3 bedrooms Villa in Paphos, Cyprus No. 36636
ID36636
$ 591 798
Property description
Three Bedroom Detached Villa For Sale in Universal, Paphos - Title Deeds (New Build Process)This new development was designed to set a new precedent for luxury living in Cyprus. These state-of-the-art apartments and villas, centrally located in the heart of Paphos, are offering sweeping views of the city and the alluring waters of the Mediterranean and beyond.
This project is a modern residential complex which consists of 2 and 3 bedroom apartments with a communal swimming pool and a total of 2 3-bedroom villas which will have their own private swimming pools.
Other than its contemporary and functional design, the other major advantage of this development is its proximity to all city centre amenities such as the Kings Avenue Mall, a number of restaurants and bars, a few minutes drive to the beach and two upcoming universities that will open up in Paphos - the American University of Beirut and the Cyprus University of Technology.
- Three bedrooms with fitted wardrobes
- Open plan living - dining area
- Modern kitchen
- Three bathrooms
- Provisions for air conditioning
- Unfurnished
- Allocated parking space
- Private swimming pool
- Internal area 145 m2
- Covered veranda 35 m2
- Uncovered veranda 51 - 52 m2
- Covered parking 24 - 25 m2
- Plot 231 - 319 m2
- Close to all local amenities
- Communal Fee TBC
- 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
- Suitable for Cyprus Permanent Residency - Fast Track
- Subject to VAT
- Energy Efficiency A
Universal/Kato 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 (New Build Process)
* Contemporary and Functional Design
* Private Swimming Pool
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject to VAT
* Off Plan - Completion TBC
* Energy Efficiency A
Universal
Universal
County: Paphos
Sale Type: For Sale
Ref #: ARI090N3
Paphos - Statistics
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| Parameters | Paphos |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 008.00 |
| Apartment (1 bedroom) Outside of Centre | $ 753.54 |
| Apartment (3 bedrooms) in City Centre | $ 1 877.92 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 491.29 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 340.19 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 139.18 |
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| Parameters | Paphos |
|---|---|
| Crime Index | 31.94 |
| Cost of Living and Rent Index | 40.59 |
| Purchasing Power Index | 82.39 |
| Property Price to Income Ratio | 7.41 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 3990.00 |
| Traffic Inefficiency Index | 108.55 |
| Rent Index | 24.18 |
| Health Care Index | 70.76 |
| Groceries Index | 54.98 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 19.38 |
| Restaurant Price Index | 55.10 |
| Climate Index | 96.66 |
| Cost of Living Index | 54.41 |
| Quality of Life Index | 183.95 |
| Traffic Index | 97.36 |
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| Parameters | Paphos |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 16.57 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 66.28 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 8.01 |
| Domestic Beer (0.5 liter draught) | $ 3.31 |
| Imported Beer (0.33 liter bottle) | $ 3.59 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.57 |
| Water (0.33 liter bottle) | $ 0.76 |
| Cappuccino (regular) | $ 3.54 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.63 |
| Loaf of Fresh White Bread (500g) | $ 1.66 |
| Eggs (regular) (12) | $ 3.69 |
| Local Cheese (1kg) | $ 13.36 |
| Water (1.5 liter bottle) | $ 0.91 |
| Bottle of Wine (Mid-Range) | $ 7.46 |
| Domestic Beer (0.5 liter bottle) | $ 1.79 |
| Imported Beer (0.33 liter bottle) | $ 2.50 |
| Cigarettes 20 Pack (Marlboro) | $ 5.52 |
| Apples (1kg) | $ 2.69 |
| Chicken Fillets (1kg) | $ 8.35 |
| Oranges (1kg) | $ 1.86 |
| Potato (1kg) | $ 1.29 |
| Lettuce (1 head) | $ 0.55 |
| Rice (white), (1kg) | $ 2.13 |
| Tomato (1kg) | $ 2.55 |
| Banana (1kg) | $ 1.57 |
| Onion (1kg) | $ 1.06 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.24 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.21 |
| Monthly Pass (Regular Price) | $ 55.23 |
| Gasoline (1 liter) | $ 1.54 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 24 578.71 |
| Taxi Start (Normal Tariff) | $ 8.28 |
| Taxi 1km (Normal Tariff) | $ 2.10 |
| Taxi 1hour Waiting (Normal Tariff) | $ 22.09 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 34 060.38 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 181.86 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 29.35 |
| $ 23.05 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 849.82 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.80 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 63.52 |
| Tennis Court Rent (1 Hour on Weekend) | $ 20.71 |
| Cinema, International Release, 1 Seat | $ 11.05 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 75.49 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 34.15 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 85.92 |
| 1 Pair of Men Leather Business Shoes | $ 94.82 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 400.13 |
| International Primary School, Yearly for 1 Child | $ 7 431.37 |
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.