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Investment Elements Locus

Sale

246 750

EUR

Price per sqm

3979.84

EUR

Offer description

INVESTMENT

A residence built in the famous Park of Colours in the centre of Paphos. The 32,000 m2 park will include sports areas, a children’s playground and botanical garden, a café, a basketball court, a small football pitch, changing rooms, a climbing wall, a skate park and an outdoor exhibition space.
The park will be the largest in Paphos and one of the largest on the island.
The Elements development impresses with uninterrupted views of lower Paphos and the sea. It is the best place to experience city life, just a short walk away from the old town and its narrow streets full of shops, cafes, bars and restaurants. Easy access to Paphos’ shopping district, nightlife, the famous Hammam baths, the Paphos shopping centre and the city bus route is another plus point of this development. ELEMENTS Residence is the perfect place from which to enjoy and discover the best of Paphos. Ideal as a home base or investment with excellent rental opportunities.
The projects consist of 4 buildings of 7 floors each, 1, 2 and 3 bedroom flat options available. Each flat has a spacious bedroom, living room and open plan kitchen, as well as mesmerising panoramic views of the sea and cityscape.

LOCATION

Paphos City Centre is separated from the lower city and the main tourist area, this historic old quarter offers a more relaxed atmosphere and also several cultural attractions. Despite being only 2 miles (3 kilometres) from the main coastal tourist area, Paphos City Centre, or Ktima as it is called locally, feels like it is from another world. A stroll through this charming and tranquil part of town gives you the opportunity to see elegant colonial-era buildings as well as the modern city centre.
Ktima is the perfect antidote for those looking to escape the busier, livelier and tourist-laden district of Kato Paphos or Lower Paphos.
Due to its many narrow streets and relatively small size, the centre of Paphos is best explored on foot.

WHY CYPRUS?

Cyprus is one of the safest countries in Europe. Life in Cyprus is extremely peaceful, thanks to the low crime rate and the friendly attitude of the locals. The quality of life here is really high. There are many tax advantages to investing in property in Cyprus and the whole tax system on the island is extremely attractive to investors. The island offers low tax rates for residents and no capital gains tax. Investing in a property on the local market is an accomplished capital investment.

If you are looking for other offers in similar criteria, please do not hesitate to contact us!
As a real estate agency, we charge a fee in the form of a commission.

Location

Paphos City Center

Property

Flat

Total area

62.00 m2

Floor

2

Number of rooms

1

Bathrooms

1

Offer number

583320

No assigned person.

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