Flat 50 м² in Paphos, Cyprus

315 964 $

6 319 $ /м²

4OVKR

Flat 50m² in Cyprus, Paphos. Priced at 234239£ rent photo- #1

Flat 50m² in Cyprus, Paphos. Priced at 234239£ rent photo- #2

Flat 50m² in Cyprus, Paphos. Priced at 234239£ rent photo- #3

Flat 50m² in Cyprus, Paphos. Priced at 234239£ rent photo- #4

Flat 50m² in Cyprus, Paphos. Priced at 234239£ rent photo- #5

Flat 50m² in Cyprus, Paphos. Priced at 234239£ rent photo- #6

Area

50 м²

Bedrooms

Bathrooms

Apartment for sale, Kato Paphos, in Paphos, Cyprus

This magnificent development offers exquisite modern apartments for sale in Kato Paphos. The modern designed development is located in a lovely residential area, within walking distance to the beach and the famous Kato Paphos promenade.The four-storey building has just 7 modern apartments, each with spectacular city and sea views.Residents can enjoy visiting the top floor and spending time on the roof terrace next to the glistening swimming pool! The sunsets from this superb rooftop accommodation are simply mesmerizing!Project Features:- Only 7 apartments- Walking distance to the beach- Close to amenities, just 2 km from the city center- Close to Paphos International School- Ideal for investment or permanent residence- Equipped with high quality materials and finishes.

Additional details

Property type

Residential Properties

Object type

Flat

Price

315 964 $

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 (315 964 $) 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).