3 bedrooms Apartment in Paphos, Cyprus No. 36776
ID36776
$ 748 122
Property description
Three Bedroom Apartment For Sale In Paphos Town Centre - Title Deeds (New Build Process)PRICE REDUCTION!! (WAS from €690,000 + vat)
This project is located in an exclusive spot in the heart of Paphos Town, is a brand new residential project that consists of 8 spacious two and three-bedroom apartments and a penthouse with a rooftop pool. An exemplar of contemporary design, blending natural materials and bold lines, this residential project is ideal for contemporary luxury living in the city.
Each residence is architecturally designed to a high standard, featuring, en-suite bathrooms, luxurious marbles, VRV heating, and air conditioning system, Italian-style fully-equipped kitchens, recessed lighting installations, as well as large covered and uncovered verandas.
- 3 Bedrooms with ensuite and fitted wardrobes
- Open plan living - lounge - dining area
- Italian styled kitchen
- VRV heating system
- Air conditioning
- Unfurnished
- Covered parking
- Storage area
- Internal area 124 m2
- Covered veranda 17 m2
- Close to all local amenities
- 5 Minutes to the sea and beach
- 5 Minutes walk to Paphos Harbour
- 18 Minutes to the nearest golf course
- 15 Minutes to Paphos International Airport
- Suitable for Cyprus Permanent Residency - Fast Track
- Subject to VAT
- Energy Efficiency A
Paphos
Paphos is located on the southwest coast of the island and is sheltered from the north by the Troodos mountains. It has a temperate climate, one of the healthiest in the whole Mediterranean. Relish mouth-watering delicacies at the numerous restaurants serving both local and international cuisine and offering exceptional value. Enjoy classical opera under the stars in the romantic setting of the medieval castle overlooking Paphos harbour during the numerous summer festivals. Or jive to the latest dance tunes at a plethora of entertainment spots, part of the modern town's varied nightlife.
------------
* Title Deeds (New Build Process)
* 5 Minutes to the Beach & Sea
* Sea Views
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject to VAT
* Off Plan - Completion TBC
* Energy Efficiency A
Paphos Town Centre
Paphos Town Centre
County: Paphos
Sale Type: For Sale
Ref #: KOR005N3
- 3 Bedrooms with ensuite and fitted wardrobes
- Open plan living - lounge - dining area
- Italian styled kitchen
- VRV heating system
- Air conditioning
- Unfurnished
- Covered parking
- Storage area
- Internal area 124 m2
- Covered veranda 17 m2
- Close to all local amenities
- 5 Minutes to the sea and beach
- 5 Minutes walk to Paphos Harbour
- 18 Minutes to the nearest golf course
- 15 Minutes to Paphos International Airport
- Suitable for Cyprus Permanent Residency - Fast Track
- Subject to VAT
- Energy Efficiency A
Paphos
Paphos is located on the southwest coast of the island and is sheltered from the north by the Troodos mountains. It has a temperate climate, one of the healthiest in the whole Mediterranean. Relish mouth-watering delicacies at the numerous restaurants serving both local and international cuisine and offering exceptional value. Enjoy classical opera under the stars in the romantic setting of the medieval castle overlooking Paphos harbour during the numerous summer festivals. Or jive to the latest dance tunes at a plethora of entertainment spots, part of the modern town's varied nightlife.
------------
* Title Deeds (New Build Process)
* 5 Minutes to the Beach & Sea
* Sea Views
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject to VAT
* Off Plan - Completion TBC
* Energy Efficiency A
Paphos Town Centre
Paphos Town Centre
County: Paphos
Sale Type: For Sale
Ref #: KOR005N3
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.