5 bedrooms House in Paphos, Cyprus No. 29238
ID29238
$ 1 579 950
Property description
Elite Residences, a luxury gated villa project , offers a rare opportunity for discerning investors and those seeking a life of quiet opulence. Nest led near the tranquil coast line, this exclusive community comprises 40 magnificent villas designed to perfection.Each villa is equipped with advanced features like VRF and under floor heating, ensuring a comfortable living environment throughout the year. The commitment to high-quality construct ion is evident in every detail, promising enduring elegance.
Security is a priority with 24/7 surveillance, providing residents with peace of mind. Beyond your doorstep, the sea and promenade are within walking distance, allowing you to savor the coastal ambiance.
For a touch of community and dining, the project features a clubhouse with a restaurant and bar. With large plots and multiple villa configurations, you can customize your dream home to sui t your unique lifestyle.
Elite Residences represents more than just a residence; i t 's an exclusive investment opportunity and a gateway to a life of luxury and tranquility.
Your coastal dream home is here.
Elite Residences is more than a home; it 's a sanctuary, an investment , and a way of life. Experience serenity and sophistication in a world-class setting where luxury knows no bounds.
Reference number: CN8074
Property area: 298 m2
Type: Detached house
Condition: Brand new
Energy Efficiency: A
Bedrooms: 5
Square meter price: €5.034 /m2
Bathrooms: 3:
Elite Residences is more than a home; it 's a sanctuary, an investment , and a way of life. Experience serenity and sophistication in a world-class setting where luxury knows no bounds.
Reference number: CN8074
Property area: 298 m2
Type: Detached house
Condition: Brand new
Energy Efficiency: A
Bedrooms: 5
Square meter price: €5.034 /m2
Bathrooms: 3:
Paphos - Statistics
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| Parameters | Paphos |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 957.01 |
| Apartment (1 bedroom) Outside of Centre | $ 768.16 |
| Apartment (3 bedrooms) in City Centre | $ 1 838.64 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 500.59 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 240.98 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 075.64 |
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| Parameters | Paphos |
|---|---|
| Crime Index | 31.94 |
| Cost of Living and Rent Index | 39.50 |
| Purchasing Power Index | 86.05 |
| Property Price to Income Ratio | 7.41 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 3990.00 |
| Traffic Inefficiency Index | 108.55 |
| Rent Index | 24.38 |
| Health Care Index | 70.76 |
| Groceries Index | 53.20 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 19.38 |
| Restaurant Price Index | 52.27 |
| Climate Index | 96.66 |
| Cost of Living Index | 51.66 |
| Quality of Life Index | 185.69 |
| Traffic Index | 97.36 |
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| Parameters | Paphos |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 16.08 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 64.31 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 7.50 |
| Domestic Beer (0.5 liter draught) | $ 3.22 |
| Imported Beer (0.33 liter bottle) | $ 3.48 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.12 |
| Water (0.33 liter bottle) | $ 1.08 |
| Cappuccino (regular) | $ 3.55 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.58 |
| Loaf of Fresh White Bread (500g) | $ 1.61 |
| Eggs (regular) (12) | $ 4.32 |
| Local Cheese (1kg) | $ 17.28 |
| Water (1.5 liter bottle) | $ 1.05 |
| Bottle of Wine (Mid-Range) | $ 7.23 |
| Domestic Beer (0.5 liter bottle) | $ 1.66 |
| Imported Beer (0.33 liter bottle) | $ 2.43 |
| Cigarettes 20 Pack (Marlboro) | $ 5.36 |
| Apples (1kg) | $ 2.61 |
| Chicken Fillets (1kg) | $ 8.57 |
| Oranges (1kg) | $ 2.41 |
| Potato (1kg) | $ 1.25 |
| Lettuce (1 head) | $ 0.93 |
| Rice (white), (1kg) | $ 2.07 |
| Tomato (1kg) | $ 3.23 |
| Banana (1kg) | $ 1.52 |
| Onion (1kg) | $ 1.03 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 14.34 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.14 |
| Monthly Pass (Regular Price) | $ 53.59 |
| Gasoline (1 liter) | $ 1.51 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 23 848.67 |
| Taxi Start (Normal Tariff) | $ 8.04 |
| Taxi 1km (Normal Tariff) | $ 2.04 |
| Taxi 1hour Waiting (Normal Tariff) | $ 21.44 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 33 048.72 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 172.81 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 36.58 |
| $ 22.62 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 794.87 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.01 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 60.48 |
| Tennis Court Rent (1 Hour on Weekend) | $ 20.10 |
| Cinema, International Release, 1 Seat | $ 10.72 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 97.81 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 64.31 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 117.64 |
| 1 Pair of Men Leather Business Shoes | $ 104.49 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 395.91 |
| International Primary School, Yearly for 1 Child | $ 7 261.79 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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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.