Paphos, Lachi, Cyprus
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
388 sq ft
36 sq m
Description
Enjoy a distinctive ownership opportunity in one of the most attractive coastal areas of Cyprus, with this fully furnished retreat positioned on elevated hillside land approximately 5 km from Latchi Beach and Marina.
Designed with a strong emphasis on natural light and outdoor living, the residence offers approximately 36 m² of interior accommodation together with a private terrace and individual plot. Expansive glazed openings frame the surrounding scenery, creating a bright and open atmosphere throughout the living space.
The interior features an open-plan living, kitchen and dining area, a fitted kitchen and a contemporary bathroom with walk-in shower. The residence is constructed using premium materials and high-quality insulation, providing comfort throughout the year.
The retreat is elevated on a pile foundation and can be oriented according to the natural setting. A dedicated parking space is provided, while residents and guests can enjoy the development's infinity pool and its elevated outlook.
The investment is supported by a professionally managed rental structure with a stated guaranteed return of 4.5% per annum, corresponding to €630 per month. The management agreement is for 10 years and may be extended for up to 20 years.
There are no management costs for the owner, while an experienced on-site team handles the operation of the accommodation.
Owners can also enjoy personal use of the retreat for up to 21 nights annually during the off-season.
Each property will be issued with an individual title deed.
Price: €168,000 + 19% VAT
Guaranteed return: 4.5% per annum
Monthly return: €630
Management agreement: 10 years, extendable up to 20 years
Owner use: Up to 21 nights per year during the off-season
Title deed: Individual title deed
Parking: Dedicated space
Pool: Infinity pool
Distance to Latchi Beach & Marina: Approximately 5 km
Only four retreats are available.
Paphos, Lachi, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Pafos(International)22.9 miles
- Ercan(Local)62.5 miles
- Larnaka(International)70.8 miles
Advice on buying Cypriot property
Learn everything you need to know to successfully find and buy a property in Cyprus.
Notes
This is a property advertisement provided and maintained by Fox Smart Estate, Limassol (reference 35050) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.