Flat 55 м² in Paphos, Cyprus

218 270 $

3 968 $ /м²

4OVoS

Flat 55m² in Cyprus, Paphos. Priced at 162585£ rent photo- #1

Flat 55m² in Cyprus, Paphos. Priced at 162585£ rent photo- #2

Flat 55m² in Cyprus, Paphos. Priced at 162585£ rent photo- #3

Flat 55m² in Cyprus, Paphos. Priced at 162585£ rent photo- #4

Flat 55m² in Cyprus, Paphos. Priced at 162585£ rent photo- #5

Flat 55m² in Cyprus, Paphos. Priced at 162585£ rent photo- #6

Area

55 м²

Bedrooms

Bathrooms

Apartment for sale in Paphos, Cyprus

A premium apartment complex located in the heart of Paphos town! This is city life at its best, just a short walk from the old town and its narrow streets overflowing with stores, coffee shops, bars and restaurants! Easy access to Paphos commercial district, nightlife, famous Hammam baths and the city bus route to Paphos shopping center, tourist area and beach! Exclusive and luxurious apartments with spacious bedrooms, living rooms and large balconies! - Unbeatable location within walking distance to the city center and all amenities! - Close to local and international private schools! - VRV for cooling and heating! - Alarm system! - External thermal insulation! - Water pressure system! - Wall mounted toilets and shower cubicles! - Italian floors in all rooms! - Laminate floors in bedrooms! - Finished with high quality materials! - Covered parking lot! Excellent investment opportunity! High return on investment! Underfloor heating as an option!

Additional details

Property type

Residential Properties

Object type

Flat

Price

218 270 $

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 (218 270 $) 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).