Cyprus Property for Sale in Polis and Latchi
Geography maps of Cyprus show that the towns of Polis & Latchi are situated in the far west of Southern Cyprus, which has some remote and arguably most beautiful areas of the island. Cyprus property for sale in this area is for the person who wants the authentic Cyprus, the location has become a popular sea-side resort with an acclaimed traditional centre that keeps its many buildings and beauty intact, but this is no Agia Napa or even Paphos. It is a laid back sort of place which has not surrendered to its resort label, it has a centre pedestrian area mostly given over to shops and tavernas, but it also has many nooks and crannies to explore.
Cyprus property for sale is increasingly available but fortunately there are quite strict building zones which limit the amount of construction in the area. This is not the place for investors to have scores of apartments ready for the summer season, but there is a market for villas for rent in Cyprus for the long term. These are usually taken up by tourists who come for full seasons, workers in the area or quite a few people who are relocating choose to rent before deciding where to buy.
Getting cheap car hire in Cyprus is easy and armed with geography maps of Cyprus you can explore the area at your own pace. The main road out of Polis towards Chrysochou Bay sweeps the eastern coastline, and there are fine views over to the West towards the Akamas Peninsular. There are Cyprus property for sale developments in the area, most of which respect the traditional architecture and are small in size. There are some changes planned with a golf course being built in the area and maybe a highway from Paphos, this has been on the table for many years but has still not been agreed, it would certainly reduce the travelling time from Paphos airport.
Many people chose the villages for Cyprus property for sale in this region to relocate permanently as they are so welcoming and beautiful. Some forward thinkers buy their retirement home from Cyprus property for sale available now off-plan and then have their villas for rent in Cyprus long term until they are ready to take up residence, thus taking advantage of the capital growth their property has made in the meantime. Then when retirement comes, the huge tax benefits kick in; NO inheritance tax, NO wealth tax, UK state pensions that are still entitled to the annual up-rating, all pensions, public and or private are tax-free for the first 3,417 Euro and then taxed at the flat rate of 5% or you can opt to be under the normal tax regime in which the first 19,500 Euro is tax free rising to 30% on 36,301 Euro which would be more beneficial if you only have a small pension.
So armed with some geography maps of Cyprus you can tour the region and make an informed decision of the location to search for Cyprus property for sale, it is possible to enjoy the true Cyprus whilst still being close to an airport and the amenities of Paphos, having simply the best of worlds.
