3 bedrooms Penthouse in Paphos, Cyprus No. 32904
ID32904
$ 687 895
Property description
A lovely 3-bedroom penthouse in one of the most sought after residential complexes in Pafos. Secure gated complex Elysia Park has long earned a reputation of the best holiday let and residential destinations in the tourist area of Pafos, comprising 12 blocks of apartments, townhouses, huge overflow pools and all the amenities including a restaurant, SPA, gym, covered pool, mini market, pharmacy, as well as property management and concierge services. It is only 1,5 km to the beach and very close to hospitals, banks, supermarkets and other city amenities.The penthouse is spacious and has windows facing different sides of the building, which provides lovely breeze if you are not a fan of air conditions. Comfortable living areas are enhanced with spacious terraces or verandas. Contemporary high quality finishing materials were chosen to match the Mediterranean lifestyle and climate. The apartment boasts spacious open-plan kitchen, living and dining areas, three spacious bedrooms.
2 bathrooms and lovely rooftop balconies to enjoy the Mediterranean outdoor lifestyle.
The property generates a good rental income due to its location, the amenities of the popular complex and the effective in-house rental team management.
Reference number: 4541
Property area: 111 m2
Type: Penthouse
Parking: Covered
Condition: Brand new
Furnishing: Fully Furnished
Included: Pool
Air conditioning: Full, all rooms
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €5.856 /m2
Bathrooms: 2:
The property generates a good rental income due to its location, the amenities of the popular complex and the effective in-house rental team management.
Reference number: 4541
Property area: 111 m2
Type: Penthouse
Parking: Covered
Condition: Brand new
Furnishing: Fully Furnished
Included: Pool
Air conditioning: Full, all rooms
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €5.856 /m2
Bathrooms: 2:
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.