3 bedrooms Apartment in Paphos, Cyprus No. 72633
ID72633
$ 762 670
Property description
Three Bedroom Penthouse For Sale In Tomb of the Kings, Paphos - Title Deeds (New Build Process)Indulge in elegance and comfort at this exquisite new development in Kato Paphos.
This is a new and modern development in the heart of Kato Paphos close to the famous Tomb of the Kings area, just 3 minutes walk from the Kings Avenue Mall, 3 minutes walk to the lighthouse beach, 5 minutes walk to the new AUB University and literally within a plethora of amenities.
Designed by renowned award winning architects, this development consists of two blocks of apartments offering studios, one, two bedroom apartments and as well as three bedroom penthouses with panoramic sea views. All properties enjoy spacious living spaces, covered balconies, private parking areas and storages.
The complex offers comfortable resort facilities within a gated community, reception desk, concierge, gym, generous swimming pool and landscaped gardens, offering great investment opportunities and making it ideal for both Permanent Residency and holiday rentals.
- Three bedrooms with fitted wardrobes
- Open plan living - dining area
- High quality European ceramic tiles
- Modern kitchen with high-quality Italian design, melamine and lacquered finished upper & lower cabinets
- Two bathrooms
- High-quality European washbasin on vanity units
- European wall mounted WCs with a concealed flushing system
- Walk in showers with tempered glass screen
- Pressurized water system
- Hot water supply through electrical & solar panel heater (dual system)
- Hot water tank for each apartment including hot water circulating pump
- Cold water supply by local water board into individual storage tank
- Concealed inverter split type AC units
- Optional underfloor heating with heat pump
- Unfurnished
- Allocated covered parking space
- Storage
- Communal swimming pool
- Pool deck area with composite wood or exposed pebble finishes
- Outdoor showers
- Communal gym with fully equipped state-of-the-art equipment
- Gated community
- Electrically operated barriers at entrances and exits
- Automatically operated security lights
- Video phone to operate access doors
- Reception counter for security / concierge
- Internal area 110 m2
- Covered balcony 51 m2
- Uncovered balcony 40 m2
- Storage 3 m2
- Communal Fee TBC
- Walking distance to local shops and amenities
- 4 minutes to Lighthouse (Faros) beach
- 8 minutes to Paphos Harbour with its wide selection of restaurants, bars and amenities
- 18 minutes to the nearest golf course
- 25 minutes to Paphos International Airport
- Suitable for Cyprus Permanent Residency - Fast Track
- Subject to VAT
- Energy Efficiency TBC
Tomb of the Kings
Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district. Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars and nightlife. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program. The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions.
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* Title Deeds (New Build Process)
* Communal Swimming Pool
* Prime Location
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject to VAT
* Under Construction - Delivery in 18 Months
* Energy Efficiency TBC
Tomb of the Kings
Tomb of the Kings
County: Paphos
Sale Type: For Sale
Ref #: FER001N3P
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.