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.

Is there a title deed? What floor is the property on? Does the property have a parking lot? What is the floor type? What is the energy source? What is the maximum height 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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