www.fitzgeraldcyprus.com

November/Ноябрь

Paphos Digest

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

Small project with communalpool. Very spacious formal livingarea and massive separate kitchen.Two patios, two balconies. Fullyheated and fully air conditioned.Walking distance to Kato Paphosseafront and all facilities...

Reference: 1573(See page 10)

Published ByMandziak Estate Agency Ltd.Trading as Fitzgerald MarketingSolomos Crt, 74 Ap. Pavlou AveKato Paphos Cyprus 8046Tel: +357 26 930345Fax: + 357 26 930929e: contact@fitzgeraldcyprus.comweb: www.fitzgeraldcyprus.comCover: Coffee Morning

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

Air of Normality Returns toCyprus...

The year is coming to a close and for most of thepeople in Cyprus the end can’t come quicklyenough. In 2013, a series of calamities descendedon this island with a vengeance and Cyprus’spopulation was traumatised and shocked to thecore. Therefore the arrival of 2014 looks Oh soappealing ... indeed the outlook for a positivenew beginning seems to be gathering momentum.

There have been many changes of late in Cyprusand most of them are promising. Many local‘institutions’ and the ‘institutional way of doing

things’ have been both ‘shaken and stirred’, weighed and measured, and brought toaccount. ‘Business as usual’ in many corridors of power has experienced adramatic shift and an air of transparency and responsibility is emerging. Thegovernment is seizing this window of opportunity to implement long awaitedchanges which hereto could not be even contemplated.

There are many little positive steps emerging which bode well for the future. If weunderstand that we live in a consumer society, commerce has to have room toinnovate and be able to respond to market forces to thrive. The challenge presentedby the Pancyprian Association of Retailers In Cyprus to loosen the Union grip onlimiting retail opening hours (which quite literally can be described as medieval) isbearing fruit. The strict adherence to prohibition to trade on Wednesday andSaturday afternoons or hairdressing salons being closed on Thursdays, for example,is not what our contemporary consumer society wants.

The Cyprus crisis has focused principally on increasing trade and using thepotential of the economic benefit to better serve the needs of the Cyprus touristindustry. The enhanced shopping ‘freedom’ in many locations has been receivedwith marked enthusiasm from both visitors and locals alike. Needless to say, thecrowds milling around the brightly lit streets of Kato Paphos seaside promenade, acase in point, it is a pleasure to see. Some stereotypical opposition is still to beovercome, however, the reality is that by changing local perceptions and byadopting smart innovative practices we can lower costs, increase quality, increaseemployment opportunities as well as being able to deliver better customer service.The changing face of retailing and retail marketing looks bright indeed!

With more good news on the horizon for 2014, the Cyprus finance minister told the

lawmakers on 21 October that heanticipated all currency controlsrelated to domestic monetarytransactions would be lifted byspring 2014! Presently, there aremarked improvements in easingfinancial restrictions in support ofthe Troika’s policy of the bailout.Local business thresholds formaking a single transaction abroadwere raised to €1 million each,transfers between banks to makepayments is raised to €15,000without any restrictions, and money taken abroad was raised to €3,000 per person.Additionally, domestic business transactions of up to €300,000 can be made withoutthe necessity for supporting documentation, all of which creates a greater semblanceof normality and a growing level of optimism for the future.

It is important to know that the currency restrictions relate to domestic markettransactions and these pertain to deposits that existed at the time of the Troikas’sbailout restrictions that were imposed on 25th March2013. Restrictions do notapply to any inflow of ‘new’ funds to Cyprus (received after 25th March 2013).Hence, purchasing Cyprus property currently, does not present any financial risk toeither buyer or seller. The seller can transfer money to any bank of his choiceworldwide. At Fitzgerald’s we are happy to report that though we achieve ahealthy sales sheet each month, none of our clients have been penalised or affectedby the financial restrictions imposed by Cyprus banks.

Dr George Mountis of Nicosia, of The Parthenon Partners, reported on the new‘Codes of Conduct’, a Directive to ensure that credit institutions implement a fairand sustainable pricing policy for restructuring loans. The national Cyprus crisishas much in common with the real estate market crisis which was the main pillar ofthe Cyprus economy up to 2008. With the benefit of hindsight, banking practices

were less than clear or prudent andhave created legions of foreignproperty buyers and locals alikestruggling with mountingmortgage loans. The Directive hasnew rules of conduct betweenbanks and borrowers for thehandling of loan restructuringswith the aim to minimise costs,fees, and interest rates for

borrowers. In addition, paragraph 7 specifies that credit institutions, in the eventof dispute, should refer the matter to the newly established Dispute ResolutionCommittee.

“For non­compliance with the new directives, for each violation, the banks areliable for an administrative fine from €1,000 to €500,000 depending on theseriousness of the offence. If violations continue, a fine of between €100 ­­ €50,000will be levied for each day that the violation continues. All these measures andguidelines are necessary and must be implemented in order for Cyprus to regaincredibility as a regional financial hub, creating banks with solid foundations thatcan serve the real economy of the country.”

All in all, the future looks much brighter today than might have been anticipated inthe spring of 2013. Psychologically, we are all prepared to take action to pave theway forward to a better future, and given the progress we have achieved to date,2014 looks inviting indeed.

(Dr George Mountis was Anna’s professor at Neapolis University lecturing onbusiness management, finance and banking. Any queries re bank restructuringplease send email to financequeries@cyprus­mail.com )

"The Office"

Being a family business we have oneoffice centrally situated in Paphos close toand in walking distance of both thePaphos Harbour and the Tomb of thekings Road.From the harbour walk up towards theBegonia Garden centre at the traffic lightsand we are on the left just before the“Wishing Tree”.Coming from the Tomb of the kings turnright at the traffic lights (or cut through by

the Roman Hotel) and we are a short way downon the right just after the “Wishing Tree”.

Office hours are 9am to 5.30pm 6 days aweek with no break for lunch.

So if you are working and only have your lunchbreak to come and see us, you are welcome!

Prize Honey, Pleasant Sweet Surprise!Cyprus TZIVERTI honeyhas won the coveted title ofthe ‘Best Honey in theWorld’ at the WorldBeekeeping Awards 2013in Kiev, Ukraine. A total of112 honey samples wereentered from 25 countries.One hundred medals weredistributed, including41gold, 31 silver and 28bronze.

The honey, produced by Honeymell Z.P. Ltd of Larnaca, entered two of the sixcategories at the event and won first place for both! The Crown of ‘Best Honey inthe World’ is indeed a proud distinction for Cyprus as the importance of honeystretches back to antiquity. Thought of as a sacred liquid that reached the seat ofconsciousness, it was widely regarded as a sweet ambrosia of the ancient HellenicGods. The Greek word for honey is ‘meli’ and the title “melissa” was used todistinguish priestesses within all female deity cults. The priestesses of Zeus, Apollo,Demeter, Persephone, Dionysos, Artemis and Ephesia were all called “melissae”.Demeter is also known as the mother bee, who governs the cycle of life.

In Cyprus the seat of Aphrodite with its famous temple and sanctuary is located inthe area of nearby Kouklia Village (some 12km east of Paphos) Here the symbolismof honey was of very special importance to Aphrodite, the ‘Goddess of Love andBeauty’ and is neatly embellished within the context of the sweetness of love, graceand desire, and of life itself. The veneration of the sacred bee extended a stepfurther. The priestesses of thetemple (melissae) wereaccompanied and served bytransgendered priests called“essenes”, (translates as‘drones’). As Aphrodite’s sacredcreature, the creation ofhoneycombs in perfect symmetry,was thought to suggest anunderlying mathematical order inthe universe. Thus the bee heldthe key to life itself.

In modern history, the beeis not venerated but theirimportance is of vitalimportance to us all.

Albert Einstein famouslyproclaimed, ‘If the HoneyBee Dies ­ We Die!’ Wemay not listen to the ‘oldgods’ but the warningsof modern scientists arestark and we are urgedto take note.

The rate of global demise of bees makes for worrying reading. 40% of the beepopulation in the UK alone has been destroyed by the growing prevalence of theparasite which destroys whole hives. Elsewhere, bees are dying off as a result ofmodern agriculture practices, pollution, pesticides, etc. Bees are vital forpollinating crops to produce fruit and seeds and also perpetuate seed production forroot and leaf vegetables. What we need are more bees rather than less, hence thefate of the bee is of colossal importance to us all.

The preservation of the humble bee in the world is a matter of global concern. Wenow know that what Albert Einstein famously proclaimed was not an idle threat of a‘deranged’ genius. In Cyprus, as a small island, the humble bee does not figure inmodern Cyprus annals…..yet…. and any environmental concerns, with regards tothe wellbeing of bees gives way to ‘progress’. Yet the crowning of CyprusTZIVERTI honey as the BestHoney in the World has madea real impact.

Cypriots swell in pride withthis national achievement,which indeed it is, andcoming at this time ofeconomic troubles in thecountry it is a fitting balm forus all.

Visitors to the island are making sure they do not leave for home without a jar of itand we hope the sweet elixir of the famous honey will linger and sustain them tilltheir next holiday to Cyprus.

Featured Property

Investing in property in Cyprus is nothing new. People choose Cyprus for manyreasons: quality of life, relaxed lifestyle, favourable weather, the sun and the sea.What is super encouraging is that more and more with their families which may be6­10 people are considering relocation to Paphos. The open­border policy ofEuropean Union has created a fertile environment where cross border relocationflows easily and is risk free but highly rewarding for those who choose to take thisroute. It is also an important opportunity to ‘reassemble’ the dispersed family unitand re­established family bonds which are especially important where children areconcerned.

Once you‘ve made a decision that this is what you want to do, the next step is forall parties to find ‘your ideal’. This could be a tough undertaking and requires a lotof research and time. Sometimes we are lucky to receive perfect properties thatwould present perfect opportunities for extended families..... providing total privacyyet complementing each other whether you like the private villa environment orapartment living. Attention Non­European citizens: under the new rules, non­EUbuyers can purchase 2 properties to equal €300,000 or more to be eligible to applyfor the Permanent Residency status.

Our recommendations:The award winning KamaresVillage is a pearl ofresidential excellencesynonymous with luxuryliving, close communityspirit and lifestyleexcellence. Takingadvantage of the gentlysloping hills the KamaresVillage hilly terrain has beentransformed to offer anunprecedented lifestyleenvironment where only the best will do.

Your home is sited on the high side of a quiet cul­de­sac and almost hidden fromview. The interior is modeled on traditional Cypriot architecture featuring high­pitched ceilings, graceful arches and private alcoves.

Each home is very different yet both offer bright attractive interior, with that easyflowing feel and lifestyle appeal. Surrounded by large patio doors and numerouswindows the scenery of brilliant garden settings bring uplifting ambiance that

Ideal family affair

http://www.fitzgeraldcyprus.com/properties/1565/

permeates your entire home.

The larger of the two villas features an inviting swimming pool with playful waterfountains, whilst the other villa is surrounded by meticulously tended privategarden. With lots of interestinside and out, the tree­linedneighbourhood, and views toPaphos coastline these are verydesirable homes for the wholefamily.

Kamares village offers excellentfacilities for the privileged setof residents: KamaresClubhouse, communal pool,tennis courts, restaurants whichare more are approximately700m away. More excitement and entertainment venues are in Tala (2km) and ofcourse Paphos town and the beaches are mere 8km away.

For those interested in multiple apartments we can offer Walnut Grove Resort andPafia Gardens project.

Featured Property

http://www.fitzgeraldcyprus.com/properties/1552/

Check this out ­ A two bedroomvilla in a well establishedresidential area of Kato Paphosand within close proximity to citybeaches harbour and the famousPosidonos Promenade, afashionable high street withmyriad of restaurants and a host ofamenities (1.6km).

You are part of a small project, theUniversal Gardens, of two semidetached villas and two free standing villas sharing the communal swimming pool.This ‘mini village’ is private and secluded and creates the perfect environment tounwind and relax or, as it is so close to everything, you can ‘live it up’ in perfectfreedom.Your home is deceptively spacious. You have a large open plan lounge ­ living roomwith high ceilings, cool slightly textured tiles underfoot, and huge patio doorsleading to the front entertainment terrace that spans the living room and the diningarea. The separate and fashionable kitchen is discretely positioned behind anexpansive archway and is fully fitted and well laid­out to please even the mostfastidious of cooks. Here you also have a convenient back door and an elevatedpatio overlooking the pool area.

You have the convenience of central heating (gas) throughout your home, A/C unitsand the overhead fans. Upstairs, you have two very large bedrooms with fitted robesand high ceilings. The bedrooms share a balcony facing the street. The masterbedroom also features a good size private balcony, overlooking the pool area. Astylishly outfitted and fully tiled shower bathroom completes the features of the 1stfloor.The property is a great buy and a great investment.

Featured Property

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

Universal Garden Villa

Price: €129,000

Fitzgerald's New PropertiesPafia Ground Floor

€185,000Beds: 3 Baths: 2

Forget about theconfines of apartmentliving because here youhave none! You’ll lovecoming home to yourextra spacious 3 bedground floor apartmentthat oozes contemporaryliving..T.DeedsRef: 1568

Peyia Garden EndTerrace

€199,000Beds: 3 Baths: 2

3 bedroomed semi­detached homesurrounded by greenery.Garden courtyard fromkitchen and spaciousliving room. Separatekitchen. Sea view.

Ref: 1571

Pissouri BayBungalow

€125,000Beds: 2 Baths: 1

Great location nearPissouri Bay beach,restaurants and shops thislovely neat bungalowoffers the perfect retreatfor holidays or permanentliving...T.Deeds

Ref:1569

Tala Helios Villa

€199,950Beds 3 Baths 3

Generous spaciousinterior, well definedformal and informalliving areas. Sep. kitchenwith terrace. Basement.Undercover parking for 3cars. T. Deeds

Ref: 1572

Peyia Theos Park TH

€129,000Beds 2 Baths 3

Quiet cul­de­sac project.House with functionaland Stylish featuresinside and out. The carparking is by front doorand the com. pool onlysteps away. T.Deeds

Ref 1570

Tala Views Villa

€265,000Beds 3 Baths 3

Impeccable home withthree bedrooms, designerkitchen, wonderfullycomfortable living area.Private pool.Entertainer’s dream...Title Deeds

Ref: 1574

http://www.fitzgeraldcyprus.com/properties/1568 http://www.fitzgeraldcyprus.com/properties/1571

http://www.fitzgeraldcyprus.com/properties/1569

http://www.fitzgeraldcyprus.com/properties/1570 http://www.fitzgeraldcyprus/properties/1574

http://www.fitzgeraldcyprus.com/properties/1572

This Article appeared inthe Sunday Mail on 27thOctober 2013

Out & AboutA Flavour of Paphos in

Pictures

"Music Open Paphos"

The 3rd International Music Festival “MUSIC OPEN PAPHOS” was held on the26th of October in Coral Beach Hotel, Paphos.The festival featured arias and songs from young opera stars, internationalcompetition winners and soloists from opera theatres and contained arias fromoperas by Giuseppe Verdi (Bicentennial anniversary of the dedication of composer)and world vocal hits.Part of the money collected from the sale of tickets for the festival were transferredto the account of charity EUROPA DONNA CYPRUS.

Out & AboutA Flavour of Paphos in

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"Music Open Paphos"

Out & AboutA Flavour of Paphos in

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CHARITY COFFEE MORNING

On Saturday the 26th of October a Coffee Morning in aid of CARITAS was held atour Fitzgerald Marketing office in Kato Paphos.

Coffee Mornings to raise funds for needy children in our community. The projectsCaritas provides are food parcels, shelter for homeless, etc.

For instance, the proceeds from the 26th of October Coffee Morning which resultedin €700 will go towards much needed Baby Supplies.

Out & AboutA Flavour of Paphos in

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CHARITY COFFEE MORNING

Out & AboutA Flavour of Paphos in

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CPSG FASHION SHOW

The Cancer Patients Support Group held their Annual fashion Show at the RevivalBoutique in Paphos. It was very well supported and those who came were treatedto a great show.

Out & AboutA Flavour of Paphos in

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ARCHANGEL MICHAEL HOSPICE

50 Archangel MichaelHospice shop volunteersvisited the Hospice onWednesday 23rd Octoberto have a look at theprogress that has beenmade. Also a plaque wasunveiled thanking all thevolunteers for their effortsover the years.

What's On with JezabelBeaches are still popular in the heat of the day, butthere’s a definite chill in the air once the sun sets,and venues are now closing doors and stoking uplog fires ­ but there’s still plenty going on inside.Here’s a small selection ­ more to be found atwww.groovejetmedia.com LISTINGS page or tunein to Rock FM 98.5 (Pafos) 106.7 (Polis) 89.2(Limassol) or on the web www.rockfmcyprus.comon a Saturday morning.

Friday 1st NovemberRhys Taylor & Paul 8.30pm at DT’s, TOK Rd Kato Pafos off coast side 26221704

Saturday 2ndKaela Santosh as Tina Turner 9pm­ midnight at The Plateia Taverna, Mandria

Sunday 3rdDanny Delaney sings at a classic car event at G & T’s Bar, Polis Road near Tsada96579144

Monday 4thThe Abba Babes Jezebel & Lisa­Marie at Akamas Theatre, Coral Beach Hotel 10 ­11pm 99831136

Tuesday 5thChris King as Elvis at Blazing Saddles, Coral Bay Strip 26622466

Wednesday 6thThe All New Rat Pack & Phoenix Singers 7.30pm at Episkopiana Hotel, Episkopi€10 advance, €13 on door for Friends’ Hospice 96818066

Thursday 7thOpen Mic Night 7.30pm at Namos, Sea Caves 99239264

Friday 8thSteve Fury at UKCA Club, TOK Rd Xlorakas off coast side 99009154

Saturday 9thHarmony (vocal group) 10am at UKCA Club, TOK Rd Kissonerga, off coast side

Sunday 10thThe All New Rat Pack 7.30pm at Paliomonastirio Peyia Park €15 adv €18 on doorinc. BBQ for The Friends’ Hospice 96818066

Monday 11thThe All New Rat Pack 7.30pm at The New Church Hall, Tala (under the newchurch) €10 adv €13 on door) for The Friends’ Hospice 9818066

Tuesday 12thJo & The Bald Eagles at Vatouthkia, beyond Kamares €20 99078018

Wednesday 13thSimone Swift 9pm and Michael Jackson show at Akteon Hotel, TOK Rd Xlorakascoast side

Thursday 14thMichael Antoniou & Melissa Williams at Namos, Sea Caves 99854375

Friday 15thChris Mercer & David East 7pm at Pentaras, TOK Road Xlorakas coast side €25inc. dinner in air of M.A.R.C.H. 99850355

Saturday 16thPaphos Zingers & Harmony at Samaritans Christmas Faye 9.30am ­ 1.30pmAngelika, TOK Rd Xlorakas off coast side

Sunday 17thMartin Rhodes & Tina Chester 7pm Royal British Legion Poppy Ball at Pentaras,TOK Rd Xlorakas coast side €45 inc. dinner 99061900

Monday 18thAndy Foster ­ Guitar Sax & Vocals ­ 8.30pm at Thalassa restaurant, Pioneer BeachHotel, hotel row towards Geroskipou 07946 335573

Tuesday 19thSingers Jezebel & Lisa­Marie present a quiz & bingo night with music at Cliff Bar,Tala 7.30pm €2 entry prizes to win 99831136

Wednesday 20thEvagoras Pallikarides' Cultural Association’s evening of Dance at MarkedioTheatre, Pafos town 8pm €7 / €5 99632346

Thursday 21stEvagoras Pallikarides' Cultural Association’s 'Mystagogy on Two Pianos' 8pm atthe Paphos Academy of Fine Arts €7 / €5 99632346

Friday 22ndNeil James 7.30pm at The Frog & Toad, Coral Bay €10 inc. food 99540579

Saturday 23rdVacant (punk band) at 24 Hour Spinathon after party, White Horse club, EpiskopiGarrison 99974476

Sunday 24thBlack Cabb rock band 7pm at Orfeas Bar, Xlorakas

Monday 25thGaia Melodia at Hammam Cafe, Turkish Baths, 'Glass lift car park' below Marketin Pafos old town 99821040

Tuesday 26thMario Kombou as Elvis at Anesi, Sea Caves in aid of hospice 96560404

Wednesday 27thEvagoras Pallikarides' Cultural Association’s Recital with 'ACANTHIS' quartet8pm at PASYDY Amphitheatre €7 / €5 99632346

Thursday 28thIzabela & Dusan at Vatouthkia, beyond Kamares €15 99078018

Friday 29thAbba Babes Jezabel and Lisa­Marie at Platea Tavern Pissouri 9­11 99831136Ben Does Buble at UKCA Club, TOK Rd Xlorakas off coast side 99009154

Saturday 30thEvagoras Pallikarides' Cultural Association’s Music & Dance Festival: Guitarconcert at PASYDY Amphitheatre 8pm €7 / €5 99632346