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Flat 59 м² in Paphos, Cyprus

165 762 $

2 809 $ /м²

4OVjj
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Area

59 м2

Bedrooms

1

Bathrooms

1

Apartment for sale in Paphos, Cyprus

This apartment is conveniently located in the center of Paphos, within walking distance to all amenities: supermarkets, shopping center, schools, restaurants and easy access to the highway. Property Features:This spacious apartment has an open plan living and dining area and a cozy kitchen. A patio door from the living room leads to a good sized balcony with city views. The apartment has a good sized bedroom with built in closet. Completing the apartment is a family bathroom. The apartment has been recently refurbished and has new furniture and appliances. There is private parking available.

Additional details

Property type

Residential Properties

Object type

Flat

Price

165 762 $

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 (165 762 $) 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).

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