Main Countries Buy Rent

Flat 106.93 м² in Paphos, Cyprus

287 328 $

2 687 $ /м²

4OUsC
Share:

Area

106.93 м2

Bedrooms

2

Bathrooms

2

Apartment for sale, Paphos, Paphos, Paphos, in Paphos, Cyprus.

This modern apartment complex in Paphos has good potential in the local real estate market. It is located in a quiet residential area close to a park and many amenities, which is a big bonus for families. It also promises good potential for long term rentals.The boutique complex consists of only 3 floors and 5 apartments, providing exclusivity, peace and comfort as there are only two apartments on each floor and there is a penthouse with its own roof terrace. The apartments feature open floor plans, spacious living areas with high ceilings, glass enclosures, preparations for air conditioning and wireless alarm system, etc. Moreover, all apartments provide stunning sea views from spacious verandas.There is no communal swimming pool in the complex, so the maintenance costs for the owners are minimal. However, there are many amenities that make life comfortable - photovoltaic panels, dedicated parking spaces and storage rooms, electric gates, common area with barbecue and much more.Considering the architectural planning, quality of construction, choice of finishes, comfortable layouts, sea views and location, this is probably the best value for money offer in town. A good investment option is to buy the whole project.

Additional details

Property type

Residential Properties

Object type

Flat

Price

287 328 $

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 (287 328 $) 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).

Related sections