Buildings FOR SALE
in Paphos, Geroskipou
REF. NO. 50134
Modern Investment Opportunity – 4-Unit Residential Building
Located in the highly sought-after area of Geroskipou, just minutes from Paphos City Centre and the seafront, this modern 4-unit residential building offers a prime opportunity for both investors and long-term rental operators.
Built in 2020 with a sleek, modern design, the property includes four fully-rented 1-bedroom apartments, a communal rooftop area, private storage units, and available uncovered parking for residents.
Financial Highlights
Monthly Income: €2,850
Annual Income: €34,200
Asking Price: €630,000
Gross Yield: 5.43% | Net Yield: 5.28%
With only €80 in monthly maintenance costs (covering utilities and cleaning), this property ensures a strong and stable return.
Key Features
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Modern construction (2020)
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Communal rooftop with panoramic views
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Additional private storage units
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Uncovered parking available
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Excellent long-term rental potential
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Quiet residential neighborhood close to amenities
Geroskipou is one of Paphos’s fastest-developing residential areas, offering a perfect balance between city life and coastal living. Its proximity to Paphos Airport, Blue Flag beaches, and the city center makes it a preferred choice for both residents and investors seeking steady rental demand and property appreciation.
The property’s location provides easy access to shops, cafes, schools, and public transport—making it ideal for young professionals and small families.
