NOVA 12 – Luxury Residences in the Heart of Paphos

NOVA 12 – Luxury Residences in the Heart of Paphos

NOVA 12 is a premium residential development located in one of the most desirable areas of Paphos, just steps away from the iconic Tombs of the Kings, top-rated hotels, restaurants, shops, and public transport.

Project Overview:

• The project involves a complete renovation of an existing building, where only the main structural framework is retained, and everything else is rebuilt to meet the highest modern standards.
• This construction approach allows buyers to benefit from a 19% VAT exemption, offering significant savings and making this an ideal opportunity for both end-users and investors.
• Completion is scheduled for late 2025, with first units ready for move-in or rental as early as autumn 2025.

Apartment Types:

• The development includes 12 beautifully designed units with 1 or 2 bedrooms.
• Internal areas range from 56 m² to 83 m², with spacious covered and uncovered verandas.
• Penthouse units offer total areas up to 143 m², featuring expansive terraces with panoramic views.

Pricing:

• One-bedroom units start from €290,000, while two-bedroom apartments go up to €415,000, with no VAT applicable.
• Crypto payments are accepted, making the project especially appealing to modern investors seeking flexible and secure transaction options.

Amenities:

• Private swimming pool for residents (~60 m²).
• Generous green landscaping and communal garden areas.
• Dedicated parking space for each apartment (open or covered).
• Energy class A with central heating and cooling systems, underfloor heating in penthouses, and integrated security systems.

Location & Investment Potential:

• Just 700 meters from the beach, within walking distance to the city center, schools, and essential services.
• Situated next to the city’s most luxurious hotel offering spa access, rooftop infinity pool, and fine dining—available to NOVA 12 residents as well.
• Perfect for residential use or short/long-term rental, with strong demand and high rental yield potential.
• Full property management and rental services are available for buyers seeking a hassle-free, passive income stream.

NOVA 12 blends premium design, top-tier location, and smart investment strategy. Whether you’re buying for living, vacationing, or capital growth, this is a rare opportunity in the heart of Paphos.
Contact us today for floor plans, availability, and tailored payment options.