3 bedrooms Apartment in Paphos, Cyprus No. 45575
ID45575
$ 1 507 695
Property description
The first High Rise Buildings located in one of the most privileged areas.The new best residential address, this unique project features the first High Rise Buildings, located in one of the most privileged areas, of Kato Paphos. The total extend of the project exceeds 46.000m2 consisting of 20 luxury villas and two high rise towers of Apartments, Shops, Restaurants, Cafe and Bars incorporating lush landscaped gardens, terraces, pool bar and swimming pool for the Apartments and private pool for each villa.
* The elegant community boast exceptional facilities including reception, concierge, a full treatment and relaxation area with spa, gym, sauna and steam bath, extensive gardens, private underground parking with storage room with a beautiful sandy beach just opposite the project.
* Prospective clients will be shareholders and co-owners of the above mentioned amenities and facilities, which will have the exclusive right of use
Property ID: S-DV-00085
Reg. No: 1069 | Lic. No: 561/E
Reference number: S-DV-00085
Property area: 98 m2
Type: Apartment
Floor: 3rd
Parking: Covered
Condition: Brand new
Furnishing: Fully Furnished
Included: Balcony, Storage room
Online viewing: Yes
Air conditioning: Full, all rooms
Energy Efficiency: A
Bedrooms: 3
Square meter price: €13.878 /m2
Bathrooms: 2:
Paphos - Statistics
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| Parameters | Paphos |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 002.36 |
| Apartment (1 bedroom) Outside of Centre | $ 770.33 |
| Apartment (3 bedrooms) in City Centre | $ 1 911.92 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 518.73 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 367.64 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 156.75 |
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| Parameters | Paphos |
|---|---|
| Crime Index | 31.94 |
| Cost of Living and Rent Index | 40.46 |
| Purchasing Power Index | 84.06 |
| Property Price to Income Ratio | 7.41 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 3990.00 |
| Traffic Inefficiency Index | 108.55 |
| Rent Index | 24.79 |
| Health Care Index | 70.76 |
| Groceries Index | 55.67 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 19.38 |
| Restaurant Price Index | 52.42 |
| Climate Index | 96.66 |
| Cost of Living Index | 53.22 |
| Quality of Life Index | 184.74 |
| Traffic Index | 97.36 |
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| Parameters | Paphos |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 15.04 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 66.82 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 7.80 |
| Domestic Beer (0.5 liter draught) | $ 3.34 |
| Imported Beer (0.33 liter bottle) | $ 3.62 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.58 |
| Water (0.33 liter bottle) | $ 0.76 |
| Cappuccino (regular) | $ 3.61 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.64 |
| Loaf of Fresh White Bread (500g) | $ 1.67 |
| Eggs (regular) (12) | $ 3.72 |
| Local Cheese (1kg) | $ 13.26 |
| Water (1.5 liter bottle) | $ 0.88 |
| Bottle of Wine (Mid-Range) | $ 7.52 |
| Domestic Beer (0.5 liter bottle) | $ 1.71 |
| Imported Beer (0.33 liter bottle) | $ 2.52 |
| Cigarettes 20 Pack (Marlboro) | $ 5.57 |
| Apples (1kg) | $ 2.71 |
| Chicken Fillets (1kg) | $ 8.77 |
| Oranges (1kg) | $ 1.87 |
| Potato (1kg) | $ 1.30 |
| Lettuce (1 head) | $ 0.55 |
| Rice (white), (1kg) | $ 2.15 |
| Tomato (1kg) | $ 2.68 |
| Banana (1kg) | $ 1.58 |
| Onion (1kg) | $ 1.07 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.34 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.23 |
| Monthly Pass (Regular Price) | $ 55.69 |
| Gasoline (1 liter) | $ 1.55 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 24 780.65 |
| Taxi Start (Normal Tariff) | $ 8.35 |
| Taxi 1km (Normal Tariff) | $ 2.12 |
| Taxi 1hour Waiting (Normal Tariff) | $ 22.27 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 34 340.23 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 181.42 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 29.73 |
| $ 23.24 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 865.01 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.80 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 62.85 |
| Tennis Court Rent (1 Hour on Weekend) | $ 20.88 |
| Cinema, International Release, 1 Seat | $ 11.14 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 77.27 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 32.41 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 82.83 |
| 1 Pair of Men Leather Business Shoes | $ 100.24 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 411.39 |
| International Primary School, Yearly for 1 Child | $ 7 492.43 |
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.