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Five-storey residential complex in the center of Paphos

Cyprus, Paphos
ID CYP221336
Object sold
Five-storey residential complex in the center of Paphos
€6,000,000

1615 m² • €3,715 m²

Cyprus, Paphos
1615 m²
30 beds
40 bathrooms
ID CYP221336

Cost

Property cost €6,000,000
Price for m2 €3,715
Purchase taxes 5, 19% НДС
Registration cost 1%
State fees 0,2%
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Distances

Sea 2km
Airport 17km
Infrastructure 100m

Yield and management

Yield 3—4%
Property management Yes

Description

For sale is a modern 5-storey residential complex with a unique architectural solution, which is located in a beautiful residential area in the center of Paphos.

The building consists of 10 1 bedroom apartments and 10 2 bedroom apartments. The rooftop terrace, where there is a communal pool and lounge area, offers scenic views of the sea. The complex also has a gym, sauna and massage room.

The price of the residential complex includes all turnkey apartments with high specifications:

  • marble floors
  • Built-in kitchen / granite worktop in the kitchen
  • Wooden wardrobes in the bedrooms and custom-made wooden kitchens
  • Appliances
  • Central air conditioning system
  • Cushioned furniture
  • Natural wooden parquet (oak) in the bedrooms
  • Swimming pool clad in Italian mosaic with overflow edge surrounded by wooden decking
  • Roof terrace
  • Massage room
  • Dressing room
  • Sauna
  • Sports Hall
  • Lounge area
  • landscape design
  • Stone slab on the verandas
  • Exterior finishes in traditional stone, decorative concrete, wood
  • Double glazing with aluminum frames
  • Laminated glass balustrade
  • Individual parking spaces

The cost of utilities €80-90 per month.

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Real estate

Object type Residential complex, Apartments
Object category New house
Object stage Construction
Permits On hand
Construction start date After signing the contract of sale
Object completion date 14 months after the start of construction
Design features Ownership
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Characteristics

Total area 1615 m²
Number of storeys 5
Land area 1237 m²
Bedrooms 30
Baths 40
Parking Yes
Parking type Covered, Open
Number of parking spaces 20
Repair Standard
Furniture Partially furnished
View sea, city
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Equipment

Central conditioning
Electrical heating

Properties

Elevator
Сovered deck
Public pool
Gym
Sauna
Barbecue area
Roof garden
Garden on the plot
Underfloor heating
Terrace
Solar panels
Internet
TV

Location

Object sold
€6,000,000

1615 m² • €3,715 m²

This property has been sold but we can help you find another one.

Zlata Erlach investment
programs expert
Cyprus Permanent Residence

Property is eligible for Cyprus Permanent Residence by Investment Program

Immigrant Invest is the official representative of the program.

€300,000+ Investment amount
3+ months Obtaining period
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Schedule a meeting

Let’s discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

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