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9 bed commercial property for sale in Kato Pafos, Pafos, Cyprus, 583 m²

9 bed commercial property for sale in Kato Pafos, Pafos, Cyprus, 583 m² - photo 1
9 bed commercial property for sale in Kato Pafos, Pafos, Cyprus, 583 m² - photo 2
9 bed commercial property for sale in Kato Pafos, Pafos, Cyprus, 583 m² - photo 3
9 bed commercial property for sale in Kato Pafos, Pafos, Cyprus, 583 m² - photo 4
9 bed commercial property for sale in Kato Pafos, Pafos, Cyprus, 583 m² - photo 5
9 bed commercial property for sale in Kato Pafos, Pafos, Cyprus, 583 m² - photo 6
9 bed commercial property for sale in Kato Pafos, Pafos, Cyprus, 583 m² - photo 7
Price€3,990,000
TypeCommercial property
Covered area583 m²
Land area644 m²
Beds9
Bath9
Rooms10
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Building in Paphos

This luxury Building is a vision of elegant living in the bustling tourist area of Paphos. Located on Poseidonos Ave opposite the town’s most attractive seafront resort hotels and only 150 m from the nearest sandy beach, this 4-storey building is only steps away from the sun, fun and holiday activity of the resort.The stunning low-rise design is allocated to only three exclusive 3-bedroom apartments: one on the first floor(127,1 sq.meters covered area and 29,1 sq. meters covered veranda), one on the second floor(127,1 sq.meters covered area and 29,1 sq. meters covered veranda), and a lavish duplex penthouse(165,25 sq. meters covered area and 43,85 sq. meters covered veranda) combining the third and fourth floor, which opens onto the roof terrace with private pool.This Building enhances each luxury apartment with a number of practical features such as an en suite bathroom for each bedroom, private parking for each apartment, reserved private elevator for each residence, and the wonders of beautiful sea views with magical sunsets.

Extra Сosts when Buying Property

TRANSFER TAX*
up to €85 000 3%
€85 000 - €170 000 5%
over €170 000 8%
*If VAT has been paid no transfer tax
*If no VAT has been paid 50% of the transfer tax rate
STAMP DUTY
If the value of the property is less than € 171,000 0,15%
If the value of the property exceeds € 171,000 0,2%
VAT
standard rate 19%
reduced rate 0-5%

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Ongoing Ownership Costs

Municipality Tax, annually 0.02%
Communal Services fees, multi-residential complexes, monthly €40-50
Communal Services fees, private house, monthly €60-200
Sewerage Tax, annually €60-75
Electricity costs, monthly about €50
Water rates, monthly about €50
Telecommunication rates €50-60

Additional Services Costs

Legal support (one time payment) 0.8%-1%

Return on Investment

Property Price
Rental Cost
0%
  • Cyprus, PafosCyprus, Pafos
    Rental property €4,521,050
    • Covered area: 1645 m²
  • Cyprus, PafosCyprus, Pafos
    Commercial property €4,500,000
    • Covered area: 1200 m²
  • Cyprus, PafosCyprus, Pafos
    Commercial property €4,000,000
    • Covered area: 2000 m²
  • Cyprus, PafosCyprus, Pafos
    Commercial property €3,500,000
    • Covered area: 1518 m²
Company Representatives
in Cyprus
Limassol, Paphos, Larnaka
+3572-503-00-31
in UK
London
+44-20-3936-4067
in Russia
Moscow
+7 (495) 240-81-87
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