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Flat 63 м² in Paphos, Cyprus

304 896 $

4 839 $ /м²

4OTUf
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Area

63 м2

Bedrooms

2

Bathrooms

2

2 bedroom apartment for sale Paphos, Paphos, Cyprus.

The project consists of six one bedroom luxury apartments located in the new residential area of Anavargos in Paphos, surrounded by many amenities including schools and Paphos General Hospital. The location provides easy access to the highway, Paphos town center and the sea. The natural landscape and adjacent government buildings offer unobstructed sea views from all apartments. The design provides seamless use of both indoor and large covered verandas equipped with grill units, offering a secluded area to relax right in the center of town. Modern and elegant architecture, cozy interiors and the highest quality finishes will pleasantly surprise those who appreciate true comfort. Ideal for permanent residence or high rental yield. Large covered balconies equipped with grill units, open sea view, surrounded by schools, general hospital and all amenities, modern architectural design, upgraded thermal aluminum series, custom kitchen design, wide selection of imported ceramic tiles and marble, brand name plumbing fixtures, central heating and air conditioning facilities, energy efficient property design. Six two-bedroom apartments are available for sale. The area is 76-84 square meters. Covered veranda of 17-18 sqm. Prices start from €260,000 and up to €285,000. Completion date: January 2025. PLUS VAT.

Additional details

Property type

All Types

Object type

Flat

Price

304 896 $

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 (304 896 $) 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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