Property in Cyprus for sale – apartments in Paphos
Luxury penthouses and apartments for sale in Pahpos
These luxury penthouses and apartments for sale in Paphos, Cyprus offers a unique beachfront living in the heart of the cosmopolitan Paphos Harbour area.
The exclusive Cyprus development consists of only 14 individually designed and residences, each customised to suit your preferences. The apartments and penthouses will come with 2-4 ensuite bedrooms and very large living areas. Each luxury residence will enjoy a spacious balcony offering stunning views of the sea and harbour area.
There is a choice from top quality marble, granite or solid wood parquet flooring. The deluxe, custom-designed kitchens come with a choice of veneer or lacquer finishes alongside a selection of marble, Corian or granite for worktops and fully-integrated branded kitchen appliances. The stylish residences will also offer high-quality fittings including the latest smart home technology, satellite TV and even a private wine cellar. Each apartment will have a covered private parking space.
The Cyprus property enjoys a privileged setting with the Mediterranan Sea, Paphos Promenade, Paphos Harbour and Paphos Castle on your doorstep as well as archaeological sites just a stroll away.
Property owners have access to an impressive range of amenities and services such as gym, large outdoor infinity pool, relaxation & wellness spa facilities, 24-hour concierge and reception services, property management and rental services. A safe, gated environment with beautifully landscaped gardens create a perfectly peaceful haven.
Steeped in history, Paphos (Paphos), situated on the south west coast of the island was in ancient times the capital of Cyprus. Paphos, with its pleasant harbour and medieval fort, combines a cosmopolitan holiday resort, spectacular countryside and historical sites. The region offers the possibility of enjoying both sea and mountains, as well as getting a taste of the island’s culture with its many archaeological sites. Bursting with ancient sites, Paphos is of such outstanding historical value that UNESCO added it to their World Cultural Heritage list.
The strategic position of Cyprus, connecting Europe, Middle East and Asia naturally make the island a hub for business and trade. Cyprus has in the last decades, established itself as a reputable and trust-worthy financial centre complemented by an advanced legal, accounting and banking system, highly skilled and multilingual workforce, excellent telecommunication systems and convenient year round flight connections. Favourable taxation includes 10% corporation tax, and low personal income tax.
Payment schedule is as follows:
Reservation/holding fee of €10,000
- 30% - contact signing deposit
- 30% - upon completion of the walls and plastering of the property
- 30% - upon completion of the flooring and tiling of the property
- 10% - upon completion and delivery of the property
- The developer will provide a bank guarantee to investors.
Work is scheduled to begin spring 2011 and completion is estimated for spring 2013.
The property has been designed with flair and elegance to create a practical and luxurious living environment with unique features that will cater for your every desire.
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