- Property ID: YL11APTS-PLAN-A
Description
Project under study for the construction of eleven luxury apartments with communal pool and covered parking
- Location:
Located in the heart of the city center within proximity to amenities. Due to its proximity to the city centre of Paphos, the old post office, a choice of restaurants, amenities, the old town of Paphos, the cafeterias and traditional taverns and approximately 950 meters away from the new American University OF Beirut make these new project exquisite and very popular for persons and families looking to purchase an apartment in Paphos, whether a permanent or holiday home.
- Project information
- The project will consist of only eleven luxury and modern apartments with one bedroom, two and three bedrooms:
- The covered area of the first floor is 286 square meters.
- The covered area of the first floor is 310 square meters.
- The covered area of the first floor is 307 square meters.
- Six apartments with one bedroom – 65 m2 plus 13 m2 covered veranda area.
- Three apartments with 2 bedrooms – 85m2 covered areas plus 17 m2 covered veranda areas.
- Two apartments with three bedrooms of 105 m2 plus 20 m2 covered veranda areas.
- The net plot area of the development is 1100 m2.
- Building density: 80%
- Uniquely designed by one of Cyprus’s top architects, ensuring a modern and distinctive aesthetic.
- Luxury apartments with high-end specifications.
- Communal pool catering to the needs of the 9 exclusive apartments.
- Covered parking for residents.
- Plot size: 1100m²
- Total covered area: 900m² including staircases and corridors.
Second Floor (Approx. 310m²):
- 4 Two-bedroom apartments- The living area covers an area of 77 square meters excluding the covered verandas.
Third Floor (Approx. 307m²):
- 4 Penthouse apartments with 2 bedrooms The living area covers an area of 77 square meters excluding the covered verandas.
Construction Strategy:
- Consider commencing construction upon obtaining approvals for a visible project underway.
- Optimal apartment sizes and configurations suggested for market acceptance.
Prices (Excluding VAT):
- Two-bedroom (75m²): €193,275.
- Two-bedroom (77m²): €198,429.
- Four-bedroom (136m²): €350,472.
Inclusive in Prices:
- Land cost (excluding legal fees).
- Registered plots under a company, minimizing transfer fees.
- Plans and permits.
- Oversight by our civil engineer.
- Communal pool, covered parking, and covered verandas.
Profit Potential:
- Selling prices set competitively at €5000 euros per square meter.
- Investor’s profit is flexible, aligning with individual investment goals.
Provision for Green Energy Integration:
- Solar panels for sustainable energy solutions.
- Electric heating options for efficient warmth.
- Climate control systems for personalized comfort.
We envision a prosperous partnership with you, creating not just residences but spaces where happiness thrives. Join us in crafting a legacy of luxurious living in Paphos.
Total selling price for all eleven apartments: €2,320,000.
Minimum reservation amount: €20,000.
Terms of payment will be discussed before reservation payment.
Details
- Property ID: YL11APTS-PLAN-A
- Price: 2320000
- Vat: Non Vatable
- Offer Type: sold
- Property Type: investments
- Area/Location: Paphos,Cyprus
- Year built: 2024
- Plot area sqm: 1100
- Covered area sqm: 900
- Furnished: No
- Communal pool: Yes
- Parking: Covered
- Title deeds: Available
Features
- Close to amenities
- Close to Paphos Mall
- Close to town center
- Communal pool
- Customisable - New Build
- Easy to rent
- High rental income
- Internet
- Investment
- Pool views
- Safe & Friendly Area
- Sea views
- Walking distance to the ammenities
Similar Properties
- Property ID: YL11APTS-PLAN-B
