Cyprus is the last country in Europe where retirees still get a good deal – taxation on pension income after allowances is fixed at 5%. The price of living is lower than in most other countries like the UK or Spain and the quality of life is superb with residents enjoying the best of both British and Cypriot culture. This adds up to is the truth that increasing numbers of retirees, and people who are considering their retirement are buying property in Cyprus.
When considering retirement abroad the majority of people require the following essentials:
Ideally in a location where English is understood
Relatively easy accessibility to good quality medical facilities
Fairly easy access to an airport
Good access to a like minded community for making friends and socialising
Reasonable access to local shops and general amenities reminiscent of a restaurant
Low living costs, in order that they will maintain an excellent life style.
Good weather, in order that an outside lifestyle may be enjoyed
Cyprus is quite a small island with most residential communities spread along the scenic coastline, no matter where you decide to purchase your retirement home you’ll have straightforward access to all the above. English is the second language for many Cypriots, many of the laws in Cyprus are based on the English system and everybody drives on the left side of the road. Medical facilities are excellent and updated, and in most circumstances the doctor will see you straight away – even at weekends! The cost of living is way lower in Cyprus, as an example petrol is 30% cheaper, water bills for the average household is about 80 Euros and the council tax is approximately 130 Euros/ year!! Cyprus has 320 days of sunshine a year and even at Christmas you’ll be able to sit outside in your shorts or go for a walk along the beach.
There are airports in Larnaca and Paphos, quality medical facilities in Larnaca, Limassol, Paphos, Polis and Nicosia. Expat retirees live everywhere in the island and there are at the very least mini-markets as well as a great selection of bars and restaurants within virtually every single community no matter how small – and all the primary towns in Cyprus offer a variety of superior shopping and dining facilities.
Naturally those wishing to be right in the heart of a community where they will meet like-minded people may choose property in Paphos in Cyprus – particularly Peyia where there is a robust English community intermingling with the local Cypriots. Peyia is a large community with an excellent number of apartments, townhouses and villas. The centre of the village is the focal point of life in Peyia, however the beaches and many restaurants in Coral Bay, which is a 5 minute drive away – are a preferred meeting place.
Those people wanting a more scenic and quieter place to live are well advised to go to the Polis area of Cyprus which is North West of Paphos but still only 40 minutes from the airport. The centre of this area is the small town of Polis with its quaint paved streets, but a wide range of shops and restaurants – a brief walk will take you right down to the sandy beach with its stunning views of the Chrysochous Bay and the mountains beyond. There’s a daily bus service to Paphos – cost one euro!! A five minute drive will take you to the popular marina at Latchi where you may relax in certainly one of the many quayside fish restaurants, and watch the local fishermen returning along with your evening meal.
The world of Polis is surrounded by mountains so there may be a wide variety of scenery and places to visit – all within a short drive. Go for a walk within the rugged terrain of the Akamas Nature Reserve, and then relax with a drink in the normal stone village of Neo Chorio. Try pony trekking in the Paphos pine forests above Polis, after which have a relaxing lunch in the family run Paradisos Hotel which has the most stunning views of any hotel in Cyprus. Relax on one among the various sandy beaches or take a 20 minute car trip along the coast to the small fishing village of Pomos, where the mountains meet the beach and the scenery is completely different – the rugged cliffs and stunning beauty of this area will take your breath away! For the more active there are a wide range of water sports in the area and it is straightforward to hire a small boat in Latchi Marina and take a trip out for just a few hours, and maybe relax within the Blue lagoon and take a look at some scuba diving. Construction has started on two new golf courses in Argaka which shall be amongst essentially the most scenic in Europe.