Modern apartments, Park of Colours, Paphos

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Cyprus, Paphos
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62 m² — 118 m²
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1—3 Bedrooms
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1—2 Baths
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ID CY219477

€235,000 — €550,000

62 m² • €3,790.32+ m²
Elena Kozyreva
Elena KozyrevaExpert on real estate and permanent residency by investment in Cyprus
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Cyprus Permanent Residence

€300,000+9+ months

Property is eligible for Cyprus Permanent Residence by Investment Program

Learn more

Cost

Property cost

€235,000 — €550,000

Price for m²

€3,790.32 — €4,661.02

Purchase taxes

5% VAT

State fees

0,2%

Registration cost

1%

Distances

Sea 2 km
Infrastructure 500 m
Airport 19 km

Yield and management

Yield

5-7%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

The project is represented by a residence built in the famous park of flowers in the center of Paphos. Park with an area of 32,000 sq.m. will consist of sports fields, a playground and a botanical garden, a cafeteria, a basketball court, a small football field, locker rooms, a climbing wall, a skate park and an outdoor exhibition area. The park will be the largest in Paphos and one of the largest on the island.    

The project consists of 4 buildings of 8 levels each, available options for apartments with 1, 2 and 3 bedrooms. Each apartment has a spacious bedroom, living room and open plan kitchen, as well as mesmerizing panoramic views of the sea and city skylines. The project is located within walking distance of the old town and its narrow streets full of shops, cafes, bars and restaurants. Easy access to Paphos commercial area, nightclubs, famous hammams, Paphos shopping center and city bus route. Ideal for own living or investment with excellent rental opportunities.  

Real estate

Object type

Apartments

Object category

New

Object stage

Construction

Permits

Yes

Object completion date

June 2025 - June 2026

Design features

Ownership

Characteristics

Total area

62 m² — 118 m²

Number of storeys

6

Bedrooms

1—3

Baths

1—2

Parking

Yes

Renovation

Standard

Furniture

Partially furnished

View

Sea, City

Equipment

Central heating
Split system conditioning

Properties

Elevator
Balcony
Public pool
Gym
Sauna
Garden on the plot
Solar panels
Internet
TV
Video entry system

Location

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