Horizon Residences

Modern living design meets Mediterranean quality of life.

The Horizon project is characterized by its strategic location in the popular district of Universal (Kato Paphos). It offers the perfect balance between proximity to the tourist center and the tranquility of an upscale residential area.

Infrastructure:

Supermarkets, fitness centers, and international schools are within a 5–10 minute walk.

Tourism: The port of Paphos and UNESCO World Heritage sites are in close proximity. Airport:

Approximately a 15-minute drive to Paphos International Airport.

Prices & Units:

The prices reflect the high-quality construction and the enormous demand potential.

Unit TypeLiving Area (approx.)Price from (plus VAT)

1-Room Apartment ~ 75 m²
from €267,500

2-Room Apartment ~ 100 m²
from €365,000

Note: For first-time occupancy, a reduced VAT of 5% (instead of 19%) applies in Cyprus, provided it is used as the primary residence.

Investment Case: Why invest in Horizon?

High rental yields: In Paphos-Universal, gross yields of 7% to 9% can be achieved through short-term rentals (Airbnb/Booking). Long-term rents remain stable at around 5%.

Permanent Residency: An investment of at least €300,000 (+ VAT) qualifies you for Cypriot permanent residence (Fast-Track procedure), applicable to the entire family.

Capital Appreciation: Paphos has experienced a value increase of approximately 10-15% over the past 24 months. New buildings by renowned developers such as Quality Home are particularly resilient in value.

Tax Advantages:

Cyprus offers one of the most attractive tax systems in the EU (no tax on dividends/interest income for "Non-Dom" residents).