A great investment for present use or for a renovation development project for long/short term rentals, sales of individual units, or even as a timeshare vacation complexThe complex was built in 1987 and was managed by Travel Agency for short term tourist rentals, until its business plan had changed it to long term rentals only.Comprising of 16 units, 1,2 & 3 beds, all ranging from 55-104sqm. They all include lounge/dinning area, kitchen, bathrooms and own balconies or large veranda with garden. There is an ample courtyard with a communal swimming pool and a sheltered parking for up to 8 vehicles. It is located in the heart of Kato Paphos, one of the most idealic and highly in demand real estate locations of Paphos's tourist area, with only a 2 min walk from the beach, restaurants, hotels, shops and a 10 min walk to the Paphos castle harbor.
|Transfer Fee (single payment)|| One owner: 48582.8€ (3.74%)
Two owners: 45165.6€ (3.47%)
|Stamp duty (single payment)||2533€ (0.19%)|
|Immovable property tax (anual payment)||970€ (0.07%)|
|Municipal tax (annual payment)||250€/Year (0.02%)|
|Legal fee (single payment)||from 10400€ (0.8%) to 13000€ (1%)|
In this section You will find insider’s guide to Cyprus, its cities and resorts, as well as the catalog of attractions: descriptions, maps, photos and working hours.
Everything You wanted to know about the best hotels, beaches, restaurants, water parks, shopping, entertainment, medicine and education on the island.
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