On Tuesday 20th of January 2004 DND Ltd were awarded two prestigious development Awards.

  Following this prestigous win, an article was written by the Daily Telegraph by Cheryl Markosky, see full article below.

The article was printed in the property section of the daily telegraph on Saturday 14th February 2004.
 

 

   
 
         
  A better class of whitewash

Judging overseas property requires many skills: the ability not to look disappointed when it rains in a place where the sun is supposed to shine on at least 360 days of the year, passing on those free baseball caps with developers' logos and, most difficult of all, fixing a gracious rictus smile when you catch that first glimpse of yet another derivative "Spanish-style" house.

Many schemes, sadly, are not so much ground-breaking as mind-numbing. They are unlikely to tap the soil in pioneering fashion while developers cater for what they believe the market demands. Instead of serving up a rich, 10-course meze, they dish out the property equivalent of embarrassingly soggy fish 'n' chips. It is oh-so-rare to find anything distinctive, to discover homes where original thought results in bold contemporary design.
So you have to admire Duro Neachtain Developments, which snatched the gold for best Cypriot villa from the "biggies" on the island, Lanitis Developments and Pafilia Property Developers. Bravely employing young Cypriot architect Andreas Vardas and giving him free rein (sales director Declan McNaughton jokes that Vardas interviewed the directors for his post, rather than the other way round), the company is constructing small, innovative, modernist schemes that draw on earlier architecture in the area.

"Many foreigners buy on price rather than quality and style," says Vardas. "We have a clear view of what we want to do. We are building in a modern way, but using traditional materials such as concrete, plaster and stone. Sometimes people say to me, `Why not do this instead and you would sell a lot more.' But we have a future, while the rest of these guys are like Coca-Cola, with their expiry date on the bottle."
  Award-winner Santorini Villas, a development of 12 houses about 15 minutes' east of Paphos, is certainly different from the run-of-the-mill pastiches that have already spread over too many of Cyprus's hillsides like a bad case of the measles. The three-bedroom houses with pool were not only deemed terrific value at CY£125,000 (£148,000), but also very special in architectural terms.

The solid, modernist look has been softened by incorporating slits in balconies and low, soft-grey walls at the fronts of the houses. Vardas has drawn from the local vernacular where possible, carefully adding more contemporary curves and small windows to frame vistas of the sea and hills while avoiding unnecessary heat during the summer months. "You cannot always rely on the plans. When we started building, sometimes it was better to alter the size of the windows, or move them over a bit to capture the best views," he says.

The first-floor rooms feature higher than expected vaulted ceilings and two naturally cross-ventilating balconies - one shaded and one in the sun. Although ceiling fans and air-conditioning can be switched on, Vardas's design is likely to keep the houses pretty cool without clocking up large electricity bills. Most refreshing of all, however, is the way he used design solutions to hide the ghastly water tanks that are often perched on the tops of houses on the island. His next projects with DND are a small "carless" village (you can't take vehicles into the centre) of houses built around internal courtyards near Letchi, and luxurious, glass-fronted houses on the side of a hill at the top of Peyia.

Why are the British interested in buying on Cyprus? In somewhat xenophobic terms, they like to be somewhere where they can drive on the right side of the road (ie, the left) and where the locals speak the Queen's English.
 

The legal system is similar to the one at home, the flight is only four hours and they don't even have to buy an adaptor for the hair-straightener. It is hot, sunny and foreign -- but not alarmingly foreign.

With links dating back to 1914, when Cyprus was annexed by Britain after more than 300 years of Ottoman rule, the island retains many aspects of its crown colony past. And although it has been independent since 1960, the marketing blurbs for new developments here declare "you feel at home in Cyprus".

With Cyprus joining the European Union in the spring, this should provide a more stable base for those wanting to buy homes. However, swapping the Cyprus pound for the Euro could push prices higher, with agents claiming capital appreciation of about 20 per cent over the past 18 months in the Paphos area. The average price of a two-bedroom apartment is CY£60,000 (£71,000) and CY£130,000 (£154,000) for a three-bed villa. EU membership will change some rules, including abolishing limits on how much a foreigner can own and allowing them to rent property to earn income.

Written by: Cheryl Markosky

 
             
  To see to full article on the telegraph web site, click here  

 

 

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