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Studio Apartment
Chlorakas, Paphos

€180,000  ($205,771)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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Compared currency flag Pay in USD and save up to $7,202

Average Bank Rate (€180,000)
1 USD = 0.8452 EUR
$212,973

Mid-market rate (€180,000)
1 USD = 0.8748 EUR
$205,771

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8381874 (33243)
  • Bathrooms: 1
  • Total covered area: 60 sqm

Description

A modern studio apartment available for sale in a newly developed gated complex in Chloraka, designed for comfortable living and strong investment potential. The property comes fully furnished and equipped, ready for use upon delivery.

The residence is part of a well-organized community that offers a variety of lifestyle facilities for residents, including a swimming pool, gym, sauna, relaxation areas, tennis court, children’s playground, nursery, co-working space, hair salon, pharmacy, and electric vehicle charging points.

The location combines convenience and privacy, situated close to the sea and only a few minutes from Paphos town, while the airport can be reached within a short drive. This makes the property suitable for permanent living, holiday use, or rental investment.

An important advantage of this purchase is that VAT does not apply, which increases the overall investment appeal.

Estimated completion: 2026.

Key Features

Fully furnished studio

Balcony

Sea view

Communal swimming pool

Elevator

Double glazing

Air conditioning

Solar water heating system

Communal parking

Open-plan layout

Quiet residential area

Title deeds

Close to town and beach

❓ Frequently Asked Questions

1. What is the size of the studio apartment?
The exact internal covered area, balcony size, and total square meters can be confirmed upon request, as units may vary within the development.

2. Is the property fully furnished?
Yes, the studio will be delivered fully furnished and equipped, making it ready for immediate use or rental.

3. Does the property offer sea views?
Yes, the apartment includes a balcony with sea views, enhancing both lifestyle and rental appeal.

4. Are there communal facilities available?
Residents have access to a wide range of facilities, including:

Swimming pool

Gym & sauna

Tennis court

Children’s playground & nursery

Co-working space

Relaxation areas

Hair salon & pharmacy

EV charging stations

5. Is there parking available?
Yes, communal parking is provided within the gated complex.

6. Is the building equipped with an elevator?
Yes, the building includes elevator access for convenience.

7. Does the property have air conditioning and heating?
Yes, the studio is equipped with air conditioning, and it also includes a solar water heating system.

8. What is the expected completion date?
The estimated completion is in 2026.

9. Is VAT applicable on this property?
No, VAT does not apply, which is a significant financial advantage for buyers.

10. Is the property suitable for investment?
Absolutely. Its location near the sea and Paphos town, combined with full facilities and no VAT, makes it ideal for:

Short-term rentals (holiday lets)

Long-term rentals

Personal holiday use

11. How far is the property from key locations?

A few minutes to Paphos town

Close to the beach

Short drive to Paphos International Airport

12. Is the complex gated and secure?
Yes, it is a gated development offering privacy and security for residents.

13. Will the property have title deeds?
Yes, title deeds will be available, ensuring a secure purchase.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€3,800 ($4,344)
If buying on joint names
€2,800 ($3,201)

Disclaimer - Property reference 8381874. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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