A lovely 2 bedroom apartment for sale at the prestige Universal area in Paphos.
The apartment is on the second floor and has access through stairs.
The location is ideal as the property is near all services such as schools shops bus stop etc.
Short driving distance to the beach - 5 minutes - walking distance - 20 minutes.
2 bathrooms - showers- ensuite.
Universal area is one of the most wanted areas and of interest as is located near the coastline of Paphos.
New area with new facilities i.e gym - pharmacy -spa & boutique hotels, mini market, high class modern places with live music etc.
Ideal for investment or as a holiday home:
minimum short rental income in a year based on only 6 months is apprx €18.000 p.a
long term rental apprx income €8.000 p.a
Price can be negotiable according to payment plan.
Call for viewing.
* For Sale
* Property Type: Apartment
* Property Subtype: Top floor
* Property Label: Investment Property and Development Property
* Location: Paphos, Pafos, Cyprus
* Internal Area: 71sqm
* Covered Verandas: 10sqm
* Uncovered Verandas: 6sqm
* Bedrooms: 2
* Bathrooms: 2
* Price: €120,000
* VAT: N/A
* Date Available From: 14th October 2021
* Loan Installment: €333
If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.
Loan Installment Calculations:
Closing Price: €120,000
Own Contribution (25%): €30,000
Loan Amount (75%): €90,000
Interest rate: 2%
Years of repayment: 30 years