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Cyprus Property Blog by Cleo

Buying Property in Cyprus is a great investment choice and we discuss various aspects.

NEW! 3 Bedroom in Chloraka with Fantastic Sea Views

Villa w/ Extra Rental Income Possible

• 3 bath, 3 bdrm 2 story "Unique Layout" - €298,000 EUR - Great Sea Views

 -  This immaculately presented property is located in a quiet residential area, easy walking distance from the popular village of Chloraka. With it’s unique design, this property can be used as one large two storey house, or separated into two individual properties, one top floor and one ground floor.

The upstairs accommodation features a spacious well equipped kitchen with integrated appliances and adjoining dining area with superb, panoramic coastal views. An archway nicely separates this from the pleasant lounge with gas flame fire and built-in cloaks cupboard. Patio doors lead on to a large balcony with built-in barbecue, storage cupboards and sun awnings to provide shade.

Off the lounge is also a bedroom which is currently being used as a study room, and an arch frames the marble staircase leading up to a shower room, and down to the ground floor accommodation. Downstairs is a spacious master bedroom, with a wall of fitted wardrobes on one side, and patio doors leading onto to a private balcony on the other. There is a nicely finished separate bathroom which has double vanity unit with granite tops and two sinks. A passageway leads from here through to the third double bedroom with fitted wardrobes. It is this passageway which can be closed off and locked to make this accommodation completely self contained if required.

The remaining ground floor comprises a separate shower room and a cosy open plan lounge/dining room and kitchen. Again there is a good sized balcony with nice sea views. If a second lounge is not required, then this area can easily be converted into a fourth bedroom.

A lounge and kitchen on the ground floor makes this ideal for families with grandparents or older children wanting to have their own space. The current owners use the top floor and rent out the downstairs accommodation to fund their expenseexpenses. There is tremendous flexibility in the use of this property.

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Cyprus Property is Hot! Now more than ever. There are over 20 million northern Europeans (European baby boomers) that have retired in the last few years which is a great number and many will be British. Many have been waiting for the financial crisis to past before they make the move to Cyprus. With warm weather, low crime rate, low cost of living in Cyprus and English speaking population, do you think Cyprus will have enough properties for every one?