Full Building Investment: Four two Bedroom Apartments in Kato Paphos for sale
- Kato Pafos, Paphos
- 8 Beds
- 4 Baths
- Ref: 34610
€950,000
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Property details
- Property type: Apartment Building
- Total covered area: 284 m²
- Plot area: 284 m²
- Bedrooms: 8
- Bathrooms: 4
- Toilets: 4
- Floor: Ground floor
- Floors: 1
- Parking spaces: 4
- Living rooms: 4
- Kitchens: 4
Other information
- Furnished: Fully furnished
- Year of construction: 2003
- Status: Resale
- Energy efficiency rating: Pending
Property description
Presenting an exceptional, fully tenanted multi-unit residential asset located in the highly desirable Universal district of Paphos. Built in 2003 and maintained in resale condition, this property offers immediate, stable cash flow for discerning investors looking to maximize their real estate portfolio.
Property Overview & Specifications
Location: Universal, Paphos
Asset Composition: Four independent 2-bedroom apartments
Total Covered Area: 284 sqm
Property Condition: Resale / Well-maintained
Construction Year: 2003
Included Amenities: Dedicated parking spaces and private balconies for the units, plus access to a shared communal rooftop terrace
Maintenance Costs: Extremely low at roughly €70 monthly (covering shared utilities and common cleaning)
Financial Metrics & Performance
Asking Price: €950,000
Current Monthly Rental Income: €4,100
Projected Annual Rental Income: €49,200
Current Gross Rental Yield: Approximately 5.2% based on existing tenancy performance
Investment Highlights
100% Occupancy: Fully tenanted building generating immediate returns from day one.
High-Demand Unit Mix: Comprises four functional 2-bedroom layouts featuring practical open-plan living spaces, modern kitchens, and built-in wardrobes, satisfying the massive market demand from expats, professionals, and long-term renters.
Strategic Location: Situated in Universal—one of Paphos's most robust rental markets characterized by restricted long-term inventory and consistent upward pricing growth.