Commercial property / Paphos / Kato Paphos and Universal
Buy to Let Investment Opportunity For Sale in Kato Paphos.
150m to bars and restaurants
500m to blue-flag sandy beaches and water sports
500m to Kato Paphos fishing harbour
500m to UNESCO World Heritage Sites, including the Roman mosaics, Paphos ancient
amphitheatre and St. Paul's Pillar
500m to King's Avenue Mall
On a bus route, 20m to nearest bus stop
15 min drive to Paphos golf courses
20 min drive from Paphos International Airport
Unique buy to let investment opportunity offering five highly sought after apartments located in the same building with communal pool in the best area of Kato Paphos.
Built in 2007, this lovely, established complex has two buildings and the package comprises one x 2-bedroom, 2-bathroom apartment, two x 1-bedroom apartments and two x Studio apartments which are available for purchase together.
Already fully tenanted, these superb apartments are producing gross yields of 4.5% and come completely furnished. Each apartment has been designed with a space for residents to socialise and relax, with bespoke fixtures and light finishes. Large private terraces overlooking the pool provide the perfect space for al fresco dining or cocktails at sunset.
The project is located in a quiet residential area of Kato Paphos and is within 5 minutes’ walk to blue-flag sandy beaches, Kings Avenue Mall and the main tourist area of Kato Paphos, with its quaint harbour and UNESCO World Heritage Sites. The apartments are an easy 5-minute drive to the centre of Paphos town, and Neapolis University. With such a central location, tenant demand is incredibly high, and the properties offer versatility since there is high demand from both long-term and holiday tenants.
Cyprus’ growing expat population and ever increasing tourism figures, has led Paphos to become a top destination for property investment. This investment will generate immediate income and offers excellent potential for capital appreciation together with increasing rental demand which will yield higher returns year on year.
This property presents an excellent investment opportunity not to be missed! Call now to request more details or arrange a viewing.
Large Communal Pool with sun terrace
Energy saving devices
Provisions for central heating
Provision for heated towel rail
Large private terraces
Allocated parking space
Building has an intercom for extra security and ease of access
Large storage shed for outdoor furniture
The total area of each apartment is as follows:
Studio Apartments: 39 square metres each
1-Bedroom Apartments: 66.5 square metres each
2-Bedroom Apartment: 106.8 square metres