3 bedrooms Penthouse in Paphos, Cyprus No. 43805
ID43805
$ 937 437
Property description
Reference ID: #SA34454Price details: €890,000 +VATThis stunning and masterfully designed project welcomes you to experience life in perfect balance, promising an ideal living destination within the vibrant city of Kato Paphos.Situated in a prime location — within easy walking distance to a long coastal stretch of the finest sandy beaches, the bustling city and its rich, inviting heritage.This exclusive development is comprised of five blocks with 88 exquisitely designed apartments, ranging from compact studios to expansive one- to four-bedroom apartments, and exclusive penthouses with private rooftops and pools. Each unit is crafted to the highest quality standards, ensuring a sophisticated and upscale living experience.breathtaking unobstructed sea viewsgated residential complex prioritizing safety and comfortdynamic city combining rich historical heritagelocated opposite the seafront of Kato Paphos- 5 minutes walking distance to pristine beachesconveniently located neighbourhood with easy access to useful infrastructure and amenities within walking distance private luxury amenities shared among the residents—saunas, gym and fitness rooms, two- swimming pools, centrally designed gardens, and co-working facilitieshigh standards of finisheshigh-end furniture and fittingspenthouses with spacious private rooftop marble-tiled pools with jacuzzi, stone floors, barbecue areas, pergolas for shadingsustainable practices- photovoltaic panels and class A building rating for energy efficiencycompliance with EU safety standardsEvery property is delivered with the signature top standard finishes: Semi-solid parquet floors in each room;Marble floor and walls in the toilets and bathrooms;High ceilings (3.15 m);Security entrance doors;Intercom system;Under-floor heating and central VRV conditioning;Thermal aluminum window frames with double glazing;High standard sanitary ware from European brands;High-standard kitchen cabinets and wardrobes from European brands;Penthouses have private roof terraces with pools. Note: movable furniture, home appliances, & interior items are extras.Major benefits: * breathtaking unobstructed sea views * gated residential complex prioritizing safety and comfort * dynamic city combining rich historical heritage * located opposite the seafront of Kato Paphos- 5 minutes walking distance to pristine beachesCompletion date: December 2026Available for sale five 3-bedroom penthouse apartments.Covered area: 109-132 sq.m.Covered veranda: 26-42 sq.m.Roof garden: 68-126 sq.m.Prices: €890,000-€970,000PLUS V.A.T
Reference number: SA34454
Property area: 167 m2
Type: Penthouse
Floor: 3rd
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Pool, Storage room, Balcony
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €5.329 /m2
Bathrooms: 2:
Reference number: SA34454
Property area: 167 m2
Type: Penthouse
Floor: 3rd
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Pool, Storage room, Balcony
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €5.329 /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.