2 bedroom apartment 106 m² Paphos Municipality, Cyprus

2 Bedroom 105.89 m2 in Paphos | VENARA | near the sea | €690 000

Spacious apartment of 105.89 m2 in the chamber residential project VENARA in the tourist area of Paphos. The apartment is located on the 3rd floor out of 4, the living area is 81.38 m2.

The project consists of only 27 apartments with one and two bedrooms and is made in modern minimalist architecture. A small number of residences creates a more private format of living compared to large resort complexes.

Characteristics of apartment

• total area - 105.89 m2;
• residential - 81.38 m2;
• 3 floor out of 4;
• balcony;
• 2 combined bathrooms;
• clean finish;
• VRV air conditioning system;
• warm floors throughout the area;
• Smart Home;
• panoramic glazing with two-chamber windows;
• Custom kitchen with built-in appliances.

Pages 14-20 show the interior concept: calm modern minimalism, light natural shades, built-in kitchen and laconic bedrooms and bathrooms.

Infrastructure

For a project of only 27 apartments, the infrastructure is really strong:

• outdoor pool;
• children's pool and playground;
• heated pool in the SPA-zone;
• sauna
• cold font;
• equipped fitness room and open training areas;
• BBQ and fire-pit zones;
• video surveillance;
• A landscaped green area.

On pages 8-12, you can see that public spaces are made more in the format of a small private club: a swimming pool, sun loungers, a green courtyard and separate lounge zones.

Location.

The strength is the ability to combine the sea with ordinary urban life.

The presentation shows a beach within walking distance, a private British school and supermarket nearby, direct access to restaurants and city infrastructure, proximity to the Tombs of the Kings, as well as convenient communication with Paphos airport.

On page 7, this is especially clear from the air: the house is located inside the already formed urban development, and the sea is very close.

Investment component

The materials of the project state an increase in the average price per square meter in prestigious locations of Paphos by about 16% per year, and also mention the possibility of a residence permit with investments from €300,000. I would sell these indicators as these presentations, and not as a guaranteed increase in value or automatic right to a residence permit - the compliance of a particular transaction with the terms of the program must be checked separately.

The cost of a particular lot is €690,000.

I accompany the transaction in full: comparison of objects, verification of documents and terms of purchase, communication with the developer and organization of the transaction.