About this property

Residential Building for Sale – Prime Location

9 well-maintained residential units, consists of 1-bedroom apartments.

Plot Area:550 m2
Covered Area:440 m2
Parking Spaces:9
Floors:2

Completion Year:2009

Last renovation 2019

120% building density, coverage ratio 90%

It has possibility to make 1 more floor.

Separated titles for each apartment

The title deeds are in one company name, so any owner will save the transfer fees of 4% on the transaction

Details

Worked out from this listing and the others on the site today.

14% over the middle asking price per m²

Against 13 buildings for sale in Paphos listed here today. Their middle asking price per m² is €3,003; this one is €3,409. Asking prices, not prices paid: condition, view and finish are not counted.
Prices in Paphos
About €5,140 a month with a mortgage

On a loan of €1,050,000 (a 30% deposit of €450,000), repaid over 25 years at 3.3%. An illustration: your bank sets the rate and what it will lend.
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About €56,600 in transfer fees

If it is a resale bought in one name; two buyers, half each, pay about €53,200. A new property sold with VAT pays VAT instead of transfer fees. There is no stamp duty since 2026. An estimate from the official scale.
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