2 bedrooms Penthouse in Paphos, Cyprus No. 70072

2 bedrooms Penthouse in Paphos, Cyprus No. 70072
ID70072 $ 526 650
70072

Property description

Two bedroom top floor apartment in a new modern development located in Universal Paphos

Price + VAT

Under construction

Delivery - November 2024

A beautiful high-end residential project rising in Universal area - Paphos.

A penthouse with roof terrace, this project has everything needed for an unparalleled living experience!

The apartment offers an open plan kitchen , dining area, lounge, two bedrooms and two bathrooms.

4th whole floor penthouse

Covered internal area - 78 m2

Uncovered Veranda: 87 m2

Common area - 24 m2

Total area - 189 m2

Covered parking

Storage

Project Details:

Luxurious Design

4-Floors Building

6 minutes from the Beach

Strategical Location

Next to Universal Elementary School

Next to AUB - Paphos Campus

Energy Efficiency Category: A

Paphos, located on the southwestern coast of Cyprus, is a captivating destination that offers numerous compelling reasons to consider buying property. With its rich history, stunning natural beauty, favourable climate, and flourishing real estate market, Paphos has become an increasingly popular choice for investors and homebuyers alike. Here are some key reasons why buying in Paphos is a great decision:

1. Mediterranean Paradise: Paphos boasts a breathtaking coastline with pristine beaches, crystal-clear waters, and dramatic cliffs. The region offers an idyllic Mediterranean lifestyle with plenty of opportunities for swimming, snorkelling, sailing, and enjoying leisurely beach walks. The stunning sunsets and year-round mild climate further enhance the allure of living in this coastal paradise.

2. Historical and Cultural Heritage: Paphos is brimming with history and is recognized as a UNESCO World Heritage Site. It is home to remarkable archaeological sites, including the ancient Tombs of the Kings, the intricate mosaics of the Paphos Archaeological Park, and the famous Petra tou Romiou, said to be the birthplace of Aphrodite, the Greek goddess of love and beauty. Living in Paphos means immersing oneself in a rich tapestry of culture and heritage.

3. Investment Potential: Paphos has experienced a surge in real estate development in recent years, making it an excellent investment opportunity. The city offers a wide range of properties, from luxurious beachfront villas to modern apartments and charming townhouses. The thriving tourism industry, significant infrastructure investments, and the growing number of visitors contribute to the strong rental demand, ensuring a steady income stream for property owners.

4. High Quality of Life: Paphos offers an exceptional quality of life with its excellent healthcare facilities, international schools, and a wide range of leisure and recreational activities. The city boasts a vibrant culinary scene, with numerous restaurants serving both traditional Cypriot cuisine and international delicacies. The low crime rate, welcoming local community, and relaxed pace of life add to the city's appeal for families, retirees, and professionals.

5. Connectivity and Accessibility: Paphos benefits from excellent connectivity, with an international airport that offers regular flights to major European cities. The city is well-connected via road networks, making it easy to explore the rest of Cyprus and visit nearby attractions. The proposed extension of the Paphos-Limassol motorway further enhances accessibility and facilitates commuting between the two cities.

Reference number: PPGP33-401
Property area: 189 m2
Type: Penthouse
Condition: Under construction
Energy Efficiency: N/A
Bedrooms: 2
Square meter price: €2.646 /m2
Bathrooms: 2:
Paphos - Statistics
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ParametersPaphos
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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ParametersPaphos
Crime Index31.94
Cost of Living and Rent Index39.50
Purchasing Power Index86.05
Property Price to Income Ratio7.41
Safety Index68.06
Traffic CO₂ Index3990.00
Traffic Inefficiency Index108.55
Rent Index24.38
Health Care Index70.76
Groceries Index53.20
Pollution Index31.54
Traffic Commute Time Index19.38
Restaurant Price Index52.27
Climate Index96.66
Cost of Living Index51.66
Quality of Life Index185.69
Traffic Index97.36
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ParametersPaphos
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-Rate4.01
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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CityPaphos
TypePenthouse
Bedrooms2
Living space189 m²
  • sq. ft
Price
  • Price
  • per m²
$ 526 650