Buildings - Ref. No. 50134
For Sale
€630,000 For Sale
Geroskipou Paphos
Buildings Resale
4 Bedrooms
456m² Covered
- Plot


Property Features

Air Conditioning
Airport: 15 min drive
Beach: 5 min Drive
Fly screens
Fully Furnished
Golf: 15 min Drive
Open Kitchen
Private outside space
Roof garden
Title deeds Available
Town: Walking distance
VAT not Applicaple


Description

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 areaprivate 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

  • Modern construction (2020)

  • Communal rooftop with panoramic views

  • Additional private storage units

  • Uncovered parking available

  • Excellent long-term rental potential

  • 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 AirportBlue 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.