Flat 31 м² in Paphos, Cyprus

296 427 $

9 562 $ /м²

4OUqc

Flat 31m² in Cyprus, Paphos. Priced at 221363£ rent photo- #1

Flat 31m² in Cyprus, Paphos. Priced at 221363£ rent photo- #2

Flat 31m² in Cyprus, Paphos. Priced at 221363£ rent photo- #3

Flat 31m² in Cyprus, Paphos. Priced at 221363£ rent photo- #4

Flat 31m² in Cyprus, Paphos. Priced at 221363£ rent photo- #5

Flat 31m² in Cyprus, Paphos. Priced at 221363£ rent photo- #6

Area

31 м²

Bedrooms

Bathrooms

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

This unique offering represents a truly unrivaled investment opportunity. The package comprises two separate apartments, each possessing one bedroom. Perfectly located in the heart of Kato Paphos, in the heart of the busy tourist area, it is a haven for potential vacation rentals, promising an attractive ROI. Located just across the road from the city's best beaches and hotels, it offers convenience and an enviable lifestyle.The strategic location provides easy access to a host of amenities such as bus stop, shopping center and pharmacies, as well as a variety of restaurants, bars and a sunny beach ideal for relaxing strolls.Recently renovated with a contemporary style, the apartments exude modernity and sophistication. Both apartments have an almost identical layout with 32 square meters of living space each, with slight variations in design located side by side for easy maintenance. Stepping inside, you will find an open space where the kitchen and living room create a harmonious space equipped with high-end appliances. The well-appointed bathroom is separate, providing coziness and comfort. A separate bedroom with a spacious king-size bed and plenty of storage solutions creates a cozy atmosphere for hours of relaxation.

Additional details

Property type

Residential Properties

Object type

Flat

Price

296 427 $

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 (296 427 $) 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).