3 bedrooms Apartment in Paphos, Cyprus No. 72233
ID72233
$ 1 772 288
Property description
SOHO Resort is a unique residential resort and a celebrated Paphos landmark located at the city's most privileged waterfront location. Consisting of two towers - the West Tower with 15 floors and the under-construction East Tower with 16 floors - this resort is set to be the highest building in the city.The architecture of this eagerly anticipated development includes organic lines and natural curves topped with the towers' elegant futuristic silhouette that reflects a sense of luxury and comfort and stands out without disturbing the surrounding landscape.
Interior elements encompass high-quality materials and elegant finishes to combine maximum design with exceptional technical performance. Each of the 50 fully furnished and turnkey-equipped apartments will have its terrace, where residents will be able to enjoy the unobstructed sea views, the golden Mediterranean sunsets, and spend quality time with family and friends.
As for the resort's 20 spectacular and spacious villas, they are considered the truly exceptional choice for the discerning resident who only seeks the best.
Their contemporary design will captivate you with its ample open spaces, while its premium specifications and luxurious embellishments will inspire an opulent sense of living.
The residences accommodate a gym, a spa, a swimming pool, sports facilities, a park, a playground, and stunning gardens - all essential commodities that invite relaxation and a comfortable lifestyle. Additionally, the resort will be surrounded by luxury hotels, nightlife, schools, universities, and hidden gems to be discovered.
The breathtaking views of Paphos seafront, the harbour with its picturesque castle, and the panoramic views of the vibrant city add the perfect lasting touches to an already stunning project.
Overall, Soho Resort presents an ideal opportunity for a promising and safe investment to buy property in Cyprus. Combining a unique and beautiful beachfront location, with high-quality construction, innovative development, and luxurious interiors, this residential resort guarantees a no-risk, income-producing investment all in one project.
Reference number: CN8743
Property area: 161 m2
Type: Apartment
Condition: Brand new
Energy Efficiency: A
Bedrooms: 3
Square meter price: €10.683 /m2
Bathrooms: 3:
The residences accommodate a gym, a spa, a swimming pool, sports facilities, a park, a playground, and stunning gardens - all essential commodities that invite relaxation and a comfortable lifestyle. Additionally, the resort will be surrounded by luxury hotels, nightlife, schools, universities, and hidden gems to be discovered.
The breathtaking views of Paphos seafront, the harbour with its picturesque castle, and the panoramic views of the vibrant city add the perfect lasting touches to an already stunning project.
Overall, Soho Resort presents an ideal opportunity for a promising and safe investment to buy property in Cyprus. Combining a unique and beautiful beachfront location, with high-quality construction, innovative development, and luxurious interiors, this residential resort guarantees a no-risk, income-producing investment all in one project.
Reference number: CN8743
Property area: 161 m2
Type: Apartment
Condition: Brand new
Energy Efficiency: A
Bedrooms: 3
Square meter price: €10.683 /m2
Bathrooms: 3:
Paphos - Statistics
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| Parameters | Paphos |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 924.39 |
| Apartment (1 bedroom) Outside of Centre | $ 751.54 |
| Apartment (3 bedrooms) in City Centre | $ 1 775.94 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 468.71 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 2 593.68 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 1 533.13 |
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| Parameters | Paphos |
|---|---|
| Crime Index | 31.94 |
| Cost of Living and Rent Index | 37.33 |
| Purchasing Power Index | 81.64 |
| Property Price to Income Ratio | 6.37 |
| Safety Index | 68.06 |
| Traffic CO₂ Index | 3952.00 |
| Traffic Inefficiency Index | 114.19 |
| Rent Index | 23.77 |
| Health Care Index | 70.76 |
| Groceries Index | 47.54 |
| Pollution Index | 31.54 |
| Traffic Commute Time Index | 20.29 |
| Restaurant Price Index | 50.36 |
| Climate Index | 96.66 |
| Cost of Living Index | 48.03 |
| Quality of Life Index | 184.87 |
| Traffic Index | 98.34 |
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| Parameters | Paphos |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 15.46 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 61.84 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 7.47 |
| Domestic Beer (0.5 liter draught) | $ 3.30 |
| Imported Beer (0.33 liter bottle) | $ 3.61 |
| Coke/Pepsi (0.33 liter bottle) | $ 2.07 |
| Water (0.33 liter bottle) | $ 1.20 |
| Cappuccino (regular) | $ 3.40 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.52 |
| Loaf of Fresh White Bread (500g) | $ 1.55 |
| Eggs (regular) (12) | $ 3.81 |
| Local Cheese (1kg) | $ 15.07 |
| Water (1.5 liter bottle) | $ 0.93 |
| Bottle of Wine (Mid-Range) | $ 6.70 |
| Domestic Beer (0.5 liter bottle) | $ 1.73 |
| Imported Beer (0.33 liter bottle) | $ 2.11 |
| Cigarettes 20 Pack (Marlboro) | $ 5.15 |
| Apples (1kg) | $ 2.57 |
| Chicken Fillets (1kg) | $ 8.04 |
| Oranges (1kg) | $ 2.24 |
| Potato (1kg) | $ 1.30 |
| Lettuce (1 head) | $ 0.79 |
| Rice (white), (1kg) | $ 2.13 |
| Tomato (1kg) | $ 3.50 |
| Banana (1kg) | $ 1.56 |
| Onion (1kg) | $ 0.99 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.99 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.06 |
| Monthly Pass (Regular Price) | $ 51.53 |
| Gasoline (1 liter) | $ 1.45 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 22 932.56 |
| Taxi Start (Normal Tariff) | $ 5.15 |
| Taxi 1km (Normal Tariff) | $ 1.96 |
| Taxi 1hour Waiting (Normal Tariff) | $ 18.96 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 31 779.21 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 181.64 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 34.70 |
| $ 21.08 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 619.58 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.01 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 59.63 |
| Tennis Court Rent (1 Hour on Weekend) | $ 19.33 |
| Cinema, International Release, 1 Seat | $ 10.31 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 81.17 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 51.53 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 102.81 |
| 1 Pair of Men Leather Business Shoes | $ 87.61 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 396.81 |
| International Primary School, Yearly for 1 Child | $ 6 982.84 |
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.