This new upcoming project consists of 27 apartments, over three floors, with a large communal overflow swimming pool, landscaped gardens and an outdoor snack bar

Universal, Paphos, Cyprus

For Sale

€350,000

REF: 927899 €350,000


2

1


75 m2

Description

This new upcoming project consists of 27 apartments, over three floors, with a large communal overflow swimming pool, landscaped gardens and an outdoor snack bar. The complex is located in the sought after area of Universal in Paphos, the most popular area for short terms rentals in Cyprus and one of the most popular for permanent living in Pafos.

The large public green area opposite the plot offers unobstructed sea-view, enhancing the feel of tranquillity and creating a secluded environment for the residents. The project is located only a few minutes' drive from Paphos Town Centre and within walking distance from Iasis Private Hospital, Neapolis University and the sea.

With developments in Universal enjoying higher rental yields and capital appreciation in the last years, this is a great opportunity for both independent buyers and investors. Studio, 1-Bedroom and 2-Bedroom flats Contemporary Architectural Design Upgraded thermal aluminium series Tailor made kitchen design Wide range of imported ceramic tiles and marbles Branded sanitary ware Provisions for central heating and A/C Energy saving designed property Overflow swimming pool Snack bar Opposite a large public green area Universal Area- Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district.

Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars, nightlife and The Kings Avenue Mall. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program.

The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions. Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association. PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone.

We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property. From your first contact with Purple you ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue.

Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example: Independent advice and recommendations on legal services Liaising with property developers, throughout the construction period if the purchase is off plan Getting quotes for any additional works that you ve asked for from trusted suppliers Guidance with property rental opportunities Be there for any problems that may arise PURPLE will be there from start to finish!
This new upcoming project consists of 27 apartments, over three floors, with a large communal overflow swimming pool, landscaped gardens and an outdoor snack bar. The complex is located in the sought after area of Universal in Paphos, the most popular area for short terms rentals in Cyprus and one of the most popular for permanent living in Pafos.

The large public green area opposite the plot offers unobstructed sea-view, enhancing the feel of tranquillity and creating a secluded environment for the residents. The project is located only a few minutes' drive from Paphos Town Centre and within walking distance from Iasis Private Hospital, Neapolis University and the sea.

With developments in Universal enjoying higher rental yields and capital appreciation in the last years, this is a great opportunity for both independent buyers and investors. Studio, 1-Bedroom and 2-Bedroom flats Contemporary Architectural Design Upgraded thermal aluminium series Tailor made kitchen design Wide range of imported ceramic tiles and marbles Branded sanitary ware Provisions for central heating and A/C Energy saving designed property Overflow swimming pool Snack bar Opposite a large public green area Universal Area- Paphos is a beautiful coastal city in the southwest of Cyprus and the capital of this district.

Paphos is broken down into two parts Kato Paphos (lower) and Pano Paphos (upper). This is a vibrant city full of the hustle and bustle of local life with plenty of restaurants, tavernas, bars, nightlife and The Kings Avenue Mall. Paphos was selected as a European Capital of Culture for 2017 and has undergone an exciting regeneration program.

The Old Centre of Paphos is visually pleasing with many historic colonial buildings which house the areas government institutions. Purple Real Estates are fully registered and licensed with the Cyprus Real Estate Association. PURPLE is home to some of the finest properties in Cyprus. With offices in Famagusta, Larnaca, Paphos our ample portfolio is sure to contain something for everyone.

We have a wide range of property to meet any budget and can assist you whether you are looking for a permanent residence, holiday home or an investment property. From your first contact with Purple you ll be assigned to a specific sales consultant. One whom we feel is appropriate for your needs. Many members of PURPLE speak excellent English, Russian and Greek, so language will never be an issue.

Your Sales Consultant will always be on hand to help you and guide you through the buying process, answering any questions and provide you with anything you may request, for example: Independent advice and recommendations on legal services Liaising with property developers, throughout the construction period if the purchase is off plan Getting quotes for any additional works that you ve asked for from trusted suppliers Guidance with property rental opportunities Be there for any problems that may arise PURPLE will be there from start to finish!
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Property on Map

#13121

Currency Exchange

Universal, Paphos, Cyprus

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €350,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€350,000 £288,365 £300,808 £12,443
Property Price € €350,000
Minimum cost in the last six months £288,365
Maximum cost in the last six months £300,808
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,443

Universal, Paphos, Cyprus

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €350,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€350,000 £288,365 £300,808 £12,443
Property Price € €350,000
Minimum cost in the last six months £288,365
Maximum cost in the last six months £300,808
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,443

The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £12,443 more.

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