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£1,603,697

(€223/sq. ft)

€1,848,000

2 bed property for sale
Paphos, Geroskipou

    • 2 beds

    • 1 bath

    • 1 reception

    • 8,277 sq. ft

Part furnished
Added on 02/12/2025

About this property

  • Solar water heater

  • Aircondition, Split system

  • Parking, Covered

A modern residential investment property consisting of 11 apartments, offering strong and stable rental income. The building includes 8 one-bedroom units and 3 two-bedroom units, with a total covered area of 769 sqm. It was constructed in 2009 and is maintained in excellent condition.

The property generates €8,000 monthly income (€96,000 annually) and benefits from very low running costs, with only €180 per month covering utilities, cleaning, and elevator service. It is located in a high-demand rental area, making it ideal for long-term investors seeking a reliable and high-yield asset.

Equipped with an elevator and featuring well-designed units, this building presents a turnkey opportunity for anyone looking to expand their property portfolio. Title deed available.

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