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150m² Building for Sale in Paphos - Universal

ID: 1419253
Posted: 12 months ago
Modified: 1 month ago

Under Construction
150m²
2024

€3 900 000
+ VAT

Price per m²

€26000/m²

VAT

Not Included in Price

VAT for this property is €195,000 (Reduced 5% rate) or €741,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.

Title Transfer Fee

Ref. #: 4499

Energy Efficiency: A
Internal Area: 578 m²
Total Number of Floors: 4
Air Conditioning: Yes

The investment project involves the acquisition of a project under construction in the heart of the city of Paphos, just a few minutes’ walk from the Kings Avenue shopping center, bars and restaurants, the old market and the beach.An ideal project with a yield of 8.4% per annum (IRR), with a payback period of 12 years.

The purpose of the construction of this project is to meet the high demand of consumers for renting inexpensive high-quality housing in conditions of an ever-growing level of visiting employees of the island’s companies.

The house will be built using modern technologies and thoughtful design, with transport accessibility.

Participation in this investment project is a sufficient basis for obtaining a residence permit of the Republic of Cyprus.This amazing modern 4-storey residential complex consists of 7 apartments, six 2-bedroom and one 3-bedroom superior penthouse!

Still have questions? Reach out to listing owner.

How big is the covered veranda? How big is the uncovered veranda? What floor is the property on? Is there a pool on the property? What is the floor type? Can you share a video of the property?

Address: QC6F+M66 Paphos, Cyprus
Minucipality: Paphos - Universal
District: Paphos
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Airports
Paphos International Airport8.5 km
Larnaca International Airport (LCA)108.8 km

Schools
EDGE - English Learning Center0.1 km
Vaia The Owl1.8 km
The Yellow beehive Kindergarten & Nursery School1.0 km
The Bulgarian School of Paphos1.9 km
Shop 1 Corallo Court Renou and Pygmalionos Streets1.5 km

€3 900 000
+ VAT

Price per m²

€26000/m²

VAT

Not Included in Price

Title Transfer Fee

MySpace

Agency
R.N.:229/E L.N.:1047

Sale: 4736 ads
Rent: 324 ads

+357 25 123-xxx

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150m² Building for Sale in Paphos - Universal

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