Flat 80 м² in Paphos, Cyprus

723 392 $

9 042 $ /м²

4OTjM

Flat 80m² in Cyprus, Paphos. Priced at 635000€ rent photo-

Area

80 м²

Bedrooms

Bathrooms

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

A three bedroom penthouse apartment in the Agios Theodoros neighborhood of Paphos. The project will be located just a few meters east of Spew Cyprianou Avenue and about 1 km northeast of the sea. The apartment is on the third floor and will consist of a living-kitchen area, main bathroom, three bedrooms (master bedroom with en-suite bathroom) and covered verandas. The apartment will have exclusive right to a parking space and storage on the first floor, as well as the use of a communal swimming pool. The apartment will be equipped with underfloor heating, VRV for cooling and alarm systems which are already included in the price. Furniture package from 25,000 euros plus VAT. The project will be completed in 2025. Plus VAT.

Additional details

Property type

All Types

Object type

Flat

Price

723 392 $

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 (723 392 $) 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).