Platres



Platres is one of the highest mountain resort villages on the island, its altitude (1,200m) resulting in breathtaking views and a favourable climate for year-round outdoor activities.

Platres has been a popular holiday resort village for the local population for many years and once used to be a location of choice for several European popular personalities and aristocracy.

The population of the resort fluctuates depending on the season. Although there are only 250 permanent residents, the population increases by several multiples during the summer months.

The local climate is mild, with daytime temperatures averaging 6˚C during winter and 22˚C in the summer. This compares favorably with other areas of Cyprus where temperatures tend to fluctuate more, with summer months becoming very hot (average daily maximum of 36˚C compared to 27˚C in Platres), hampering mobility and outdoor activities.

The resort is at the edge of mountainous Troodos forest, and is surrounded by pine trees and other vegetation (protected under strict town planning regulations). The local flora is considered to be of the most diverse on the island, and is a major attraction for nature lovers across Europe.

Platres resort is small and tranquil, yet it offers easy access to the highway system connecting it with airports and major cities. Limassol (Cyprus’ second largest city) is only 35 minutes away and it takes about 1h 20mins to/from Nicosia (the capital), making it easily accessible as a weekend retreat for locals. For international visitors, the Larnaca and Paphos international airports are 1h 15min and 1h’s drive respectively.

Platres resort is peaceful yet easily accessible resort with a favourable climate that allows for outdoor activities throughout the year.

Amenities and facilities:

Platres has historically been one of the Troodos region’s main villages. Therefore, it has an above average level on infrastructure, services and facilities in place for both residents and visitors. The resort also has a long reputation as a tourist destination and caters for this role accordingly with accommodation, restaurants, entertainment and outdoor activities.

Although Platres is a small mountain village, it has very good infrastructure and facilities for locals and tourists alike and is able to meet the demands of a diverse range of visitors with varied requirements.

Basic Amenities: 

•    Facilities in the town include: hospital, kindergarten, post office, police station, forestry station, bank branches, petrol station, churches, Tourist Information Office, Electricity Authority of Cyprus and the Cyprus Telecommunications Authority. 

•    A public hall (the George Seferis Hall) housed in the traditional building of the old municipal market offers a venue for events such as exhibitions, conferences, seminars, concerts, etc.

•    The resort has seven operational hotels and guest houses with a combined capacity for about 700 people. There are many traditional taverns and cafes to cater for guests of these establishments.

Recreational Facilities: 

•    The Platres Athletic Sport Centre includes facilities for football, mini football (futsal), basketball, tennis, volleyball, handball, cycling, as well as other fitness/gym and spa facilities. The centre hosts many tournaments and is a popular practice location for Cyprus’ first division football teams during the hot summer months. The bicycle centre, in combination with several Troodos Cycling Routes, attract many visitors.

•    A few popular nature trails start in Platres. The trails range from 1km8km and traverse through the mountainous pine forests, encountering streams with Venetian bridges and waterfalls on route. 

•    Cyprus’ only chocolate making workshop is located in Platres. Various unique chocolates are on offer to taste and purchase.

Possibilities and Opportunities: 

Platres has traditionally been a popular tourist destination, especially among Cypriots. However, its tourism market has slowed in recent years due to lack of new initiatives and due to a shift among locals towards preferring beach holidays to mountain retreats. The market can potentially be boosted though by reimagining the tourist product, backed-up by the opportunities offered by Platres’ developed infrastructure and natural resources. Platres and its surrounding environment have much potential to benefit from the surge in special interest tourism that has been noted internationally in recent years. The concept of special interest or alternative tourism emphasizes personal enrichment, learning, authenticity and active participation and include nature-based tourism, cultural tourism and adventure tourism.

Nature-based tourism (Ecotourism)

•    The natural environment is the focal point. Tourists engage in activities ranging from exploring the unspoiled natural environment, studying flora and flora, to various outdoor activities (often specifically those practiced by locals).

•    Platres is an ideal venue for many of the activities falling within this category, including: hiking, cycling, picnicking, birdwatching and many more. 

Cultural tourism 

•    A region is visited to experience its unique ethnic and religious characteristics. Tourists seek to observe how locals live, work, play and interact with their natural environments. Local cuisine, art and music are integral to the experience.

•    Traditional village and rural life can observed in Platres and neighboring villages. Visitors could sample local produce, e.g. wine and chocolate, and perhaps get involved in the production process. Cultural events/festivals involving local food/beverage, music and other performances could be arranged to attract locals and foreigners alike.

•    Workshops are offered for pottery, candle making, soap making and painting.

Adventure Tourism

•    Travel revolving around activities which typically involve some element of risk and usually requiring specialized skills and physical exertion. 

•    Examples of activities in this category which Platres offers or could offer include: mountain climbing, paragliding, skiing/snowboarding, mountain biking, longboarding and mountain boarding.

Athletic Tourism

•    In this form of tourism, athletes of various fields are attracted for training, sports events and tournaments.

•    Platres’ sport centre has all the facilities required to attract this market and already hosts football academies and many other events. The cool and fresh mountain air and great views gives it an advantage over other locations. Furthermore, some the activities mentioned above under the other special interest tourism types (e.g. mountain climbing and wine tasting) would make for ideal team-building activities for sports teams visiting Platres for training.

In addition to the traditional tourist makeup, Platres has plenty of potential for attracting more visitors through special interest tourism. The range and diversity of potential activities on offer cover all the seasons, which could stabilize the market throughout the year and reduce the seasonality of tourism revenues.

Verdict 

Platres is an extremely promising investment region presenting many opportunities, because of the unexploited potential and the investment prices that are generally based on current data and not on the real potential that could be applied and that is boosted as we speak from the government and European Union efforts and support. 


Platres: Investment opportunities


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Minerva Hotel

Target investment:: €1200000.00
Type: Hotels
The Jewel of Platres. Stylish Colonial Treatment in the Green Heart of Cyprus.
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Pendeli Hotel

Target investment:: €5500000.00
Type: Hotels
Pendeli Hotel (1940) in the heart of Platres, a four storey building with private pool, spa, conference room, concierge, bar and private parking.
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3 Plots of Land, 1250 SQM

Target investment:: €200000.00
Type: Residential land
3 connected Plots of Land in Platres of total area 1600 SQM, of which 1250 SQM are net for building and the rest consist of road and green area.
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Plot of land, 3800 sqm

Target investment:: €300000.00
Type: Residential land
Plot of land with building permit. The plot can be divided into two plots of 1500 sqm each.
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House with Garden, 920 sqm

Target investment:: €333000.00
Type: Residences
Unfinished villa that could serve as primary or secondary home on the Platres main street.
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3 Bedroom House, 155 SQM

Target investment:: €300000.00
Type: Residences
A beautiful family home is available for sale. Except of its 3 bedrooms, it possesses a comfortable living room with fireplace covered veranda with pergola and 2 balconies.
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Old mansion (residence or hotel)

Target investment:: €850000.00
Type: Hotels Residences
A beautiful, traditionally built mansion in Pano Platres to be used either as home or hotel.
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Edelweiss Hotel

Target investment:: €1500000.00
Type: Hotels
Beautiful hotel in close proximity to the village centre that has been a reference for vacationers for over 40 years is available for sale.
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Building with 6 Flats

Target investment:: €0.00
Type: Hotels Residences
Residential building with 6 flats. Could be used either as hotel or residences.
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Large family owned mountain villa

Target investment:: €950000.00
Type: Residences
Large family owned mountain villa with beautiful forest view from all the sides.
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Platres: Investment opportunities


Platres: Communities


Platres

Platres is one of the highest mountain resort villages on the island, its altitude (1,200m) resulting in breathtaking views and a favourable climate for year-round outdoor activities. Platres has been a popular holiday resort village for the local population for many years and once used to be a location of choice for several European popular personalities and aristocracy.
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Kakopetria

Kakopetria is a town in Cyprus located 55 kilometres (34 mi) southwest of the capital, Nicosia, on the north facing foothills of the Troodos Mountains. It stands at an altitude of 667 metres and it is the highest village in the Solea Valley. The community has about 1,200 permanent inhabitants and about 200 more who either have a summer house or are originally from Kakopetria but work in Nicosia.
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Pedhoulas

Surrounded by pine woods, rich spring waters and cherry trees, the village of Pedhoulas lies in the Marathasa valley, high on the Troodos mountain, at an altitude of 1100 m.a.s.I. It takes the same time to reach Pedhoulas either from the capital of Cyprus, Nicosia, or the town of Limassol on the south coast of the island. Pedhoulas is also situated very close to mount Olympos, the highest peak on the island.
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Platres: Communities


Platres: Added value


Wine Routes

With a history in wine making dating back to the Bronze age, Cyprus has been in the forefront of wine production for over 5,000 years. The Mediterranean climate and the fertile slopes of the Troodos mountain range created the ideal environment for vineyards to blossom. The development of indigenous varieties as well as the cultivation of other grape varieties, warrants the creation of exquisite wine.

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Troodos Annual Events

Local themed events

May: Rose Festival Agros Village

June: Cherry Festival Pedoulas village

June: Revival Festival Dora Village

June: Aromatic and healthy herbs Festival Platres Village

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Troodos Nature Park

Found at the heart of the Troodos mountain region, is a cluster of picturesque villages engulfed in lush forests and offering majestic views. The Lemesos (Limassol) Mountain Resort region, has to offer numerous opportunities for adventure, relaxation and everything in between. Step into adventure with one of the many networks of nature trails, suitable for all ages and fitness levels, or explore the region with mountain biking along cycling routes.

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Adventure parks

The fresh mountain air filling your lungs, the gushing waters winding through the mountains and the towering verdant peaks awaken the desire for an adventure unlike the rest. Whether it’s a fun filled family excursion, an adventure with the pals, an experience with your colleagues or a fund day out with your special someone the Troodos mountains promise an action packed day that you will remember for days to come.

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Nature Trails & Hiking

With a favourable climate all year round, the great outdoors of the island is easily accessible, and offers a myriad of opportunities to take a journey through nature, history and culture, thanks to the numerous sign­ posted paths and nature trails. A total of 22 designated walking trails have been created to highlight the beautiful landscapes and strong Mediterranean character of the island.

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Troodos Cycling Routes

Troodos offers an opportunity to get some fresh air and explore nature on a bike! As a Mediterranean island it is blessed with sunshine throughout the year and stays shy of headwinds, making the mountain region a biker’s paradise. Within a distance of 10 km, explore rapid changes in terrain and scenery, from rocky to clay and steep to flat. Find a number of bike centers dotted throughout the island offering rental service, route information, guide, assistance and support.

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Unesco Heritage

One of the first chosen lands the Apostles chose to spread the message of Christianity, Cyprus has deep religious roots. Being incorporated in the Classical Roman Empire and the Eastern Byzantine Empire, the island had many Byzantine monuments worth visiting. Ten of them are of such great importance and historic significance they were included in the UNESCO World Heritage List added in 1985. Churches dating from the 11th to 17th century can be found in the Troodos mountain range.

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Troodos Waterfalls

The gorgeous green wilderness of Troodos, nurtures some magnificent waterfalls. They may be rather small in size compared to those found in the rest of the world, but that certainly doesn’t mean that they aren’t beautiful. What’s more, you often have to make your way through some magnificent nature trails to get to them, as you’re given the chance to really experience the wild thick of things in the real rugged heart of the island.

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Platres: Success stories


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Platres: Success stories