This unique investment opportunity is located in the heart of Paphos, just a short walk from the central square.
The central location is close to all amenities and facilities including bars, restaurants, shops and even the beach. The town square has a laid back vibe during the day and comes alive as the sun sets, with a varied nightlife on offer. The beautiful Paphos Harbour is also only a 10 minute drive away.
Situated in a prime city centre location, this four storey building comprises 12 apartments and 2 penthouses. Offering luxury, comfort and magnificent sea views, each apartment could be easily rented long-term for a favourable rate. The current yearly income from the combined rents is €96,000.
The listing includes:
- 12 x Apartments- 99 m2 each with 2 x bedrooms, 1 x bathroom, 2 x covered veranda, 1 x balcony garden, living room and open kitchen.
- 2 x Penthouses- 135 m2 each with 3 x bedrooms, 2 x bathrooms, 1 x verandas, 1 x big terrace, living room, dining area and open kitchen.
The development also comes complete with a list of excellent communal facilities that include:
- Barbecue area with outdoor kitchen
- Swimming pool with toilets, changing rooms and showers
- Private Covered/uncovered parking area with elevator and storage rooms
- Additional underground 700 m2 of basement area currently rented out as storage area
This is a fantastic opportunity for anyone seeking an investment project in Paphos. Viewing is highly recommended.
- 5 minutes from Paphos promenade and sandy beach
- 10 minutes’ drive Distance to Kings Avenue Mall
- 10 minutes’ drive from Paphos town
- Plot Size:
- 1024 sqm