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Paphos
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Flat 274 м² in Paphos, Cyprus

491 725 $

1 794 $ /м²

4OUqs
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Flat 274m² in Cyprus, Paphos. Priced at 364214£ rent photo-1 Flat 274m² in Cyprus, Paphos. Priced at 364214£ rent photo-2 Flat 274m² in Cyprus, Paphos. Priced at 364214£ rent photo-3 Flat 274m² in Cyprus, Paphos. Priced at 364214£ rent photo-4 Flat 274m² in Cyprus, Paphos. Priced at 364214£ rent photo-5 Flat 274m² in Cyprus, Paphos. Priced at 364214£ rent photo-6

Area

274 м2

Bedrooms

5

Bathrooms

3

Apartment for sale, Paphos, Paphos, Paphos, in Paphos, Cyprus

Welcome to the epitome of luxury living in Paphos - a warm and welcoming atmosphere awaits you at the largest, most famous and best penthouse in town. This five-bedroom wonder is a spacious, well-maintained abode that offers spectacular, unrestricted sea views stretching beyond the city skyline. The majestic terrace is a sunny paradise from morning to sunset, where you can enjoy the beautiful sunshine and pamper yourself with the gentle touch of the sea breeze. Stepping inside through the cozy patio, you will find yourself in the modern kitchen and spacious open plan area. The generous square footage allows you to enjoy additional benefits such as an office nook, cozy gym or lounge area designed to suit your unique tastes and needs. Each bedroom is a cozy haven of comfort, fully equipped and generously sized, with two en-suite bathrooms for added convenience. This exquisite property perfectly blends style, layout and location, making it an ideal choice for private ownership and investment opportunities. It is only a 2 minute stroll from Paphos Old Town and the town center with all amenities including schools, bus stops and restaurants conveniently located nearby.

Additional details

Property type

Residential Properties

Object type

Flat

Price

491 725 $

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 (491 725 $) 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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