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It is especially true at the higher end of the market. In addition to investors, the good weather, relatively low humidity, idyllic lifestyle and low crime rate are all factors for those looking for a second home. Pafilia will be discussing this at their stand G12, in hall 2 at the International Property Show (IPS) in Dubai from 15th to 17th February 2009.
This is clearly demonstrated by Pafilia's recent launch of Minthis Hills, one of the most distinctive and attractive residential resorts in the Mediterranean that is redefining luxury living in Cyprus.
Mike Aniftos, area manager for Middle East, Africa & Asia Pacific, at Pafilia, said:
"Within ten days of launch, we sold ten properties in our Minthis Hills development amounting to over €13m, demonstrating that high end specifications, beautiful designs and ultimate luxury are still very much in demand. The response has been so high that we may have to introduce the next phase of the development earlier than expected."
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Posted by Rana Mesbah
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