3 bedrooms Apartment in Paphos, Cyprus No. 43291
ID43291
$ 717 807
Property description
This luxury residential building is designed to offer residents a refined urban life within just 600 metres from the best sandy beach of Pafos tourist area. The 5* Elysium hotel and Kings Avenue shopping mall are just a short walk from the complex. An elegant masterpiece consisting of 31 sea view luxury apartments: 1-, 2-, 3-bedroom apartments and 2-, 3-bedroom penthouses with their own roof terrace and private pools. A carefully designed master plan and high-quality finishing materials combined with outstanding design will satisfy those who appreciate real comfort and style. Residents will enjoy a spacious layout and a variety of amenities such as a communal swimming pool, gym, and covered parking.All the apartments in the complex have high ceilings (3.15 m), large balconies, high standard finishes like semi-solid parquet floors in each room, marble floor and walls in the toilets and bathrooms, security entrance doors, thermal aluminium window frames, top standard in-built furniture and sanitary ware from European brands, water underfloor heating and VRV air conditioning.
This project is perfect both for lifestyle and investment goals. Energy efficiency A
Reference number: 1024
Property area: 115 m2
Type: Apartment
Parking: Covered
Condition: Brand new
Included: Pool, Balcony
Air conditioning: Full, all rooms
Energy Efficiency: A
Bedrooms: 3
Square meter price: €6.000 /m2
Bathrooms: 3:
Paphos - Statistics
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| Parameters | Paphos |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 956.01 |
| Apartment (1 bedroom) Outside of Centre | $ 767.02 |
| Apartment (3 bedrooms) in City Centre | $ 1 797.36 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 501.91 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 2 728.45 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 1 764.55 |
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| Parameters | Paphos |
|---|---|
| Crime Index | 31.94 |
| Cost of Living and Rent Index | 37.97 |
| Purchasing Power Index | 80.04 |
| Property Price to Income Ratio | 6.85 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 3952.00 |
| Traffic Inefficiency Index | 114.19 |
| Rent Index | 24.08 |
| Health Care Index | 70.76 |
| Groceries Index | 48.14 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 20.29 |
| Restaurant Price Index | 50.73 |
| Climate Index | 96.66 |
| Cost of Living Index | 49.09 |
| Quality of Life Index | 183.65 |
| Traffic Index | 98.34 |
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| Parameters | Paphos |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 15.66 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 62.65 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 7.57 |
| Domestic Beer (0.5 liter draught) | $ 3.34 |
| Imported Beer (0.33 liter bottle) | $ 3.65 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.10 |
| Water (0.33 liter bottle) | $ 1.21 |
| Cappuccino (regular) | $ 3.44 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.53 |
| Loaf of Fresh White Bread (500g) | $ 1.57 |
| Eggs (regular) (12) | $ 3.86 |
| Local Cheese (1kg) | $ 15.26 |
| Water (1.5 liter bottle) | $ 0.94 |
| Bottle of Wine (Mid-Range) | $ 6.79 |
| Domestic Beer (0.5 liter bottle) | $ 1.76 |
| Imported Beer (0.33 liter bottle) | $ 2.14 |
| Cigarettes 20 Pack (Marlboro) | $ 5.22 |
| Apples (1kg) | $ 2.60 |
| Chicken Fillets (1kg) | $ 8.14 |
| Oranges (1kg) | $ 2.27 |
| Potato (1kg) | $ 1.31 |
| Lettuce (1 head) | $ 0.80 |
| Rice (white), (1kg) | $ 2.15 |
| Tomato (1kg) | $ 3.55 |
| Banana (1kg) | $ 1.56 |
| Onion (1kg) | $ 1.00 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 13.16 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.09 |
| Monthly Pass (Regular Price) | $ 52.21 |
| Gasoline (1 liter) | $ 1.46 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 23 231.48 |
| Taxi Start (Normal Tariff) | $ 5.22 |
| Taxi 1km (Normal Tariff) | $ 1.98 |
| Taxi 1hour Waiting (Normal Tariff) | $ 19.21 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 32 193.44 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 184.00 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 35.15 |
| $ 21.35 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 640.69 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.34 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 60.41 |
| Tennis Court Rent (1 Hour on Weekend) | $ 19.58 |
| Cinema, International Release, 1 Seat | $ 10.44 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 79.35 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 50.12 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 98.98 |
| 1 Pair of Men Leather Business Shoes | $ 96.06 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 401.98 |
| International Primary School, Yearly for 1 Child | $ 7 073.86 |
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.