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Flat 66 м² in Paphos, Cyprus

284 410 $

4 309 $ /м²

4OTaD
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Area

66 м2

Bedrooms

2

Bathrooms

1

2 Bedroom Apartment for sale Paphos, Paphos, Cyprus

A new building. Small complex of only 18 apartments. Comfortable modern housing in the center of Paphos. The development includes studios, 1 and 2 bedroom apartments. The development is in close proximity to a wide selection of stores, restaurants, cafes and bars, while Kings Avenue Mall, beaches and golf resorts such as Venus Rock Golf Resort and Paphos International School are only a short drive away. The upcoming American University of Beirut (AUB) and Cyprus University of Technology will be in close proximity, making these residences an ideal investment opportunity for rental. The modern finishes and interior spaces of the apartments will offer comfort to all future owners. Prices start from € 140,000 + VAT for studios, € 170,000 + VAT for 1 bedroom apartments, € 240,000 + VAT for 2 bedroom apartments. 2 bedrooms, 1 bathroom, 124 m2 building, 0 m2 plot, no swimming pool. Price € 240,000.

Additional details

Property type

All Types

Object type

Flat

Price

284 410 $

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 (284 410 $) 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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