Cyprus Real Estate Marketplace

Building for Sale in Paphos

  • ID: 2031371
  • Posted: 9 months ago
  • Modified: 5 months ago
  • Views: 7
  • Brand New
  • €2 689 000
  • + VAT
Title Transfer Fee
No
  • Ref. #: YL11APTS

Discover an unparalleled living experience in the heart of Paphos with our upcoming project. Carefully crafted and strategically positioned, this development offers a blend of convenience, elegance, and modern design.

Location:

Walking distance to the town center and the enchanting old market.
Only 1,430 meters from the sea and the sandy beaches of the Light House, with Paphos Mall just 1km away.
950 meters away from the new American University of Beirut.
1.5 Km from Aspire School.

Project Highlights:

Uniquely designed by one of Cyprus’s top architects, ensuring a modern and distinctive aesthetic.
Luxury apartments with high-end specifications.
Communal pool catering to the needs of the 9 exclusive apartments.
Covered parking for residents.
Plot size: 1100m²
Total covered area: 900m²

Apartment Configuration:

First Floor (Approx. 286m²):

2 Two-bedroom apartments (75m² each)
1 Four-bedroom apartment (136m²)

Second Floor (Approx. 310m²):

4 Two-bedroom apartments (77m² each)

Third Floor (Approx. 307m²):

4 Penthouse apartments with 2 bedrooms (77m² each)

Construction Strategy:

Consider commencing construction upon obtaining approvals for a visible project underway.
Optimal apartment sizes and configurations suggested for market acceptance.

Prices (Excluding VAT):

Two-bedroom (75m²): €232,000
Two-bedroom (77m²): €236,000
Four-bedroom (136m²): €337,000

Inclusive in Prices:

Land cost (excluding legal fees).
Registered plots under a company, minimizing transfer fees.
Plans and permits.
Oversight by our civil engineer.
Communal pool, covered parking, and covered verandas.

Profit Potential:

Selling prices set competitively at €5000 euros per square meter.
Investor’s profit is flexible, aligning with individual investment goals.

Provision for Green Energy Integration:

Solar panels for sustainable energy solutions.
Electric heating options for efficient warmth.
Climate control systems for personalized comfort.

We envision a prosperous partnership with you, creating not just residences but spaces where happiness thrives. Join us in crafting a legacy of luxurious living in Paphos.

Total selling price for all eleven apartments: €2,689,000.

Minimum reservation amount: €20,000.

  • Minucipality: Paphos
  • District: Paphos
  • €2 689 000
  • + VAT
Title Transfer Fee
No
  • Agency
  • R.N.:1232 L.N.:27/E
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