Cyprus Real Estate Marketplace

Building for Sale in Paphos District

  • Posted: 7 months ago
  • Modified: 2 months ago
  • Views: 9
  • Brand New
  • €3 900 000
  • + VAT
Title Transfer Fee
No
  • Ref. #: 4499

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!

  • €3 900 000
  • + VAT
Title Transfer Fee
No
  • Agency
  • R.N.:229/E L.N.:1047
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