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Studio Apartment
Peyia, Paphos

€55,000  ($62,522)

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 $2,188

Average Bank Rate (€55,000)
1 USD = 0.8499 EUR
$64,710

Mid-market rate (€55,000)
1 USD = 0.8797 EUR
$62,522

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: 8597797 (33709)
  • Bathrooms: 1
  • Total covered area: 32 sqm
  • Verandas: 32 sqm
  • Resale built in 2009

Description

Studio apartment located in Pegeia Municipality, Paphos District, approximately 400 meters northwest of the municipality centre and 600 meters northwest of Pegeia Primary School.

The property is ideally positioned close to all essential amenities and services within the area, while also offering good accessibility to the municipality centre and nearby communities. It enjoys unobstructed views towards the seafront, Pegeia, and the Coral Bay area.

The apartment is situated on the second floor and comprises an open-plan kitchen, living, and dining area, along with a bathroom with WC. It also features a spacious uncovered veranda of approximately 32 sq.m., equal in size to the internal area, enhancing outdoor living.

The internal covered area of the apartment is approximately 32 sq.m. The property also benefits from the right to use communal swimming pools and other shared facilities within the complex.

The apartment is currently vacant and presents an attractive option for both private use and investment, offering potential for rental income with a good return.

Way of Transfer: Assignment of contract

FAQ

1. Where is the apartment located?
In Pegeia Municipality, Paphos District, close to the town centre and local amenities.

2. What is the size of the apartment?
The internal covered area is approximately 32 sq.m.

3. Does the property have outdoor space?
Yes, it includes an uncovered veranda of approximately 32 sq.m.

4. What views does the apartment offer?
It enjoys unobstructed views of the seafront, Pegeia, and the Coral Bay area.

5. Are there any shared facilities?
Yes, the apartment has access to communal swimming pools and other shared amenities.

6. Is the apartment suitable for investment?
Yes, it is suitable for both private use and rental, with good return potential.

7. What is the transfer method?
Assignment of contract. No title deeds are available.

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
€825 ($938)
If buying on joint names
€825 ($938)

Disclaimer - Property reference 8597797. 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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