22 bedrooms Commercial property in Paphos, Cyprus No. 35078
4
ID35078
€ 4 400 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Property description
A premium apartment development located in the heart of Paphos city, just a short walk to Kings Avenue Mall, bars & restaurants, old market and the beach.This amazing modern apartment development consists of 8 x 2 bed and 2 x 3 bed (penthouse) luxury apartments, ensuring spacious, cosmopolitan living.
Additionally, the apartments enjoy their own spacious balcony and stylish high-quality finishes, reflecting the very best in modern taste.
Features:
• Apartments with large balconies
• Close to local and international private schools
• Within walking distance to the beach, the mall, the tourist area and the old city
• Breathtaking views of the city & Mediterranean blues
• Alarm system
• Gated community
• Intercom with camera
• Provision for electrical car charger
• Equipped with the top-quality materials and finishes
• Underfloor heating
• VRV cooling system
• Wall-mounted toilets
• Excellent investment opportunity, lots of facilities – sauna, jacuzzi, pool, cctv
Tombs Of The Kings -Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts, Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars, nightlife and The Kings Avenue Mall. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions.
• Close to local and international private schools
• Within walking distance to the beach, the mall, the tourist area and the old city
• Breathtaking views of the city & Mediterranean blues
• Alarm system
• Gated community
• Intercom with camera
• Provision for electrical car charger
• Equipped with the top-quality materials and finishes
• Underfloor heating
• VRV cooling system
• Wall-mounted toilets
• Excellent investment opportunity, lots of facilities – sauna, jacuzzi, pool, cctv
Tombs Of The Kings -Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts, Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars, nightlife and The Kings Avenue Mall. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions.
Paphos - Statistics
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| Parameters | Paphos |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | € 892.86 |
| Apartment (1 bedroom) Outside of Centre | € 716.67 |
| Apartment (3 bedrooms) in City Centre | € 1 715.38 |
| Apartment (3 bedrooms) Outside of Centre | € 1 400.00 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | € 3 023.73 |
| Price per Square Meter to Buy Apartment Outside of Centre | € 1 936.50 |
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| Parameters | Paphos |
|---|---|
| Crime Index | 31.94 |
| Cost of Living and Rent Index | 39.10 |
| Purchasing Power Index | 86.02 |
| Property Price to Income Ratio | 7.41 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 3990.00 |
| Traffic Inefficiency Index | 108.55 |
| Rent Index | 24.14 |
| Health Care Index | 70.76 |
| Groceries Index | 52.65 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 19.38 |
| Restaurant Price Index | 51.73 |
| Climate Index | 96.66 |
| Cost of Living Index | 51.12 |
| Quality of Life Index | 185.73 |
| Traffic Index | 97.36 |
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| Parameters | Paphos |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | € 15.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | € 60.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | € 7.00 |
| Domestic Beer (0.5 liter draught) | € 3.00 |
| Imported Beer (0.33 liter bottle) | € 3.25 |
| Coke/Pepsi (0.33 liter bottle) | € 1.98 |
| Water (0.33 liter bottle) | € 1.01 |
| Cappuccino (regular) | € 3.31 |
| Markets | |
| Milk (regular), (1 liter) | € 1.47 |
| Loaf of Fresh White Bread (500g) | € 1.50 |
| Eggs (regular) (12) | € 4.03 |
| Local Cheese (1kg) | € 16.12 |
| Water (1.5 liter bottle) | € 0.98 |
| Bottle of Wine (Mid-Range) | € 6.75 |
| Domestic Beer (0.5 liter bottle) | € 1.55 |
| Imported Beer (0.33 liter bottle) | € 2.26 |
| Cigarettes 20 Pack (Marlboro) | € 5.00 |
| Apples (1kg) | € 2.44 |
| Chicken Fillets (1kg) | € 8.00 |
| Oranges (1kg) | € 2.25 |
| Potato (1kg) | € 1.17 |
| Lettuce (1 head) | € 0.87 |
| Rice (white), (1kg) | € 1.93 |
| Tomato (1kg) | € 3.02 |
| Banana (1kg) | € 1.42 |
| Onion (1kg) | € 0.96 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | € 13.38 |
| Transportation | |
| One-way Ticket (Local Transport) | € 2.00 |
| Monthly Pass (Regular Price) | € 50.00 |
| Gasoline (1 liter) | € 1.41 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | € 22 250.00 |
| Taxi Start (Normal Tariff) | € 7.50 |
| Taxi 1km (Normal Tariff) | € 1.90 |
| Taxi 1hour Waiting (Normal Tariff) | € 20.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | € 30 833.33 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | € 161.23 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | € 34.13 |
| € 21.10 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | € 1 674.56 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.01 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | € 56.43 |
| Tennis Court Rent (1 Hour on Weekend) | € 18.75 |
| Cinema, International Release, 1 Seat | € 10.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | € 91.25 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | € 60.00 |
| 1 Pair of Nike Running Shoes (Mid-Range) | € 109.75 |
| 1 Pair of Men Leather Business Shoes | € 97.49 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | € 369.38 |
| International Primary School, Yearly for 1 Child | € 6 775.00 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
CityPaphos
TypeCommercial property
Bedrooms22
Living space900 m²
- m²
- sq. ft
Price
- Price
- per m²
€ 4 400 000
Price history
10.11.2024
€ 4 400 000
20.09.2024
€ 3 900 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Offer your price
From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:
- The purchase is made by an individual, not a legal entity.
- The buyer is not going to rent out the acquired property.
- This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.