3 bedrooms Penthouse in Paphos, Cyprus No. 70840
ID70840
$ 732 044
Property description
Premium ultraluxury top floor apartment in the heart of Kato Pafos (Universal).This unique residential building with only 2 whole floor apartments is located just a short walk to Kings Avenue Mall, bars, Minimarket & Bus stop across the street, restaurants and the beach!
A 4rd floor apartment
Covered area - 120 m2
Covered outside areas - 80m2
Roof garden - 25 m2
Total - 200 m2
Delivery - summer 2023
Price + VAT
Location:
* Within walking distance to the beach, bars & restaurants (10min walk)!
* Within walking distance to the kings Avenue Mall (12 min)!
* Within walking distance to Hotels!
* Within walking distance to the harbor!
High-Quality-Ceramic Tiles
Granite worktops
White sanitary fittings
Mixer Grohe or similar make.
Quality solar-heated hot water supply to kitchen, all bathrooms and washrooms.
Pressurized water system.
Doors are made of solid wood and fire protection.
Double glazed sliding anodized Aluminium.
Provision for installation of VRV Air Conditioning/Heating units in all rooms (Piping-wiring).
*Provision for smart home
*Provision for central heating system
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: HVBSIA301
Property area: 120 m2
Type: Penthouse
Condition: Under construction
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €5.792 /m2
Bathrooms: 2:
Location:
* Within walking distance to the beach, bars & restaurants (10min walk)!
* Within walking distance to the kings Avenue Mall (12 min)!
* Within walking distance to Hotels!
* Within walking distance to the harbor!
High-Quality-Ceramic Tiles
Granite worktops
White sanitary fittings
Mixer Grohe or similar make.
Quality solar-heated hot water supply to kitchen, all bathrooms and washrooms.
Pressurized water system.
Doors are made of solid wood and fire protection.
Double glazed sliding anodized Aluminium.
Provision for installation of VRV Air Conditioning/Heating units in all rooms (Piping-wiring).
*Provision for smart home
*Provision for central heating system
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: HVBSIA301
Property area: 120 m2
Type: Penthouse
Condition: Under construction
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €5.792 /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.
Contact the seller
Paphos
Penthouse
3
120 m²
- m²
- sq. ft
$ 732 044
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