Minthis Lofos

Minthis Lofos is the latest neighbourhood at the Minthis Resort – Tsada, Paphos, Cyprus. The name Lofos means “hill” in Greek – accurately reflecting the location of this neighbourhood: situated at the highest point of the entire resort, offering 360° panoramic views of the Troodos Mountains, the golf course, and the Mediterranean Sea.

Lofos is positioned by Pafilia as the entry-point for investment into the Minthis ecosystem, with prices starting from €715,000 for a 2-bedroom apartment – significantly lower than other luxury villas in the resort while still exceeding the €300,000 threshold for the Cyprus Permanent Residency programme. Notably, Lofos is the only precinct at Minthis where Pafilia applies an investment scheme with a guaranteed minimum rental yield of 6% net per year for 5 years, making this precinct a balanced choice between lifestyle and return on investment.

3 Product Types at Minthis Lofos

The Lofos precinct consists of 3 different product lines, catering to the varying needs and budgets of clients:

1. Lofos 2-Bedroom Apartment (from €715,000) – Single-floor apartment with a floor area of 92 m², featuring an open-plan living-dining-kitchen layout, 2 bathrooms (1 ensuite), and a spacious veranda opening to views of the Troodos mountains. Suitable for individuals or couples who do not require high levels of privacy and prioritise a pure investment scheme.
2. Lofos Duplex Apartment – Duplex apartment with the bedroom on the upper floor (peaceful retreat) and living and reception space on the lower floor. The pinnacle of practicality and sophistication within Lofos. Price on application to Pafilia.
3. Lofos 3-Bedroom Villa (€1,200,000) – Single-storey bungalow-style villa, with a built area of 144 m² on a private plot of 363 m², 2 bathrooms (1 ensuite). The hallmark of the Lofos Villa is its expansive covered verandas instead of a private pool – optimising covered outdoor space for al fresco dining and entertaining, while reducing maintenance costs. Villa residents still have access to the communal infinity pool in the Lofos area.

All 3 product types use high-end finishing materials: clean lines, warm materials, floor-to-ceiling glass doors, open layouts, and architecture by Woods Bagot.

Exclusive Lofos Investment Scheme

This is the biggest differentiator of Lofos compared to other precincts at Minthis. Pafilia officially guarantees a minimum rental yield of 6% net per year for 5 years for Lofos units participating in the programme. Pafilia offers 3 different ownership packages for clients to choose from:

• Pure Personal Use Package – Clients use the property year-round, no renting. Suitable for clients wanting a personal second home, travelling between Vietnam and Cyprus.
• Pure Rental Package – Guaranteed minimum 6% net per year for 5 years. Suitable for investors seeking passive income from the EU resort market.
• Flexible Package – Combines seasonal personal use (e.g., 2-3 months/year) and renting when not in use. Suitable for clients with an international lifestyle who visit Cyprus in the summer and rent out at other times.

All rental operations are managed by the professional Minthis team – including guest reception, cleaning, maintenance, and marketing, ensuring clients do not have to worry about operations.

Minthis Resort – the investment case

Minthis is a luxury resort spanning 5 million m² located on the hilltop of Tsada (600m above sea level), 8km north of Paphos city centre (approximately 10 minutes by car) and 24km from Paphos International Airport. The entire area is located within the Natura 2000 nature reserve – only 3% of the area is built upon, with the remaining 97% preserved as natural forest. This altitude provides a distinct climatic advantage: summers are 6°C cooler than at the coast – particularly suitable for Vietnamese clients accustomed to hot climates.

Minthis won the 5-Star International Property Awards 2024-2025 for the Mixed-Use Development category in Cyprus. Currently, over 200 units have been sold to clients of more than 35 nationalities.

Lofos residents enjoy all communal amenities of Minthis Resort: an 18-hole championship golf course (Mackenzie and Ebert), a high-end Wellness Spa with a hydropool and thermal suites, a Clubhouse with a restaurant and bar, Amaracus restaurant, The Plateia – a village centre square with boutique stores, tennis and padel courts, a children's playground, hiking trails and mountain biking paths, vineyards, and organic gardens.

Special Benefits for Lofos Residents

Pafilia has designed benefits exclusively for Lofos owners that are not available in all Minthis precincts:

• Privileged spa access and golf course membership
• Personalised concierge service
• Infinity pools chung trong khu Lofos
• Right to choose 1 of 3 flexible ownership packages

These are the benefits that create exclusive value for the Lofos community compared to villa buyers in other Minthis precincts.

Comparison of 3 Lofos Product Lines

• 2BR Apartment (€715,000, 92 m²) suitable for individuals/couples, prioritising a pure investment scheme – the cheapest option to obtain Cyprus PR.
• Duplex Apartment (price on application) suitable for small families wanting more space with a 2-floor layout – private bedrooms on the upper floor, open living space on the lower floor.
• 3BR Villa (€1,200,000, 144 m² + 363 m² plot) suitable for a family of 4 or clients needing a private plot and large outdoor space – an upgrade from the Apartment with private outdoor space and 3 bedrooms.

All 3 types share the same 6% net/year for 5 years investment scheme and the same 3 Pafilia ownership benefit packages. The decision on which type to choose depends on the client's personal needs.

Pafilia – the developer

Pafilia Property Developers was founded in 1977 by Elias Eliades and is the largest private real estate developer in Cyprus with 49 years of experience and a 3 billion Euro investment portfolio. Pafilia is behind the ONE Limassol Tower and many other iconic projects. Pafilia is a leading market expert in Cyprus citizenship and residency programmes.

Cyprus Permanent Residence Programme

All Lofos products exceed the €300,000 threshold of the Cyprus Permanent Residency programme under Regulation 6(2). Investors, along with their spouse, children under 25 (full-time students), and dependent parents, can receive Cyprus permanent residency – a member of the European Union – with a processing time of approximately 2 months. Permanent residency is valid indefinitely, requires no renewal, and only requires visiting Cyprus at least once every 2 years.

Tax Incentives and Total Yield

Purchasing a Lofos product as a primary residence is eligible for a reduced VAT of 5% (instead of the usual 19%) for the first 200 m². Both the 92 m² Apartment and 144 m² Villa fully enjoy this incentive. In the case of purchasing for rental, the 19% VAT may be refundable. Combined with the 6% net/year for 5 years guarantee from the Pafilia investment scheme, Lofos is the most balanced choice in the Minthis portfolio in terms of price-to-liquidity-to-yield-to-EU-residency-rights ratio.