch 99459163

Saturday, 8th February

Tenor Mike Crawshaw and pianist Nadia Iotova 6.45pm at Kamares Club €17.50inc. meal 26880576 [email protected]

Sunday 9th February

Jezebel sings 1­4pm at Paradise Restaurant, just off St George Hill Xlorakas99033693

Danny Delaney 12.30pm at Vatouthkia, beyond Kamares €15 inc. lunch 99459163

Thursday 13th February

Total Colour Spectrum plus various other acts 7.30­11pm at Crazy Spoon, TOK RdKissonerga €2 adv €3 on door 99798366

Friday 14th February

Karen Kendall and Andrea Morrelli 7pm at The Vine Leaf, Pissouri Bay

€17.50 inc. meal 96818066 www.kendallandmorrelli.com

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Crystal Clear 7­11pm at The Royal British Legion Club, Limnaria Complex26913433

Amy Black at Kamares Club near Tala

Neil James at Vatouthkia, beyond Kamares €22.50 inc. dinner 99459163

Michael Antoniou 8pm at Phidias, just before Coral Bay Strip 99854375

Sunday 16th Feb

Crystal Clear 1.30­3.30pm at Paradise Restaurant, Xlorakas 99033693

Saturday 22nd Feb

Crystal Clear 8.30­11.30pm at Neo's Sports Bar, Peyia 26622900

Sunday 23rd February

Amy Black 12.30pm at Vatouthkia, beyond Kamares €15 inc. lunch 99459163

Joe sings 1­4pm at Paradise Restaurant, just off St George Hill Xlorakas 99033693

Wednesday 26th February

Polis Charalambous & Demetra 7pm at Molos Restaurant, Latchi harbour €20 inc.meal 99146652 in aid of Polis Animal Rescue Group

Friday 28th February

Vacant 9.30pm at Iron Horse Summer Reopening Party at George's Iron Horse Bar,Pissouri

Rob Cairns as Marc Bolan / T­Rex 8pm at Vatouthkia, beyond Kamares Tavern inTala €25 adv (€30 on door) inc. meal 96818066