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Paphos
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Flat 138 м² in Paphos, Cyprus

293 890 $

2 129 $ /м²

4OTiH
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Flat 138m² in Cyprus, Paphos. Priced at 248000€ rent photo-1

Area

138 м2

Bedrooms

3

Bathrooms

2

3 bedroom apartment for sale in Paphos, Paphos, Cyprus.

This charming apartment has just been built and is located in Geroskipou, Paphos. Geroskipou is a traditional village just a short drive from the center and harbor of Paphos. The picturesque village square is home to various tavernas, bars, restaurants and coffee shops as well as small stores. Despite all the modern amenities, the village retains its traditional charm. With easy access to the highway and airport, Geroskipu is a great location. Conveniently located just minutes from the sandy beach and Paphos town center, this 3-bedroom apartment is located on the first floor of a new residential complex. The building has an elegant design and consists of eight exquisite apartments. The finishes are of high quality materials and are of a high standard. The apartment has an internal fully covered area of 138 square meters. The apartment has a layout with an open living room, dining room and kitchen. Patio doors from the living room lead to a covered balcony with plenty of space for outdoor relaxation. The master bedroom has an en-suite shower block and the other two bedrooms share a bathroom. Secured covered parking and storage rooms are also available for all residents. A great investment opportunity in a super popular location. Features: Built-in closets Class A energy efficiency Air conditioning pre-installation Distances: 5 minutes to the beautiful long sandy beach of Geroskipou 5 minutes from Paphos center 20 minutes drive from Paphos International Airport

Additional details

Property type

All Types

Object type

Flat

Price

293 890 $

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 (293 890 $) 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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