16 bedrooms Commercial property in Paphos, Cyprus No. 35668
ID35668
€ 3 600 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Property description
Introducing our new project, ideally situated in the vibrant heart of Paphos, offering unparalleled convenience and access to essential amenities. Nestled in the bustling city center, this project places you at the epicenter of urban living. You'll find yourself just moments away from the city's key attractions, including shops, restaurants, entertainment, and more. The convenience of city life is at your doorstep.This development comprises a total of 12 meticulously designed apartments, catering to various needs with four spacious 2-bedroom apartments and eight stylish 1-bedroom units.
These generous living spaces are perfect for families or those desiring extra room. With two bedrooms, they provide ample space for comfort and flexibility. The 1 bedrooms are an excellent choice for singles or couples. They offer a cozy and inviting living environment. Each apartment is thoughtfully designed to maximize space and comfort. You'll find high-quality finishes, modern amenities, and an abundance of natural light.
This project exemplifies the perfect blend of contemporary design and urban living. If you're looking for a stylish and convenient lifestyle in the heart of Paphos, our new project is the answer.
Kato & Pano Paphos- 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 and nightlife. 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!
Kato & Pano Paphos- 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 and nightlife. 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!
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 | 38.41 |
| Purchasing Power Index | 86.47 |
| Property Price to Income Ratio | 7.41 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 4100.83 |
| Traffic Inefficiency Index | 122.08 |
| Rent Index | 23.71 |
| Health Care Index | 70.76 |
| Groceries Index | 51.74 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 21.75 |
| Restaurant Price Index | 51.03 |
| Climate Index | 96.66 |
| Cost of Living Index | 50.21 |
| Quality of Life Index | 184.81 |
| Traffic Index | 101.50 |
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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) | € 3.12 |
| 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) | € 1 674.56 |
| 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
Bedrooms16
Living space800 m²
- m²
- sq. ft
Price
- Price
- per m²
€ 3 600 000
- 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.