Featured Development: Domus, Tala (Paphos)
Summary: A total of 59 apartments, penthouses and townhouses.
Location: Tala (Paphos), Cyprus
Estimated completion: 31 December 2018
Development status: 60% complete
Why buy?
These are stylish and luxurious 1, 2 and 3 bedroom properties offering stunning views, within minutes walking distance of the picturesque village of Tala with its cobbled village square, taverns, restaurants and bars.
The developer is well established with a good reputation and has been operating in the property development industry for 3 decades.
There is a large residents swimming pool and terrace overlooking landscaped gardens.
Mediterranean style and architecture with domed roofs, terracotta tiles and stone detail, make for a stunning development that compliments the surrounding scenery.
Just a 10-minute drive to Paphos and a 5-minute drive to Coral Bay, with golf courses and private schools all nearby.
Top 3 properties on this development
1. The Modern Home: 2-bedroom spacious 
and well laid out apartment.
Price: €434,350 (including 19% VAT)
Who is this for?
This is ideal for renting, either on a long-term basis or for holiday lets or if you are looking for a permanent home.
2. Luxury Living: 3-bedroom penthouse (last available) with stunning large veranda.
Price: €1,047,200 (including 19% VAT)
Who is this for? Anyone looking for
the wow factor, whether it’s for a second home, to relocate to the sun or to rent out for luxury holiday rentals.
3. Bolt hole in the Sun: 1-bedroom apartment
Price: €285,600
Who is this for? This is the ideal property if you are looking for a bolthole in the sun.
Note: VAT in Cyprus on new build property is 19% however if you are purchasing as a primary residential property it is reduced to 5% providing the purchaser meets certain criteria and as such the above prices will be reduced for this purpose.
Top 5 reasons to use our services
- Meet an owner: We can arrange for you to meet with someone who has purchased a property through this developer to discuss any concerns you may have, talk about the buying process in Cyprus and share their experiences with you.
- No pressurised sales: When we introduce you to the developer we ask them to not put any pressure on you to buy a property so you can relax and enjoy the viewing.
- Developer incentives: We will help you understand the different incentives the developer can offer so you so you can get the best deal possible for your individual needs.
- Furniture gift voucher for you and a charitable donation: On completion of the property and once we have received our fees from the developer we will give you a €500 gift voucher to spend on furniture or accessories for a local furniture store in Cyprus to celebrate your new home. On completion of the property and once we have received our fees from the developer we will also give a charitable donation of €100 to a local Cypriot charity and will offer you the option to choose which charity receives this donation.
- Help and support: We are more than willing to offer you our help and support every step of the way, including after you have purchased your home – from setting up WiFi and TV and equipping your home, to insurance and currency transfers.
We can also arrange for you to view alternative properties so you can be reassured you have explored all options available.
Considerations
Property prices on this development are on the high side in comparison to resale property however you are getting a brand-new property in a stunning location that comes with a build guarantee. There are also opportunities to negotiate either a discount or incentive to make this a better deal including either a furniture package or guaranteed rental.
Title Deeds are typically issued 2 to 3 years after completion of developments in Cyprus. As with any purchase of property in Cyprus, make sure you use an independent solicitor who can carry out searches at the Land Registry and check information such as mortgages held on a development, how far title deeds are away from issue and how many properties have been sold.
