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Paphos
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Flat 118 м² in Paphos, Cyprus

518 391 $

4 393 $ /м²

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Flat 118m² in Cyprus, Paphos. Priced at 383965£ rent photo-1 Flat 118m² in Cyprus, Paphos. Priced at 383965£ rent photo-2 Flat 118m² in Cyprus, Paphos. Priced at 383965£ rent photo-3 Flat 118m² in Cyprus, Paphos. Priced at 383965£ rent photo-4 Flat 118m² in Cyprus, Paphos. Priced at 383965£ rent photo-5 Flat 118m² in Cyprus, Paphos. Priced at 383965£ rent photo-6

Area

118 м2

Bedrooms

1

Bathrooms

2

3 ROOM APARTMENT FOR SALE IN PAFOSA CENTER

A residence built in the famous Park of Flowers in the center of Paphos. The 32000m2 park will include sports fields, playground and botanical garden, cafeteria, basketball court, small soccer court, changing rooms, climbing wall, skate park and outdoor exhibition space. The park will be the largest in Paphos and one of the largest on the island.The project delights with beautiful views of the center of Paphos and the sea. It is the best place to live in the city, with easy access to the old town and its narrow streets with many stores, cafes, bars and restaurants. Also easy access to Paphos commercial area, nightlife, famous Hammams, Paphos Shopping Center and bus routes. This development is the perfect place to enjoy and explore all that Paphos has to offer. Great both as an urban base or as an investment with excellent rental opportunities.The project consists of 4 buildings, each with 8 levels. One, two and three bedroom apartment options are available. Each apartment has a spacious bedroom, living room and open plan kitchen and spectacular panoramic views of the sea and cityscape.

Additional details

Property type

Residential Properties

Object type

Flat

Price

518 391 $

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 (518 391 $) 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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