They say that the shrewd investor takes three things into account when investing in property; location, location and location. And what better location for an overseas investment in Europe than Cyprus, with it’s superb climate, azure seas, miles of sandy beaches and mountain vistas, all within easy reach of each other. Cyprus is a sun-drenched, island state where nearly everyone speaks English, they drive on the left, the legal system is based on the British model, and one can still find the odd red pillar box or telephone booth – relics of the island’s colonial past.

Couple this with a population of under 800,000, strong family values, and a relaxed, island mentality, it gives a veritable paradise; a natural mix of Mediterranean attitudes and north European standards, with one of the highest standards of living and lowest crime rates in Europe. As something of a bonus to foreign residents and investors, international and mobile phone rates are also the lowest in Europe.

Cyprus is situated in the south-eastern corner of the Mediterranean and is the third largest island in the region with an area of 9.251sq km, 17 percent of which is forested making it one of the greenest islands in the Med. Cyprus is a small but diverse country with a plethora of landscapes and microclimates created by three geological areas, the Pentadaktylos range to the north, the Troodos massif to the south, and the Messaoria plain between the two.

The climate in Cyprus is known for its abundant sunshine and mild temperatures, which range between 29 and 34°C in July and August, and drops to a still comfortable 10°C in deepest winter. There is an average of 11 hours of sunshine a day from April to September.

C & A Toumazis Developers have been delivering high quality constructions to happy customers in Cyprus and Greece for more than 50 years. A family run business now in its second generation, the top management team are Nakis, Kyriakos and Alexis Toumazis, all of whom studied and worked in the UK for several years before returning to Cyprus as a highly qualified and experienced chartered surveyor, chartered accountant and civil engineer/MBA, respectively, to take over the reigns at C & A Toumazis.

History
The company continues to thrive and prosper on the same old-fashioned values of honesty, integrity and great craftsmanship upon which the company was created over 50 years ago. Like their forefathers before them, they put people before property and maintain that the purpose of a sale is always to meet the needs of the client. As a result they enjoy a consistently high ratio of repeat sales and have a long list of happy property owners to recommend them.

Nakis, Kyriakos and Alexis maintain that the buildings they erect are only as good as the 150 skilled professionals they employ to design and build them, so they invest in looking after them. The company was one of the first in Cyprus to achieve the coveted ISO 9001 certification and they regularly win state prizes for health and safety standards on their sites.

The standard they set is to deliver beautiful and functional design and consistently high quality in construction and reliability with outstanding personal service. The same standards apply whether they are working on a dream villa on a hill overlooking an impossibly blue sea, or a new sewerage system.

As location really is at the core of any successful construction project, Toumazis sites are always selected after careful research of all the indicators and the same attention to detail applies to the way they build their buildings, which have to be both ergonomically sound and aesthetically beautiful.

Variety
C & A Toumazis Developers provide clients with a comprehensive list of services from the design and construction of houses and buildings, to the supply and installation of specialised systems, electrical appliances, furniture and accessories as suggested by interior designers. Toumazis Developments can be seen throughout the Famagusta region, in Limassol, Nicosia, as well as in Athens.

The portfolio of investment properties on offer is aimed at all kinds of buyers and various levels of investment. These range from two-bedroom, terraced houses to high-end, detached villas; from one-bedroom, residential flats to exclusive, four-bedroom, luxury apartments, from high tech offices to large showrooms in prime, commercial locations; to exclusive residential units and yacht berths to the forthcoming Makronisos Marina at Ayia Napa.

For a moderate investment in a residential property the ideal location is Anemomylos Gardens in sun-drenched Paralimni. This complex of 18 two-bedroom, terraced houses with communal pool is conveniently located close to all amenities and to the beach. For those who prefer not to have a pool around, Othellos Gardens, also in Paralimni, is a charming complex of 18 two and three-bedroom, terraced houses.

For a larger investment Artemis Villas comprises just sixteen exclusive villas, only 250m from the famous sandy beaches of Protaras. Each private villa is beautifully designed with three bedrooms and a private pool.

A growing number of investors are now looking for city properties but would still like to be near to sea. There are few better choices for the best of both worlds than Limassol, Cyprus’ second-largest city and commercial centre, and largest beach resort. Olea Wellness Residence in Limassol is designed to respond to this growing market with a complex of one, two, three and four bedroom apartments. The last floor apartments offered with roof garden enjoying beautiful sea views. The project offers a hotel like lobby, a fully equipped gym, fitted with sauna and changing rooms, for the exclusive use of the property tenants.

Unique investment opportunities exist at the high end of the commercial sector in Cyprus and Toumazis Property Developers has a hefty portfolio of commercial projects including offices and showrooms in prime locations, in Limassol and Nicosia.

Ayia Napa Marina
Last but certainly not least C & A Toumazis Developers is one of the three major partners in the Makronisos Marina Consortium which is currently in the final stages of negotiations with the Republic of Cyprus for the award of the Built Operate and Transfer (BOT) project of the Ayia Napa Marina. The Makronisos Marina at Ayia Napa will be a unique Marina Resort, a jewel of the Mediterranean as top consultants and architects have been involved in its design and will accommodate 600 berths for yachts of all sizes and exclusive residences of the highest standard.