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Flat 148 м² in Paphos, Cyprus

640 036 $

4 324 $ /м²

4OTY8
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Area

148 м2

Bedrooms

3

Bathrooms

3

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

A spacious and modern two bedroom apartment forming part of a brand new building located in the center of Paphos town. The building is very close to the sea, Paphos seafront and harbor, Kings Avenue shopping center and all the main facilities of the town center. The modern lines of the building and its B-top shape give it a unique character. The building consists of 3 floors with a three bedroom apartment on each floor. The apartment is very spacious, with an open plan between the kitchen, dining and living areas. All bedrooms have ensuite bathroom and bathroom and access to the covered veranda. The apartment is additionally equipped with laundry room, guest toilet and elevator with access to the covered parking and storage area. Internal total area: 138,64 sqmCovered veranda: 32,42 sqmOther covered areas: 76.85 sqmProject under constructionPrice + VAT

Additional details

Property type

All Types

Object type

Flat

Price

640 036 $

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 (640 036 $) 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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