2 bedrooms Apartment in Paphos, Cyprus No. 73014
ID73014
$ 643 625
Property description
Two Bedroom Apartment For Sale In Kato Paphos - Title Deeds (New Build Process)Last remaining apartment !!
This is a development of both 2 and 3 bedroom apartments centrally located close to the Paphos Mall in Kato Paphos. The development will offer a rooftop communal decking area offering stunning sea views and a communal swimming pool. This apartment has fantastic investment opportunity.
- 2 Double bedrooms with en-suite facilities and fitted wardrobes
- Open plan living - lounge - dining - kitchen area
- Guest W/C
- Provisions for air conditioning
- Unfurnished
- Private parking
- Store rooms
- Communal lift
- Communal rooftop garden
- Communal Sauna and Jacuzzi
- Communal swimming pool and entertaining area
- Communal children's swimming pool
- Internal area 80 m2
- Covered veranda 30 m2
- Uncovered veranda 65 m2
- Covered parking 20 m2
- 5 Minutes walk to the nearest beach
- 5 Minutes to local amenities
- 10 Minutes walk to the Kings Mall
- 15 Minutes to the nearest golf course
- 20 Minutes to Paphos International Airport
- Suitable for Cyprus Permanent Residency
- Subject to VAT
- Energy Efficiency TBC
Kato Paphos
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
* Roof Garden with Sea and Mountain Views
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject To VAT
* New Build
* Energy Efficiency TBC
Kato Paphos
Kato Paphos
County: Paphos
Sale Type: For Sale
Ref #: HAD021N2
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.