It stands on the top of a plateau, at an average altitude of 680 metres. It is to this altitude that it owes its good climate, a dry and cool summer and a non-freezing winter.

The community receives an average annual rainfall of about 640 millimetres; vines, legumes, cereals, and fruit-trees are cultivated in the region.

The village has gone through great fluctuations of its population. In 1881 the inhabitants were 225, increasing to 272 in 1901, to 313 in 1921, and to 383 in 1946. Afterwards the village was struck by the urban pull and -as a result -the inhabitants decreased to 342 in 1960, to 328 in 1973, and to 197 in 1982. In the 2001 census the community's inhabitants numbered 97.

The village Foiti is also written as Fyti. It seems that both are correctly written. As far as "Fyti" is concerned, tradition holds it that, when the village was built, it was constructed amongst the vegetation because the forest extended up to the plateau that the village is located on. Later on, in the beginning of the 19th century when the village was in full bloom, it became a spiritual and educational centre. This is where the children from the surrounding villages studied (in Greek, Foito = study). It was, that is, a spiritual seedbed.

According to Masse Latri, who mentions it as Phiti and includes it in the list of feuds from the Frank domination era, the village was in existence during the Mediaeval times.

Phyti is the primary centre of the weaving craft in the district of Pafos and is one of the most important ones in Cyprus. The textiles that are manufactured in the village, known as "Fythkiotika", stand out for their variety in designs and also for the rich and colourful coloration. The renowned "Fythkiotika" textiles are a long tradition in the field of weaving that begins -at least -in the Mediaeval times. Mrs. Lewis, in her book "A Lady's impressions of Cyprus in 1893", speaks with great admiration for these excellent items of handicraft from Phyti.

The community of Phyti still is today a picturesque village that preserves -to quite a great degree -specimens of the traditional folkloric architecture.. The houses are made of local stone and for this reason Phyti was ranked, along with two other villages from the district of Pafos, in the class A tourism villages.
In the area, today, one can still come across a few inhabitants occupied with traditional work such as ploughing with a plough and livestock as well as working the old loom for weaving.

The visitor can admire the unique "Fythkiotika" textiles in the Museum of Weaving and Folkloric Art and also see how this -unique in its kind- textile is made today. Next to the Museum stands the bust of the community's benefactor, Constantinos Foitides, who -at his own expense -supplied the community with water.
One can also study the architecture of the village's houses, visit the two old, stone-made fountains, and enjoy his/her lunch in the two taverns situated at the community's centre.