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2 ABOUT PROSPECTA PROPERTY DEVELOPMENT Building high quality award winning properties in the idyllic seaside town of Pafos in Cyprus since 1980, Prospecta Development is an independent family run company with an excellent reputation for developing stunning modern homes, while providing investors with the ideal property solution that dreams are made of. Committed to providing clients with cutting edge design, top quality specifications and professional customer care, client needs are at the heart of each and every project. Taking great pride in a hands-on approach, Prospecta s professional team guides and advises clients every step of the way, from the initial planning, to the final stages of construction. Having built a variety of stunning houses for Chinese investors in varying sizes and styles - with an expertise in developing villas, townhouses and apartments - Prospecta are ready to transform your unique vision into a reality while creating lifelong relationships! 02

3 OUR SERVICES WHY CHOOSE PROSPECTA? Professional team with over 30 years experience Quality personalized customer service Airport pickup Experienced and committed sales advisors to guide you through every step of the Cyprus buying process Property management and maintenance Best locations of residences Competative housing prices Superior construction quality Housing rental Garden and swimming pool maintenance Assistance with Residence Permit application Interior design and furniture selection Assistance with school enrollment, medical insurance and legal matters No mortgages or loans Commitment to customer service Personalised experience 04

4 CYPRUS WHERE EAST MEETS WEST DID YOU KNOW? Cyprus attracts millions of visitors a year, more than any other Mediterranean island! Cyprus is a full EU member since 2004 The Euro was adopted by Cyprus as its unit of currency in 2008 Both the legal and the land registry system are based on British law. i USEFUL INFORMATION At the crossroads of Europe, Africa and Asia, the island of Cyprus enjoys a prime geographical location of great strategic importance in the north-eastern Mediterranean. Boasting 10,000 years of colourful and intricate history and civilization, East meets West in the most glorious fashion with swish modern eateries and luxury hotels befriending stunning ancient sites which call out to greet you around every corner. Blessed with a warm and balmy climate and almost year-round sunshine, lovers of the outdoors are spoilt for choice with champion golf courses beckoning sporty types while keen swimmers, hikers and cyclists can make the most of the fascinating scenery. Whether you wish to explore the island s glistening seas and sandy bays, or yearn to travel through breathtaking mountain trails that cut through rugged pine clad mountains up to the highest peaks of Troodos - towering almost 2000 metres above sea level - there s plenty to excite you! POPULATION AREA CAPITAL CURRENCY LANGUAGE RELIGION WEATHER Γειά! Hi! 1,200,000 9, 251km NICOSIA EURO (EUR) Greek, although English is widely spoken Greek Orthodox 326 days of sunshine on average a year (California climate) Cyprus is 9x the size of Hong Kong Cyprus is 13x the size of Singapore 06

5 L I F E S T Y L E Rated one of the places to go in 2017 by the New York Times, Cyprus is renowned the world over for its enviable laid back island lifestyle, offering a high standard of living in a clean and safe multicultural environment. In ValuePenguin s Safest Countries in the World ranking (2015) the island has been ranked the fifth safest country and the safest smallest country in the world. All this is complement by year-round sunshine, the best of art and culture, all modern amenities and Did you know? Cyprus has been awarded 57 Blue Flags in 2015 for its beaches, wearing the gold crown as the country with the most Blue Flag beaches in the EU and most Blue Flags per capita in the world! 57 BLUE FLAGS! wealth of opportunities for adventure and exploring at your fingertips. That s not to forget the healthy Mediterranean cuisine where fresh fruit, vegetables and olive oil are the stars of the show, all contributing to an exceptionally high quality of life. 08

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7 PA F O S AT A G L A N C E Often likened to an open-air history book, Pafos is tombs. brimming with ancient sites bringing the past to life Luring in culture lovers with high quality annual every step of the way, with the entire town designated international festivals and performances, many of a UNESCO World Heritage Site. Pafos sunkissed which take place in ancient open air theatres, the shores are also renowned as the mythological leading cultural hub has been enjoying world attention birthplace of Aphrodite, the Greek Goddess of Love and drawing in cultural investment with its status as and Beauty. European Capital of Culture Situated in a prime position on the South-Western In a town where history brilliantly befriends modernity, coast of Cyprus and home to its own international inspired by the past but moving full speed ahead airport, visitors from around the world flock here to into the future, fine cuisine is dished up at modern catch a glimpse of fascinating Roman mosaics, a restaurants which surround the town s charming old medieval castle, frescoed churches and intricate port, while the area is also home to some of the island s most glamorous hotels. The hub of Pafos town is the cleanest in the world with countless beaches in the area s business centre, offering specialised services area honoured with the world-renowned Blue Flag from banking and accounting to legal services and eco-label. The area is also home to the Akamas Nature more. Reserve, boasting the most beautiful untouched nature on the island, with some of the finest nature With beaches that dreams are made of, the rugged trails and panoramic views in the country. coastline cocoons sandy bays and pebbled coves, with the crystal-clear waters revered as some of the 07 12

8 F L I G H T S & L O C AT I O N C L I M AT E An island blessed with fresh air, warm weather and year-round sunshine, just kick back and enjoy bright blue skies and endless views out to sea! How long it takes to travel form Cyprus to Europe (UK, Italy, France, Germany etc) CYPRUS ATHENS, GR 1HR 35mins BERLIN, DE 3HRS 35mins LONDON, UK 4HRS 30mins HONG KONG, CH 10HRS 15mins BEIJING, CH 9HRS 20mins ROME, IT 2HRS 55mins PARIS, FR 4HRS 10mins MADRID, SP 4HRS 35mins GUANDONG, CH 10HRS 5mins SHANGHAI, CH 10HRS 25mins 14

9 EDUCATION - Excellent destination for British education (Cyprus boasts many private English schools enabling entry into EU, USA and Canadian universities) % literacy rate - Cambridge University enrollment ratio is 164% higher than China - 6% GDP for education - According to the latest available data, Cyprus has the highest tertiary education percentage within the EU (2015: 54.6% in Cyprus compared to a 38.7% EU average) MEDICAL CARE Offering healthcare of the highest international standards and a key international player on the world medical tourism map, Cyprus is well known for its advanced medical care attracting thousands of visitors. Home to 6 state hospitals and approximately 80 private hospitals and clinics, all Cyprus doctors have trained abroad and are highly specialised, with wide expertise in a great number of healthcare branches. Medical insurance is easily accessible, offering the optimal option for you and your family, ensuring the utmost peace of mind. Many insurance policies also cover travel abroad, negating the need to take out a separate insurance when going on holiday. - Public schools are free of charge for all Cyprus residents - Three state and five private universities in operation, while at nonuniversity level, there are five public and thirty private institutions in operation, all of which are affiliated with UK and USA universities. - Cyprus is an ex British colony and member of the Commonwealth, offering high standard and affordable British education (3-6 times cheaper than China) - Three UK universities have campuses in Cyprus students from Cyrus earned a place at the University of Cambridge in 2017 in comparison to only two from Shanghai which has a population of 30 million. 16

10 BUSINESS ENVIRONMENT A dynamic and forward thinking international business centre and important financial hub, Cyprus boasts a modern, free-market service based economy with an effective transparent regulatory and legal framework offering international investors and domestic businesses confidence to invest, grow and prosper. SRATEGIC LOCATION Cyprus is an ideal investment gateway into Europe, soaring in is property sales. The sector is pursuing an TAX SYSTEM HUMAN TALENT & QUALITY OF PROFESSIONAL SERVICES Asia and the Middle East. The country is continuously innovative strategy, targeting high-grade clients with working on creating new partnerships and promoting a range of exclusive villas, golf course and seafront Cypriot products and services in as many countries developments as well as boutique townhouses. as possible, which presently include the Middle East, Central and Eastern Europe, the USE, Canada, China, During May 2017 property sales to non-cypriots around the country rose by 348% compared to May HUGH QUALITY OF LIFE ECONOMIC PROSPECTS & OPPORTUNITIES India and Iran Pafos benefitted from the highest success rate One of the most successful sectors Cyprus is currently of 533%. ADVANCED INFRASTRUCTURE LEGAL & REGULATORY FRAMEWORK - Cypriot Ministry of Finance predicting a growth rate of 2.5% to 3% in With 2016 having witnessed a 9.1% increase in foreign direct investment. competitive rates, the island s human talent is one of its most compelling competitive advantages, with Cypriots being highly educated, qualified and almost all bilingual. Moreover, business is still conducted with a personal touch. Cyprus continues to be on top of the list for investors, holiday-home seekers, expats and retirees, with the traditionally popular areas of Pafos and Limassol leading the way a trend which will continue throughout 2017 and With Cyprus catering to the diverse needs of investors with top level financial, legal, technical and management services offering services at highly Cyprus boasts a comprehensive, modern and forward thinking legal and regulatory framework based on principles of English Common Law. The country s legal framework is widely recognised as a business friendly and effective system, facilitating reliable and transparent business practices. 18

11 NATURAL GAS SHIPPING - 2.8% Growth Rate for 2016 With Cyprus now widely regarded as an energy hub At the crossroads of busy sea trade routes, - Faster expansion than the Eurozone average in 2016 for Europe following an offshore natural gas field Cyprus enjoys great prestige the world over as an discovered off the southern coast of the island, the international shipping centre, and claims pride of - Continuous upgrades by International Credit rating agencies island is now witnessing great foreign investment place as the largest Ship Management Centre in the from countless major energy giants including Noble EU. Home to some of the biggest international names - Government Projection of a growth rate of 2.5%-3.0% for 2017 Energy, Shell, ENI, KOGAS, Total and Exxon-Mobil. in the world of shipping, Cyprus offers the only EU FACT BOX - 9.1% increase in Foreign Direct Investment in 2016 Expected to further boost the Cyprus economy and the real estate industry, it is estimated that about trillion cubic feet (tcf) are located within Cyprus approved Tonnage Tax regime. Cyprus is also the 2nd largest Ship Management Centre globally, with the 3rd largest merchant fleet in the EU. Cyprus today maritime exclusive economic zone, at an estimated is home to 1,022 registered vessels with 21 million TAX ADVANTAGES SIGNIFICANT DEVELOPMENT value of US $400bn. gross tonnage. PROJECTS With one of the simplest tax regimes in the world and only 12.5% corporate tax rate, Cyprus boasts one of the most appealing tax systems in Europe. With no inheritance tax in Cyprus, the island is listed on the Organisation for Economic Cooperation and Development (OECD) white list as one of the 45 countries that have introduced and implemented the highest international standards on harmful tax practices. Did you know? From luxury resorts to marinas, golf courses and leisure parks, a great number of large scale development projects are now in the pipeline, attracting significant foreign investment. A new casino aspires to be largest European integrated casino resort in Europe, with spas, hotels and more. The towns of Pafos, Ayia Napa and Larnaca are also set to play home to their own luxury marinas in the near future, following in the successful steps of the Limassol Marina. - Cyprus has no inheritance tax - Cyprus has only 12.5% flat corporate tax rate. - Cyprus enjoys Double Taxation Treaties with 57 countries TOURISM A real holiday hot spot, tourism is one of the driving forces of economic growth on the island and one of the largest economic sectors in Cyprus, with millions of visitors arriving on the island each year to soak up the sun and the island s incredibly rich history and culture. According to the Fourth Edition of the Cyprus Tourism Market Report, conducted by KPMG, Cyprus and has experienced substantial growth over the last five years, with tourists reaching 3,2 million in

12 CYPRUS C I T I Z E N S H I P BY INVESTMENT POLICY (INVESTMENT CRITERIA AND CONDITIONS) - Cyprus EU Citizenship may be obtained through a secure property investment of 2 million, provided the property/ies is/are residential. - The investment can be a single property or combined property portfolio. - The main investment may be sold after a period of 3 years, however, the investor must always maintain/ purchase a property with a value of at least 500,000 - Clean criminal record is required - The investor s parents are entitled to apply for Cyprus Citizenship by Exception provided that they have purchased a permanent residence of at least 500,000 plus VAT. This amount can be pulled in the main investment, if preferred. ADVANTAGES - Fast and Simple Cyprus EU Citizenship by investment can be obtained within 3 months - Cyprus allows for dual citizenship - Free Movement - unrestricted right to live, work, travel and study anywhere in the European Union, Norway, Iceland and Liechtenstein - Visa-free travel to 168 countries - No physical residency requirement - Passports issued to the investor, their spouse and dependent children up to age 28, provided they are in full-time education Investment in Property 2 Million Time to Citizenship 3 Months - Citizenship is passed on by descent, providing a legacy to future generations - No language requirement, medical test or interview - Eligibility All nationalities are eligible for the programme EU Dual Citizenship - No tax consequences, unless you opt to become tax resident in Cyprus Family, Spouse, Dependants up to 28 & Parents of Investor - Pure investment in a free hold property, no donation required Travel to 168 Countries Visa Free X Investment Period 3 Years NO Residence Requirement 22

13 PERMANENT RESIDENCY POLICY ADVANTAGES - Participants need to invest a minimum of (plus VAT) in a property. - Permanent Residency is granted for life. - Application is initiated following the investment of the first (plus VAT) - Permanent residency applies to all the family including children under the age of 18, as well as children up to the age of 25 if unmarried and are financially dependent. - Permanent Residency is granted to 3 generations - granted to the applicant, the applicants children and to the parents of the main applicant, as well as to the parents of the applicant s spouse - Once you have received your permanent residency you must visit Cyprus once within the first year of purchase and then every two years. - The residence permits are issued to third country nationals in a uniform format as an ID card. - The only Permanent Residency Programme that is valid for life - Easy access to Europe - No language requirements - No living requirements - No medical requirements - Investment in a Freehold Property - The Permanent Residency will be granted within 2 months from the day of submission. - No inheritance tax - 5% VAT on the first property purchase - Enables you to own a business in Cyprus 24

14 PAFOS LANDMARKS 01 - Kings Avenue Mall 02 - Ancient Theatre & Lighthouse 03 - Medieval Castle 04 - Pafos Archaeological Site - Mosaics 05 - Pafos Archaeological Site - Tombs of the Kings 06 - Pafos Archaeological Site - Fabrica Hill 07 - Pafos International Airport PROSPECTA LANDMARKS Prospecta office 09 - St George Residence I 10 - St George Residence II 11 - St George Gardens 12 - Sea Residences The Forum 14 - Prospecta Plaza 15 - Ayia Vryoni Villas The Fountains

15 PROPERTIES With a focus on individual villas, apartments and townhouses, Prospecta has also drawn on its expertise to expand into developing larger joint venture residential and commercial projects including shops and hotel apartments. PROSPECTA ST. GEORGE GARDENS An idyllic location with breathtaking sea views and magnificent sunsets, this ultimate address lays the sea at your feet in the true heart of Kato Pafos. Prospecta St. George Gardens will be creating a life that not only feels good on the outside, but feels great on the inside, with each of the 16 houses spread out over three floors, including a spectacular roof terrace. Our business expands to 2 different areas: Prospecta Development: One of the leading property developers in Cyprus, founded in Prospecta Development develops and constructs residential communities in the Paphos and Nicosia areas. Prospecta Homes Services: This company deals with bespoke residences and joint ventures either residential or commercial. Sea 200m Coral Bay Beach 4km King s Avenue Mall 2km Pafos Harbour 3km Supermarket 500m Hotel 300m Airport 20km Hospital 2km Private British School 1km Banks, pharmacies, restaurants, supermarkets, and schools are minutes away. 28

16 PROSPECTA ST. GEORGE RESIDENCES I A limited collection of 14 villas located within a private enclave ideal for permanent living and boasting great ambiance in the city centre. Ideally located between the cosmopolitan Pafos centre and the St George hotel area with its stunning views out to sea, Prospecta St George Residences provides its residents with the best of both worlds a secluded gateway with easy access to the action. Sea 200m Coral Bay Beach 4km King s Avenue Mall 2km Pafos Harbour 3km Supermarket 500m Hotel 300m Airport 20km Hospital 2km Private British School1km 30

17 P R O S P E C TA S T. G E O R G E R E S I D E N C E S I I Perfectly situated in the heart of Kato Pafos by the sea in the St George area, Prospecta St. George Residences II combines the very best of modern architecture and contemporary elegance in a prime location. The exclusive development comprises of 21 luxury villas. Sea 100m Coral Bay Beach 4km King s Avenue Mall 2km Pafos Harbour 3km Supermarket 500m Hotel 300m Airport 20km Hospital 2km Private British School 1km 32

18 PROSPECTA PLAZA Prospecta Plaza combines cutting-edge sophistication with modern design to suit those who aspire to live on their own terms. A mix development of nine villas, three lofts and nine apartments, Prospecta Plaza encourages its residents to define their own space. Villas include secluded gardens, roof gardens and optional private swimming pools, creating a relaxing private environment and oasis in the heart of the city. Prospecta Plaza is located in the heart of Pafos, just off the Pafos harbour. With great access to schools, shops, restaurants and Blue Flag beaches, the area is known as the Universal area ; a great place to live, work, shop and play. The neighbourhood includes every amenity to complement modern living. Sea 1km Coral Bay Beach 6km King s Avenue Mall 1km Pafos Harbour 1km Supermarket 100m Hotel 1km Airport 18km Hospital 1km Private British School 2km 34

19 PROSPECTA SEA RESIDENCES AYIA VRYONI VILLAS A limited edition of 5 villas and 2 shops located within a private enclave ideal for permanent living with great ambiance in the city centre. Ideally situated between the cosmopolitan Pafos centre and St George Hotel area with its magnificent sea views, Prospecta Sea Residences provides its residents with the best of both worlds -a secluded gateway with easy access to the action. Located in the breathtaking suburban village of Mandria, just a short drive from Pafos, Mandria village provides easy access to Pafos airport, the highway, golf courses and the beach, yet still maintains its quiet residential atmosphere. Ayia Vryoni Villas feature twenty meticulously crafted 3 and 4 bedroom bungalows and villas. Each property offers high specifications and an optional private swimming pool. Mandria village boasts spectacular scenery, with each property just 200m from the beach. Sea 400m Coral Bay Beach 4km King s Avenue Mall 2km Pafos Harbour 3km Supermarket 400m Hotel 200m Airport 20km Hospital 2km Private British School 1km Sea: 200 metres Pafos Town: 14km Supermarket 2km Airport: 5km Nearest Golf Course: 3km 36

20 THE FORUM THE FOUNTAINS An exclusive development of 6 detached 3 and 4 bedroom properties in spectacular surrounds. All houses are designed to offer a sense of space both inside and outside the house, whether from your own garden or from the communal green area. Nicoletta Court 19, also known as The Fountains, has been designed for community living. The complex is located in Peyia and is made up of 19 properties which include detached villas and terraced townhouses, all set around the complex s pool. An elevated site, each property benefits from sea and mountain views and an abundance of high specifications. Sea 3 km Coral Bay Beach 7km King s Avenue Mall 3km Pafos Harbour 4km Supermarket 500m Hotel 3km Airport 21km Hospital 3km Private British School 4km Sea 5km Coral Bay Beach 5 km King s Avenue Mall 15km Pafos Harbour 15km Supermarket 1km Hotel 4km Airport 25km Hospital 4km Private British School 5km 38

21 CUSTOM BUILT VILLAS We also have luxurious plots of land available where custom built villas can be designed and constructed by our highly qualified architects and engineers who along with ourselves will guide our clients every step of the way in designing their home. 40

22 TAKE ME HOME

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