St. Nicolas Residence: Cyprus - Paphos

Penthouse Studio Apartments, CyprusAn exclusive "off-plan" investment development of luxury properties, situated close to the ever popular resort of Paphos.

4 Outdoor Swimming Pools
1 Heated Indoor Pool
Gym / Sauna / Jacuzzi
Bar & Restaurant
Small On-site shop
Tennis Court
Children's Play Area
Jogging Track

Elegant Air-conditioned, Fully Furnished Studio Apartment
£76,538 (or £232.03 per month)

Penthouse Studio Apartment - Cyprus

15% Deposit £11,480 on Contract
10% Deposit £7,653 on Completion (July 2007)
Cash Balance or Monthly Mortgage Payments from July 2007

Cost Breakdown

Property Price £57,485 Property VAT (@15%) £8,623, Electric Pac k £2,335, Furnishings £8,095 = Total £76,538
Un-furnished - Property Price £57,485, Property VAT (@15%) £8,623 = Total £66,108 (or £200.41 per month)

Additional Costs:

Solicitor Fee’s £1000.00 (50% paid on contract, 50% on completion)
Real Estate Transfer Tax £1,719 (Paid on completion)