Description
We are delighted to present to you a flat with a floor area of 50 m², situated right in the centre of Paphos. This is an ideal option for those looking for a property ready to move into, in the heart of city life.
Location
The flat is situated in the vicinity of numerous shops, restaurants and key amenities, such as the stadium, schools and the hospital.
The excellent location ensures convenience in everyday life, whilst also providing quick access to the most important places – the sea is just 3 km, whilst the airport is about 13 km away.
Layout
The flat consists of:
- living room with kitchenette,
- bedrooms,
- bathrooms,
- balcony (6.4 m²).
Facilities at the development
- shared swimming pool,
- parking space,
- tenants’ storage room,
- fully furnished.
Price and terms of purchase
The price of the flat is €226,800 net. This is an offer straight from the developer, making the price exceptionally attractive compared with second-hand market offers.
Buying directly from the developer means the property is ready to move into or let straight away, with no need for further investment in finishing works. We also have other floor areas and layouts available in this development.
Investment potential
The average gross rate of return on flats and apartments in Cyprus is estimated at 4.5–6%, whilst for short-term rentals it can be as high as 10%. An additional advantage is the potential increase in the property’s capital value.
The Mediterranean lifestyle
The centre of Paphos is where bustling streets meet the city’s historic atmosphere. It’s well worth visiting the Nea Paphos Archaeological Park and the historic Paphos Castle, and taking an evening stroll along the seafront promenade.
It’s the perfect location for anyone who wants everything within easy reach – from shopping to relaxing on the beach.
Why choose Paphos?
Paphos is a UNESCO World Heritage Site, offering over 300 days of sunshine a year and spectacular beaches. It is a destination attracting increasing interest from tourists and investors.
We invite you to take a look at the others the flats available in our portfolio and a full list of property in the Pafos region.
