Flat 171 м² in Paphos, Cyprus

600 586 $

3 512 $ /м²

4OVAT

Flat 171m² in Cyprus, Paphos. Priced at 526000€ rent photo- #1

Flat 171m² in Cyprus, Paphos. Priced at 526000€ rent photo- #2

Flat 171m² in Cyprus, Paphos. Priced at 526000€ rent photo- #3

Flat 171m² in Cyprus, Paphos. Priced at 526000€ rent photo- #4

Area

171 м²

Bedrooms

Bathrooms

Luxury apartments for rent in Paphos, Cyprus

A modern three storey building with three spacious two bedroom apartments with sea views located in the center of Paphos town, close to public and private schools, shopping centers, luxury hotels, blue flag beaches and restaurants. One apartment on each floor. The apartments are very spacious, with open plan kitchen, dining and living areas. All bedrooms have en-suite bathrooms and access to a covered veranda. All apartments have the same layout, except for the penthouse which has a large open and partially covered roof-terrace. Each apartment has a laundry room, guest toilet, elevator access, covered parking and storage room. Energy efficiency class: A. The property is subject to VAT.

Additional details

Property type

Residential Properties

Object type

Flat

Price

600 586 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Paphos; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Paphos short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (600 586 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Paphos: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).