2 - Bed Houses for Sale in Paphos, Cyprus - £723,983
Paphos, Cyprus
Property ID: 26214690
Summary Data
| Price | £723,983 |
| Price Type | |
| Bedrooms | 2 - Bed |
| Bathrooms | 0 Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | Villa |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
Elea Estate, is on a hillside overlooking the Mediterranean Sea and its located ten minutes drive from the thriving seaside town of Paphos in south west Cyprus.
Paphos International Airport is less than ten minutes away by car. There are direct flights to/from many European cities.
The 18 hole, par 71, golf course designed by Sir Nick Faldo offers a great challenge to players of all standards.
The stunning Clubhouse offers a range of dining and hospitality.
On completion, there will be in the region of 300 properties. There is a building density ratio of approximately 20%, ensuring that all properties will benefit from open space, creating privacy within a managed community. Only designs prepared by the Elea architects will be permitted.
The luxury three, four and five bedroom residences include large gardens, 12 x 5m (approx) vanishing edge swimming pools and private parking.
The garden villas range between two and three bedrooms with large gardens, 5 x 3m vanishing edge swimming pools and private parking.
On agreeing terms, a reservation fee is payable based on €;10,000 for a luxury villa and €;5,000 for a garden villa (townhouse). On signing the Sales Contract, a deposit of 25% of the purchase price (minus the reservation fee) is payable. Then a further three instalments of 25% are payable, each linked to specific construction milestones.
All properties are sold inclusive of all white goods and light fittings. Separate furnishing packages and a wide variety of optional extras are available.
Each property will be subject to a monthly maintenance fee. This fee will cover ground and general maintenance, irrigation and waste collection.
Prices indicated are gross and include 15% VAT.
Similar three bedroom villas achieve rents of approximately €;1,500-€;3,000 per week during the peak season The rental season is basically all year round thanks to the climate which boasts over 340 days a year of sunshine.
NB: Tax and conveyancing legislation can differ from the English system and as such purchasers are recommended to seek professional advice.