3 bedroom flat for sale | Paphos | City Centre | Pool | Gym

Description

We are pleased to present a modern flat with a floor area of 88.30 m², situated in the heart of Pafos, right next to the charming part of the old town. It’s the perfect choice for those who appreciate a unique ambience and the chance to soak up the local atmosphere.

Location

Located in a modern building, the flat offers a unique atmosphere and access to the historic character of the neighbourhood, which is so highly prized by both locals and tourists.

The location offers every convenience – all the essential amenities, such as shops, restaurants, cafés and service outlets, are right on the doorstep. An added bonus is the proximity to the sea, which is just 2.5 km.

Layout

The flat consists of:

• living room with kitchenette,
• 2 bedrooms,
• 2 bathrooms,
• balcony (16 m²).

Facilities at the development

• garage,
• swimming pool,
• gym.

Price and terms of purchase

The price of the flat is €416,000 net. This is an offer straight from the developer, which means the price is exceptionally competitive compared with offers on the second-hand market.

Buying directly from the developer guarantees a transparent transaction and a modern standard of finish. We also have other-sized flats 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

Paphos Old Town is a charming place where narrow streets, cafés and local markets create a unique atmosphere. It is well worth visiting the Nea Pafos Archaeological Park and the historic Pafos Castle, picturesquely situated by the harbour.

It’s the perfect location for anyone who wants to enjoy the city’s authentic Mediterranean atmosphere on a daily basis.

Why choose Paphos?

Paphos is a city with a unique cultural heritage, listed as a UNESCO World Heritage Site, offering over 300 days of sunshine a year. It is a location with growing potential for both residential living and investment.

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.