1 bedroom Apartment in Paphos, Cyprus No. 35272
4
ID35272
€ 370 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Property description
This is a unique project located in Paphos, Cyprus. Our complex, situated in an excellent location near the Tombs of the Kings, is one of the most investment-attractive residential projects in Paphos. The area around the complex offers easy access to essential amenities such as shops, restaurants, and transportation. The best luxury hotel in Paphos, Elysium, is within walking distance, allowing you to enjoy all the necessary infrastructure for a comfortable life—yoga classes, spa, infinity pools, and the best restaurants in Paphos—all just across the street from your apartment.The location and design of the complex have been carefully planned to provide residents with first-class and modern conveniences, ensuring a comfortable and luxurious lifestyle. All these features make this an ideal choice for those seeking a wise investment or a comfortable home for themselves.
The project offers 1 & 2-bedroom apartments that cater to your desires and lifestyle, with the third floor boasting breathtaking sea views, making your dream living space a reality.
This is not just a project from a developer; it is a renovation of an existing building, where only the frame will be retained, and the specifications and finishes will be replaced with top-quality materials. This approach allows for a 19% VAT savings, making the property a cost-effective investment at an attractive price and excellent timing—by September 2025, you will be able to rent out your property and start earning income. Our company will assist you with management and leasing, ensuring you receive your profits without worries.
Tomb 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.
Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association. PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone. We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property.
From your first contact with Purple you’ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue. Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example:
Independent advice and recommendations on legal services
Liaising with property developers, throughout the construction period if the purchase is off plan
Getting quotes for any additional works that you’ve asked for from trusted suppliers
Guidance with property rental opportunities
Be there for any problems that may arise
PURPLE will be there from start to finish!
Outdoor features
Outdoor facilities
- Landscaped garden
- Transport accessibility
Entertainment facilities
- Garden
- Garden
Paphos - Statistics
Choose a city for comparison
Compare
| Parameters | Paphos |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | € 921.43 |
| Apartment (1 bedroom) Outside of Centre | € 766.67 |
| Apartment (3 bedrooms) in City Centre | € 1 784.62 |
| Apartment (3 bedrooms) Outside of Centre | € 1 500.00 |
| 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 |
Choose a city for comparison
Compare
| Parameters | Paphos |
|---|---|
| Crime Index | 31.94 |
| Cost of Living and Rent Index | 38.94 |
| Purchasing Power Index | 77.54 |
| Property Price to Income Ratio | 7.89 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 3952.00 |
| Traffic Inefficiency Index | 114.19 |
| Rent Index | 25.07 |
| Health Care Index | 70.76 |
| Groceries Index | 49.56 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 20.29 |
| Restaurant Price Index | 50.96 |
| Climate Index | 96.66 |
| Cost of Living Index | 49.97 |
| Quality of Life Index | 181.51 |
| Traffic Index | 98.34 |
Choose a city for comparison
Compare
| 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) | € 3.12 |
| 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) | € 1 571.38 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.01 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | € 57.50 |
| 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 | € 385.00 |
| 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
TypeApartment
Bedrooms1
Living space55.85 m²
- m²
- sq. ft
Price
- Price
- per m²
€ 370 000
Price history
24.11.2024
€ 370 000
20.09.2024
€ 409 000
- 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.