Minthis Hills Property |

Minthis Hills Property

Property in Cyprus:

British property buyers have flocked to Cyprus since the country entered the EU in 2004. In its European Housing Review 2007, The Royal Institute for Chartered Surveyors reports that prices on the Mediterranean island doubled in the five years to 2007, with buyers choosing Cyprus for its low cost of living, excellent climate and good public facilities. In addition, English is widely spoken and property laws are based on English Law.

On New Year’s Day 2008, Cyprus’ currency switched to the euro, which means the future looks bright for Cypriot property, despite a large amount of new-build homes.

The launch of Minthis Hills, a planned resort of 600 two to five-bedroom villas, will be in Paphos. The resort will have an 18-hole golf course, tennis courts, a spa and a clubhouse with restaurants and bars. The developer says only 2% of the total 1,200 acre site will be built on, the rest will be planted with 50,000 indigenous trees and plants. Property design is inspired by local village architecture, featuring stone walls and open-air courtyards, while modern touches include floor-to-ceiling glass walls and infinity pools for that added luxury.