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Investment La Reina

Sale

183 750

EUR

Price per sqm

2784.09

EUR

Offer description

INVESTMENT
La Reina consists of just 9 flats, on three identical floors. There are two 1-bedroom flats and one 2-bedroom flat on each floor, each with an allocated parking space on the ground floor.
The project is located in one of the most popular neighbourhoods for residents to live in, between the popular Universal district of Paphos and the village of Jeroskipou.
The plot’s proximity to all amenities, the Lasis hospital and the tourist district, as well as the view of the picturesque Paphos coastline, create an ideal environment for residents of the ‘La Reina’ development.
At the same time, the popularity of the Universal area in the short-term rental segment creates opportunities for higher rental yields compared to other areas in Paphos.
With the development of coastal estates on the Paphos Riviera enjoying higher rental yields and capital appreciation in recent years, ‘La Reina’ is an excellent opportunity for both independent buyers and investors.

LOCATION
Separated from the lower part of the city and the main tourist district, this historic old town offers a quieter atmosphere as well as numerous cultural attractions.
Although it is only 2 miles (3 kilometres) from the main coastal tourist area, Paphos City Centre, or Ktima as it is known locally, feels like it is from another world.
Ktima is the perfect antidote for those looking to escape the busier, livelier and tourist-laden district of Kato Paphos or Lower Paphos.
While here, take a closer look at the goods on offer at the city market. ‘The Agora’, as the locals call it, is where Paphos residents go to do their grocery shopping.
Due to its many narrow streets and relatively small size, Paphos City Centre 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

66.00 m2

Floor

1

Number of rooms

1

Bathrooms

1

Offer number

541441

No assigned person.

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