Description
In the village of Chloraka, which forms part of the Pafos district, a property has come up for sale a spacious villa with an internal floor area of 131.6 m². This is an offer aimed at those seeking high standards, privacy and a location right by the sea.
Chloraka – a place that combines peace and quiet with comfort
This part of the Pafos district is known for intimate in nature and excellent transport links to the rest of the city. The sea is just 600 metres from the property, whilst Pafos town centre is just a short drive away – about 3.5 km.
There are gyms, shops, restaurants, bakeries, schools and chemists in the immediate vicinity, meaning that daily errands do not require long journeys. This combination of proximity to the beach and a comprehensive range of amenities has meant that Chloraka has enjoyed growing popularity for years, both amongst families and those looking for a second home on these sunny islands.
An interior designed on a grand scale
Layout:
The villa consists of:
- living room with kitchenette,
- 3 bedrooms,
- 2 bathrooms,
- toilets,
- laundry,
- 3 balconies,
- covered terrace (24.9 m²).
The presence of a separate laundry room and as many as three balconies raises the building’s standard of living above the average on the market. The separation of the day and night areas allows the household to enjoy comfort regardless of the time of day or the number of guests visiting the villa.
A private relaxation area
The outdoor area of the property has been designed to allow for relaxation in complete privacy, away from the gaze of neighbours.
- Private swimming pool available exclusively to members of the household
- A garage with two parking spaces
- A garden measuring 43.45 m² surrounding the building
The total area of the entire property, including the building and the surrounding land, amounts to 311 m².
A competitive price for a property of this standard
The villa has been valued at €839,800 net, which reflects both the floor area and the high standard of finish and amenities. As with our other properties, buyers here also benefit from the price directly from the developer, on the primary market – with no additional broker’s commission.
The developer also offers other floor areas within the same development, allowing buyers to tailor their choice to their individual needs. This flexibility is particularly important for buyers planning to purchase a property for future rental, where the number of bedrooms has a direct impact on profitability.
Why is this a good investment?
Holiday properties in Cyprus generate an average gross rate of return in the range of 4.5–6% per year. With short-term lettings, which are particularly attractive in the immediate vicinity of the beach, this figure can reach as much as 10%, and on top of that there is the prospect of the property’s value increasing in the coming years.
Leisure time in tune with the Pafos coastline
The proximity to the sea is ideal for morning swims and evening strolls, and the area is full of tavernas serving local Mediterranean cuisine.
It’s also an excellent location for holiday rentals, as the Paphos region has been attracting tourists seeking sunshine and tranquillity for years. The proximity to cycle routes and diving spots means that an active holiday can be combined here with lazy afternoons by the pool.
Paphos – a city steeped in history just round the corner
It’s well worth taking the time to explore the historic Pafos Castle and wild The Akamas Peninsula, where nature has remained almost untouched. Those who love unusual views will also appreciate the wreck of the Edro III situated on the shore near Pegeia, a popular spot for photographers.
In the evenings, it’s well worth a visit to Pafos harbour, where colourful fishing boats and numerous tavernas create an atmosphere typical of Mediterranean towns.
Discover also other villas in our portfolio and other properties available in the Pafos region.
