Under construction
2.422 €per m²Paphos, Republic of Cyprus
The Avenue Residences by Prospecta, photo 1Price from
340.000 €≈ $380,569 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.3.579 € per m² ≈ $4,006
cheaper than 50% of city projects: +1%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 95 - 131 m²
- Bedrooms
- 2
- Completion
- Q4 2026
- Readiness
- Under construction
- Dry season
- Jul, Aug, Jun
- First instalment
- 40%
Price
Is this expensive for the city
$4,006 per m², Paphos median $3,953
Median $3,953This project $4,006
$2,246$7,736
+1% vs the city median (Paphos), sample of 24 projects. cheaper than 50% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
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What it really costs
Payment plan
- 40%Step 1 · On contract$152,227
- 5%Step 2 · Tax$19,028
- 30%Step 3 · Before commissioning$114,171
- 30%Step 4 · On transfer$114,171
- Total
- $380,569
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$190,284$631,296
$336$5,709
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
40%100%
0%20%
- Monthly income
- $1,392
- Annual income
- $16,714
- Gross yield
- 5.7%
- Net yield
- 4.4%
- Value in 5 years
- $509,287
- 5-year ROI
- 56%
See calculation details
- Gross annual rent
- $21,692
- Common area fee
- -$907
- Tax (10%)
- -$2,169
- Agent commission
- -$1,903
- Net annual income
- $16,714
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
When is the season here
Driest months: Jul, Aug, Jun Wettest months: Dec, Jan, Feb Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Rainfall, mm per monthTemperature, °C
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 11.2 | 89 |
| Feb | 11.7 | 54 |
| Mar | 13.6 | 33 |
| Apr | 16.5 | 18 |
| May | 20.4 | 13 |
| Jun | 24.4 | 5 |
| Jul | 27.2 | 2 |
| Aug | 27.3 | 2 |
| Sep | 25.0 | 10 |
| Oct | 21.6 | 27 |
| Nov | 17.1 | 43 |
| Dec | 13.2 | 92 |
Source: NASA POWER, climate normal (2001-2020). Grid node 34.8, 32.4. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Condominium
- Completion
- Q4 2026
- Status
- Under construction
- Area
- 95 - 131 m²
Description
Prospecta Development is building The Avenue Residences by Prospecta in Paphos, Republic of Cyprus, in the Paphos District. The project is under construction, with completion set for October 2026.
The units on offer are two-bedroom condos ranging from 95 to 131 square meters. Prices start at 340,000 euros and go up to 470,000 euros, with a price per square meter from 3,579 euros. The gap between the smallest and largest layout spans more than 35 square meters, so floor plans vary noticeably in size.
Construction is carried out by Prospecta Development, and the building work is scheduled to finish in October 2026.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Price in your currency
Rate: 1 USD = 0.8934 EUR≈ $380,569Rate as of 2026-10-14
Denominated in EUR - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Paphos, Republic of Cyprus
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