Studio Apartment in Paphos, Cyprus No. 58177
Studio
Bedrooms
40 sq.m.
Square
€ 250 000
€ 6 250 / sqm
+ VAT
+ VAT
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.
Parameters
Property Description
This established complex occupies a gently sloping hillside overlooking the sea in one of the most desirable locations of Paphos, close to the famous archaeological site of the Tombs of the Kings and within walking distance of the beach, restaurants, tavernas and nightlife.
The complex consists of six low-rise blocks carefully sited among extensively landscaped gardens so that the views of the coastline remain uninterrupted, and brings together single-storey villas, one- and two-bedroom apartments and maisonettes. Ground-floor homes have private gardens and patios, while the upper floors enjoy spacious balconies and verandas overlooking the sea. Three-quarters of the grounds are given over to green areas, walkways and the swimming pool zone with relaxing sun terraces, and parking is arranged in three areas around the perimeter, keeping the central gardens free of cars.
For sale are one-bedroom apartments and studios — a compact format well suited both for own use and for investment. The homes feature underfloor heating (where applicable), air conditioning, covered verandas and en-suite bathrooms.
The main features:
• Underfloor heating (where applicable)
• Air conditioning
• Covered verandas and balconies overlooking the sea
• En-suite bathrooms
• Communal swimming pool with sun terraces
• Extensively landscaped gardens and walkways
• Private parking (car-free central gardens)
• Safe and friendly area
The project has an EPC certificate with "B" energy efficiency rating.
Statistics
€ 3 890
Price per sq.m.
179
Quality of Life Index
57
Cost of Living Index
Choose a city for comparison
Parameters
Paphos
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 981
Apartment (1 bedroom) Outside of Centre
€ 875
Apartment (3 bedrooms) in City Centre
€ 1 863
Apartment (3 bedrooms) Outside of Centre
€ 1 671
Buy Apartment Price
Price per square metre in the city centre
€ 3 890
Price per square metre outside the city centre
€ 2 229