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Flat 91 м² in Paphos, Cyprus

627 024 $

6 890 $ /м²

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Area

91 м2

Bedrooms

2

Bathrooms

2

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

This completed and desirable development is ideally located just 150 meters from the sea and within walking distance of the entertainment and attractions of the Paphos tourist area. Stores, restaurants, hotels and the new Kings Avenue Mall are just steps away from the accommodation. In addition, the project overlooks the archaeological park and lighthouse, providing magnificent views of the sea forever.The elegant and well-maintained complex has two blocks of apartments arranged around a cozy courtyard with a fountain. The large communal infinity pool is the perfect place for refreshing swims in the summer, while an indoor gym exclusively for owners and residents will help you keep fit.The spacious 86 sqm 2 bedroom, 2 bathroom apartment is being sold fully furnished and equipped and has previously been successfully rented out. The apartment is located on the third floor, overlooking the lighthouse, and offers a magnificent view of the archaeological area and unobstructed sea views. It is ready to live in or rent out and presents an excellent opportunity for living, personal residence and investment.

Additional details

Property type

Residential Properties

Object type

Flat

Price

627 024 $

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 (627 024 $) 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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