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Residential Building in Pafos, Paphos


Pafos, Paphos

REF: B-118086
€2,500,000
ENQUIRE NOW
Available
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus
Property for Sale in Paphos, Pafos, Cyprus

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Plot/land (sq.m.)
1024m2

Property Details

Property Details
  • For Sale
  • Property Type: Building
  • Property Subtype: Residential
  • Property Label: Investment Property and Development Property
  • Location: Paphos, Pafos, Cyprus
  • Price: €2,500,000
  • VAT: N/A
  • Loan Installment: €12,254

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Assumptions:
Closing Price: €2,500,000
Own Contribution (30%): €750,000
Loan Amount (70%): €1,750,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Pool: Yes
  • Status: New
  • Total No of Floors: 4
  • Plot/Land Size: 1024sqm
  • Units: 14
  • Reference: B-118086
  • Energy Efficiency Certificate: In Progress

Property Description

This building consists of 4 floors with 12 apartments and 2 penthouses in total.
12 x Apartments, each99 m2 with, 2 x bedrooms, 1 x bathroom, 2 x covered veranda, 1
x 1m structure for flowers, living room & open kitchen.

2 x Penthouses 185 m2 each with, 3 bedrooms, 2 bathrooms, 1 verandas 4x4, 1 big
terrace 65sqm, living room, dining area and open kitchen.

iii- Price for the whole building 2.5M (No VAT). Currently the annual rental return per year is
96,000 euro.

iv- Private covered/uncovered parking, 3 x storage rooms in ground floor, underground
basement of 700 m2 currently rented out as storage area, elevator, basement, communal
pool with sola power pump (no electricity required), changing rooms, showers and toilets,
communal BBQ with outdoor kitchen. Total plot size is 1024 m2.

v- Clear Title Deed is available.

vi- This property qualifies for the Permanent Residency Scheme (PR).
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Paphos Office

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Additional Details

Parking-Covered
Title deed or under separation
Yes
Use of building
Residential
No of parking spaces
14
Air Conditioning

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