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This bright and modern 1-bedroom apartment is located in the sought-after Pegeia area of Paphos District, just a short distance from local amenities, schools, cafes, and supermarkets. It also offers easy access to the town center and the popular “Coral Bay” tourist area, making it perfect for both personal use and rental opportunities.
Built in 2008, the apartment is part of a well-maintained complex and offers contemporary living with an open-plan design. It is vacant and ready for immediate use, providing an excellent opportunity for investors or first-time buyers.
Features
Layout: Open-plan living room with kitchen, 1 bedroom, 1 bathroom with WC
Outdoor Space: Uncovered veranda for relaxing and entertaining
Size: Approx. 50 m² internal covered area + 16 m² veranda
Condition: Vacant and move-in ready
Transfer Method: Assignment of contract
Potential Use: Suitable for long-term or short-term rental, or private residence
Investment Potential
This property represents an ideal investment in Paphos. Its location near tourist areas and amenities ensures strong rental demand, whether for seasonal visitors or long-term tenants.
FAQ
Q: Is the apartment fully furnished?
A: The property is offered vacant, allowing you to furnish it to your taste.
Q: Can I purchase with title deeds immediately?
A: The purchase is via assignment of contract.
Q: Is it suitable for short-term rentals?
A: Yes, its location and layout make it ideal for short-term holiday rentals or Airbnb.
Q: Are there any service charges or maintenance fees?
A: Minimal communal charges apply for maintenance of shared areas in the complex
There is also another apartment on the same floor, available at the same purchase price. It is an excellent opportunity for investment or personal use, offering strong rental potential in a well-connected and convenient location near all essential amenities and the Coral Bay area.
***Please note: No title deed available for the property.
Way of transfer : Assignment of contract
TENDER SUBMISSION DEADLINE: TUESDAY 26 MAY, 10:00 a.m.
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.
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