2 bedrooms Apartment in Paphos, Cyprus No. 36608
ID36608
$ 540 775
Property description
Two Bedroom Apartment For Sale in Kato Paphos, Paphos - Title Deeds (New Build Process)Introducing a new development of luxury apartments in a prime location at the heart of Kato Paphos. This project is located just steps away from the sparkling Mediterranean sea. Nestled in a coveted address, these exquisite apartments offer an unrivaled lifestyle full of amenities and convenience.
With meticulous attention to detail and modern design, each apartment provides a sanctuary of elegance and comfort.
At 8 levels high and with captivating contemporary architecture, this project can be easily be seen and identified throughout the city. The development enjoys spacious living areas, floor to-ceiling windows that invite natural light, and private balconies where you can relax and soak in the panoramic vistas.
Inside the apartments are finished to exacting standards using contemporary materials that enhance the spacious open plan layouts. The modern luxurious finishes include concealed VRV systems, Italian designed kitchens with corian surfaces, all purposefully designed to provide modern minimal aesthetics.
The ground floor will be full of leisure facilities for lifestyle and convenience. Planned facilities including a gym, coffee shop and boutique stores.
There is a beautiful private communal pool and sundeck for the residents surrounded by landscaped gardens.
This exceptional development allows you to embrace a luxurious seaside lifestyle, where the sounds of the waves and the beauty of the sea become an integral part of your everyday life.
- Two bedrooms with fitted wardrobes
- Expansive balcony
- Open plan living - dining area
- Italian designed kitchens with corian surfaces
- One family bathroom and master bedroom with ensuite
- Concealed VRV system
- Underfloor heating optional
- High quality materials and finishes
- Unfurnished
- Elevator
- Privately owned covered parking and storage space
- Communal swimming pool and sun deck
- Prime central location
- Breathtaking unobstructed sea views
- Commercial area on ground floor
- Internal area 80 - 87 m2
- Covered balcony 12 - 55 m2
- 4 minutes to the nearest beach
- 6 minutes to Paphos Harbour with its wide selection of restaurants, bars and amenities
- 16 minutes to the nearest golf course
- 23 minutes to Paphos International Airport
- Communal Fee TBC
- Suitable for Cyprus Permanent Residency - Fast Track
- Subject to VAT
- Energy Efficiency TBC
Kato and 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.
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* Title Deeds
* Prime Central Location
* Breathtaking Unobstructed Sea Views
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject to VAT
* Off Plan - Completion TBC
* Energy Efficiency TBC
Kato Paphos
Kato Paphos
County: Paphos
Sale Type: For Sale
Ref #: PAF097N2
Paphos - Statistics
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| Parameters | Paphos |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 944.50 |
| Apartment (1 bedroom) Outside of Centre | $ 758.12 |
| Apartment (3 bedrooms) in City Centre | $ 1 814.61 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 480.98 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 198.63 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 048.51 |
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| Parameters | Paphos |
|---|---|
| Crime Index | 31.94 |
| Cost of Living and Rent Index | 38.96 |
| Purchasing Power Index | 86.47 |
| Property Price to Income Ratio | 7.41 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 4473.64 |
| Traffic Inefficiency Index | 127.03 |
| Rent Index | 24.05 |
| Health Care Index | 70.76 |
| Groceries Index | 52.48 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 21.00 |
| Restaurant Price Index | 51.76 |
| Climate Index | 96.66 |
| Cost of Living Index | 50.93 |
| Quality of Life Index | 185.12 |
| Traffic Index | 103.74 |
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| Parameters | Paphos |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 15.87 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 63.47 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 7.40 |
| Domestic Beer (0.5 liter draught) | $ 3.17 |
| Imported Beer (0.33 liter bottle) | $ 3.44 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.10 |
| Water (0.33 liter bottle) | $ 1.07 |
| Cappuccino (regular) | $ 3.50 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.56 |
| Loaf of Fresh White Bread (500g) | $ 1.58 |
| Eggs (regular) (12) | $ 4.26 |
| Local Cheese (1kg) | $ 17.05 |
| Water (1.5 liter bottle) | $ 1.04 |
| Bottle of Wine (Mid-Range) | $ 7.14 |
| Domestic Beer (0.5 liter bottle) | $ 1.64 |
| Imported Beer (0.33 liter bottle) | $ 2.39 |
| Cigarettes 20 Pack (Marlboro) | $ 5.29 |
| Apples (1kg) | $ 2.58 |
| Chicken Fillets (1kg) | $ 8.46 |
| Oranges (1kg) | $ 2.38 |
| Potato (1kg) | $ 1.23 |
| Lettuce (1 head) | $ 0.92 |
| Rice (white), (1kg) | $ 2.04 |
| Tomato (1kg) | $ 3.30 |
| Banana (1kg) | $ 1.50 |
| Onion (1kg) | $ 1.02 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 14.15 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.12 |
| Monthly Pass (Regular Price) | $ 52.89 |
| Gasoline (1 liter) | $ 1.49 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 23 536.98 |
| Taxi Start (Normal Tariff) | $ 7.93 |
| Taxi 1km (Normal Tariff) | $ 2.01 |
| Taxi 1hour Waiting (Normal Tariff) | $ 21.16 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 32 616.79 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 170.56 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 36.10 |
| $ 22.32 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 771.41 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.01 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 59.69 |
| Tennis Court Rent (1 Hour on Weekend) | $ 19.83 |
| Cinema, International Release, 1 Seat | $ 10.58 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 96.53 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 63.47 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 116.10 |
| 1 Pair of Men Leather Business Shoes | $ 103.13 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 390.74 |
| International Primary School, Yearly for 1 Child | $ 7 166.88 |
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.