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Five-story modern residence in the city center

Cyprus, Paphos
ID CYP221325
Object sold
Five-story modern residence in the city center
€2,300,000

596 m² • €3,859 m²

Cyprus, Paphos
596 m²
11 bed
17 bathrooms
ID CYP221325

Cost

Property cost €2,300,000
Price for m2 €3,859
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 an amazing residential area in the center of Paphos.

The multi-family building with panoramic views has a carefully thought out ultra-modern design to boast not only its sophistication, but also practicality. Ideal for holidays, for renting and as a profitable investment.

The building consists of 2 1 bedroom apartments, 3 2 bedroom apartments and a 3 bedroom duplex penthouse. The rooftop terrace, which features a communal pool and lounge area, offers scenic views. The complex also has a gym and jacuzzi.

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

  • marble floors
  • Built-in kitchen / granite worktop in the kitchen
  • Wooden cabinets in bedrooms and kitchens
  • Solid wood front door
  • Upholstered furniture and fittings
  • Interior Design
  • Appliances
  • Air conditioners
  • Natural wooden parquet (oak) in the bedrooms
  • landscape design
  • Stone slab on the verandas
  • Exterior finishes in traditional stone, decorative concrete and wood
  • Double glazing with aluminum frames
  • Laminated glass balustrade (handrail)
  • Individual parking spaces

The cost of utilities €70-80 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 596 m²
Number of storeys 5
Land area 618 m²
Area of common areas 10 m²
Rooms 19
Bedrooms 11
Baths 17
Parking Yes
Parking type Covered
Repair Standard
Furniture Partially furnished
View sea, city
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Equipment

Split system conditioning
Electrical heating
Smart home system

Properties

Elevator
Сovered deck
Public pool
Gym
Garden on the plot
Security
Solar panels
Internet
TV

Location

Object sold
€2,300,000

596 m² • €3,859 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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