New investment apartments in Universal, Paphos — from €180,000 + VATNew homes in Paphos, about 1 km from the sea — from €180,000 + VAT

Visualization, for illustration only

  • ~1 kmto the sea, straight line
  • 25apartments in two buildings
  • Aenergy rating
  • 17units available, per the 17.09.2026 price list
Moving to Cyprus

Location

What's around

  1. Paphos city centre~2.3 km
All distances

Distances from the project

  • The Farm supermarket0.5 km≈ 4 min drive
  • Lichnari restaurant0.7 km≈ 7 min drive
  • Restaurant0.7 km≈ 6 min drive
  • Neapolis University0.8 km≈ 7 min drive
  • Maharaja Indian Restaurant0.9 km≈ 6 min drive
  • Y & A Hadjioannou Distributor supermarket0.9 km≈ 7 min drive
  • Iasis Hospital1.0 km≈ 4 min drive
  • The sea1.1 km≈ 7 min drive
  • Kings Avenue Mall2.0 km≈ 8 min drive
  • Russian School of Paphos2.5 km≈ 7 min drive
  • Kykkos Lyceum of Paphos2.9 km≈ 8 min drive
  • The International School of Paphos5.2 km≈ 10 min drive
  • Paphos airport6.7 km≈ 20 min drive

The building

A new build, specs known upfront

Two buildings and 25 apartments in the Universal district of Paphos. Handover is planned for Q4 2028, and what you get is already known today:

  1. 01Eurocode standardA frame designed for earthquake resistance
  2. 02Double glazingInsulation from heat and noise
  3. 03Energy rating ALow electricity consumption
  4. 04Included in the priceSplit air conditioners, intercom and a security system
Visualization, for illustration only 01 / 05

With Ensofia, the purchase is just the beginning. We guide you through choosing and buying, help you check financing options, and, if you wish, manage and rent out the apartment after handover.

Choose an apartment

Find your apartment on the building

Tap a veranda to see the apartment type, floor, area and price. You can filter by type and floor.

Available by type

per the 17.09.2026 price list

Apartments

Which apartment suits you

For each type: a scaled floor plan, areas and price. Tap the plan to enlarge it.

02Visualization, for illustration only
Interior
35 m²
Veranda
8 m²
Total
43 m²
Price
from €180,000 + VAT

Planned handover: Q4 2028

Need financing? We'll help you explore local financing in Cyprus, up to 50% of the property value, subject to the bank's terms and approval.

3 of 3 available with this layout
Check availability and terms

Planned handover: Q4 2028

Need financing? We'll help you explore local financing in Cyprus, up to 50% of the property value, subject to the bank's terms and approval.

The view

How the buildings fit in

A 360° drone shot above the neighborhood, with a visualization of the buildings on the plot. Drag the image to look around in every direction.

Your path

What brings you to Paphos?

Choose a path, and the rest of the page will show what matters to you.

The page is tailored to your choice · Change path

The numbers

What the numbers say

Three official figures on the Paphos housing market. Tap a figure to see its chart.

Past market data does not guarantee a future rise in the price of a specific apartment, nor a quick sale or a sale at any particular price.

Median price per m², in euros

The median of all deals in the district, including resale homes. New apartments like these sell above the median.

Yield

Not just numbers on paper. Actual results from properties we manage.

A comparison, not a promise

A forecast says what might happen. Here are apartments we already manage and rent out in Paphos — check them yourself on the booking sites.

Apartments we already manage and rent out

Modern apartments near Kings Avenue Mall, in a complex with a pool, sauna, gym and jacuzzi — like this project. Already rented via Airbnb and Booking.

Guest ratings:9.4–9.7out of 10 on Booking4.71out of 5 on Airbnb

These apartments are not part of this project — they show units Ensofia manages. Ratings as of 8 Oct 2026, from the booking sites.

An example from a property we manage

Revenue and yield: a 12-apartment building for short-term rental

Period: October 2025 – October 2026

Annual gross yield on the original purchase price

16.5%

Yield is calculated on the December 2021 purchase price and does not necessarily represent the yield a buyer can expect at today's market prices.

Average annual revenue per apartment
€46,500
Estimated total expenses (45%)
−€20,925
Annual operating income after expenses
€25,575
Annual revenue, whole building
€558,000
Annual occupancy, first year
73%

Two-bedroom apartment in a residential building with a pool. The building was bought in full in December 2021. Expenses include platform fees, management fees and ongoing operating costs. Past data, outside this project: not a forecast for a unit here, nor a commitment on returns. Before income tax. Summarised, with no identifying details. Source: Ensofia data The property on Booking.com

What you could earn from renting

Choose an apartment type to see how the developer calculates the yield and how its assumptions compare with the Paphos market.

6.5%

Expected annual yield in the first year

Profit before tax: ~€12,314 a year

On a call we'll walk you through the full data, month by month, and what our management includes.

Go through the full data with us
Price per nightMarket average €92–113 · conservative assumption
€90
Occupancy in year one~230 nights a yearMarket 66–78% · conservative assumption
63%
Annual revenue
€20,696
Management, booking fees and running costs
−€8,382
Profit before tax
€12,314
Price before VAT + furniturebased on the cheapest unit of this type
€180,000 + €10,000

€12,314 ÷ €190,000 = 6.5%

The developer's forecast is not a commitment or a guarantee of return. Actual results depend on occupancy, seasonality and how the property is managed. Forecast: the developer's rental tables. Market: AirDNA and Airbtics, all property types in Paphos.

VAT & residency

How much you save when you move here

Under Cyprus law, subject to a lawyer's review

Choose an apartment type to see the VAT saving and whether it meets the residency threshold.

€25,200

VAT saving if this is your permanent home

The VAT rate and eligibility depend on your personal situation and need to be checked with a Cyprus lawyer before signing. Residency approval depends on Cyprus's immigration department and the applicant's personal situation — not on us or the apartment. Conditions need to be checked with a licensed Cyprus lawyer.

VAT on the apartment

Price before VATbased on the cheapest unit of this type
€180,000
Standard VAT, 19%
€34,200
Reduced VAT for a permanent home5% on the full price
€9,000
The saving
€25,200
  • The apartment is your permanent home in Cyprus, regardless of citizenship
  • You live there for at least 10 years, otherwise the VAT difference may be charged
  • Does not apply to an investment apartment

Residency by investment, Regulation 6(2)

Threshold: €300,000 before VAT, in a new property

€300,000€180,000

Below the threshold: this apartment alone is not enough

  • A steady income from abroad is required for the applicant and family members
  • The status does not give the right to work in Cyprus
  • It is not Schengen residency: Cyprus is not yet in Schengen

Practical guide

What to know before you move

Flights, community and nearby services, from data we checked.

  • Flight from Tel Aviv

    About an hour, direct

    About 24 direct flights a week to Paphos on four airlines. Even more to Larnaca.

    As of 05/2026. The schedule is seasonal, and there is no regular passenger ferry.

  • Paphos airport

    ≈ 20 min drive

    6.7 km in a straight line

  • Chabad of Paphos

    A synagogue, a kosher restaurant and a kosher store

    5 Othelou St, Kato Paphos

  • Iasis private hospital

    ≈ 4 min drive

    1 km in a straight line

  • International school

    ≈ 10 min drive

    5.2 km in a straight line

  • The sea

    ≈ 7 min drive

    1.1 km in a straight line

Drive times from OpenStreetMap, without traffic. Distances in a straight line.

Life here

A day in the new home

Morning by the pool, evening on the veranda.

01 / 05

Visualization, for illustration only

About us

Ensofia — far more than buying property in Cyprus

We're a local real estate company in Paphos, working with a range of developers and projects and guiding buyers and investors through the purchase.

And we don't disappear after the sale. We started in property management, and we still manage and rent out apartments and serve owners in Cyprus — so even after you get the keys, you have one local address.

  • A team that speaks Hebrew, English, Russian and German
  • One point of contact all the way
  • We never hold client funds
Ensofia Estates

Our license number is 000/000 and can be checked with the registrar.
Our address: 1 Example Street, Paphos.

How it works

  1. 01

    A short call

    About your goal, timeline and where you are in the process.

  2. 02

    A clear plan

    Financing, payments, legal steps and what's needed if you're relocating.

  3. 03

    The right professionals

    Local lawyers, accountants and banks we've worked with for years.

  4. 04

    Support until handover

    Clear updates and follow-up on every step, until the keys are yours.

Legal and financial advice is given by licensed lawyers and accountants in Cyprus. We coordinate the process.

07Visualization, for illustration only

Contact

Want details on the apartments and purchase terms?Want to hear about relocating?We'd be glad to tell you moreLet's look at other optionsLet's review the management data

Leave your details and the Ensofia team will get back to you about availability, purchase terms and the options that fit you.Leave your details and the Ensofia team will get back to you with options in Paphos by handover date, size and budget.Leave your details and the Ensofia team will get back to you to walk through the full data and what management includes.

17 of 25 apartments available, per the 17.09.2026 price list

By clicking the button, you accept our Privacy Policy.